Hamburg, NJ—07419
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Hamburg, NJ
As of Oct '25, the median home price in Hamburg, NJ is $390,000, with a year-over-year change of 3.7%. This indicates that home prices in Hamburg, NJ are increasing. According to Zillow, the 1-year price projection is 1.5%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $390,000 | 3.7% |
| Single Family | $406,000 | 3.3% |
| Condos | $332,000 | 4.1% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | $227,000 | 3.7% |
2 Bed | $346,000 | 3.9% |
3 Bed | $429,000 | 4.9% |
4 Bed | $537,000 | 6.5% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Hamburg, NJ
As of July '25, Rentcast reports the average rent in Hamburg, NJ is $2,440, with a year-over-year rent change of -10.9%. Per bedroom, the median rent as of July '25 in Hamburg, NJ is 1-bedrooms: $1,620, 2-bedrooms: $2,260, 3-bedrooms: $3,250, 4-bedrooms: $3,800. The most common rental property sizes in Hamburg, NJ are 2-bedroom and 1-bedroom, accounting for 56.3% and 28.7% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $2,200 | $2,440 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $1,600 | $1,620 |
| 2 Bed Rent | $2,150 | $2,260 |
| 3 Bed Rent | $3,100 | $3,250 |
| 4 Bed Rent | $3,800 | $3,800 |
% of Rental Stock
Property Listings — Hamburg, NJ
As of Oct '25, Realtor.com reports that the median days on market for a home in Hamburg, NJ is 48. This is a decrease of -11.0% 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 9.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $445,000 | 2.0% |
Listing Count | 66 | 4.0% |
| Listings as % of Homes | 1.0% | 4.0% |
Days on Market | 48 | -11.0% |
Demographics — Hamburg, NJ
As of the latest ACS Survey released in 2023, Hamburg, NJ has a population of 10,100, which has increased by 14.5% over the past 5 years. Hamburg, NJ is a moderately popular place for families, as children make up 18.6% of the population. The area has a moderately educated workforce, with 38.6% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 19.8% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 10,100 | 14.5% |
% Under 18 | 18.6% | -12.3% |
% Seniors | 18.4% | 4.5% |
% WFH | 19.8% | 582.8% |
% w/ College Degree | 38.6% | 8.4% |
As of the latest ACS Survey released in 2023, Hamburg, NJ is a predominantly white area, with 71.1% of the population identifying as white. The white population has shrunk by 20.5% in the last 5 years. The second most common race or ethnicity in Hamburg, NJ is hispanic, making up 17.0% of the population. Foreign-born residents account for 14.3% of the population in Hamburg, NJ, and this percentage has increased by 50.5% 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 | 71.1% | -20.5% |
% Black | 6.7% | 109.4% |
% Hispanic | 17.0% | 254.2% |
% Asian | 2.3% | 21.1% |
% Foreign Born | 14.3% | 50.5% |
Mortgage and Risk — Hamburg, NJ
According to HUD data as of 2023, there were 241 mortgage originations in Hamburg, NJ, of which 82.0% of loans were conventional mortgages. The average loan-to-value was 61.0%, with 22.0% above 90% LTV (very high). This implies large mortgage risk in Hamburg, NJ. Investor activity is low, as 2.0% of loans were by investors. 10.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 241 |
% Conventional Loans | 82.0% |
% Government Loans | 18.0% |
% Investor Loans | 2.0% |
% Second Loans | 2.0% |
% Cash Out Refinance | 10.0% |
Loan Activity
Rentals and Section 8 — Hamburg, NJ
As of 2024, the percent of homes in Hamburg, NJ under the Section 8 program is 4.9%. 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 units appear to be good home sizes to consider for Section 8 housing in Hamburg, NJ, because HUD payments exceed market rent, while 3-bedroom and 4-bedroom units do not.
Section 8 Market Size
Total Units under HUD | 48 |
Total Units Section 8 | 48 |
% Rentals under Section 8 | 4.9% |
% Occupied Section 8 | 100.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $280 | $1,600 | $1,880 |
| 2 Bedroom | $130 | $2,150 | $2,280 |
| 3 Bedroom | -$230 | $3,100 | $2,870 |
| 4 Bedroom | -$530 | $3,800 | $3,270 |
Affordability — Hamburg, NJ
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 2.9 |
| Median Home Price | $390,000 |
| Median Household Income | $109,000 |