Welcome to our 7026 real estate data hub, tailored for investors in Garfield, 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 7026 in Garfield, 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 Garfield, NJ real estate investing. Uncover the wealth of information available, and position yourself for success in the Garfield property market.
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Location Overview
- Zip Code: 7026
- City: Garfield
- 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): $447,723
- Average Home Price (Single Family Homes): $449,800
- Average Monthly Rental Price (All Types): $1,992
- Price-to-Rent Ratio: 19
- Zillow Projected % appreciation from 4/2023-4/2024: -0.4%
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Section 8 Housing Insights
- Average 2 Bedroom Section 8 Rental Rates: $1,720
- Average 3 Bedroom Section 8 Rental Rates: $2,140
- Price-to-Rent Ratio for 2 Bedroom Section 8 Properties: 21.69
- Price-to-Rent Ratio for 3 Bedroom Section 8 Properties: 17.43
- 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): 174.15
- Total % Appreciation since 2000 (Government Data): 139.32
- YTD Appreciation (Backwards from 4/2023, Realtor Data): 3.2%
- 1-Year Appreciation (Backwards from 4/2023, Realtor Data): 3.74%
- 3-Year Appreciation (Backwards from 4/2023, Realtor Data): 23.5%
- 5-Year Appreciation (Backwards from 4/2023, Realtor Data): 39.43%
- 10-Year Appreciation (Backwards from 4/2023, Realtor Data): 79.68%
- 15-Year Appreciation (Backwards from 4/2023, Realtor Data): 29.99%
- 20-Year Appreciation (Backwards from 4/2023, Realtor Data): 101.93%
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Historical & Recent Rent Appreciation Rates
- YTD Rent Appreciation (Backwards from 4/2023, Realtor Data): 7.75%
- 1-Year Rent Appreciation (Backwards from 4/2023, Realtor Data): 7.81%
- 3-Year Rent Appreciation (Backwards from 4/2023, Realtor Data): Not Available%
- 5-Year Rent Appreciation (Backwards from 4/2023, Realtor Data): Not Available%