Zip 07885 (Wharton, NJ) Housing

The housing market in Wharton, NJ (07885) is booming, with its median value reaching $377,600. This is significantly higher than the US house median value of $338,100. Not only that, but the 1 year house appreciation in Wharton is 10.13%, much more than the US 1 year house appreciation of 8.27%. This shows that not only has the housing market in Wharton been successful, but it also looks set to continue to grow offering a great investment opportunity for potential homeowners.

The median home cost in Wharton (zip 07885) is $377,600. Home appreciation the last 10 years has been 56.2%. Home Appreciation in Wharton (zip 07885) is up 14.2%.

Average Age of Homes

- The median age of Wharton (zip 07885) real estate is 50 years old

The Rental Market in Wharton (zip 07885)

- Renters make up 27.8% of the Wharton (zip 07885) population
- 2.6% of houses and apartments in Wharton (zip 07885), 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	Wharton, New Jersey	United States
	4,813.0	139,647,020.0
	51	42
	$377,600	$338,100
	14.2%	16.6%
	45.7%	57.0%
	56.2%	101.1%
	$26.40	$10.98
	$8,193	$2,690
	57.6%	57.4%
	12.0%	11.2%
	30.5%	31.4%
Vacant Housing
	2.6%	1.9%
	0.0%	0.4%
	3.8%	0.7%
	0.7%	0.4%
	0.8%	3.6%
	4.1%	4.1%
Value of Owner-Occupied Housing
	2.3%	2.6%
	2.1%	2.4%
	0.0%	2.8%
	0.0%	3.9%
	0.0%	4.5%
	2.1%	11.3%
	10.4%	13.0%
	29.5%	20.1%
	35.3%	13.6%
	12.0%	8.3%
	4.2%	9.7%
	0.4%	3.9%
	0.0%	2.2%
	0.0%	0.8%
	1.9%	1.1%
Housing Units by Year Structure Built
	0.5%	0.2%
	6.5%	13.6%
	6.5%	13.6%
	7.2%	13.6%
	10.5%	13.2%
	17.6%	14.8%
	7.2%	13.6%
	16.3%	10.0%
	6.7%	4.7%
	17.2%	12.2%

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