Pompton Lakes, NJ—07442
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Pompton Lakes, NJ
As of Oct '25, the median home price in Pompton Lakes, NJ is $544,000, with a year-over-year change of 3.0%. This indicates that home prices in Pompton Lakes, 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 | $544,000 | 3.0% |
| Single Family | $553,000 | 2.8% |
| Condos | $316,000 | 2.6% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | $273,000 | 4.2% |
2 Bed | $447,000 | 3.7% |
3 Bed | $559,000 | 3.5% |
4 Bed | $607,000 | 3.8% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Pompton Lakes, NJ
As of July '25, Rentcast reports the average rent in Pompton Lakes, NJ is $2,760, with a year-over-year rent change of 5.3%. Per bedroom, the median rent as of July '25 in Pompton Lakes, NJ is 1-bedrooms: $2,000, 2-bedrooms: $2,750, 3-bedrooms: $3,760, 4-bedrooms: $4,620. The most common rental property sizes in Pompton Lakes, NJ are 2-bedroom and 3-bedroom, accounting for 51.3% and 22.2% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $2,350 | $2,760 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $2,000 | $2,000 |
| 2 Bed Rent | $2,700 | $2,750 |
| 3 Bed Rent | $3,850 | $3,760 |
| 4 Bed Rent | $4,250 | $4,620 |
% of Rental Stock
Property Listings — Pompton Lakes, NJ
As of Oct '25, Realtor.com reports that the median days on market for a home in Pompton Lakes, NJ is 22. 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 0.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $512,000 | 5.0% |
Listing Count | 25 | -13.0% |
| Listings as % of Homes | 0.6% | -13.0% |
Days on Market | 22 | -11.0% |
Demographics — Pompton Lakes, NJ
As of the latest ACS Survey released in 2023, Pompton Lakes, NJ has a population of 11,000, which has remained stable by -0.4% over the past 5 years. Pompton Lakes, NJ is a moderately popular place for families, as children make up 22.8% of the population. The area has a moderately educated workforce, with 41.4% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 9.8% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 11,000 | -0.4% |
% Under 18 | 22.8% | 15.2% |
% Seniors | 15.0% | 13.6% |
% WFH | 9.8% | 172.2% |
% w/ College Degree | 41.4% | 13.4% |
As of the latest ACS Survey released in 2023, Pompton Lakes, NJ is a predominantly white area, with 70.9% of the population identifying as white. The white population has grown by 0.6% in the last 5 years. The second most common race or ethnicity in Pompton Lakes, NJ is hispanic, making up 18.9% of the population. Foreign-born residents account for 15.1% of the population in Pompton Lakes, NJ, and this percentage has decreased by 32.0% 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 | 70.9% | 0.6% |
% Black | 0.8% | -50.0% |
% Hispanic | 18.9% | 0.5% |
% Asian | 6.3% | 3.3% |
% Foreign Born | 15.1% | -32.0% |
Mortgage and Risk — Pompton Lakes, NJ
According to HUD data as of 2023, there were 207 mortgage originations in Pompton Lakes, NJ, of which 86.0% of loans were conventional mortgages. The average loan-to-value was 59.0%, with 22.0% above 90% LTV (very high). This implies large mortgage risk in Pompton Lakes, NJ. Investor activity is low, as 1.0% of loans were by investors. 15.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 207 |
% Conventional Loans | 86.0% |
% Government Loans | 14.0% |
% Investor Loans | 1.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 15.0% |
Loan Activity
Rentals and Section 8 — Pompton Lakes, NJ
As of 2024, the percent of homes in Pompton Lakes, NJ under the Section 8 program is 14.9%. 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. In Pompton Lakes, NJ, none of the tracked home sizes currently have HUD payment amounts above market rent, suggesting limited Section 8 opportunity.
Section 8 Market Size
Total Units under HUD | 127 |
Total Units Section 8 | 127 |
% Rentals under Section 8 | 14.9% |
% Occupied Section 8 | 99.2% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | -$190 | $2,000 | $1,810 |
| 2 Bedroom | -$620 | $2,700 | $2,080 |
| 3 Bedroom | -$1,290 | $3,850 | $2,560 |
| 4 Bedroom | -$1,010 | $4,250 | $3,240 |
Affordability — Pompton Lakes, NJ
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3.7 |
| Median Home Price | $544,000 |
| Median Household Income | $119,000 |