Hillside, NJ—07205
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Hillside, NJ
As of Oct '25, the median home price in Hillside, NJ is $512,000, with a year-over-year change of 3.2%. This indicates that home prices in Hillside, 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 | $512,000 | 3.3% |
| Single Family | $513,000 | 2.6% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $415,000 | 1.2% |
3 Bed | $511,000 | 3.0% |
4 Bed | $552,000 | 1.3% |
| 5 Bed | $653,000 | 0.6% |
% of Housing Stock
Rental Trends — Hillside, NJ
As of July '25, Rentcast reports the average rent in Hillside, NJ is $2,580, with a year-over-year rent change of -1.5%. Per bedroom, the median rent as of July '25 in Hillside, NJ is studios: $1,200, 1-bedrooms: $1,460, 2-bedrooms: $2,130, 3-bedrooms: $2,940, 4-bedrooms: $3,740. The most common rental property sizes in Hillside, NJ are 2-bedroom and 3-bedroom, accounting for 39.0% and 35.0% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $2,450 | $2,580 |
| Studio Rent | $1,200 | $1,200 |
| 1 Bed Rent | $1,400 | $1,460 |
| 2 Bed Rent | $2,100 | $2,130 |
| 3 Bed Rent | $2,700 | $2,940 |
| 4 Bed Rent | $3,800 | $3,740 |
% of Rental Stock
Property Listings — Hillside, NJ
As of Oct '25, Realtor.com reports that the median days on market for a home in Hillside, NJ is 54. This is a increase of 46.0% 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 6.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $495,000 | 11.0% |
Listing Count | 34 | -18.0% |
| Listings as % of Homes | 0.7% | -18.0% |
Days on Market | 54 | 46.0% |
Demographics — Hillside, NJ
As of the latest ACS Survey released in 2023, Hillside, NJ has a population of 22,200, which has increased by 1.3% over the past 5 years. Hillside, NJ is a moderately popular place for families, as children make up 23.3% of the population. The area has a moderately educated workforce, with 28.9% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 7.9% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 22,200 | 1.3% |
% Under 18 | 23.3% | 8.9% |
% Seniors | 13.8% | 8.7% |
% WFH | 7.9% | 259.1% |
% w/ College Degree | 28.9% | 21.4% |
As of the latest ACS Survey released in 2023, Hillside, NJ is a predominantly black area, with 51.8% of the population identifying as black. The black population has shrunk by 3.5% in the last 5 years. The second most common race or ethnicity in Hillside, NJ is hispanic, making up 25.9% of the population. Foreign-born residents account for 36.9% of the population in Hillside, NJ, and this percentage has increased by 25.5% 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 | 15.8% | -18.6% |
% Black | 51.8% | -3.5% |
% Hispanic | 25.9% | 35.6% |
% Asian | 1.9% | -40.6% |
% Foreign Born | 36.9% | 25.5% |
Mortgage and Risk — Hillside, NJ
According to HUD data as of 2023, there were 272 mortgage originations in Hillside, NJ, of which 61.0% of loans were conventional mortgages. The average loan-to-value was 71.0%, with 45.0% above 90% LTV (very high). This implies large mortgage risk in Hillside, NJ. Investor activity is low, as 1.0% of loans were by investors. 16.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 272 |
% Conventional Loans | 61.0% |
% Government Loans | 39.0% |
% Investor Loans | 1.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 16.0% |
Loan Activity
Rentals and Section 8 — Hillside, NJ
As of 2024, the percent of homes in Hillside, NJ under the Section 8 program is 3.8%. 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. 1-bedroom and 2-bedroom and 3-bedroom units appear to be good home sizes to consider for Section 8 housing in Hillside, NJ, because HUD payments exceed market rent, while 4-bedroom units do not.
Section 8 Market Size
Total Units under HUD | 82 |
Total Units Section 8 | 82 |
% Rentals under Section 8 | 3.8% |
% Occupied Section 8 | 96.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $400 | $1,400 | $1,800 |
| 2 Bedroom | $80 | $2,100 | $2,180 |
| 3 Bedroom | $50 | $2,700 | $2,750 |
| 4 Bedroom | -$680 | $3,800 | $3,120 |
Affordability — Hillside, NJ
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 4.4 |
| Median Home Price | $512,000 |
| Median Household Income | $98,600 |