Roselle Park, NJ07204

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value
$537,000
1.8% YoY Growth
Median Household Income
$104,000
45.3% 5-Year Growth
Days on Market
25
11.0% Longer than last year
Home Price Forecast
1.3%
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

Property Listings — Roselle Park, NJ

As of Oct '25, Realtor.com reports that the median days on market for a home in Roselle Park, NJ is 25. This is a increase of 11.0% 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 21.0%, representing a small inventory and little supply pressure on home prices.

MetricZip Code AverageYear over Year % Change
Median Listing Price
$540,00010.0%
Listing Count
2826.0%
Listings as % of Homes0.2%26.0%
Days on Market
2511.0%
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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.

MetricLatest CensusYoY % Change
Population
14,0002.9%
% 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

MetricLatest Census5-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

MetricZip 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%

Loan Activity

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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 SizeHUD PremiumMarket RentMax 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

Affordability — Roselle Park, NJ

Home Price to Income Ratio

MetricZip Code Average
Home Price to Income Ratio4.4
Median Home Price$537,000
Median Household Income$104,000

Roselle Park, NJ — ZIP Code Boundary Map

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Frequently Asked Questions