Clifton, NJ—07011
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Clifton, NJ
As of Oct '25, the median home price in Clifton, NJ is $562,000, with a year-over-year change of 5.4%. This indicates that home prices in Clifton, NJ are increasing. According to Zillow, the 1-year price projection is 1.2%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $562,000 | 5.4% |
| Single Family | $564,000 | 4.4% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $486,000 | 3.4% |
3 Bed | $564,000 | 5.4% |
4 Bed | $597,000 | 4.4% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Clifton, NJ
As of July '25, Rentcast reports the average rent in Clifton, NJ is $2,550, with a year-over-year rent change of 11.8%. Per bedroom, the median rent as of July '25 in Clifton, NJ is studios: $1,800, 1-bedrooms: $1,760, 2-bedrooms: $2,440, 3-bedrooms: $2,930, 4-bedrooms: $3,440. The most common rental property sizes in Clifton, NJ are 2-bedroom and 1-bedroom, accounting for 48.9% and 25.0% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $2,500 | $2,550 |
| Studio Rent | $1,700 | $1,800 |
| 1 Bed Rent | $1,750 | $1,760 |
| 2 Bed Rent | $2,350 | $2,440 |
| 3 Bed Rent | $2,950 | $2,930 |
| 4 Bed Rent | $3,200 | $3,440 |
% of Rental Stock
Property Listings — Clifton, NJ
As of Oct '25, Realtor.com reports that the median days on market for a home in Clifton, NJ is 22. This is a decrease of -15.0% from last year, suggesting that homes are sitting on the market shorter than last year. The percentage of listed homes with a reduced price is 21.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $534,000 | 4.0% |
Listing Count | 29 | -1.0% |
| Listings as % of Homes | 0.2% | -1.0% |
Days on Market | 22 | -15.0% |
Demographics — Clifton, NJ
As of the latest ACS Survey released in 2023, Clifton, NJ has a population of 38,800, which has decreased by -3.4% over the past 5 years. Clifton, NJ is a moderately popular place for families, as children make up 19.8% of the population. The area has a poorly educated workforce, with 22.5% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 7.2% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 38,800 | -3.4% |
% Under 18 | 19.8% | -10.4% |
% Seniors | 15.0% | 23.0% |
% WFH | 7.2% | 380.0% |
% w/ College Degree | 22.5% | 6.6% |
As of the latest ACS Survey released in 2023, Clifton, NJ is a predominantly hispanic area, with 55.9% of the population identifying as hispanic. The hispanic population has grown by 1.5% in the last 5 years. The second most common race or ethnicity in Clifton, NJ is white, making up 33.0% of the population. Foreign-born residents account for 43.7% of the population in Clifton, NJ, and this percentage has increased by 7.6% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 33.0% | 4.8% |
% Black | 5.9% | -28.0% |
% Hispanic | 55.9% | 1.5% |
% Asian | 4.0% | -14.9% |
% Foreign Born | 43.7% | 7.6% |
Mortgage and Risk — Clifton, NJ
According to HUD data as of 2023, there were 316 mortgage originations in Clifton, NJ, of which 73.0% of loans were conventional mortgages. The average loan-to-value was 63.0%, with 28.0% above 90% LTV (very high). This implies large mortgage risk in Clifton, NJ. Investor activity is low, as 5.0% of loans were by investors. 12.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 316 |
% Conventional Loans | 73.0% |
% Government Loans | 27.0% |
% Investor Loans | 5.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 12.0% |
Loan Activity
Rentals and Section 8 — Clifton, NJ
As of 2024, the percent of homes in Clifton, NJ under the Section 8 program is 6.1%. This is considered low, suggesting that the neighborhood is sparsely composed of Section 8 homes. Section 8 opportunity is good when HUD pays more than market rent. In Clifton, NJ, none of the tracked home sizes currently have HUD payment amounts above market rent, suggesting limited Section 8 opportunity.
Section 8 Market Size
Total Units under HUD | 451 |
Total Units Section 8 | 451 |
% Rentals under Section 8 | 6.1% |
% Occupied Section 8 | 88.5% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | -$40 | $1,750 | $1,710 |
| 2 Bedroom | -$390 | $2,350 | $1,960 |
| 3 Bedroom | -$540 | $2,950 | $2,410 |
| 4 Bedroom | -$150 | $3,200 | $3,050 |
Affordability — Clifton, NJ
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 6.1 |
| Median Home Price | $562,000 |
| Median Household Income | $73,600 |