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North Haledon, NJ—07508

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value
$640,000
6.5% YoY Growth
Household Income
$94,600
22.1% YoY Growth
Days on Market
22
12.0% Shorter YoY
Home Price Forecast
1.1%
Median Rent
$2,550
1.9% YoY Growth
1-Bed Rent
$1,700
25.0% YoY Growth
2-Bed Rent
$2,300
2.2% YoY Growth
3-Bed Rent
$2,900
9.9% YoY Growth
  • Home Price Trends
  • Rental Trends
  • Property Listings
  • Demographics
  • Mortgage and Risk

Home Price Trends — North Haledon, NJ

As of May '26, the median home price in North Haledon, NJ is $640,000, with a year-over-year change of 6.5%. This indicates that home prices in North Haledon, NJ are increasing. According to Zillow, the 1-year price projection is 1.1%, suggesting an increase housing market in the next year.

Cost per Home Type

Home TypeMedian Home ValueYoY % Change
All Homes
$640,0006.5%
Single Family $643,0006.3%
Condos $538,0004.9%

Cost per Home Size

Home SizeMedian Home ValueYoY % Change
1 Bed
  • Affordability
  • Rentals and Section 8
    • N/A
    N/A
    2 Bed
    		$492,0003.6%
    3 Bed
    		$650,0006.9%
    4 Bed
    		$735,0007.0%
    5 Bed $892,7619.4%
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    % of Housing Stock

    Studio
    1.5%
    1 Bedroom
    10.6%
    2 Bedrooms
    31.7%
    3 Bedrooms
    38.3%
    4 Bedrooms
    13.1%
    5+ Bedrooms
    4.9%

    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.

    TypeMedian RentAverage 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
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    % of Rental Stock

    Studio
    3.3%
    1 Bedroom
    23.5%
    2 Bedrooms
    44.4%
    3 Bedrooms
    25.2%
    4 Bedrooms
    2.7%
    5+ Bedrooms
    1.0%

    Property Listings — North Haledon, NJ

    As of May '26, Realtor.com reports that the median days on market for a home in North Haledon, NJ is 22. This is a decrease of -12.0% 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 11.0%, representing a small inventory and little supply pressure on home prices.

    MetricZip Code AverageYear over Year % Change
    Median Listing Price
    		$630,000-7.0%
    Listing Count
    		35-5.0%
    Listings as % of Homes0.3%-5.0%
    Days on Market
    		22-12.0%
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    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.

    MetricLatest CensusYoY % Change
    Population
    		23,6004.3%
    % Under 18
    		21.9%-3.1%
    % Seniors
    		19.4%24.4%
    % WFH
    		9.2%240.7%
    % w/ College Degree
    		29.7%-2.9%
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    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

    MetricLatest Census5-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%
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    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

    MetricZip 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%
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    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 SizeHUD PremiumMarket RentMax 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

    MetricZip Code Average
    Home Price to Income Ratio5.3
    Median Home Price$640,000
    Median Household Income$94,600

    North Haledon, NJ — ZIP Code Boundary Map

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    Nearby ZIP Codes

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    07506

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    Frequently Asked Questions