Bloomingdale, NJ—07403
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Bloomingdale, NJ
As of Oct '25, the median home price in Bloomingdale, NJ is $537,000, with a year-over-year change of 2.4%. This indicates that home prices in Bloomingdale, 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 | $537,000 | 2.4% |
| Single Family | $538,000 | 2.3% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $455,000 | 2.7% |
3 Bed | $548,000 | 3.4% |
4 Bed | $611,000 | 3.0% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Bloomingdale, NJ
As of July '25, Rentcast reports the average rent in Bloomingdale, NJ is $2,560, with a year-over-year rent change of -12.9%. Per bedroom, the median rent as of July '25 in Bloomingdale, NJ is 1-bedrooms: $2,080, 2-bedrooms: $2,200, 3-bedrooms: $3,120. The most common rental property sizes in Bloomingdale, NJ are 1-bedroom and 2-bedroom, accounting for 45.2% and 41.4% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $2,200 | $2,560 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $1,950 | $2,080 |
| 2 Bed Rent | $2,200 | $2,200 |
| 3 Bed Rent | $2,900 | $3,120 |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Bloomingdale, NJ
As of Oct '25, Realtor.com reports that the median days on market for a home in Bloomingdale, NJ is 26. This is a decrease of -20.0% from last year, suggesting that homes are sitting on the market shorter than last year. The percentage of listed homes with a reduced price is 20.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $502,000 | -13.0% |
Listing Count | 20 | 12.0% |
| Listings as % of Homes | 0.7% | 12.0% |
Days on Market | 26 | -20.0% |
Demographics — Bloomingdale, NJ
As of the latest ACS Survey released in 2023, Bloomingdale, NJ has a population of 7,640, which has decreased by -4.4% over the past 5 years. Bloomingdale, NJ is a moderately popular place for families, as children make up 18.3% of the population. The area has a moderately educated workforce, with 39.8% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 13.2% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 7,640 | -4.4% |
% Under 18 | 18.3% | -10.3% |
% Seniors | 15.4% | -4.3% |
% WFH | 13.2% | 193.3% |
% w/ College Degree | 39.8% | 5.9% |
As of the latest ACS Survey released in 2023, Bloomingdale, NJ is a predominantly white area, with 75.0% of the population identifying as white. The white population has grown by 0.4% in the last 5 years. The second most common race or ethnicity in Bloomingdale, NJ is hispanic, making up 19.2% of the population. Foreign-born residents account for 18.2% of the population in Bloomingdale, NJ, and this percentage has increased by 50.4% 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 | 75.0% | 0.4% |
% Black | 4.8% | 92.0% |
% Hispanic | 19.2% | 21.5% |
% Asian | 3.0% | -43.4% |
% Foreign Born | 18.2% | 50.4% |
Mortgage and Risk — Bloomingdale, NJ
According to HUD data as of 2023, there were 101 mortgage originations in Bloomingdale, NJ, of which 84.0% of loans were conventional mortgages. The average loan-to-value was 62.0%, with 31.0% above 90% LTV (very high). This implies large mortgage risk in Bloomingdale, NJ. Investor activity is low, as 0.0% of loans were by investors. 11.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 101 |
% Conventional Loans | 84.0% |
% Government Loans | 16.0% |
% Investor Loans | 0.0% |
% Second Loans | 1.0% |
% Cash Out Refinance | 11.0% |
Loan Activity
Rentals and Section 8 — Bloomingdale, NJ
Bloomingdale, NJ lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 21 |
Total Units Section 8 | 21 |
% Rentals under Section 8 | 2.3% |
% Occupied Section 8 | 100.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $130 | $1,950 | $2,080 |
| 2 Bedroom | $180 | $2,200 | $2,380 |
| 3 Bedroom | $30 | $2,900 | $2,930 |
| 4 Bedroom | N/A | N/A | $3,700 |
Affordability — Bloomingdale, NJ
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3.5 |
| Median Home Price | $537,000 |
| Median Household Income | $127,000 |