Newfoundland, NJ—07435
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Newfoundland, NJ
As of Oct '25, the median home price in Newfoundland, NJ is $612,000, with a year-over-year change of 2.8%. This indicates that home prices in Newfoundland, 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 | $612,000 | 2.8% |
| Single Family | $614,000 | 2.8% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | N/A | N/A |
3 Bed | $591,000 | 3.5% |
4 Bed | $706,000 | 3.8% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Newfoundland, NJ
As of July '25, Rentcast reports the average rent in Newfoundland, NJ is $4,120, with a year-over-year rent change of 75.3%. Per bedroom, the median rent as of July '25 in Newfoundland, NJ is 4-bedrooms: $4,120. The most common rental property sizes in Newfoundland, NJ are 3-bedroom and 1-bedroom, accounting for 46.5% and 24.2% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $4,000 | $4,120 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | N/A | N/A |
| 3 Bed Rent | N/A | N/A |
| 4 Bed Rent | $4,000 | $4,120 |
% of Rental Stock
Property Listings — Newfoundland, NJ
As of Oct '25, Realtor.com reports that the median days on market for a home in Newfoundland, NJ is 71. This is a increase of 18.0% 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 | $623,000 | -13.0% |
Listing Count | 5 | -64.0% |
| Listings as % of Homes | 0.7% | -64.0% |
Days on Market | 71 | 18.0% |
Demographics — Newfoundland, NJ
As of the latest ACS Survey released in 2023, Newfoundland, NJ has a population of 2,430, which has decreased by -7.6% over the past 5 years. Newfoundland, NJ is a less popular place for families, as children make up 13.4% of the population. The area has a moderately educated workforce, with 38.3% of adult residents holding a bachelor’s degree or higher. There are many residents working remotely, with 26.9% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 2,430 | -7.6% |
% Under 18 | 13.4% | -40.2% |
% Seniors | 25.4% | 96.9% |
% WFH | 26.9% | 209.2% |
% w/ College Degree | 38.3% | -30.6% |
As of the latest ACS Survey released in 2023, Newfoundland, NJ is a predominantly white area, with 91.2% of the population identifying as white. The white population has grown by 3.9% in the last 5 years. The second most common race or ethnicity in Newfoundland, NJ is asian, making up 4.7% of the population. Foreign-born residents account for 6.3% of the population in Newfoundland, NJ, and this percentage has decreased by 4.5% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 91.2% | 3.9% |
% Black | 0.5% | ∞% |
% Hispanic | 2.7% | 12.5% |
% Asian | 4.7% | -16.1% |
% Foreign Born | 6.3% | -4.5% |
Mortgage and Risk — Newfoundland, NJ
Newfoundland, NJ lacks sufficient mortgage origination data for analysis.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | N/A |
% Conventional Loans | N/A |
% Government Loans | N/A |
% Investor Loans | N/A |
% Second Loans | N/A |
% Cash Out Refinance | N/A |
Loan Activity
No data available
Rentals and Section 8 — Newfoundland, NJ
Newfoundland, NJ lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 2 |
Total Units Section 8 | 2 |
% Rentals under Section 8 | 0.7% |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $1,900 |
| 2 Bedroom | N/A | N/A | $2,260 |
| 3 Bedroom | N/A | N/A | $2,830 |
| 4 Bedroom | -$690 | $4,000 | $3,310 |
Affordability — Newfoundland, NJ
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3.6 |
| Median Home Price | $612,000 |
| Median Household Income | $143,000 |