Hillsdale, NJ—07642
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Hillsdale, NJ
As of Oct '25, the median home price in Hillsdale, NJ is $806,000, with a year-over-year change of 6.0%. This indicates that home prices in Hillsdale, 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 | $806,000 | 6.0% |
| Single Family | $809,000 | 5.9% |
| 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 | $776,000 | 6.6% |
4 Bed | $909,000 | 6.9% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Hillsdale, NJ
As of July '25, Rentcast reports the average rent in Hillsdale, NJ is $4,030, with a year-over-year rent change of 11.6%. Per bedroom, the median rent as of July '25 in Hillsdale, NJ is 2-bedrooms: $3,440, 3-bedrooms: $4,000, 4-bedrooms: $4,650. The most common rental property sizes in Hillsdale, NJ are 2-bedroom and 1-bedroom, accounting for 54.8% and 26.4% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $3,900 | $4,030 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | $3,250 | $3,440 |
| 3 Bed Rent | $3,800 | $4,000 |
| 4 Bed Rent | $4,500 | $4,650 |
% of Rental Stock
Property Listings — Hillsdale, NJ
As of Oct '25, Realtor.com reports that the median days on market for a home in Hillsdale, NJ is 38. This is a increase of 30.0% 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 13.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $837,000 | 18.0% |
Listing Count | 15 | 21.0% |
| Listings as % of Homes | 0.3% | 21.0% |
Days on Market | 38 | 30.0% |
Demographics — Hillsdale, NJ
As of the latest ACS Survey released in 2023, Hillsdale, NJ has a population of 10,100, which has decreased by -3.0% over the past 5 years. Hillsdale, NJ is a moderately popular place for families, as children make up 20.7% of the population. The area has a highly educated workforce, with 62.1% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 21.8% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 10,100 | -3.0% |
% Under 18 | 20.7% | -14.8% |
% Seniors | 16.3% | -0.6% |
% WFH | 21.8% | 246.0% |
% w/ College Degree | 62.1% | 17.2% |
As of the latest ACS Survey released in 2023, Hillsdale, NJ is a predominantly white area, with 80.2% of the population identifying as white. The white population has grown by 0.4% in the last 5 years. The second most common race or ethnicity in Hillsdale, NJ is hispanic, making up 8.6% of the population. Foreign-born residents account for 13.1% of the population in Hillsdale, NJ, and this percentage has decreased by 7.7% 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 | 80.2% | 0.4% |
% Black | 1.0% | -65.5% |
% Hispanic | 8.6% | 21.1% |
% Asian | 7.9% | -7.1% |
% Foreign Born | 13.1% | -7.7% |
Mortgage and Risk — Hillsdale, NJ
According to HUD data as of 2023, there were 187 mortgage originations in Hillsdale, NJ, of which 93.0% of loans were conventional mortgages. The average loan-to-value was 51.0%, with 8.0% above 90% LTV (normal). This implies small mortgage risk in Hillsdale, NJ. Investor activity is low, as 1.0% of loans were by investors. 11.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 187 |
% Conventional Loans | 93.0% |
% Government Loans | 7.0% |
% Investor Loans | 1.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 11.0% |
Loan Activity
Rentals and Section 8 — Hillsdale, NJ
Hillsdale, NJ lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 110 |
Total Units Section 8 | 104 |
% Rentals under Section 8 | 31.5% |
% Occupied Section 8 | 95.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $1,780 |
| 2 Bedroom | -$1,210 | $3,250 | $2,040 |
| 3 Bedroom | -$1,290 | $3,800 | $2,510 |
| 4 Bedroom | -$1,330 | $4,500 | $3,170 |
Affordability — Hillsdale, NJ
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3.9 |
| Median Home Price | $806,000 |
| Median Household Income | $170,000 |