Clifton, NJ—07013
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 $611,000, with a year-over-year change of 4.2%. This indicates that home prices in Clifton, NJ are increasing. According to Zillow, the 1-year price projection is 1.4%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $611,000 | 4.2% |
| Single Family | $627,000 | 3.5% |
| Condos | $475,000 | 3.5% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $522,000 | 3.4% |
3 Bed | $639,000 | 3.7% |
4 Bed | $710,000 | 3.5% |
| 5 Bed | $804,000 | 2.0% |
% of Housing Stock
Rental Trends — Clifton, NJ
As of July '25, Rentcast reports the average rent in Clifton, NJ is $2,780, with a year-over-year rent change of 7.3%. Per bedroom, the median rent as of July '25 in Clifton, NJ is studios: $1,750, 1-bedrooms: $1,970, 2-bedrooms: $2,710, 3-bedrooms: $3,300, 4-bedrooms: $5,170. The most common rental property sizes in Clifton, NJ are 1-bedroom and 3-bedroom, accounting for 30.9% and 26.0% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $2,600 | $2,780 |
| Studio Rent | $1,750 | $1,750 |
| 1 Bed Rent | $1,850 | $1,970 |
| 2 Bed Rent | $2,520 | $2,710 |
| 3 Bed Rent | $3,200 | $3,300 |
| 4 Bed Rent | $6,000 | $5,170 |
% 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 31. This is a decrease of -7.0% 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 16.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $601,000 | 2.0% |
Listing Count | 75 | -2.0% |
| Listings as % of Homes | 0.5% | -2.0% |
Days on Market | 31 | -7.0% |
Demographics — Clifton, NJ
As of the latest ACS Survey released in 2023, Clifton, NJ has a population of 29,400, which has increased by 9.2% over the past 5 years. Clifton, NJ is a moderately popular place for families, as children make up 15.4% of the population. The area has a moderately educated workforce, with 41.4% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 12.2% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 29,400 | 9.2% |
% Under 18 | 15.4% | -12.5% |
% Seniors | 25.2% | 32.6% |
% WFH | 12.2% | 229.7% |
% w/ College Degree | 41.4% | 4.8% |
As of the latest ACS Survey released in 2023, Clifton, NJ is a predominantly white area, with 58.0% of the population identifying as white. The white population has grown by 0.3% in the last 5 years. The second most common race or ethnicity in Clifton, NJ is hispanic, making up 25.6% of the population. Foreign-born residents account for 32.6% of the population in Clifton, NJ, and this percentage has decreased by 0.3% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 58.0% | 0.3% |
% Black | 2.5% | -44.4% |
% Hispanic | 25.6% | 6.2% |
% Asian | 10.2% | -21.5% |
% Foreign Born | 32.6% | -0.3% |
Mortgage and Risk — Clifton, NJ
According to HUD data as of 2023, there were 287 mortgage originations in Clifton, NJ, of which 84.0% of loans were conventional mortgages. The average loan-to-value was 60.0%, with 24.0% above 90% LTV (very high). This implies large mortgage risk in Clifton, NJ. Investor activity is low, as 2.0% of loans were by investors. 10.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 287 |
% Conventional Loans | 84.0% |
% Government Loans | 16.0% |
% Investor Loans | 2.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 10.0% |
Loan Activity
Rentals and Section 8 — Clifton, NJ
As of 2024, the percent of homes in Clifton, NJ under the Section 8 program is 10.1%. 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 | 316 |
Total Units Section 8 | 316 |
% Rentals under Section 8 | 10.1% |
% Occupied Section 8 | 93.5% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | -$60 | $1,850 | $1,790 |
| 2 Bedroom | -$470 | $2,520 | $2,050 |
| 3 Bedroom | -$680 | $3,200 | $2,520 |
| 4 Bedroom | -$2,810 | $6,000 | $3,190 |
Affordability — Clifton, NJ
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 4.3 |
| Median Home Price | $611,000 |
| Median Household Income | $119,000 |