Dumont, NJ 07628 - Home Prices, Rental Trends, Listings & Demographics | Prop:Metrics

Dumont, NJ—07628

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value

$637,000

4.0% YoY Growth

Household Income

$126,000

30.8% YoY Growth

Days on Market

2.0% Shorter YoY

Home Price Forecast

2.6%

Median Rent

$2,250

3.9% YoY Growth

1-Bed Rent

$1,800

1.6% YoY Growth

2-Bed Rent

$2,250

14.1% YoY Growth

3-Bed Rent

$3,400

3.6% YoY Growth

Home Price Trends — Dumont, NJ

As of Dec '25, the median home price in Dumont, NJ is $637,000, with a year-over-year change of 4.0%. This indicates that home prices in Dumont, NJ are increasing. According to Zillow, the 1-year price projection is 2.6%, suggesting an increase housing market in the next year.

Cost per Home Type

Home Type	Median Home Value	YoY % Change
All Homes	$637,000	4.0%
Single Family	$638,000	4.8%
Condos	N/A	N/A

Cost per Home Size

Home Size	Median Home Value	YoY % Change
1 Bed

Rental Trends — Dumont, NJ

As of July '25, Rentcast reports the average rent in Dumont, NJ is $2,670, with a year-over-year rent change of 3.9%. Per bedroom, the median rent as of July '25 in Dumont, NJ is studios: $1,750, 1-bedrooms: $1,910, 2-bedrooms: $2,320, 3-bedrooms: $3,490, 4-bedrooms: $4,430. The most common rental property sizes in Dumont, NJ are 1-bedroom and 2-bedroom, accounting for 52.5% and 26.2% of the rental stock.

Type	Median Rent	Average Rent
Average Rent	$2,250	$2,670
Studio Rent	$1,750	$1,750
1 Bed Rent	$1,800	$1,910
2 Bed Rent	$2,250	$2,320
3 Bed Rent	$3,400	$3,490
4 Bed Rent	$4,400	$4,430

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% of Rental Stock

Studio

0.9%

1 Bedroom

52.5%

2 Bedrooms

26.2%

3 Bedrooms

14.8%

4 Bedrooms

2.4%

5+ Bedrooms

3.2%

Property Listings — Dumont, NJ

As of Dec '25, Realtor.com reports that the median days on market for a home in Dumont, NJ is 25. This is a increase of 23.0% 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	$639,000	2.0%
Listing Count	10	-25.0%
Listings as % of Homes	0.2%	-25.0%
Days on Market	32	-2.0%

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Demographics — Dumont, NJ

As of the latest ACS Survey released in 2023, Dumont, NJ has a population of 18,100, which has increased by 2.1% over the past 5 years. Dumont, NJ is a moderately popular place for families, as children make up 19.7% of the population. The area has a highly educated workforce, with 46.8% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 11.1% reporting working from home.

Metric	Latest Census	YoY % Change
Population	18,100	2.1%
% Under 18	19.7%	-1.5%
% Seniors	16.8%	-6.7%
% WFH	11.1%	208.3%
% w/ College Degree	46.8%	6.8%

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As of the latest ACS Survey released in 2023, Dumont, NJ is a predominantly white area, with 51.7% of the population identifying as white. The white population has shrunk by 14.7% in the last 5 years. The second most common race or ethnicity in Dumont, NJ is asian, making up 20.9% of the population. Foreign-born residents account for 27.8% of the population in Dumont, NJ, and this percentage has increased by 0.7% 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	51.7%	-14.7%
% Black	4.8%	-7.7%
% Hispanic	19.6%	4.8%
% Asian	20.9%	27.4%
% Foreign Born	27.8%	0.7%

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Mortgage and Risk — Dumont, NJ

According to HUD data as of 2023, there were 201 mortgage originations in Dumont, NJ, of which 89.0% of loans were conventional mortgages. The average loan-to-value was 58.0%, with 13.0% above 90% LTV (elevated). This implies medium mortgage risk in Dumont, NJ. Investor activity is low, as 0.0% of loans were by investors. 9.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.

Mortgages

Metric	Zip Code Average
Total Loan Originations	201
% Conventional Loans	89.0%
% Government Loans	11.0%
% Investor Loans	0.0%
% Second Loans	0.0%
% Cash Out Refinance	9.0%

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Rentals and Section 8 — Dumont, NJ

As of 2024, the percent of homes in Dumont, NJ under the Section 8 program is 9.3%. 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 Dumont, 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	218
Total Units Section 8	167
% Rentals under Section 8	9.3%
% Occupied Section 8	96.0%

Section 8 Opportunity

Home Size	HUD Premium	Market Rent	Max HUD Rent
1 Bedroom	-$20	$1,800	$1,780
2 Bedroom	-$210	$2,250	$2,040
3 Bedroom	-$890	$3,400	$2,510
4 Bedroom	-$1,230	$4,400	$3,170

Dumont, NJ—07628

Key Metrics at a Glance

Home Price Trends — Dumont, NJ

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Dumont, NJ

% of Rental Stock

Property Listings — Dumont, NJ

Demographics — Dumont, NJ

Race and Ethnicity

Mortgage and Risk — Dumont, NJ

Mortgages

Rentals and Section 8 — Dumont, NJ

Section 8 Market Size

Section 8 Opportunity

Affordability — Dumont, NJ

Home Price to Income Ratio

Dumont, NJ — ZIP Code Boundary Map

Nearby ZIP Codes

Haworth, NJ

Bergenfield, NJ

New Milford, NJ

Cresskill, NJ

Demarest, NJ

Frequently Asked Questions

Metric	Zip Code Average
Home Price to Income Ratio	4.1
Median Home Price	$637,000
Median Household Income	$126,000

Dumont, NJ—07628

Key Metrics at a Glance

Home Price Trends — Dumont, NJ

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Dumont, NJ

% of Rental Stock

Property Listings — Dumont, NJ

Demographics — Dumont, NJ

Race and Ethnicity

Mortgage and Risk — Dumont, NJ

Mortgages

Rentals and Section 8 — Dumont, NJ

Section 8 Market Size

Section 8 Opportunity

Affordability — Dumont, NJ

Home Price to Income Ratio

Dumont, NJ — ZIP Code Boundary Map

Nearby ZIP Codes

Haworth, NJ

Bergenfield, NJ

New Milford, NJ

Cresskill, NJ

Demarest, NJ

Frequently Asked Questions

What is the average home price in Dumont, NJ 07628?

How have home prices in Dumont, NJ 07628 changed over the past year?

What is the home price projection for Dumont, NJ 07628?

What are the demographics of Dumont, NJ 07628?

How long does it take homes to sell in Dumont, NJ 07628?

What is the average rent price in Dumont, NJ 07628?