Welcome to our 7627 real estate data hub, tailored for investors in Demarest, NJ. We aim to provide valuable insights, empowering you to make well-informed decisions in this unique market.
Explore essential data such as home prices, rental rates, and appreciation trends specific to 7627 in Demarest, NJ. Discover Section 8 housing opportunities and challenges to maximize your investment potential in BERGEN COUNTY.
Leverage our comprehensive, zip code-specific data to excel in Demarest, NJ real estate investing. Uncover the wealth of information available, and position yourself for success in the Demarest property market.
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Location Overview
- Zip Code: 7627
- City: Demarest
- State: NJ
- Metro Area: New York-Newark-Jersey City, NY-NJ-PA
- County Name: BERGEN COUNTY
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Real Estate Market Snapshot
- Average Home Price (All Types): $994,706
- Average Home Price (Single Family Homes): $986,626
- Average Monthly Rental Price (All Types): Not Available
- Price-to-Rent Ratio: Not Available
- Zillow Projected % appreciation from 4/2023-4/2024: -0.1%
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Section 8 Housing Insights
- Average 2 Bedroom Section 8 Rental Rates: $2,750
- Average 3 Bedroom Section 8 Rental Rates: $3,410
- Price-to-Rent Ratio for 2 Bedroom Section 8 Properties: 30.14
- Price-to-Rent Ratio for 3 Bedroom Section 8 Properties: 24.31
- Number of Units Offered in Section 8 in the County: 2735
- Number of Occupied Units in Section 8 in the County: 2633
- Percentage of Section 8 Units Occupied in the County: 96.30000305%
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Historical & Recent Price Appreciation Rates
- Total % Appreciation since 1990 (Government Data): 199.76
- Total % Appreciation since 2000 (Government Data): 118.42
- YTD Appreciation (Backwards from 4/2023, Realtor Data): 2.47%
- 1-Year Appreciation (Backwards from 4/2023, Realtor Data): 6.8%
- 3-Year Appreciation (Backwards from 4/2023, Realtor Data): 25.87%
- 5-Year Appreciation (Backwards from 4/2023, Realtor Data): 24.25%
- 10-Year Appreciation (Backwards from 4/2023, Realtor Data): 57.13%
- 15-Year Appreciation (Backwards from 4/2023, Realtor Data): 46.23%
- 20-Year Appreciation (Backwards from 4/2023, Realtor Data): 95.97%
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Historical & Recent Rent Appreciation Rates
- YTD Rent Appreciation (Backwards from 4/2023, Realtor Data): Not Available%
- 1-Year Rent Appreciation (Backwards from 4/2023, Realtor Data): Not Available%
- 3-Year Rent Appreciation (Backwards from 4/2023, Realtor Data): Not Available%
- 5-Year Rent Appreciation (Backwards from 4/2023, Realtor Data): Not Available%