East Orange, NJ 7017 - Real Estate Investment Insights & Performance Data

Welcome to our 7017 real estate data hub, tailored for investors in East Orange, 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 7017 in East Orange, NJ. Discover Section 8 housing opportunities and challenges to maximize your investment potential in ESSEX COUNTY.

Leverage our comprehensive, zip code-specific data to excel in East Orange, NJ real estate investing. Uncover the wealth of information available, and position yourself for success in the East Orange property market.

• Location Overview

  • Zip Code: 7017
  • City: East Orange
  • State: NJ
  • Metro Area: New York-Newark-Jersey City, NY-NJ-PA
  • County Name: ESSEX COUNTY

• Real Estate Market Snapshot

  • Average Home Price (All Types): $371,155
  • Average Home Price (Single Family Homes): $383,928
  • Average Monthly Rental Price (All Types): $1,657
  • Price-to-Rent Ratio: 19
  • Zillow Projected % appreciation from 4/2023-4/2024: 0.9%

• Section 8 Housing Insights

  • Average 2 Bedroom Section 8 Rental Rates: $1,550
  • Average 3 Bedroom Section 8 Rental Rates: $1,970
  • Price-to-Rent Ratio for 2 Bedroom Section 8 Properties: 19.95
  • Price-to-Rent Ratio for 3 Bedroom Section 8 Properties: 15.7
  • Number of Units Offered in Section 8 in the County: 15502
  • Number of Occupied Units in Section 8 in the County: 14712
  • Percentage of Section 8 Units Occupied in the County: 94.90000153%

• Historical & Recent Price Appreciation Rates

  • Total % Appreciation since 1990 (Government Data): 242.46
  • Total % Appreciation since 2000 (Government Data): 197.36
  • YTD Appreciation (Backwards from 4/2023, Realtor Data): 5.52%
  • 1-Year Appreciation (Backwards from 4/2023, Realtor Data): 10.01%
  • 3-Year Appreciation (Backwards from 4/2023, Realtor Data): 47.78%
  • 5-Year Appreciation (Backwards from 4/2023, Realtor Data): 107.53%
  • 10-Year Appreciation (Backwards from 4/2023, Realtor Data): 195.91%
  • 15-Year Appreciation (Backwards from 4/2023, Realtor Data): 55.85%
  • 20-Year Appreciation (Backwards from 4/2023, Realtor Data): 183.98%

• Historical & Recent Rent Appreciation Rates

  • YTD Rent Appreciation (Backwards from 4/2023, Realtor Data): -3.79%
  • 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%