Clifton, NJ—07014
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 $569,000, with a year-over-year change of 5.0%. This indicates that home prices in Clifton, NJ are increasing. According to Zillow, the 1-year price projection is 1.3%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $569,000 | 5.0% |
| Single Family | $615,000 | 4.8% |
| Condos | $483,000 | 7.1% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $486,000 | 1.9% |
3 Bed | N/A | N/A |
4 Bed | N/A | N/A |
| 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 $3,140, with a year-over-year rent change of -1.3%. Per bedroom, the median rent as of July '25 in Clifton, NJ is 1-bedrooms: $1,850, 2-bedrooms: $3,200, 3-bedrooms: $3,250. The most common rental property sizes in Clifton, NJ are 2-bedroom and 3-bedroom, accounting for 60.3% and 21.6% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $3,300 | $3,140 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $1,850 | $1,850 |
| 2 Bed Rent | $3,300 | $3,200 |
| 3 Bed Rent | $3,500 | $3,250 |
| 4 Bed Rent | N/A | N/A |
% 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 19. This is a increase of 41.0% from last year, suggesting that homes are sitting on the market longer than last year. The percentage of listed homes with a reduced price is 0.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $568,000 | 8.0% |
Listing Count | 13 | -24.0% |
| Listings as % of Homes | 0.4% | -24.0% |
Days on Market | 19 | 41.0% |
Demographics — Clifton, NJ
As of the latest ACS Survey released in 2023, Clifton, NJ has a population of 4,870, which has decreased by -2.1% over the past 5 years. Clifton, NJ is a moderately popular place for families, as children make up 19.9% of the population. The area has a highly educated workforce, with 53.4% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 7.7% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 4,870 | -2.1% |
% Under 18 | 19.9% | -15.0% |
% Seniors | 15.2% | 32.2% |
% WFH | 7.7% | 305.3% |
% w/ College Degree | 53.4% | 17.6% |
As of the latest ACS Survey released in 2023, Clifton, NJ is a predominantly white area, with 51.4% of the population identifying as white. The white population has grown by 11.5% in the last 5 years. The second most common race or ethnicity in Clifton, NJ is hispanic, making up 33.9% of the population. Foreign-born residents account for 28.5% of the population in Clifton, NJ, and this percentage has increased by 27.2% 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 | 51.4% | 11.5% |
% Black | 2.3% | -80.3% |
% Hispanic | 33.9% | 16.9% |
% Asian | 12.5% | -5.3% |
% Foreign Born | 28.5% | 27.2% |
Mortgage and Risk — Clifton, NJ
According to HUD data as of 2023, there were 75 mortgage originations in Clifton, NJ, of which 91.0% of loans were conventional mortgages. The average loan-to-value was 62.0%, with 24.0% above 90% LTV (very high). This implies large mortgage risk in Clifton, NJ. Investor activity is low, as 3.0% of loans were by investors. 7.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 75 |
% Conventional Loans | 91.0% |
% Government Loans | 9.0% |
% Investor Loans | 3.0% |
% Second Loans | 1.0% |
% Cash Out Refinance | 7.0% |
Loan Activity
Rentals and Section 8 — Clifton, NJ
Clifton, NJ lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 3 |
Total Units Section 8 | 3 |
% Rentals under Section 8 | 1.0% |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $320 | $1,850 | $2,170 |
| 2 Bedroom | -$810 | $3,300 | $2,490 |
| 3 Bedroom | -$440 | $3,500 | $3,060 |
| 4 Bedroom | N/A | N/A | $3,880 |
Affordability — Clifton, NJ
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3.5 |
| Median Home Price | $569,000 |
| Median Household Income | $138,000 |