South Hackensack, NJ—07606
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — South Hackensack, NJ
As of Oct '25, the median home price in South Hackensack, NJ is $684,000, with a year-over-year change of 2.9%. This indicates that home prices in South Hackensack, NJ are increasing. According to Zillow, the 1-year price projection is 1.4%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $684,000 | 2.9% |
| Single Family | $689,000 | 2.7% |
| Condos | N/A | N/A |
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 | N/A | N/A |
4 Bed | N/A | N/A |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — South Hackensack, NJ
As of July '25, Rentcast reports the average rent in South Hackensack, NJ is $2,660, with a year-over-year rent change of -8.9%. Per bedroom, the median rent as of July '25 in South Hackensack, NJ is 2-bedrooms: $2,260, 3-bedrooms: $3,720. The most common rental property sizes in South Hackensack, NJ are 3-bedroom and 2-bedroom, accounting for 54.3% and 32.7% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $2,300 | $2,660 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | $2,200 | $2,260 |
| 3 Bed Rent | $3,700 | $3,720 |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — South Hackensack, NJ
South Hackensack, NJ lacks sufficient listing trend data for analysis.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $799,000 | N/A |
Listing Count | 1 | N/A |
| Listings as % of Homes | 0.2% | N/A |
Days on Market | 27 | N/A |
Demographics — South Hackensack, NJ
As of the latest ACS Survey released in 2023, South Hackensack, NJ has a population of 2,770, which has increased by 7.4% over the past 5 years. South Hackensack, NJ is a moderately popular place for families, as children make up 17.6% of the population. The area has a moderately educated workforce, with 28.9% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 6.2% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 2,770 | 7.4% |
% Under 18 | 17.6% | -8.3% |
% Seniors | 18.8% | 27.0% |
% WFH | 6.2% | 588.9% |
% w/ College Degree | 28.9% | 49.7% |
As of the latest ACS Survey released in 2023, South Hackensack, NJ is a predominantly hispanic area, with 52.5% of the population identifying as hispanic. The hispanic population has shrunk by 0.2% in the last 5 years. The second most common race or ethnicity in South Hackensack, NJ is white, making up 37.5% of the population. Foreign-born residents account for 38.6% of the population in South Hackensack, NJ, and this percentage has increased by 0.5% 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 | 37.5% | -15.2% |
% Black | 2.4% | -14.3% |
% Hispanic | 52.5% | -0.2% |
% Asian | 7.0% | 366.7% |
% Foreign Born | 38.6% | 0.5% |
Mortgage and Risk — South Hackensack, NJ
According to HUD data as of 2023, there were 20 mortgage originations in South Hackensack, NJ, of which 65.0% of loans were conventional mortgages. The average loan-to-value was 57.0%, with 25.0% above 90% LTV (very high). This implies large mortgage risk in South Hackensack, NJ. Investor activity is low, as 5.0% of loans were by investors. 5.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 20 |
% Conventional Loans | 65.0% |
% Government Loans | 35.0% |
% Investor Loans | 5.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 5.0% |
Loan Activity
Rentals and Section 8 — South Hackensack, NJ
South Hackensack, NJ lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 49 |
Total Units Section 8 | 49 |
% Rentals under Section 8 | 10.4% |
% Occupied Section 8 | 95.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $1,940 |
| 2 Bedroom | $30 | $2,200 | $2,230 |
| 3 Bedroom | -$960 | $3,700 | $2,740 |
| 4 Bedroom | N/A | N/A | $3,470 |
Affordability — South Hackensack, NJ
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 6.9 |
| Median Home Price | $684,000 |
| Median Household Income | $82,800 |