Roseland, NJ—07068
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Roseland, NJ
As of Oct '25, the median home price in Roseland, NJ is $801,000, with a year-over-year change of 8.7%. This indicates that home prices in Roseland, 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 | $801,000 | 8.7% |
| Single Family | $834,000 | 9.0% |
| Condos | $719,000 | 7.2% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $636,000 | 5.1% |
3 Bed | $796,000 | 8.4% |
4 Bed | $980,000 | 9.1% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Roseland, NJ
As of July '25, Rentcast reports the average rent in Roseland, NJ is $4,660, with a year-over-year rent change of -10.4%. Per bedroom, the median rent as of July '25 in Roseland, NJ is 1-bedrooms: $2,780, 3-bedrooms: $4,600, 4-bedrooms: $5,630. The most common rental property sizes in Roseland, NJ are 2-bedroom and 1-bedroom, accounting for 56.1% and 33.1% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $4,480 | $4,660 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $2,650 | $2,780 |
| 2 Bed Rent | N/A | N/A |
| 3 Bed Rent | $3,400 | $4,600 |
| 4 Bed Rent | $4,850 | $5,630 |
% of Rental Stock
Property Listings — Roseland, NJ
As of Oct '25, Realtor.com reports that the median days on market for a home in Roseland, NJ is 72. This is a increase of 74.0% 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 8.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $812,000 | 9.0% |
Listing Count | 24 | 64.0% |
| Listings as % of Homes | 0.3% | 64.0% |
Days on Market | 72 | 74.0% |
Demographics — Roseland, NJ
As of the latest ACS Survey released in 2023, Roseland, NJ has a population of 6,210, which has increased by 6.2% over the past 5 years. Roseland, NJ is a moderately popular place for families, as children make up 20.3% of the population. The area has a highly educated workforce, with 66.1% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 18.7% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 6,210 | 6.2% |
% Under 18 | 20.3% | 2.0% |
% Seniors | 23.2% | -9.7% |
% WFH | 18.7% | 149.3% |
% w/ College Degree | 66.1% | 2.0% |
As of the latest ACS Survey released in 2023, Roseland, NJ is a predominantly white area, with 71.9% of the population identifying as white. The white population has shrunk by 14.5% in the last 5 years. The second most common race or ethnicity in Roseland, NJ is asian, making up 12.3% of the population. Foreign-born residents account for 15.2% of the population in Roseland, NJ, and this percentage has increased by 18.8% 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 | 71.9% | -14.5% |
% Black | 0.5% | ∞% |
% Hispanic | 7.2% | 7.5% |
% Asian | 12.3% | 38.2% |
% Foreign Born | 15.2% | 18.8% |
Mortgage and Risk — Roseland, NJ
According to HUD data as of 2023, there were 97 mortgage originations in Roseland, NJ, of which 96.0% of loans were conventional mortgages. The average loan-to-value was 54.0%, with 11.0% above 90% LTV (elevated). This implies medium mortgage risk in Roseland, NJ. Investor activity is low, as 0.0% of loans were by investors. 6.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 97 |
% Conventional Loans | 96.0% |
% Government Loans | 4.0% |
% Investor Loans | 0.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 6.0% |
Loan Activity
Rentals and Section 8 — Roseland, NJ
Roseland, NJ lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | N/A |
Total Units Section 8 | N/A |
% Rentals under Section 8 | N/A |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $0 | $2,650 | $2,650 |
| 2 Bedroom | N/A | N/A | $3,210 |
| 3 Bedroom | $640 | $3,400 | $4,040 |
| 4 Bedroom | -$250 | $4,850 | $4,600 |
Affordability — Roseland, NJ
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 4 |
| Median Home Price | $801,000 |
| Median Household Income | $161,000 |