North Arlington, NJ—07031
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — North Arlington, NJ
As of Oct '25, the median home price in North Arlington, NJ is $607,000, with a year-over-year change of 4.2%. This indicates that home prices in North Arlington, NJ are increasing. According to Zillow, the 1-year price projection is 1.1%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $607,000 | 4.2% |
| Single Family | $610,000 | 4.1% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $577,000 | 4.7% |
3 Bed | $605,000 | 4.3% |
4 Bed | $679,000 | 4.1% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — North Arlington, NJ
As of July '25, Rentcast reports the average rent in North Arlington, NJ is $2,270, with a year-over-year rent change of -3.4%. Per bedroom, the median rent as of July '25 in North Arlington, NJ is studios: $2,100, 1-bedrooms: $2,020, 2-bedrooms: $2,220, 3-bedrooms: $2,660, 4-bedrooms: $2,850. The most common rental property sizes in North Arlington, NJ are 2-bedroom and 1-bedroom, accounting for 53.9% and 25.8% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $2,250 | $2,270 |
| Studio Rent | $2,100 | $2,100 |
| 1 Bed Rent | $1,910 | $2,020 |
| 2 Bed Rent | $2,200 | $2,220 |
| 3 Bed Rent | $2,650 | $2,660 |
| 4 Bed Rent | $2,850 | $2,850 |
% of Rental Stock
Property Listings — North Arlington, NJ
As of Oct '25, Realtor.com reports that the median days on market for a home in North Arlington, NJ is 46. This is a increase of 88.0% 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 18.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $799,000 | 38.0% |
Listing Count | 22 | 29.0% |
| Listings as % of Homes | 0.2% | 29.0% |
Days on Market | 46 | 88.0% |
Demographics — North Arlington, NJ
As of the latest ACS Survey released in 2023, North Arlington, NJ has a population of 16,400, which has increased by 4.1% over the past 5 years. North Arlington, NJ is a moderately popular place for families, as children make up 18.2% of the population. The area has a moderately educated workforce, with 38.6% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 10.7% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 16,400 | 4.1% |
% Under 18 | 18.2% | -2.7% |
% Seniors | 15.6% | -13.3% |
% WFH | 10.7% | 494.4% |
% w/ College Degree | 38.6% | 17.0% |
As of the latest ACS Survey released in 2023, North Arlington, NJ is a predominantly white area, with 53.7% of the population identifying as white. The white population has shrunk by 12.3% in the last 5 years. The second most common race or ethnicity in North Arlington, NJ is hispanic, making up 31.6% of the population. Foreign-born residents account for 32.1% of the population in North Arlington, NJ, and this percentage has increased by 0.9% 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 | 53.7% | -12.3% |
% Black | 1.9% | -26.9% |
% Hispanic | 31.6% | 11.7% |
% Asian | 9.9% | 45.6% |
% Foreign Born | 32.1% | 0.9% |
Mortgage and Risk — North Arlington, NJ
According to HUD data as of 2023, there were 179 mortgage originations in North Arlington, NJ, of which 78.0% of loans were conventional mortgages. The average loan-to-value was 58.0%, with 21.0% above 90% LTV (very high). This implies large mortgage risk in North Arlington, NJ. Investor activity is low, as 2.0% of loans were by investors. 11.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 179 |
% Conventional Loans | 78.0% |
% Government Loans | 22.0% |
% Investor Loans | 2.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 11.0% |
Loan Activity
Rentals and Section 8 — North Arlington, NJ
As of 2024, the percent of homes in North Arlington, NJ under the Section 8 program is 1.7%. 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. 4-bedroom units appear to be good home sizes to consider for Section 8 housing in North Arlington, NJ, because HUD payments exceed market rent, while 1-bedroom and 2-bedroom and 3-bedroom units do not.
Section 8 Market Size
Total Units under HUD | 62 |
Total Units Section 8 | 62 |
% Rentals under Section 8 | 1.7% |
% Occupied Section 8 | 97.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | -$170 | $1,910 | $1,740 |
| 2 Bedroom | -$200 | $2,200 | $2,000 |
| 3 Bedroom | -$190 | $2,650 | $2,460 |
| 4 Bedroom | $260 | $2,850 | $3,110 |
Affordability — North Arlington, NJ
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 5 |
| Median Home Price | $607,000 |
| Median Household Income | $101,000 |