Upper Saddle River, NJ—07458
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Upper Saddle River, NJ
As of Oct '25, the median home price in Upper Saddle River, NJ is $1,520,000, with a year-over-year change of 5.3%. This indicates that home prices in Upper Saddle River, NJ are increasing. According to Zillow, the 1-year price projection is 1.9%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $1,520,000 | 5.3% |
| Single Family | $1,558,000 | 5.6% |
| Condos | $880,000 | 10.4% |
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 | $1,173,000 | 11.1% |
4 Bed | $1,405,000 | 6.6% |
| 5 Bed | $2,242,000 | 8.3% |
% of Housing Stock
Rental Trends — Upper Saddle River, NJ
As of July '25, Rentcast reports the average rent in Upper Saddle River, NJ is $5,440, with a year-over-year rent change of -7.5%. Per bedroom, the median rent as of July '25 in Upper Saddle River, NJ is 1-bedrooms: $662, 2-bedrooms: $3,080, 3-bedrooms: $6,200, 4-bedrooms: $5,850. The most common rental property sizes in Upper Saddle River, NJ are 2-bedroom and 3-bedroom, accounting for 27.6% and 26.5% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $5,000 | $5,440 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $662 | $662 |
| 2 Bed Rent | $2,500 | $3,080 |
| 3 Bed Rent | $5,300 | $6,200 |
| 4 Bed Rent | $5,200 | $5,850 |
% of Rental Stock
Property Listings — Upper Saddle River, NJ
As of Oct '25, Realtor.com reports that the median days on market for a home in Upper Saddle River, NJ is 53. This is a increase of 25.0% 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 13.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $2,820,000 | 18.0% |
Listing Count | 62 | 1.0% |
| Listings as % of Homes | 1.4% | 1.0% |
Days on Market | 53 | 25.0% |
Demographics — Upper Saddle River, NJ
As of the latest ACS Survey released in 2023, Upper Saddle River, NJ has a population of 11,700, which has increased by 1.9% over the past 5 years. Upper Saddle River, NJ is a moderately popular place for families, as children make up 22.7% of the population. The area has a highly educated workforce, with 75.0% of adult residents holding a bachelor’s degree or higher. There are many residents working remotely, with 29.5% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 11,700 | 1.9% |
% Under 18 | 22.7% | -12.7% |
% Seniors | 17.0% | -8.1% |
% WFH | 29.5% | 231.5% |
% w/ College Degree | 75.0% | 18.1% |
As of the latest ACS Survey released in 2023, Upper Saddle River, NJ is a predominantly white area, with 72.6% of the population identifying as white. The white population has grown by 9.2% in the last 5 years. The second most common race or ethnicity in Upper Saddle River, NJ is asian, making up 15.3% of the population. Foreign-born residents account for 19.7% of the population in Upper Saddle River, NJ, and this percentage has decreased by 6.2% 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 | 72.6% | 9.2% |
% Black | 2.6% | -36.6% |
% Hispanic | 5.7% | -45.7% |
% Asian | 15.3% | 0.0% |
% Foreign Born | 19.7% | -6.2% |
Mortgage and Risk — Upper Saddle River, NJ
According to HUD data as of 2023, there were 234 mortgage originations in Upper Saddle River, NJ, of which 98.0% of loans were conventional mortgages. The average loan-to-value was 50.0%, with 3.0% above 90% LTV (normal). This implies small mortgage risk in Upper Saddle River, NJ. Investor activity is low, as 1.0% of loans were by investors. 8.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 234 |
% Conventional Loans | 98.0% |
% Government Loans | 2.0% |
% Investor Loans | 1.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 8.0% |
Loan Activity
Rentals and Section 8 — Upper Saddle River, NJ
As of 2024, the percent of homes in Upper Saddle River, NJ under the Section 8 program is 18.9%. This is considered high, suggesting that the neighborhood is heavily 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 Upper Saddle River, NJ, because HUD payments exceed market rent, while 3-bedroom and 4-bedroom units do not.
Section 8 Market Size
Total Units under HUD | 81 |
Total Units Section 8 | 81 |
% Rentals under Section 8 | 18.9% |
% Occupied Section 8 | 95.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $2,048 | $662 | $2,710 |
| 2 Bedroom | $610 | $2,500 | $3,110 |
| 3 Bedroom | -$1,470 | $5,300 | $3,830 |
| 4 Bedroom | -$360 | $5,200 | $4,840 |
Affordability — Upper Saddle River, NJ
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 5.4 |
| Median Home Price | $1,520,000 |
| Median Household Income | $244,000 |