Waldwick, NJ—07463
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Waldwick, NJ
As of Oct '25, the median home price in Waldwick, NJ is $712,000, with a year-over-year change of 6.5%. This indicates that home prices in Waldwick, NJ are increasing. According to Zillow, the 1-year price projection is 1.6%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $712,000 | 6.5% |
| Single Family | $720,000 | 5.9% |
| Condos | $522,000 | 11.5% |
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 | $714,000 | 6.7% |
4 Bed | $783,000 | 7.1% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Waldwick, NJ
As of July '25, Rentcast reports the average rent in Waldwick, NJ is $3,550, with a year-over-year rent change of 10.6%. Per bedroom, the median rent as of July '25 in Waldwick, NJ is studios: $2,500, 2-bedrooms: $2,500, 3-bedrooms: $3,670, 4-bedrooms: $4,900. The most common rental property sizes in Waldwick, NJ are 3-bedroom and 1-bedroom, accounting for 51.8% and 21.9% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $3,500 | $3,550 |
| Studio Rent | $2,500 | $2,500 |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | $2,500 | $2,500 |
| 3 Bed Rent | $3,500 | $3,670 |
| 4 Bed Rent | $4,900 | $4,900 |
% of Rental Stock
Property Listings — Waldwick, NJ
As of Oct '25, Realtor.com reports that the median days on market for a home in Waldwick, NJ is 62. This is a increase of 71.0% 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 12.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $630,000 | 3.0% |
Listing Count | 16 | 84.0% |
| Listings as % of Homes | 0.2% | 84.0% |
Days on Market | 62 | 71.0% |
Demographics — Waldwick, NJ
As of the latest ACS Survey released in 2023, Waldwick, NJ has a population of 10,100, which has increased by 1.4% over the past 5 years. Waldwick, NJ is a moderately popular place for families, as children make up 24.8% of the population. The area has a highly educated workforce, with 57.1% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 18.0% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 10,100 | 1.4% |
% Under 18 | 24.8% | 1.2% |
% Seniors | 17.9% | 4.1% |
% WFH | 18.0% | 309.1% |
% w/ College Degree | 57.1% | 8.8% |
As of the latest ACS Survey released in 2023, Waldwick, NJ is a predominantly white area, with 72.9% of the population identifying as white. The white population has shrunk by 8.5% in the last 5 years. The second most common race or ethnicity in Waldwick, NJ is hispanic, making up 17.0% of the population. Foreign-born residents account for 16.7% of the population in Waldwick, NJ, and this percentage has increased by 25.6% 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 | 72.9% | -8.5% |
% Black | 0.9% | -35.7% |
% Hispanic | 17.0% | 68.3% |
% Asian | 7.5% | 4.2% |
% Foreign Born | 16.7% | 25.6% |
Mortgage and Risk — Waldwick, NJ
According to HUD data as of 2023, there were 173 mortgage originations in Waldwick, NJ, of which 94.0% of loans were conventional mortgages. The average loan-to-value was 52.0%, with 13.0% above 90% LTV (elevated). This implies medium mortgage risk in Waldwick, NJ. Investor activity is low, as 1.0% 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 | 173 |
% Conventional Loans | 94.0% |
% Government Loans | 6.0% |
% Investor Loans | 1.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 10.0% |
Loan Activity
Rentals and Section 8 — Waldwick, NJ
Waldwick, NJ lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 15 |
Total Units Section 8 | 15 |
% Rentals under Section 8 | 3.4% |
% Occupied Section 8 | 97.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $2,060 |
| 2 Bedroom | -$140 | $2,500 | $2,360 |
| 3 Bedroom | -$600 | $3,500 | $2,900 |
| 4 Bedroom | -$1,230 | $4,900 | $3,670 |
Affordability — Waldwick, NJ
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3.8 |
| Median Home Price | $712,000 |
| Median Household Income | $156,000 |