Emerson, NJ—07630
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Emerson, NJ
As of Oct '25, the median home price in Emerson, NJ is $752,000, with a year-over-year change of 3.6%. This indicates that home prices in Emerson, 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 | $752,000 | 3.6% |
| Single Family | $760,000 | 3.5% |
| 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 | $723,000 | 4.9% |
4 Bed | $868,000 | 6.0% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Emerson, NJ
As of July '25, Rentcast reports the average rent in Emerson, NJ is $3,590, with a year-over-year rent change of -7.0%. Per bedroom, the median rent as of July '25 in Emerson, NJ is 1-bedrooms: $1,900, 2-bedrooms: $2,420, 3-bedrooms: $3,770, 4-bedrooms: $5,250. The most common rental property sizes in Emerson, NJ are 1-bedroom and 2-bedroom, accounting for 45.1% and 25.3% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $3,500 | $3,590 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $1,900 | $1,900 |
| 2 Bed Rent | $2,400 | $2,420 |
| 3 Bed Rent | $3,980 | $3,770 |
| 4 Bed Rent | $3,500 | $5,250 |
% of Rental Stock
Property Listings — Emerson, NJ
As of Oct '25, Realtor.com reports that the median days on market for a home in Emerson, NJ is 29. This is a increase of 8.0% 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 | $764,000 | 23.0% |
Listing Count | 7 | -4.0% |
| Listings as % of Homes | 0.4% | -4.0% |
Days on Market | 29 | 8.0% |
Demographics — Emerson, NJ
As of the latest ACS Survey released in 2023, Emerson, NJ has a population of 7,260, which has decreased by -4.6% over the past 5 years. Emerson, NJ is a moderately popular place for families, as children make up 19.4% of the population. The area has a highly educated workforce, with 55.2% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 16.1% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 7,260 | -4.6% |
% Under 18 | 19.4% | -17.4% |
% Seniors | 24.9% | 33.2% |
% WFH | 16.1% | 283.3% |
% w/ College Degree | 55.2% | 35.3% |
As of the latest ACS Survey released in 2023, Emerson, NJ is a predominantly white area, with 78.3% of the population identifying as white. The white population has grown by 13.0% in the last 5 years. The second most common race or ethnicity in Emerson, NJ is asian, making up 11.4% of the population. Foreign-born residents account for 15.7% of the population in Emerson, NJ, and this percentage has decreased by 24.9% 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 | 78.3% | 13.0% |
% Black | 0.7% | 16.7% |
% Hispanic | 7.6% | -59.8% |
% Asian | 11.4% | 8.6% |
% Foreign Born | 15.7% | -24.9% |
Mortgage and Risk — Emerson, NJ
According to HUD data as of 2023, there were 107 mortgage originations in Emerson, NJ, of which 92.0% of loans were conventional mortgages. The average loan-to-value was 54.0%, with 10.0% above 90% LTV (elevated). This implies medium mortgage risk in Emerson, NJ. Investor activity is low, as 0.0% of loans were by investors. 13.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 107 |
% Conventional Loans | 92.0% |
% Government Loans | 8.0% |
% Investor Loans | 0.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 13.0% |
Loan Activity
Rentals and Section 8 — Emerson, NJ
As of 2024, the percent of homes in Emerson, NJ under the Section 8 program is 6.2%. 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 and 2-bedroom and 4-bedroom units appear to be good home sizes to consider for Section 8 housing in Emerson, NJ, because HUD payments exceed market rent, while 3-bedroom units do not.
Section 8 Market Size
Total Units under HUD | 19 |
Total Units Section 8 | 19 |
% Rentals under Section 8 | 6.3% |
% Occupied Section 8 | 95.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $370 | $1,900 | $2,270 |
| 2 Bedroom | $200 | $2,400 | $2,600 |
| 3 Bedroom | -$780 | $3,980 | $3,200 |
| 4 Bedroom | $550 | $3,500 | $4,050 |
Affordability — Emerson, NJ
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 4.1 |
| Median Home Price | $752,000 |
| Median Household Income | $154,000 |