Bergenfield, NJ—07621
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Bergenfield, NJ
As of Oct '25, the median home price in Bergenfield, NJ is $612,000, with a year-over-year change of 2.6%. This indicates that home prices in Bergenfield, NJ are increasing. According to Zillow, the 1-year price projection is 1.0%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $612,000 | 2.6% |
| Single Family | $616,000 | 2.3% |
| Condos | $369,000 | -4.9% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $511,000 | 1.8% |
3 Bed | $614,000 | 3.0% |
4 Bed | $682,000 | 3.6% |
| 5 Bed | $1,080,000 | 3.7% |
% of Housing Stock
Rental Trends — Bergenfield, NJ
As of July '25, Rentcast reports the average rent in Bergenfield, NJ is $3,110, with a year-over-year rent change of 13.9%. Per bedroom, the median rent as of July '25 in Bergenfield, NJ is studios: $862, 1-bedrooms: $2,100, 2-bedrooms: $2,460, 3-bedrooms: $3,540, 4-bedrooms: $4,500. The most common rental property sizes in Bergenfield, NJ are 1-bedroom and 2-bedroom, accounting for 44.3% and 25.3% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $2,800 | $3,110 |
| Studio Rent | $250 | $862 |
| 1 Bed Rent | $2,100 | $2,100 |
| 2 Bed Rent | $2,300 | $2,460 |
| 3 Bed Rent | $3,500 | $3,540 |
| 4 Bed Rent | $4,500 | $4,500 |
% of Rental Stock
Property Listings — Bergenfield, NJ
As of Oct '25, Realtor.com reports that the median days on market for a home in Bergenfield, NJ is 38. This is a increase of 31.0% 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 7.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $688,000 | 10.0% |
Listing Count | 28 | 91.0% |
| Listings as % of Homes | 0.2% | 91.0% |
Days on Market | 38 | 31.0% |
Demographics — Bergenfield, NJ
As of the latest ACS Survey released in 2023, Bergenfield, NJ has a population of 28,300, which has increased by 3.3% over the past 5 years. Bergenfield, NJ is a moderately popular place for families, as children make up 20.6% of the population. The area has a highly educated workforce, with 47.7% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 7.8% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 28,300 | 3.3% |
% Under 18 | 20.6% | -6.8% |
% Seniors | 16.8% | 12.8% |
% WFH | 7.8% | 122.9% |
% w/ College Degree | 47.7% | 12.0% |
As of the latest ACS Survey released in 2023, Bergenfield, NJ is a predominantly white area, with 33.0% of the population identifying as white. The white population has shrunk by 9.3% in the last 5 years. The second most common race or ethnicity in Bergenfield, NJ is hispanic, making up 30.2% of the population. Foreign-born residents account for 38.5% of the population in Bergenfield, NJ, and this percentage has decreased by 2.0% 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 | 33.0% | -9.3% |
% Black | 9.2% | 33.3% |
% Hispanic | 30.2% | 5.2% |
% Asian | 26.6% | -2.2% |
% Foreign Born | 38.5% | -2.0% |
Mortgage and Risk — Bergenfield, NJ
According to HUD data as of 2023, there were 293 mortgage originations in Bergenfield, NJ, of which 84.0% of loans were conventional mortgages. The average loan-to-value was 51.0%, with 16.0% above 90% LTV (elevated). This implies medium mortgage risk in Bergenfield, NJ. Investor activity is low, as 1.0% of loans were by investors. 16.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 293 |
% Conventional Loans | 84.0% |
% Government Loans | 16.0% |
% Investor Loans | 1.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 16.0% |
Loan Activity
Rentals and Section 8 — Bergenfield, NJ
As of 2024, the percent of homes in Bergenfield, NJ under the Section 8 program is 11.2%. 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. In Bergenfield, NJ, none of the tracked home sizes currently have HUD payment amounts above market rent, suggesting limited Section 8 opportunity.
Section 8 Market Size
Total Units under HUD | 302 |
Total Units Section 8 | 300 |
% Rentals under Section 8 | 11.2% |
% Occupied Section 8 | 95.1% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | -$330 | $2,100 | $1,770 |
| 2 Bedroom | -$270 | $2,300 | $2,030 |
| 3 Bedroom | -$1,000 | $3,500 | $2,500 |
| 4 Bedroom | -$1,340 | $4,500 | $3,160 |
Affordability — Bergenfield, NJ
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 4.1 |
| Median Home Price | $612,000 |
| Median Household Income | $124,000 |