Welcome to our 7088 real estate data hub, tailored for investors in Union, 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 7088 in Union, NJ. Discover Section 8 housing opportunities and challenges to maximize your investment potential in UNION COUNTY.
Leverage our comprehensive, zip code-specific data to excel in Union, NJ real estate investing. Uncover the wealth of information available, and position yourself for success in the Union property market.
-
Location Overview
- Zip Code: 7088
- City: Union
- State: NJ
- Metro Area: New York-Newark-Jersey City, NY-NJ-PA
- County Name: UNION COUNTY
-
Real Estate Market Snapshot
- Average Home Price (All Types): $343,397
- Average Home Price (Single Family Homes): $347,867
- Average Monthly Rental Price (All Types): Not Available
- Price-to-Rent Ratio: Not Available
- Zillow Projected % appreciation from 4/2023-4/2024: -0.6%
-
Section 8 Housing Insights
- Average 2 Bedroom Section 8 Rental Rates: $1,930
- Average 3 Bedroom Section 8 Rental Rates: $2,450
- Price-to-Rent Ratio for 2 Bedroom Section 8 Properties: 14.83
- Price-to-Rent Ratio for 3 Bedroom Section 8 Properties: 11.68
- Number of Units Offered in Section 8 in the County: 3725
- Number of Occupied Units in Section 8 in the County: 3500
- Percentage of Section 8 Units Occupied in the County: 94%
-
Historical & Recent Price Appreciation Rates
- Total % Appreciation since 1990 (Government Data): Not Available
- Total % Appreciation since 2000 (Government Data): Not Available
- YTD Appreciation (Backwards from 4/2023, Realtor Data): 4.06%
- 1-Year Appreciation (Backwards from 4/2023, Realtor Data): 6.17%
- 3-Year Appreciation (Backwards from 4/2023, Realtor Data): 33.84%
- 5-Year Appreciation (Backwards from 4/2023, Realtor Data): 59.87%
- 10-Year Appreciation (Backwards from 4/2023, Realtor Data): Not Available%
- 15-Year Appreciation (Backwards from 4/2023, Realtor Data): Not Available%
- 20-Year Appreciation (Backwards from 4/2023, Realtor Data): Not Available%
-
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%