Zip 07470 (Wayne, NJ) Housing

The housing market in 07470 Wayne, NJ is doing well relative to the US average. The median value of a house in this area is $587,600, which is significantly higher than the US median value of $338,100. This reflects the fact that 07470 Wayne, NJ is an affluent suburb with many desirable amenities and attractions. Furthermore, the one year appreciation rate for housing in 07470 Wayne, NJ was 7.56%, which although lower than the US average of 8.27%, still indicates a healthy real estate market.

The median home cost in Wayne (zip 07470) is $587,600. Home appreciation the last 10 years has been 51.6%. Home Appreciation in Wayne (zip 07470) is up 12.7%.

Average Age of Homes

- The median age of Wayne (zip 07470) real estate is 52 years old

The Rental Market in Wayne (zip 07470)

- Renters make up 18.7% of the Wayne (zip 07470) population
- 0.6% of houses and apartments in Wayne (zip 07470), 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

Housing	Wayne, New Jersey	United States
	19,747.0	139,647,020.0
	55	42
	$587,600	$338,100
	12.7%	16.6%
	39.2%	57.0%
	51.6%	101.1%
	$29.97	$10.98
	$10,001	$2,690
	76.1%	57.4%
	3.0%	11.2%
	20.9%	31.4%
Vacant Housing
	0.6%	1.9%
	0.1%	0.4%
	0.4%	0.7%
	0.5%	0.4%
	0.1%	3.6%
	1.3%	4.1%
Value of Owner-Occupied Housing
	0.2%	2.6%
	0.2%	2.4%
	0.4%	2.8%
	0.0%	3.9%
	0.0%	4.5%
	0.4%	11.3%
	2.1%	13.0%
	4.8%	20.1%
	15.4%	13.6%
	26.7%	8.3%
	39.9%	9.7%
	8.0%	3.9%
	1.1%	2.2%
	0.2%	0.8%
	0.4%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	5.1%	13.6%
	5.1%	13.6%
	14.6%	13.6%
	11.0%	13.2%
	8.3%	14.8%
	14.6%	13.6%
	21.4%	10.0%
	6.1%	4.7%
	6.3%	12.2%

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