Zip 07087 (Union City, NJ) Housing


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The housing market in Union City, NJ (zip code 07087) is quite strong. The median value of homes in this area is $459,500, which is significantly higher than the US median value of $338,100. Additionally, the one year house appreciation rate in Union City stands at 10.07%, significantly higher than the US average of 8.27%. This shows that the housing market in Union City, NJ is thriving and is a great place to invest in property.

The median home cost in Union City (zip 07087) is $459,500. Home appreciation the last 10 years has been 66.2%. Home Appreciation in Union City (zip 07087) is up 13.9%.

Average Age of Homes
- The median age of Union City (zip 07087) real estate is 61 years old
The Rental Market in Union City (zip 07087)
- Renters make up 72.4% of the Union City (zip 07087) population
- 3.4% of houses and apartments in Union City (zip 07087), are available to rent

DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.

Median Monthly Rent by Number of Bedrooms

   Housing by Year Built

  HousingUnion City, New JerseyUnited States
  27,284.0139,647,020.0
  6642
  $459,500$338,100
  13.9%16.6%
  43.7%57.0%
  66.2%101.1%
  $25.99$10.98
  $9,935$2,690
  17.6%57.4%
  7.3%11.2%
  75.1%31.4%
  Vacant Housing
  3.4%1.9%
  0.2%0.4%
  0.3%0.7%
  0.5%0.4%
  0.7%3.6%
  2.3%4.1%
  Value of Owner-Occupied Housing
  2.1%2.6%
  0.7%2.4%
  0.4%2.8%
  0.1%3.9%
  0.0%4.5%
  1.5%11.3%
  4.1%13.0%
  17.8%20.1%
  28.4%13.6%
  24.7%8.3%
  18.1%9.7%
  1.5%3.9%
  0.6%2.2%
  0.0%0.8%
  0.0%1.1%
  Housing Units by Year Structure Built
  0.0%0.2%
  6.6%13.6%
  6.6%13.6%
  6.8%13.6%
  7.7%13.2%
  9.4%14.8%
  6.8%13.6%
  9.8%10.0%
  8.8%4.7%
  36.1%12.2%
Reviews for Union City
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Over 6 years ago

I lived in Union City my whole life. If you like "city life" but an affordable rate, great food, art, culture, shops, restaurants, etc. all within walking distance then  More

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Over 18 years ago

Union City is a city with convenient commute to NYC, shopping, and many residences have stunning NYC skyline  More

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