Little Ferry, NJ—07643
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Little Ferry, NJ
As of Oct '25, the median home price in Little Ferry, NJ is $575,000, with a year-over-year change of 4.0%. This indicates that home prices in Little Ferry, NJ are increasing. According to Zillow, the 1-year price projection is 1.3%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $575,000 | 4.0% |
| Single Family | $605,000 | 2.9% |
| Condos | $320,000 | -2.7% |
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 | $591,000 | 4.2% |
4 Bed | N/A | N/A |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Little Ferry, NJ
As of July '25, Rentcast reports the average rent in Little Ferry, NJ is $2,400, with a year-over-year rent change of -2.8%. Per bedroom, the median rent as of July '25 in Little Ferry, NJ is 1-bedrooms: $1,930, 2-bedrooms: $2,320, 3-bedrooms: $3,390. The most common rental property sizes in Little Ferry, NJ are 1-bedroom and 3-bedroom, accounting for 51.3% and 20.1% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $2,100 | $2,400 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $1,950 | $1,930 |
| 2 Bed Rent | $2,300 | $2,320 |
| 3 Bed Rent | $3,300 | $3,390 |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Little Ferry, NJ
As of Oct '25, Realtor.com reports that the median days on market for a home in Little Ferry, NJ is 33. This is a decrease of -22.0% 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 0.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $594,000 | 6.0% |
Listing Count | 17 | 26.0% |
| Listings as % of Homes | 0.1% | 26.0% |
Days on Market | 33 | -22.0% |
Demographics — Little Ferry, NJ
As of the latest ACS Survey released in 2023, Little Ferry, NJ has a population of 10,900, which has increased by 1.1% over the past 5 years. Little Ferry, NJ is a less popular place for families, as children make up 13.6% of the population. The area has a moderately educated workforce, with 33.4% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 4.6% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 10,900 | 1.1% |
% Under 18 | 13.6% | -10.5% |
% Seniors | 19.2% | 37.1% |
% WFH | 4.6% | 557.1% |
% w/ College Degree | 33.4% | 6.0% |
As of the latest ACS Survey released in 2023, Little Ferry, NJ is a predominantly white area, with 41.0% of the population identifying as white. The white population has grown by 1.2% in the last 5 years. The second most common race or ethnicity in Little Ferry, NJ is hispanic, making up 34.4% of the population. Foreign-born residents account for 44.4% of the population in Little Ferry, NJ, and this percentage has decreased by 0.9% 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 | 41.0% | 1.2% |
% Black | 4.0% | 66.7% |
% Hispanic | 34.4% | 15.8% |
% Asian | 19.5% | -24.1% |
% Foreign Born | 44.4% | -0.9% |
Mortgage and Risk — Little Ferry, NJ
According to HUD data as of 2023, there were 86 mortgage originations in Little Ferry, NJ, of which 79.0% of loans were conventional mortgages. The average loan-to-value was 59.0%, with 21.0% above 90% LTV (very high). This implies large mortgage risk in Little Ferry, NJ. Investor activity is low, as 3.0% of loans were by investors. 8.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 86 |
% Conventional Loans | 79.0% |
% Government Loans | 21.0% |
% Investor Loans | 3.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 8.0% |
Loan Activity
Rentals and Section 8 — Little Ferry, NJ
Little Ferry, NJ lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 72 |
Total Units Section 8 | 70 |
% Rentals under Section 8 | 2.7% |
% Occupied Section 8 | 97.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | -$210 | $1,950 | $1,740 |
| 2 Bedroom | -$300 | $2,300 | $2,000 |
| 3 Bedroom | -$840 | $3,300 | $2,460 |
| 4 Bedroom | N/A | N/A | $3,110 |
Affordability — Little Ferry, NJ
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 5.9 |
| Median Home Price | $575,000 |
| Median Household Income | $79,500 |