Hillside, NJ 07205 - Home Prices, Rental Trends, Listings & Demographics | Prop:Metrics

Hillside, NJ—07205

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value

$507,000

2.6% YoY Growth

Household Income

$98,600

38.6% YoY Growth

Days on Market

25.0% Longer YoY

Home Price Forecast

1.7%

Median Rent

$2,450

1.5% YoY Growth

1-Bed Rent

$1,400

11.5% YoY Growth

2-Bed Rent

$2,100

4.9% YoY Growth

3-Bed Rent

$2,700

4.3% YoY Growth

Home Price Trends — Hillside, NJ

As of Dec '25, the median home price in Hillside, NJ is $507,000, with a year-over-year change of 2.6%. This indicates that home prices in Hillside, 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	$507,000	2.6%
Single Family	$509,000	1.8%
Condos	N/A	N/A

Cost per Home Size

Home Size	Median Home Value	YoY % Change
1 Bed

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

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% of Rental Stock

Studio

2.4%

1 Bedroom

18.3%

2 Bedrooms

39.0%

3 Bedrooms

35.0%

4 Bedrooms

4.4%

5+ Bedrooms

1.0%

Property Listings — Hillside, NJ

As of Dec '25, Realtor.com reports that the median days on market for a home in Hillside, NJ is 43. This is a increase of 60.0% 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 0.0%, representing a small inventory and little supply pressure on home prices.

Metric	Zip Code Average	Year over Year % Change
Median Listing Price	$500,000	5.0%
Listing Count	28	-20.0%
Listings as % of Homes	0.7%	-20.0%
Days on Market	40	25.0%

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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%

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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%

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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%

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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

Hillside, NJ—07205

Key Metrics at a Glance

Home Price Trends — Hillside, NJ

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Hillside, NJ

% of Rental Stock

Property Listings — Hillside, NJ

Demographics — Hillside, NJ

Race and Ethnicity

Mortgage and Risk — Hillside, NJ

Mortgages

Rentals and Section 8 — Hillside, NJ

Section 8 Market Size

Section 8 Opportunity

Affordability — Hillside, NJ

Home Price to Income Ratio

Hillside, NJ — ZIP Code Boundary Map

Nearby ZIP Codes

Elizabeth, NJ

Newark, NJ

Irvington, NJ

Newark, NJ

Union, NJ

Frequently Asked Questions

Metric	Zip Code Average
Home Price to Income Ratio	4.3
Median Home Price	$507,000
Median Household Income	$98,600

Hillside, NJ—07205

Key Metrics at a Glance

Home Price Trends — Hillside, NJ

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Hillside, NJ

% of Rental Stock

Property Listings — Hillside, NJ

Demographics — Hillside, NJ

Race and Ethnicity

Mortgage and Risk — Hillside, NJ

Mortgages

Rentals and Section 8 — Hillside, NJ

Section 8 Market Size

Section 8 Opportunity

Affordability — Hillside, NJ

Home Price to Income Ratio

Hillside, NJ — ZIP Code Boundary Map

Nearby ZIP Codes

Elizabeth, NJ

Newark, NJ

Irvington, NJ

Newark, NJ

Union, NJ

Frequently Asked Questions

What is the average home price in Hillside, NJ 07205?

How have home prices in Hillside, NJ 07205 changed over the past year?

What is the home price projection for Hillside, NJ 07205?

What are the demographics of Hillside, NJ 07205?

How long does it take homes to sell in Hillside, NJ 07205?

What is the average rent price in Hillside, NJ 07205?