Housing in 07480 West Milford, NJ is quite expensive compared to the US House Median Value of $338,100 with the median value being $378,900. However, appreciation of this housing market has been slightly lower than the US 1 year House Appreciation of 8.27%, with a 1 year appreciation rate of 7.56%. Despite the slightly lower rate of appreciation for house values in West Milford, it remains an attractive housing investment option due to its higher-than-average median value.
The median home cost in West Milford (zip 07480) is $378,900. Home appreciation the last 10 years has been 51.6%. Home Appreciation in West Milford (zip 07480) is up 12.7%.
Average Age of Homes
- The median age of West Milford (zip 07480) real estate is 48 years old
The Rental Market in West Milford (zip 07480)
- Renters make up 10.2% of the West Milford (zip 07480) population
- 0.0% of houses and apartments in West Milford (zip 07480), 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.