Northvale, NJ 07647 - Home Prices, Rental Trends, Listings & Demographics | Prop:Metrics

Northvale, NJ—07647

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value

$772,000

5.0% YoY Growth

Household Income

$119,000

8.3% YoY Growth

Days on Market

65.0% Longer YoY

Home Price Forecast

1.2%

Median Rent

$4,000

4.7% YoY Growth

1-Bed Rent

$3,000

37.6% YoY Growth

2-Bed Rent

$3,000

N/A

3-Bed Rent

$4,000

11.3% YoY Growth

Home Price Trends — Northvale, NJ

As of May '26, the median home price in Northvale, NJ is $772,000, with a year-over-year change of 5.0%. This indicates that home prices in Northvale, NJ are increasing. According to Zillow, the 1-year price projection is 1.2%, suggesting an increase housing market in the next year.

Cost per Home Type

Home Type	Median Home Value	YoY % Change
All Homes	$772,000	5.0%
Single Family	$779,000	5.3%
Condos	N/A	N/A

Cost per Home Size

Home Size	Median Home Value	YoY % Change
1 Bed

Rental Trends — Northvale, NJ

As of July '25, Rentcast reports the average rent in Northvale, NJ is $3,970, with a year-over-year rent change of 4.7%. Per bedroom, the median rent as of July '25 in Northvale, NJ is 1-bedrooms: $3,000, 2-bedrooms: $3,000, 3-bedrooms: $3,940, 4-bedrooms: $5,700. The most common rental property sizes in Northvale, NJ are 2-bedroom and 1-bedroom, accounting for 41.0% and 26.8% of the rental stock.

Type	Median Rent	Average Rent
Average Rent	$4,000	$3,970
Studio Rent	N/A	N/A
1 Bed Rent	$3,000	$3,000
2 Bed Rent	$3,000	$3,000
3 Bed Rent	$4,000	$3,940
4 Bed Rent	$5,700	$5,700

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% of Rental Stock

Studio

15.8%

1 Bedroom

26.8%

2 Bedrooms

41.0%

3 Bedrooms

9.8%

4 Bedrooms

5.0%

5+ Bedrooms

1.8%

Property Listings — Northvale, NJ

As of May '26, Realtor.com reports that the median days on market for a home in Northvale, NJ is 72. This is a increase of 65.0% 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	$2,450,000	169.0%
Listing Count	11	50.0%
Listings as % of Homes	0.5%	50.0%
Days on Market	72	65.0%

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Demographics — Northvale, NJ

As of the latest ACS Survey released in 2023, Northvale, NJ has a population of 5,300, which has decreased by -2.1% over the past 5 years. Northvale, NJ is a moderately popular place for families, as children make up 21.8% of the population. The area has a highly educated workforce, with 53.3% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 13.5% reporting working from home.

Metric	Latest Census	YoY % Change
Population	5,300	-2.1%
% Under 18	21.8%	1.4%
% Seniors	21.6%	7.5%
% WFH	13.5%	382.1%
% w/ College Degree	53.3%	5.5%

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As of the latest ACS Survey released in 2023, Northvale, NJ is a predominantly white area, with 51.5% of the population identifying as white. The white population has shrunk by 16.3% in the last 5 years. The second most common race or ethnicity in Northvale, NJ is asian, making up 33.7% of the population. Foreign-born residents account for 29.9% of the population in Northvale, 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	51.5%	-16.3%
% Black	1.3%	-23.5%
% Hispanic	12.6%	11.5%
% Asian	33.7%	34.8%
% Foreign Born	29.9%	0.3%

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Mortgage and Risk — Northvale, NJ

According to HUD data as of 2023, there were 87 mortgage originations in Northvale, NJ, of which 98.0% of loans were conventional mortgages. The average loan-to-value was 50.0%, with 9.0% above 90% LTV (normal). This implies small mortgage risk in Northvale, NJ. Investor activity is low, as 0.0% of loans were by investors. 2.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.

Mortgages

Metric	Zip Code Average
Total Loan Originations	87
% Conventional Loans	98.0%
% Government Loans	2.0%
% Investor Loans	0.0%
% Second Loans	0.0%
% Cash Out Refinance	2.0%

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Rentals and Section 8 — Northvale, NJ

As of 2024, the percent of homes in Northvale, NJ under the Section 8 program is 13.0%. 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. In Northvale, 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	47
Total Units Section 8	47
% Rentals under Section 8	13.0%
% Occupied Section 8	95.0%

Section 8 Opportunity

Home Size	HUD Premium	Market Rent	Max HUD Rent
1 Bedroom	-$1,130	$3,000	$1,870
2 Bedroom	-$850	$3,000	$2,150
3 Bedroom	-$1,350	$4,000	$2,650
4 Bedroom	-$2,350	$5,700	$3,350

Northvale, NJ—07647

Key Metrics at a Glance

Home Price Trends — Northvale, NJ

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Northvale, NJ

% of Rental Stock

Property Listings — Northvale, NJ

Demographics — Northvale, NJ

Race and Ethnicity

Mortgage and Risk — Northvale, NJ

Mortgages

Rentals and Section 8 — Northvale, NJ

Section 8 Market Size

Section 8 Opportunity

Affordability — Northvale, NJ

Home Price to Income Ratio

Northvale, NJ — ZIP Code Boundary Map

Nearby ZIP Codes

Norwood, NJ

Tappan, NY

Sparkill, NY

Palisades, NY

Closter, NJ

Frequently Asked Questions

Metric	Zip Code Average
Home Price to Income Ratio	5.3
Median Home Price	$772,000
Median Household Income	$119,000

Northvale, NJ—07647

Key Metrics at a Glance

Home Price Trends — Northvale, NJ

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Northvale, NJ

% of Rental Stock

Property Listings — Northvale, NJ

Demographics — Northvale, NJ

Race and Ethnicity

Mortgage and Risk — Northvale, NJ

Mortgages

Rentals and Section 8 — Northvale, NJ

Section 8 Market Size

Section 8 Opportunity

Affordability — Northvale, NJ

Home Price to Income Ratio

Northvale, NJ — ZIP Code Boundary Map

Nearby ZIP Codes

Norwood, NJ

Tappan, NY

Sparkill, NY

Palisades, NY

Closter, NJ

Frequently Asked Questions

What is the average home price in Northvale, NJ 07647?

How have home prices in Northvale, NJ 07647 changed over the past year?

What is the home price projection for Northvale, NJ 07647?

What are the demographics of Northvale, NJ 07647?

How long does it take homes to sell in Northvale, NJ 07647?

What is the average rent price in Northvale, NJ 07647?