Harrington Park, NJ—07640
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Harrington Park, NJ
As of Oct '25, the median home price in Harrington Park, NJ is $943,000, with a year-over-year change of 4.3%. This indicates that home prices in Harrington Park, NJ are increasing. According to Zillow, the 1-year price projection is 1.8%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $943,000 | 4.3% |
| Single Family | $953,000 | 4.5% |
| 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 | $857,000 | 5.4% |
4 Bed | $1,027,000 | 5.4% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Harrington Park, NJ
As of July '25, Rentcast reports the average rent in Harrington Park, NJ is $4,880, with a year-over-year rent change of 7.3%. Per bedroom, the median rent as of July '25 in Harrington Park, NJ is 3-bedrooms: $4,920, 4-bedrooms: $4,800. The most common rental property sizes in Harrington Park, NJ are 1-bedroom and 2-bedroom, accounting for 35.7% and 31.4% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $4,500 | $4,880 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | N/A | N/A |
| 3 Bed Rent | $4,500 | $4,920 |
| 4 Bed Rent | $4,000 | $4,800 |
% of Rental Stock
Property Listings — Harrington Park, NJ
As of Oct '25, Realtor.com reports that the median days on market for a home in Harrington Park, NJ is 71. This is a increase of 93.0% 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 | $1,120,000 | 33.0% |
Listing Count | 6 | -24.0% |
| Listings as % of Homes | 0.5% | -24.0% |
Days on Market | 71 | 93.0% |
Demographics — Harrington Park, NJ
As of the latest ACS Survey released in 2023, Harrington Park, NJ has a population of 4,880, which has increased by 2.6% over the past 5 years. Harrington Park, NJ is a moderately popular place for families, as children make up 23.8% of the population. The area has a highly educated workforce, with 68.7% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 20.5% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 4,880 | 2.6% |
% Under 18 | 23.8% | -13.8% |
% Seniors | 20.6% | 18.4% |
% WFH | 20.5% | 101.0% |
% w/ College Degree | 68.7% | 3.3% |
As of the latest ACS Survey released in 2023, Harrington Park, NJ is a predominantly white area, with 69.8% of the population identifying as white. The white population has shrunk by 2.1% in the last 5 years. The second most common race or ethnicity in Harrington Park, NJ is asian, making up 19.4% of the population. Foreign-born residents account for 16.4% of the population in Harrington Park, NJ, and this percentage has decreased by 13.7% 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 | 69.8% | -2.1% |
% Black | 0.0% | -100.0% |
% Hispanic | 7.2% | 14.3% |
% Asian | 19.4% | 0.5% |
% Foreign Born | 16.4% | -13.7% |
Mortgage and Risk — Harrington Park, NJ
According to HUD data as of 2023, there were 80 mortgage originations in Harrington Park, NJ, of which 94.0% of loans were conventional mortgages. The average loan-to-value was 51.0%, with 5.0% above 90% LTV (normal). This implies small mortgage risk in Harrington Park, NJ. Investor activity is low, as 0.0% 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 | 80 |
% Conventional Loans | 94.0% |
% Government Loans | 6.0% |
% Investor Loans | 0.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 10.0% |
Loan Activity
Rentals and Section 8 — Harrington Park, NJ
Harrington Park, NJ lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 5 |
Total Units Section 8 | 5 |
% Rentals under Section 8 | 7.1% |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $2,710 |
| 2 Bedroom | N/A | N/A | $3,110 |
| 3 Bedroom | -$670 | $4,500 | $3,830 |
| 4 Bedroom | $840 | $4,000 | $4,840 |
Affordability — Harrington Park, NJ
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 4.3 |
| Median Home Price | $943,000 |
| Median Household Income | $181,000 |