Sewaren, NJ—07077
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Sewaren, NJ
As of Oct '25, the median home price in Sewaren, NJ is $522,000, with a year-over-year change of 6.7%. This indicates that home prices in Sewaren, NJ are increasing. According to Zillow, the 1-year price projection is 2.1%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $522,000 | 6.7% |
| Single Family | $526,000 | 6.0% |
| 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 — Sewaren, NJ
As of July '25, Rentcast reports the average rent in Sewaren, NJ is $2,960, with a year-over-year rent change of 10.4%. Per bedroom, the median rent as of July '25 in Sewaren, NJ is 1-bedrooms: $2,300, 2-bedrooms: $2,500, 3-bedrooms: $3,320. The most common rental property sizes in Sewaren, NJ are 1-bedroom and 3-bedroom, accounting for 54.9% and 32.5% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $3,000 | $2,960 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $2,300 | $2,300 |
| 2 Bed Rent | $2,500 | $2,500 |
| 3 Bed Rent | $3,250 | $3,320 |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Sewaren, NJ
As of Oct '25, Realtor.com reports that the median days on market for a home in Sewaren, NJ is 28. This is a decrease of -71.0% from last year, suggesting that homes are sitting on the market shorter 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 | $485,000 | -3.0% |
Listing Count | 7 | 35.0% |
| Listings as % of Homes | 0.3% | 35.0% |
Days on Market | 28 | -71.0% |
Demographics — Sewaren, NJ
As of the latest ACS Survey released in 2023, Sewaren, NJ has a population of 3,200, which has increased by 37.9% over the past 5 years. Sewaren, NJ is a moderately popular place for families, as children make up 15.8% of the population. The area has a moderately educated workforce, with 29.9% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 16.5% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 3,200 | 37.9% |
% Under 18 | 15.8% | -10.7% |
% Seniors | 21.1% | 46.5% |
% WFH | 16.5% | 1,962.5% |
% w/ College Degree | 29.9% | -20.1% |
As of the latest ACS Survey released in 2023, Sewaren, NJ is a predominantly white area, with 47.8% of the population identifying as white. The white population has shrunk by 25.9% in the last 5 years. The second most common race or ethnicity in Sewaren, NJ is hispanic, making up 24.6% of the population. Foreign-born residents account for 20.3% of the population in Sewaren, NJ, and this percentage has increased by 53.8% 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 | 47.8% | -25.9% |
% Black | 15.3% | 91.2% |
% Hispanic | 24.6% | -2.4% |
% Asian | 10.7% | 282.1% |
% Foreign Born | 20.3% | 53.8% |
Mortgage and Risk — Sewaren, NJ
According to HUD data as of 2023, there were 60 mortgage originations in Sewaren, NJ, of which 77.0% of loans were conventional mortgages. The average loan-to-value was 87.0%, with 25.0% above 90% LTV (very high). This implies large mortgage risk in Sewaren, NJ. Investor activity is low, as 3.0% of loans were by investors. 22.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 60 |
% Conventional Loans | 77.0% |
% Government Loans | 23.0% |
% Investor Loans | 3.0% |
% Second Loans | 2.0% |
% Cash Out Refinance | 22.0% |
Loan Activity
Rentals and Section 8 — Sewaren, NJ
Sewaren, NJ lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 21 |
Total Units Section 8 | 21 |
% Rentals under Section 8 | 6.6% |
% Occupied Section 8 | 99.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | -$670 | $2,300 | $1,630 |
| 2 Bedroom | -$450 | $2,500 | $2,050 |
| 3 Bedroom | -$760 | $3,250 | $2,490 |
| 4 Bedroom | N/A | N/A | $2,730 |
Affordability — Sewaren, NJ
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3.9 |
| Median Home Price | $522,000 |
| Median Household Income | $107,000 |