North Haledon, NJ—07508
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — North Haledon, NJ
As of Oct '25, the median home price in North Haledon, NJ is $622,000, with a year-over-year change of 5.1%. This indicates that home prices in North Haledon, 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 | $622,000 | 5.1% |
| Single Family | $624,000 | 4.9% |
| Condos | $522,000 | 7.4% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $480,000 | 3.9% |
3 Bed | $631,000 | 7.1% |
4 Bed | $719,000 | 6.7% |
| 5 Bed | $872,000 | 7.5% |
% of Housing Stock
Rental Trends — North Haledon, NJ
As of July '25, Rentcast reports the average rent in North Haledon, NJ is $2,670, with a year-over-year rent change of 1.9%. Per bedroom, the median rent as of July '25 in North Haledon, NJ is studios: $1,750, 1-bedrooms: $2,150, 2-bedrooms: $2,350, 3-bedrooms: $3,230, 4-bedrooms: $3,570. The most common rental property sizes in North Haledon, NJ are 2-bedroom and 3-bedroom, accounting for 44.4% and 25.2% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $2,550 | $2,670 |
| Studio Rent | $1,500 | $1,750 |
| 1 Bed Rent | $1,700 | $2,150 |
| 2 Bed Rent | $2,300 | $2,350 |
| 3 Bed Rent | $2,900 | $3,230 |
| 4 Bed Rent | $3,700 | $3,570 |
% of Rental Stock
Property Listings — North Haledon, NJ
As of Oct '25, Realtor.com reports that the median days on market for a home in North Haledon, NJ is 53. 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 0.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $671,000 | 4.0% |
Listing Count | 28 | -8.0% |
| Listings as % of Homes | 0.3% | -8.0% |
Days on Market | 53 | 71.0% |
Demographics — North Haledon, NJ
As of the latest ACS Survey released in 2023, North Haledon, NJ has a population of 23,600, which has increased by 4.3% over the past 5 years. North Haledon, NJ is a moderately popular place for families, as children make up 21.9% of the population. The area has a moderately educated workforce, with 29.7% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 9.2% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 23,600 | 4.3% |
% Under 18 | 21.9% | -3.1% |
% Seniors | 19.4% | 24.4% |
% WFH | 9.2% | 240.7% |
% w/ College Degree | 29.7% | -2.9% |
As of the latest ACS Survey released in 2023, North Haledon, NJ is a predominantly hispanic area, with 45.3% of the population identifying as hispanic. The hispanic population has grown by 36.9% in the last 5 years. The second most common race or ethnicity in North Haledon, NJ is white, making up 38.3% of the population. Foreign-born residents account for 32.8% of the population in North Haledon, NJ, and this percentage has increased by 27.1% 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 | 38.3% | -24.5% |
% Black | 10.5% | -7.9% |
% Hispanic | 45.3% | 36.9% |
% Asian | 4.2% | 61.5% |
% Foreign Born | 32.8% | 27.1% |
Mortgage and Risk — North Haledon, NJ
According to HUD data as of 2023, there were 243 mortgage originations in North Haledon, NJ, of which 77.0% of loans were conventional mortgages. The average loan-to-value was 61.0%, with 24.0% above 90% LTV (very high). This implies large mortgage risk in North Haledon, NJ. Investor activity is low, as 5.0% of loans were by investors. 11.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 243 |
% Conventional Loans | 77.0% |
% Government Loans | 23.0% |
% Investor Loans | 5.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 11.0% |
Loan Activity
Rentals and Section 8 — North Haledon, NJ
As of 2024, the percent of homes in North Haledon, NJ under the Section 8 program is 13.7%. 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 North Haledon, 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 | 408 |
Total Units Section 8 | 403 |
% Rentals under Section 8 | 13.7% |
% Occupied Section 8 | 100.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $90 | $1,700 | $1,790 |
| 2 Bedroom | -$250 | $2,300 | $2,050 |
| 3 Bedroom | -$380 | $2,900 | $2,520 |
| 4 Bedroom | -$510 | $3,700 | $3,190 |
Affordability — North Haledon, NJ
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 5.4 |
| Median Home Price | $622,000 |
| Median Household Income | $94,600 |