Weehawken, NJ—07086
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Weehawken, NJ
As of Oct '25, the median home price in Weehawken, NJ is $840,000, with a year-over-year change of 5.1%. This indicates that home prices in Weehawken, NJ are increasing. According to Zillow, the 1-year price projection is 1.4%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $840,000 | 5.1% |
| Single Family | $1,043,000 | 5.5% |
| Condos | $670,000 | 2.4% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | $471,000 | 3.7% |
2 Bed | $716,000 | 2.6% |
3 Bed | $1,150,000 | 3.0% |
4 Bed | N/A | N/A |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Weehawken, NJ
As of July '25, Rentcast reports the average rent in Weehawken, NJ is $3,890, with a year-over-year rent change of 10.8%. Per bedroom, the median rent as of July '25 in Weehawken, NJ is studios: $3,020, 1-bedrooms: $3,110, 2-bedrooms: $3,860, 3-bedrooms: $5,350, 4-bedrooms: $6,220. The most common rental property sizes in Weehawken, NJ are 1-bedroom and 2-bedroom, accounting for 38.7% and 31.9% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $3,400 | $3,890 |
| Studio Rent | $2,910 | $3,020 |
| 1 Bed Rent | $3,180 | $3,110 |
| 2 Bed Rent | $3,500 | $3,860 |
| 3 Bed Rent | $4,950 | $5,350 |
| 4 Bed Rent | $6,250 | $6,220 |
% of Rental Stock
Property Listings — Weehawken, NJ
As of Oct '25, Realtor.com reports that the median days on market for a home in Weehawken, NJ is 58. This is a increase of 22.0% 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 19.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $994,000 | 11.0% |
Listing Count | 63 | 2.0% |
| Listings as % of Homes | 0.3% | 2.0% |
Days on Market | 58 | 22.0% |
Demographics — Weehawken, NJ
As of the latest ACS Survey released in 2023, Weehawken, NJ has a population of 16,900, which has increased by 18.3% over the past 5 years. Weehawken, NJ is a moderately popular place for families, as children make up 15.5% 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 23.5% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 16,900 | 18.3% |
% Under 18 | 15.5% | -7.2% |
% Seniors | 12.4% | 6.0% |
% WFH | 23.5% | 319.6% |
% w/ College Degree | 66.1% | 15.4% |
As of the latest ACS Survey released in 2023, Weehawken, NJ is a predominantly white area, with 41.0% of the population identifying as white. The white population has shrunk by 15.3% in the last 5 years. The second most common race or ethnicity in Weehawken, NJ is hispanic, making up 36.0% of the population. Foreign-born residents account for 40.1% of the population in Weehawken, NJ, and this percentage has increased by 11.7% 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 | 41.0% | -15.3% |
% Black | 4.7% | 42.4% |
% Hispanic | 36.0% | 0.0% |
% Asian | 16.2% | 48.6% |
% Foreign Born | 40.1% | 11.7% |
Mortgage and Risk — Weehawken, NJ
According to HUD data as of 2023, there were 141 mortgage originations in Weehawken, NJ, of which 95.0% of loans were conventional mortgages. The average loan-to-value was 61.0%, with 12.0% above 90% LTV (elevated). This implies medium mortgage risk in Weehawken, NJ. Investor activity is low, as 2.0% of loans were by investors. 3.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 141 |
% Conventional Loans | 95.0% |
% Government Loans | 5.0% |
% Investor Loans | 2.0% |
% Second Loans | 1.0% |
% Cash Out Refinance | 3.0% |
Loan Activity
Rentals and Section 8 — Weehawken, NJ
As of 2024, the percent of homes in Weehawken, NJ under the Section 8 program is 9.2%. 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. In Weehawken, NJ, none of the tracked home sizes currently have HUD payment amounts above market rent, suggesting limited Section 8 opportunity.
Section 8 Market Size
Total Units under HUD | 522 |
Total Units Section 8 | 522 |
% Rentals under Section 8 | 9.2% |
% Occupied Section 8 | 84.1% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | -$710 | $3,180 | $2,470 |
| 2 Bedroom | -$700 | $3,500 | $2,800 |
| 3 Bedroom | -$1,510 | $4,950 | $3,440 |
| 4 Bedroom | -$2,330 | $6,250 | $3,920 |
Affordability — Weehawken, NJ
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 5.9 |
| Median Home Price | $840,000 |
| Median Household Income | $123,000 |