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Fairview, NJ—07022

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value
$631,000
2.2% YoY Growth
Household Income
$64,200
11.2% YoY Growth
Days on Market
63
30.0% Longer YoY
Home Price Forecast
1.5%
Median Rent
$2,500
5.7% YoY Growth
1-Bed Rent
$1,950
8.6% YoY Growth
2-Bed Rent
$2,500
3.6% YoY Growth
3-Bed Rent
$3,000
4.4% YoY Growth
  • Home Price Trends
  • Rental Trends
  • Property Listings
  • Demographics
  • Mortgage and Risk

Home Price Trends — Fairview, NJ

As of Dec '25, the median home price in Fairview, NJ is $631,000, with a year-over-year change of 2.2%. This indicates that home prices in Fairview, NJ are increasing. According to Zillow, the 1-year price projection is 1.5%, suggesting an increase housing market in the next year.

Cost per Home Type

Home TypeMedian Home ValueYoY % Change
All Homes
$631,0002.2%
Single Family $653,0001.9%
Condos $465,0001.8%

Cost per Home Size

Home SizeMedian Home ValueYoY % Change
1 Bed
  • Affordability
  • Rentals and Section 8
    • N/A
    N/A
    2 Bed
    		N/AN/A
    3 Bed
    		$681,0002.9%
    4 Bed
    		N/AN/A
    5 Bed N/AN/A
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    % of Housing Stock

    Studio
    6.1%
    1 Bedroom
    28.3%
    2 Bedrooms
    28.1%
    3 Bedrooms
    28.3%
    4 Bedrooms
    5.6%
    5+ Bedrooms
    3.5%

    Rental Trends — Fairview, NJ

    As of July '25, Rentcast reports the average rent in Fairview, NJ is $2,580, with a year-over-year rent change of 5.7%. Per bedroom, the median rent as of July '25 in Fairview, NJ is 1-bedrooms: $2,010, 2-bedrooms: $2,620, 3-bedrooms: $3,060, 4-bedrooms: $4,400. The most common rental property sizes in Fairview, NJ are 1-bedroom and 2-bedroom, accounting for 41.0% and 30.3% of the rental stock.

    TypeMedian RentAverage Rent
    Average Rent$2,500$2,580
    Studio Rent N/AN/A
    1 Bed Rent $1,950$2,010
    2 Bed Rent $2,500$2,620
    3 Bed Rent $3,000$3,060
    4 Bed Rent $4,500$4,400
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    % of Rental Stock

    Studio
    9.6%
    1 Bedroom
    41.0%
    2 Bedrooms
    30.3%
    3 Bedrooms
    18.8%
    4 Bedrooms
    0.4%

    Property Listings — Fairview, NJ

    As of Dec '25, Realtor.com reports that the median days on market for a home in Fairview, NJ is 47. This is a increase of 26.0% 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.

    MetricZip Code AverageYear over Year % Change
    Median Listing Price
    		$624,00010.0%
    Listing Count
    		184.0%
    Listings as % of Homes0.1%4.0%
    Days on Market
    		6330.0%
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    Demographics — Fairview, NJ

    As of the latest ACS Survey released in 2023, Fairview, NJ has a population of 14,900, which has increased by 4.6% over the past 5 years. Fairview, NJ is a moderately popular place for families, as children make up 17.3% of the population. The area has a poorly educated workforce, with 23.6% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 7.0% reporting working from home.

    MetricLatest CensusYoY % Change
    Population
    		14,9004.6%
    % Under 18
    		17.3%-0.6%
    % Seniors
    		12.7%-12.4%
    % WFH
    		7.0%337.5%
    % w/ College Degree
    		23.6%18.0%
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    As of the latest ACS Survey released in 2023, Fairview, NJ is a predominantly hispanic area, with 62.9% of the population identifying as hispanic. The hispanic population has grown by 2.1% in the last 5 years. The second most common race or ethnicity in Fairview, NJ is white, making up 29.0% of the population. Foreign-born residents account for 47.9% of the population in Fairview, NJ, and this percentage has decreased by 9.6% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.

    Race and Ethnicity

    MetricLatest Census5-Year % Change
    % White
    		29.0%3.9%
    % Black
    		1.0%-74.4%
    % Hispanic
    		62.9%2.1%
    % Asian
    		4.9%-14.0%
    % Foreign Born
    		47.9%-9.6%
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    Mortgage and Risk — Fairview, NJ

    According to HUD data as of 2023, there were 57 mortgage originations in Fairview, NJ, of which 79.0% of loans were conventional mortgages. The average loan-to-value was 65.0%, with 28.0% above 90% LTV (very high). This implies large mortgage risk in Fairview, NJ. Investor activity is low, as 7.0% of loans were by investors. 9.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.

    Mortgages

    MetricZip Code Average
    Total Loan Originations
    		57
    % Conventional Loans
    		79.0%
    % Government Loans
    		21.0%
    % Investor Loans
    		7.0%
    % Second Loans
    		0.0%
    % Cash Out Refinance
    		9.0%
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    Rentals and Section 8 — Fairview, NJ

    As of 2024, the percent of homes in Fairview, NJ under the Section 8 program is 9.0%. 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 Fairview, 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
    		9.0%
    % Occupied Section 8
    		95.4%

    Section 8 Opportunity

    Home SizeHUD PremiumMarket RentMax HUD Rent
    1 Bedroom-$240$1,950$1,710
    2 Bedroom-$540$2,500$1,960
    3 Bedroom-$590$3,000$2,410
    4 Bedroom-$1,450$4,500$3,050

    Affordability — Fairview, NJ

    Home Price to Income Ratio

    MetricZip Code Average
    Home Price to Income Ratio8.1
    Median Home Price$631,000
    Median Household Income$64,200

    Fairview, NJ — ZIP Code Boundary Map

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    Nearby ZIP Codes

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