Hawthorne, NJ—07506
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Hawthorne, NJ
As of Oct '25, the median home price in Hawthorne, NJ is $618,000, with a year-over-year change of 3.8%. This indicates that home prices in Hawthorne, 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 | $618,000 | 3.8% |
| Single Family | $621,000 | 3.5% |
| Condos | $498,000 | 0.8% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $543,000 | 5.2% |
3 Bed | $612,000 | 4.3% |
4 Bed | $699,000 | 4.6% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Hawthorne, NJ
As of July '25, Rentcast reports the average rent in Hawthorne, NJ is $2,550, with a year-over-year rent change of 4.5%. Per bedroom, the median rent as of July '25 in Hawthorne, NJ is 1-bedrooms: $1,880, 2-bedrooms: $2,520, 3-bedrooms: $3,650, 4-bedrooms: $3,300. The most common rental property sizes in Hawthorne, NJ are 2-bedroom and 1-bedroom, accounting for 41.1% and 32.2% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $2,400 | $2,550 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $1,800 | $1,880 |
| 2 Bed Rent | $2,300 | $2,520 |
| 3 Bed Rent | $3,600 | $3,650 |
| 4 Bed Rent | $3,300 | $3,300 |
% of Rental Stock
Property Listings — Hawthorne, NJ
As of Oct '25, Realtor.com reports that the median days on market for a home in Hawthorne, NJ is 55. This is a increase of 24.0% 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 | $642,000 | 9.0% |
Listing Count | 26 | -4.0% |
| Listings as % of Homes | 0.4% | -4.0% |
Days on Market | 55 | 24.0% |
Demographics — Hawthorne, NJ
As of the latest ACS Survey released in 2023, Hawthorne, NJ has a population of 19,500, which has increased by 3.6% over the past 5 years. Hawthorne, NJ is a moderately popular place for families, as children make up 19.7% of the population. The area has a highly educated workforce, with 45.3% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 9.4% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 19,500 | 3.6% |
% Under 18 | 19.7% | -6.6% |
% Seniors | 19.2% | 23.9% |
% WFH | 9.4% | 235.7% |
% w/ College Degree | 45.3% | 23.1% |
As of the latest ACS Survey released in 2023, Hawthorne, NJ is a predominantly white area, with 69.1% of the population identifying as white. The white population has shrunk by 1.4% in the last 5 years. The second most common race or ethnicity in Hawthorne, NJ is hispanic, making up 23.9% of the population. Foreign-born residents account for 18.6% of the population in Hawthorne, NJ, and this percentage has increased by 19.2% 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 | 69.1% | -1.4% |
% Black | 3.4% | 0.0% |
% Hispanic | 23.9% | -1.2% |
% Asian | 1.3% | 18.2% |
% Foreign Born | 18.6% | 19.2% |
Mortgage and Risk — Hawthorne, NJ
According to HUD data as of 2023, there were 265 mortgage originations in Hawthorne, NJ, of which 77.0% of loans were conventional mortgages. The average loan-to-value was 58.0%, with 25.0% above 90% LTV (very high). This implies large mortgage risk in Hawthorne, NJ. Investor activity is low, as 2.0% of loans were by investors. 14.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 265 |
% Conventional Loans | 77.0% |
% Government Loans | 23.0% |
% Investor Loans | 2.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 14.0% |
Loan Activity
Rentals and Section 8 — Hawthorne, NJ
As of 2024, the percent of homes in Hawthorne, NJ under the Section 8 program is 3.8%. 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 units appear to be good home sizes to consider for Section 8 housing in Hawthorne, NJ, because HUD payments exceed market rent, while 2-bedroom and 3-bedroom and 4-bedroom units do not.
Section 8 Market Size
Total Units under HUD | 108 |
Total Units Section 8 | 96 |
% Rentals under Section 8 | 3.8% |
% Occupied Section 8 | 100.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $20 | $1,800 | $1,820 |
| 2 Bedroom | -$210 | $2,300 | $2,090 |
| 3 Bedroom | -$1,030 | $3,600 | $2,570 |
| 4 Bedroom | -$50 | $3,300 | $3,250 |
Affordability — Hawthorne, NJ
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 4.4 |
| Median Home Price | $618,000 |
| Median Household Income | $118,000 |