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North Arlington, NJ—07031

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value
$634,000
3.7% YoY Growth
Household Income
$101,000
34.8% YoY Growth
Days on Market
24
9.0% Longer YoY
Home Price Forecast
1.3%
Median Rent
$2,250
3.4% YoY Growth
1-Bed Rent
$1,910
9.2% YoY Growth
2-Bed Rent
$2,200
3.5% YoY Growth
3-Bed Rent
$2,650
3.6% YoY Growth
  • Home Price Trends
  • Rental Trends
  • Property Listings
  • Demographics
  • Mortgage and Risk

Home Price Trends — North Arlington, NJ

As of May '26, the median home price in North Arlington, NJ is $634,000, with a year-over-year change of 3.7%. This indicates that home prices in North Arlington, 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 TypeMedian Home ValueYoY % Change
All Homes
$634,0003.7%
Single Family $636,0003.4%
Condos N/AN/A

Cost per Home Size

Home SizeMedian Home ValueYoY % Change
1 Bed
  • Affordability
  • Rentals and Section 8
    • N/A
    N/A
    2 Bed
    		$596,0003.7%
    3 Bed
    		$627,0003.5%
    4 Bed
    		$712,0003.5%
    5 Bed N/AN/A
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    % of Housing Stock

    Studio
    4.5%
    1 Bedroom
    15.2%
    2 Bedrooms
    38.5%
    3 Bedrooms
    29.7%
    4 Bedrooms
    11.5%
    5+ Bedrooms
    0.6%

    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.

    TypeMedian RentAverage 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
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    % of Rental Stock

    Studio
    8.0%
    1 Bedroom
    25.8%
    2 Bedrooms
    53.9%
    3 Bedrooms
    9.5%
    4 Bedrooms
    2.8%

    Property Listings — North Arlington, NJ

    As of May '26, Realtor.com reports that the median days on market for a home in North Arlington, NJ is 24. This is a increase of 9.0% 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
    		$699,0006.0%
    Listing Count
    		2254.0%
    Listings as % of Homes0.2%54.0%
    Days on Market
    		249.0%
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    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.

    MetricLatest CensusYoY % Change
    Population
    		16,4004.1%
    % Under 18
    		18.2%-2.7%
    % Seniors
    		15.6%-13.3%
    % WFH
    		10.7%494.4%
    % w/ College Degree
    		38.6%17.0%
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    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

    MetricLatest Census5-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%
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    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

    MetricZip 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%
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    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 SizeHUD PremiumMarket RentMax 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

    MetricZip Code Average
    Home Price to Income Ratio5.1
    Median Home Price$634,000
    Median Household Income$101,000

    North Arlington, NJ — ZIP Code Boundary Map

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    Nearby ZIP Codes

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    07071

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    Frequently Asked Questions