Roselle Park, NJ 07204 - Home Prices, Rental Trends, Listings & Demographics | Prop:Metrics

Roselle Park, NJ—07204

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value

$533,000

1.3% YoY Growth

Household Income

$104,000

45.3% YoY Growth

Days on Market

32.0% Longer YoY

Home Price Forecast

1.7%

Median Rent

$2,600

7.5% YoY Growth

1-Bed Rent

$2,000

30.0% YoY Growth

2-Bed Rent

$2,600

2.7% YoY Growth

3-Bed Rent

$3,000

18.2% YoY Growth

Home Price Trends — Roselle Park, NJ

As of Dec '25, the median home price in Roselle Park, NJ is $533,000, with a year-over-year change of 1.3%. This indicates that home prices in Roselle Park, NJ are increasing. According to Zillow, the 1-year price projection is 1.7%, suggesting an increase housing market in the next year.

Cost per Home Type

Home Type	Median Home Value	YoY % Change
All Homes	$533,000	1.3%
Single Family	$537,000	0.9%
Condos	N/A	N/A

Cost per Home Size

Home Size	Median Home Value	YoY % Change
1 Bed

Rental Trends — Roselle Park, NJ

As of July '25, Rentcast reports the average rent in Roselle Park, NJ is $2,710, with a year-over-year rent change of 7.5%. Per bedroom, the median rent as of July '25 in Roselle Park, NJ is studios: $1,650, 1-bedrooms: $2,080, 2-bedrooms: $2,550, 3-bedrooms: $3,310, 4-bedrooms: $3,200. The most common rental property sizes in Roselle Park, NJ are 1-bedroom and 2-bedroom, accounting for 47.6% and 29.8% of the rental stock.

Type	Median Rent	Average Rent
Average Rent	$2,600	$2,710
Studio Rent	$1,650	$1,650
1 Bed Rent	$2,000	$2,080
2 Bed Rent	$2,600	$2,550
3 Bed Rent	$3,000	$3,310
4 Bed Rent	$3,200	$3,200

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% of Rental Stock

Studio

10.5%

1 Bedroom

47.6%

2 Bedrooms

29.8%

3 Bedrooms

9.7%

4 Bedrooms

0.5%

5+ Bedrooms

2.0%

Property Listings — Roselle Park, NJ

As of Dec '25, Realtor.com reports that the median days on market for a home in Roselle Park, NJ is 38. This is a increase of 23.0% 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 14.0%, representing a small inventory and little supply pressure on home prices.

Metric	Zip Code Average	Year over Year % Change
Median Listing Price	$516,000	9.0%
Listing Count	21	22.0%
Listings as % of Homes	0.2%	22.0%
Days on Market	60	32.0%

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Demographics — Roselle Park, NJ

As of the latest ACS Survey released in 2023, Roselle Park, NJ has a population of 14,000, which has increased by 2.9% over the past 5 years. Roselle Park, 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 39.0% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 9.6% reporting working from home.

Metric	Latest Census	YoY % Change
Population	14,000	2.9%
% Under 18	19.2%	-13.9%
% Seniors	15.3%	31.9%
% WFH	9.6%	123.3%
% w/ College Degree	39.0%	4.3%

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As of the latest ACS Survey released in 2023, Roselle Park, NJ is a predominantly white area, with 37.0% of the population identifying as white. The white population has shrunk by 23.9% in the last 5 years. The second most common race or ethnicity in Roselle Park, NJ is hispanic, making up 36.4% of the population. Foreign-born residents account for 37.9% of the population in Roselle Park, NJ, and this percentage has increased by 39.3% 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	37.0%	-23.9%
% Black	11.3%	48.7%
% Hispanic	36.4%	29.5%
% Asian	13.3%	56.5%
% Foreign Born	37.9%	39.3%

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Mortgage and Risk — Roselle Park, NJ

According to HUD data as of 2023, there were 176 mortgage originations in Roselle Park, NJ, of which 75.0% of loans were conventional mortgages. The average loan-to-value was 66.0%, with 30.0% above 90% LTV (very high). This implies large mortgage risk in Roselle Park, NJ. Investor activity is low, as 0.0% of loans were by investors. 17.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.

Mortgages

Metric	Zip Code Average
Total Loan Originations	176
% Conventional Loans	75.0%
% Government Loans	25.0%
% Investor Loans	0.0%
% Second Loans	0.0%
% Cash Out Refinance	17.0%

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Rentals and Section 8 — Roselle Park, NJ

As of 2024, the percent of homes in Roselle Park, NJ under the Section 8 program is 1.3%. 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 Park, 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	30
Total Units Section 8	29
% Rentals under Section 8	1.3%
% Occupied Section 8	92.0%

Section 8 Opportunity

Home Size	HUD Premium	Market Rent	Max HUD Rent
1 Bedroom	-$360	$2,000	$1,640
2 Bedroom	-$610	$2,600	$1,990
3 Bedroom	-$490	$3,000	$2,510
4 Bedroom	-$350	$3,200	$2,850

Roselle Park, NJ—07204

Key Metrics at a Glance

Home Price Trends — Roselle Park, NJ

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Roselle Park, NJ

% of Rental Stock

Property Listings — Roselle Park, NJ

Demographics — Roselle Park, NJ

Race and Ethnicity

Mortgage and Risk — Roselle Park, NJ

Mortgages

Rentals and Section 8 — Roselle Park, NJ

Section 8 Market Size

Section 8 Opportunity

Affordability — Roselle Park, NJ

Home Price to Income Ratio

Roselle Park, NJ — ZIP Code Boundary Map

Nearby ZIP Codes

Roselle, NJ

Kenilworth, NJ

Union, NJ

Cranford, NJ

Elizabeth, NJ

Frequently Asked Questions

Metric	Zip Code Average
Home Price to Income Ratio	4.3
Median Home Price	$533,000
Median Household Income	$104,000

Roselle Park, NJ—07204

Key Metrics at a Glance

Home Price Trends — Roselle Park, NJ

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Roselle Park, NJ

% of Rental Stock

Property Listings — Roselle Park, NJ

Demographics — Roselle Park, NJ

Race and Ethnicity

Mortgage and Risk — Roselle Park, NJ

Mortgages

Rentals and Section 8 — Roselle Park, NJ

Section 8 Market Size

Section 8 Opportunity

Affordability — Roselle Park, NJ

Home Price to Income Ratio

Roselle Park, NJ — ZIP Code Boundary Map

Nearby ZIP Codes

Roselle, NJ

Kenilworth, NJ

Union, NJ

Cranford, NJ

Elizabeth, NJ

Frequently Asked Questions

What is the average home price in Roselle Park, NJ 07204?

How have home prices in Roselle Park, NJ 07204 changed over the past year?

What is the home price projection for Roselle Park, NJ 07204?

What are the demographics of Roselle Park, NJ 07204?

How long does it take homes to sell in Roselle Park, NJ 07204?

What is the average rent price in Roselle Park, NJ 07204?