Maywood, NJ—07607
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Maywood, NJ
As of Oct '25, the median home price in Maywood, NJ is $659,000, with a year-over-year change of 4.7%. This indicates that home prices in Maywood, 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 | $659,000 | 4.7% |
| Single Family | $659,000 | 4.4% |
| 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 | $664,000 | 3.8% |
4 Bed | $714,000 | 3.8% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Maywood, NJ
As of July '25, Rentcast reports the average rent in Maywood, NJ is $2,790, with a year-over-year rent change of 4.5%. Per bedroom, the median rent as of July '25 in Maywood, NJ is 1-bedrooms: $2,020, 2-bedrooms: $2,520, 3-bedrooms: $3,830, 4-bedrooms: $3,300. The most common rental property sizes in Maywood, NJ are 1-bedroom and 2-bedroom, accounting for 41.5% and 36.9% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $2,500 | $2,790 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $2,000 | $2,020 |
| 2 Bed Rent | $2,500 | $2,520 |
| 3 Bed Rent | $3,850 | $3,830 |
| 4 Bed Rent | $3,300 | $3,300 |
% of Rental Stock
Property Listings — Maywood, NJ
As of Oct '25, Realtor.com reports that the median days on market for a home in Maywood, NJ is 36. This is a increase of 13.0% 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 | $686,000 | -2.0% |
Listing Count | 5 | 12.0% |
| Listings as % of Homes | 0.2% | 12.0% |
Days on Market | 36 | 13.0% |
Demographics — Maywood, NJ
As of the latest ACS Survey released in 2023, Maywood, NJ has a population of 10,000, which has increased by 4.0% over the past 5 years. Maywood, NJ is a moderately popular place for families, as children make up 17.8% of the population. The area has a moderately educated workforce, with 43.5% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 12.6% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 10,000 | 4.0% |
% Under 18 | 17.8% | -10.6% |
% Seniors | 21.2% | 17.8% |
% WFH | 12.6% | 281.8% |
% w/ College Degree | 43.5% | 18.2% |
As of the latest ACS Survey released in 2023, Maywood, NJ is a predominantly white area, with 48.8% of the population identifying as white. The white population has shrunk by 13.5% in the last 5 years. The second most common race or ethnicity in Maywood, NJ is hispanic, making up 26.2% of the population. Foreign-born residents account for 25.6% of the population in Maywood, NJ, and this percentage has decreased by 5.5% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 48.8% | -13.5% |
% Black | 6.6% | 57.1% |
% Hispanic | 26.2% | 13.9% |
% Asian | 17.5% | 19.9% |
% Foreign Born | 25.6% | -5.5% |
Mortgage and Risk — Maywood, NJ
According to HUD data as of 2023, there were 121 mortgage originations in Maywood, NJ, of which 83.0% of loans were conventional mortgages. The average loan-to-value was 59.0%, with 22.0% above 90% LTV (very high). This implies large mortgage risk in Maywood, NJ. Investor activity is low, as 1.0% of loans were by investors. 12.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 121 |
% Conventional Loans | 83.0% |
% Government Loans | 17.0% |
% Investor Loans | 1.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 12.0% |
Loan Activity
Rentals and Section 8 — Maywood, NJ
As of 2024, the percent of homes in Maywood, NJ under the Section 8 program is 15.9%. This is considered high, suggesting that the neighborhood is heavily composed of Section 8 homes. Section 8 opportunity is good when HUD pays more than market rent. 1-bedroom and 4-bedroom units appear to be good home sizes to consider for Section 8 housing in Maywood, NJ, because HUD payments exceed market rent, while 2-bedroom and 3-bedroom units do not.
Section 8 Market Size
Total Units under HUD | 208 |
Total Units Section 8 | 202 |
% Rentals under Section 8 | 15.9% |
% Occupied Section 8 | 98.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $100 | $2,000 | $2,100 |
| 2 Bedroom | -$90 | $2,500 | $2,410 |
| 3 Bedroom | -$880 | $3,850 | $2,970 |
| 4 Bedroom | $450 | $3,300 | $3,750 |
Affordability — Maywood, NJ
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 4.7 |
| Median Home Price | $659,000 |
| Median Household Income | $119,000 |