Port Reading, NJ—07064
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Port Reading, NJ
As of Oct '25, the median home price in Port Reading, NJ is $535,000, with a year-over-year change of 5.9%. This indicates that home prices in Port Reading, NJ are increasing. According to Zillow, the 1-year price projection is 1.8%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $535,000 | 5.9% |
| Single Family | $535,000 | 5.3% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | N/A | N/A |
3 Bed | N/A | N/A |
4 Bed | N/A | N/A |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Port Reading, NJ
As of July '25, Rentcast reports the average rent in Port Reading, NJ is $2,500, with a year-over-year rent change of 0.8%. Per bedroom, the median rent as of July '25 in Port Reading, NJ is 2-bedrooms: $2,500. The most common rental property sizes in Port Reading, NJ are 1-bedroom and 4-bedroom, accounting for 42.5% and 40.0% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $2,500 | $2,500 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | $2,500 | $2,500 |
| 3 Bed Rent | N/A | N/A |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Port Reading, NJ
As of Oct '25, Realtor.com reports that the median days on market for a home in Port Reading, NJ is 88. This is a increase of 158.0% 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 | $575,000 | 3.0% |
Listing Count | 5 | -18.0% |
| Listings as % of Homes | 0.6% | -18.0% |
Days on Market | 88 | 158.0% |
Demographics — Port Reading, NJ
As of the latest ACS Survey released in 2023, Port Reading, NJ has a population of 3,740, which has decreased by -9.6% over the past 5 years. Port Reading, NJ is a moderately popular place for families, as children make up 21.9% of the population. The area has a moderately educated workforce, with 31.2% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 6.0% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 3,740 | -9.6% |
% Under 18 | 21.9% | -13.1% |
% Seniors | 13.6% | -21.4% |
% WFH | 6.0% | 445.5% |
% w/ College Degree | 31.2% | 26.3% |
As of the latest ACS Survey released in 2023, Port Reading, NJ is a predominantly hispanic area, with 44.5% of the population identifying as hispanic. The hispanic population has grown by 60.1% in the last 5 years. The second most common race or ethnicity in Port Reading, NJ is white, making up 31.1% of the population. Foreign-born residents account for 31.9% of the population in Port Reading, NJ, and this percentage has increased by 67.0% 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 | 31.1% | -36.4% |
% Black | 11.9% | -19.0% |
% Hispanic | 44.5% | 60.1% |
% Asian | 10.0% | -27.5% |
% Foreign Born | 31.9% | 67.0% |
Mortgage and Risk — Port Reading, NJ
According to HUD data as of 2023, there were 41 mortgage originations in Port Reading, NJ, of which 71.0% of loans were conventional mortgages. The average loan-to-value was 118.0%, with 32.0% above 90% LTV (very high). This implies large mortgage risk in Port Reading, NJ. Investor activity is low, as 0.0% of loans were by investors. 15.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 41 |
% Conventional Loans | 71.0% |
% Government Loans | 29.0% |
% Investor Loans | 0.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 15.0% |
Loan Activity
Rentals and Section 8 — Port Reading, NJ
Port Reading, NJ lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 77 |
Total Units Section 8 | 77 |
% Rentals under Section 8 | 98.8% |
% Occupied Section 8 | 98.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $1,630 |
| 2 Bedroom | -$450 | $2,500 | $2,050 |
| 3 Bedroom | N/A | N/A | $2,490 |
| 4 Bedroom | N/A | N/A | $2,730 |
Affordability — Port Reading, NJ
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3 |
| Median Home Price | $535,000 |
| Median Household Income | $143,000 |