Englewood, NJ—07631
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Englewood, NJ
As of Oct '25, the median home price in Englewood, NJ is $606,000, with a year-over-year change of 2.3%. This indicates that home prices in Englewood, NJ are increasing. According to Zillow, the 1-year price projection is 0.9%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $606,000 | 2.3% |
| Single Family | $658,000 | 2.7% |
| Condos | $437,000 | 0.9% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | $311,000 | -1.6% |
2 Bed | $472,000 | 0.0% |
3 Bed | $622,000 | 3.5% |
4 Bed | $775,000 | 3.6% |
| 5 Bed | $1,774,000 | 7.6% |
% of Housing Stock
Rental Trends — Englewood, NJ
As of July '25, Rentcast reports the average rent in Englewood, NJ is $3,050, with a year-over-year rent change of -4.4%. Per bedroom, the median rent as of July '25 in Englewood, NJ is studios: $2,170, 1-bedrooms: $2,280, 2-bedrooms: $2,950, 3-bedrooms: $3,620, 4-bedrooms: $5,610. The most common rental property sizes in Englewood, NJ are 2-bedroom and 1-bedroom, accounting for 47.6% and 27.0% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $2,700 | $3,050 |
| Studio Rent | $2,100 | $2,170 |
| 1 Bed Rent | $2,100 | $2,280 |
| 2 Bed Rent | $2,700 | $2,950 |
| 3 Bed Rent | $3,500 | $3,620 |
| 4 Bed Rent | $5,800 | $5,610 |
% of Rental Stock
Property Listings — Englewood, NJ
As of Oct '25, Realtor.com reports that the median days on market for a home in Englewood, NJ is 39. This is a decrease of -15.0% 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 14.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $596,000 | -30.0% |
Listing Count | 57 | 1.0% |
| Listings as % of Homes | 0.3% | 1.0% |
Days on Market | 39 | -15.0% |
Demographics — Englewood, NJ
As of the latest ACS Survey released in 2023, Englewood, NJ has a population of 29,300, which has increased by 3.9% over the past 5 years. Englewood, NJ is a moderately popular place for families, as children make up 22.3% of the population. The area has a highly educated workforce, with 45.6% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 12.8% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 29,300 | 3.9% |
% Under 18 | 22.3% | 4.7% |
% Seniors | 18.7% | 19.1% |
% WFH | 12.8% | 161.2% |
% w/ College Degree | 45.6% | 3.9% |
As of the latest ACS Survey released in 2023, Englewood, NJ is a predominantly hispanic area, with 32.0% of the population identifying as hispanic. The hispanic population has grown by 16.4% in the last 5 years. The second most common race or ethnicity in Englewood, NJ is white, making up 30.4% of the population. Foreign-born residents account for 35.0% of the population in Englewood, NJ, and this percentage has increased by 0.3% 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 | 30.4% | -9.0% |
% Black | 19.8% | -32.9% |
% Hispanic | 32.0% | 16.4% |
% Asian | 13.0% | 54.8% |
% Foreign Born | 35.0% | 0.3% |
Mortgage and Risk — Englewood, NJ
According to HUD data as of 2023, there were 267 mortgage originations in Englewood, NJ, of which 92.0% of loans were conventional mortgages. The average loan-to-value was 57.0%, with 16.0% above 90% LTV (elevated). This implies medium mortgage risk in Englewood, NJ. Investor activity is low, as 4.0% of loans were by investors. 10.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 267 |
% Conventional Loans | 92.0% |
% Government Loans | 8.0% |
% Investor Loans | 4.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 10.0% |
Loan Activity
Rentals and Section 8 — Englewood, NJ
As of 2024, the percent of homes in Englewood, NJ under the Section 8 program is 18.6%. 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. In Englewood, 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 | 969 |
Total Units Section 8 | 969 |
% Rentals under Section 8 | 18.6% |
% Occupied Section 8 | 80.2% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | -$90 | $2,100 | $2,010 |
| 2 Bedroom | -$390 | $2,700 | $2,310 |
| 3 Bedroom | -$660 | $3,500 | $2,840 |
| 4 Bedroom | -$2,200 | $5,800 | $3,600 |
Affordability — Englewood, NJ
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 5.2 |
| Median Home Price | $606,000 |
| Median Household Income | $101,000 |