Zip 07075 (Wood-Ridge, NJ) Housing

The housing in 07075 Wood-Ridge, NJ is quite expensive with a median value of $515,800. This is significantly higher than the US median house value of $338,100. In addition, the 1-year appreciation rate for houses in this area is 10.07%, which is 1.8% higher than the US average appreciation rate of 8.27%. This indicates that housing in this area has been steadily increasing in value and remains a desirable market for potential home buyers.

The median home cost in Wood-Ridge (zip 07075) is $515,800. Home appreciation the last 10 years has been 66.2%. Home Appreciation in Wood-Ridge (zip 07075) is up 13.9%.

Average Age of Homes

- The median age of Wood-Ridge (zip 07075) real estate is 61 years old

The Rental Market in Wood-Ridge (zip 07075)

- Renters make up 20.6% of the Wood-Ridge (zip 07075) population
- 2.2% of houses and apartments in Wood-Ridge (zip 07075), 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	Wood-Ridge, New Jersey	United States
	3,820.0	139,647,020.0
	61	42
	$515,800	$338,100
	13.9%	16.6%
	43.7%	57.0%
	66.2%	101.1%
	$21.84	$10.98
	$10,001	$2,690
	62.0%	57.4%
	2.2%	11.2%
	35.8%	31.4%
Vacant Housing
	2.2%	1.9%
	0.0%	0.4%
	0.0%	0.7%
	0.0%	0.4%
	0.0%	3.6%
	0.0%	4.1%
Value of Owner-Occupied Housing
	2.8%	2.6%
	0.1%	2.4%
	0.7%	2.8%
	0.0%	3.9%
	0.0%	4.5%
	0.0%	11.3%
	1.8%	13.0%
	3.1%	20.1%
	20.6%	13.6%
	38.2%	8.3%
	28.5%	9.7%
	4.2%	3.9%
	0.0%	2.2%
	0.0%	0.8%
	0.0%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	6.9%	13.6%
	6.9%	13.6%
	3.3%	13.6%
	4.1%	13.2%
	6.5%	14.8%
	3.3%	13.6%
	18.0%	10.0%
	8.8%	4.7%
	23.8%	12.2%

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