Orange, NJ 7050 - Real Estate Investment Insights & Performance Data

Welcome to our 7050 real estate data hub, tailored for investors in 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 7050 in 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 Orange, NJ real estate investing. Uncover the wealth of information available, and position yourself for success in the Orange property market.

• Location Overview

  • Zip Code: 7050
  • City: 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): $345,463
  • Average Home Price (Single Family Homes): $370,525
  • Average Monthly Rental Price (All Types): $1,712
  • Price-to-Rent Ratio: 17
  • Zillow Projected % appreciation from 4/2023-4/2024: 0%

• Section 8 Housing Insights

  • Average 2 Bedroom Section 8 Rental Rates: $1,520
  • Average 3 Bedroom Section 8 Rental Rates: $1,930
  • Price-to-Rent Ratio for 2 Bedroom Section 8 Properties: 18.94
  • Price-to-Rent Ratio for 3 Bedroom Section 8 Properties: 14.92
  • 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): 199.41
  • Total % Appreciation since 2000 (Government Data): 180.86
  • YTD Appreciation (Backwards from 4/2023, Realtor Data): 4.1%
  • 1-Year Appreciation (Backwards from 4/2023, Realtor Data): 9.25%
  • 3-Year Appreciation (Backwards from 4/2023, Realtor Data): 45.09%
  • 5-Year Appreciation (Backwards from 4/2023, Realtor Data): 98.55%
  • 10-Year Appreciation (Backwards from 4/2023, Realtor Data): 156.66%
  • 15-Year Appreciation (Backwards from 4/2023, Realtor Data): 36.66%
  • 20-Year Appreciation (Backwards from 4/2023, Realtor Data): 135.85%

• Historical & Recent Rent Appreciation Rates

  • YTD Rent Appreciation (Backwards from 4/2023, Realtor Data): -0.92%
  • 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%