Roselle, NJ—07203
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Roselle, NJ
As of Oct '25, the median home price in Roselle, NJ is $508,000, with a year-over-year change of 4.3%. This indicates that home prices in Roselle, NJ are increasing. According to Zillow, the 1-year price projection is 1.6%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $508,000 | 4.3% |
| Single Family | $513,000 | 3.0% |
| Condos | $236,000 | -1.3% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $401,000 | 4.2% |
3 Bed | $508,000 | 3.3% |
4 Bed | $551,000 | 3.4% |
| 5 Bed | $617,000 | 3.9% |
% of Housing Stock
Rental Trends — Roselle, NJ
As of July '25, Rentcast reports the average rent in Roselle, NJ is $2,370, with a year-over-year rent change of -8.1%. Per bedroom, the median rent as of July '25 in Roselle, NJ is studios: $1,230, 1-bedrooms: $1,820, 2-bedrooms: $2,310, 3-bedrooms: $2,620, 4-bedrooms: $3,320. The most common rental property sizes in Roselle, NJ are 1-bedroom and 2-bedroom, accounting for 45.0% and 35.5% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $2,400 | $2,370 |
| Studio Rent | $1,200 | $1,230 |
| 1 Bed Rent | $1,800 | $1,820 |
| 2 Bed Rent | $2,300 | $2,310 |
| 3 Bed Rent | $2,500 | $2,620 |
| 4 Bed Rent | $3,300 | $3,320 |
% of Rental Stock
Property Listings — Roselle, NJ
As of Oct '25, Realtor.com reports that the median days on market for a home in Roselle, NJ is 52. This is a increase of 20.0% 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 | $530,000 | 9.0% |
Listing Count | 52 | -2.0% |
| Listings as % of Homes | 0.5% | -2.0% |
Days on Market | 52 | 20.0% |
Demographics — Roselle, NJ
As of the latest ACS Survey released in 2023, Roselle, NJ has a population of 22,500, which has increased by 4.0% over the past 5 years. Roselle, NJ is a moderately popular place for families, as children make up 19.2% of the population. The area has a moderately educated workforce, with 26.1% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 8.3% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 22,500 | 4.0% |
% Under 18 | 19.2% | -11.1% |
% Seniors | 16.3% | 7.2% |
% WFH | 8.3% | 159.4% |
% w/ College Degree | 26.1% | 27.9% |
As of the latest ACS Survey released in 2023, Roselle, NJ is a predominantly black area, with 45.6% of the population identifying as black. The black population has shrunk by 14.1% in the last 5 years. The second most common race or ethnicity in Roselle, NJ is hispanic, making up 36.1% of the population. Foreign-born residents account for 31.9% of the population in Roselle, NJ, and this percentage has increased by 7.0% 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 | 14.0% | 10.2% |
% Black | 45.6% | -14.1% |
% Hispanic | 36.1% | 23.6% |
% Asian | 1.2% | -29.4% |
% Foreign Born | 31.9% | 7.0% |
Mortgage and Risk — Roselle, NJ
According to HUD data as of 2023, there were 277 mortgage originations in Roselle, NJ, of which 76.0% of loans were conventional mortgages. The average loan-to-value was 65.0%, with 30.0% above 90% LTV (very high). This implies large mortgage risk in Roselle, NJ. Investor activity is low, as 5.0% of loans were by investors. 20.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 277 |
% Conventional Loans | 76.0% |
% Government Loans | 24.0% |
% Investor Loans | 5.0% |
% Second Loans | 1.0% |
% Cash Out Refinance | 20.0% |
Loan Activity
Rentals and Section 8 — Roselle, NJ
As of 2024, the percent of homes in Roselle, NJ under the Section 8 program is 15.0%. 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 Roselle, 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 | 624 |
Total Units Section 8 | 615 |
% Rentals under Section 8 | 15.0% |
% Occupied Section 8 | 95.8% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | -$190 | $1,800 | $1,610 |
| 2 Bedroom | -$350 | $2,300 | $1,950 |
| 3 Bedroom | -$40 | $2,500 | $2,460 |
| 4 Bedroom | -$510 | $3,300 | $2,790 |
Affordability — Roselle, NJ
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 5 |
| Median Home Price | $508,000 |
| Median Household Income | $83,000 |