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Cresskill, NJ—07626

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value
$1,037,000
3.9% YoY Growth
Household Income
$173,000
25.3% YoY Growth
Days on Market
27
41.0% Shorter YoY
Home Price Forecast
1.6%
Median Rent
$5,750
3.7% YoY Growth
1-Bed Rent
$1,800
N/A
2-Bed Rent
$3,150
7.5% YoY Growth
3-Bed Rent
$4,900
4.5% YoY Growth
  • Home Price Trends
  • Rental Trends
  • Property Listings
  • Demographics
  • Mortgage and Risk

Home Price Trends — Cresskill, NJ

As of May '26, the median home price in Cresskill, NJ is $1,037,000, with a year-over-year change of 3.9%. This indicates that home prices in Cresskill, NJ are increasing. According to Zillow, the 1-year price projection is 1.6%, suggesting an increase housing market in the next year.

Cost per Home Type

Home TypeMedian Home ValueYoY % Change
All Homes
$1,037,0003.9%
Single Family $1,072,0003.7%
Condos N/AN/A

Cost per Home Size

Home SizeMedian Home ValueYoY % Change
1 Bed
  • Affordability
  • Rentals and Section 8
    • N/A
    N/A
    2 Bed
    		N/AN/A
    3 Bed
    		$908,0003.7%
    4 Bed
    		$1,178,0004.3%
    5 Bed $2,067,0296.4%
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    % of Housing Stock

    Studio
    3.2%
    1 Bedroom
    7.7%
    2 Bedrooms
    9.2%
    3 Bedrooms
    33.8%
    4 Bedrooms
    36.1%
    5+ Bedrooms
    10.1%

    Rental Trends — Cresskill, NJ

    As of July '25, Rentcast reports the average rent in Cresskill, NJ is $5,540, with a year-over-year rent change of 3.7%. Per bedroom, the median rent as of July '25 in Cresskill, NJ is 1-bedrooms: $1,980, 2-bedrooms: $3,300, 3-bedrooms: $5,120, 4-bedrooms: $6,320. The most common rental property sizes in Cresskill, NJ are 3-bedroom and 1-bedroom, accounting for 27.6% and 21.4% of the rental stock.

    TypeMedian RentAverage Rent
    Average Rent$5,750$5,540
    Studio Rent N/AN/A
    1 Bed Rent $1,800$1,980
    2 Bed Rent $3,150$3,300
    3 Bed Rent $4,900$5,120
    4 Bed Rent $6,200$6,320
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    % of Rental Stock

    Studio
    13.4%
    1 Bedroom
    21.4%
    2 Bedrooms
    16.1%
    3 Bedrooms
    27.6%
    4 Bedrooms
    13.1%
    5+ Bedrooms
    8.4%

    Property Listings — Cresskill, NJ

    As of May '26, Realtor.com reports that the median days on market for a home in Cresskill, NJ is 27. This is a decrease of -41.0% 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
    		$2,150,00012.0%
    Listing Count
    		3841.0%
    Listings as % of Homes0.7%41.0%
    Days on Market
    		27-41.0%
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    Demographics — Cresskill, NJ

    As of the latest ACS Survey released in 2023, Cresskill, NJ has a population of 9,100, which has increased by 4.2% over the past 5 years. Cresskill, NJ is a moderately popular place for families, as children make up 24.9% of the population. The area has a highly educated workforce, with 58.5% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 17.4% reporting working from home.

    MetricLatest CensusYoY % Change
    Population
    		9,1004.2%
    % Under 18
    		24.9%-9.5%
    % Seniors
    		18.4%13.6%
    % WFH
    		17.4%112.2%
    % w/ College Degree
    		58.5%-7.7%
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    As of the latest ACS Survey released in 2023, Cresskill, NJ is a predominantly white area, with 59.1% of the population identifying as white. The white population has shrunk by 2.3% in the last 5 years. The second most common race or ethnicity in Cresskill, NJ is asian, making up 27.8% of the population. Foreign-born residents account for 43.0% of the population in Cresskill, NJ, and this percentage has increased by 23.2% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.

    Race and Ethnicity

    MetricLatest Census5-Year % Change
    % White
    		59.1%-2.3%
    % Black
    		0.6%50.0%
    % Hispanic
    		11.8%78.8%
    % Asian
    		27.8%-12.9%
    % Foreign Born
    		43.0%23.2%
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    Mortgage and Risk — Cresskill, NJ

    According to HUD data as of 2023, there were 108 mortgage originations in Cresskill, NJ, of which 97.0% of loans were conventional mortgages. The average loan-to-value was 53.0%, with 6.0% above 90% LTV (normal). This implies small mortgage risk in Cresskill, NJ. Investor activity is low, as 4.0% of loans were by investors. 5.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.

    Mortgages

    MetricZip Code Average
    Total Loan Originations
    		108
    % Conventional Loans
    		97.0%
    % Government Loans
    		3.0%
    % Investor Loans
    		4.0%
    % Second Loans
    		2.0%
    % Cash Out Refinance
    		5.0%
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    Rentals and Section 8 — Cresskill, NJ

    As of 2024, the percent of homes in Cresskill, NJ under the Section 8 program is 3.2%. 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. 1-bedroom units appear to be good home sizes to consider for Section 8 housing in Cresskill, 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
    		21
    Total Units Section 8
    		21
    % Rentals under Section 8
    		3.2%
    % Occupied Section 8
    		98.0%

    Section 8 Opportunity

    Home SizeHUD PremiumMarket RentMax HUD Rent
    1 Bedroom$910$1,800$2,710
    2 Bedroom-$40$3,150$3,110
    3 Bedroom-$1,070$4,900$3,830
    4 Bedroom-$1,360$6,200$4,840

    Affordability — Cresskill, NJ

    Home Price to Income Ratio

    MetricZip Code Average
    Home Price to Income Ratio5.1
    Median Home Price$1,037,000
    Median Household Income$173,000

    Cresskill, NJ — ZIP Code Boundary Map

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    Nearby ZIP Codes

    Demarest, NJ

    07627

    Tenafly, NJ

    07670

    Closter, NJ

    07624

    Dumont, NJ

    07628

    Bergenfield, NJ

    07621

    Frequently Asked Questions