Oradell, NJ—07649
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Oradell, NJ
As of Oct '25, the median home price in Oradell, NJ is $944,000, with a year-over-year change of 3.7%. This indicates that home prices in Oradell, NJ are increasing. According to Zillow, the 1-year price projection is 2.0%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $944,000 | 3.7% |
| Single Family | $948,000 | 3.8% |
| 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 | $868,000 | 4.2% |
4 Bed | $1,058,000 | 5.8% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Oradell, NJ
As of July '25, Rentcast reports the average rent in Oradell, NJ is $3,480, with a year-over-year rent change of -6.5%. Per bedroom, the median rent as of July '25 in Oradell, NJ is 1-bedrooms: $1,900, 2-bedrooms: $3,370, 3-bedrooms: $3,480, 4-bedrooms: $5,220. The most common rental property sizes in Oradell, NJ are 4-bedroom and 1-bedroom, accounting for 33.9% and 32.5% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $3,400 | $3,480 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $1,600 | $1,900 |
| 2 Bed Rent | $3,400 | $3,370 |
| 3 Bed Rent | $2,950 | $3,480 |
| 4 Bed Rent | $4,950 | $5,220 |
% of Rental Stock
Property Listings — Oradell, NJ
As of Oct '25, Realtor.com reports that the median days on market for a home in Oradell, NJ is 22. This is a increase of 102.0% 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 | $1,060,000 | 36.0% |
Listing Count | 5 | -32.0% |
| Listings as % of Homes | 0.3% | -32.0% |
Days on Market | 22 | 102.0% |
Demographics — Oradell, NJ
As of the latest ACS Survey released in 2023, Oradell, NJ has a population of 8,200, which has remained stable by 0.8% over the past 5 years. Oradell, NJ is a popular place for families, as children make up 26.3% of the population. The area has a highly educated workforce, with 71.9% of adult residents holding a bachelor’s degree or higher. There are many residents working remotely, with 37.3% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 8,200 | 0.8% |
% Under 18 | 26.3% | 4.4% |
% Seniors | 16.5% | -7.8% |
% WFH | 37.3% | 432.9% |
% w/ College Degree | 71.9% | 18.3% |
As of the latest ACS Survey released in 2023, Oradell, NJ is a predominantly white area, with 72.4% of the population identifying as white. The white population has shrunk by 4.6% in the last 5 years. The second most common race or ethnicity in Oradell, NJ is asian, making up 15.0% of the population. Foreign-born residents account for 17.0% of the population in Oradell, NJ, and this percentage has decreased by 11.0% 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 | 72.4% | -4.6% |
% Black | 1.7% | 6.2% |
% Hispanic | 7.0% | 42.9% |
% Asian | 15.0% | 9.5% |
% Foreign Born | 17.0% | -11.0% |
Mortgage and Risk — Oradell, NJ
According to HUD data as of 2023, there were 119 mortgage originations in Oradell, NJ, of which 97.0% of loans were conventional mortgages. The average loan-to-value was 52.0%, with 7.0% above 90% LTV (normal). This implies small mortgage risk in Oradell, NJ. Investor activity is low, as 1.0% of loans were by investors. 3.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 119 |
% Conventional Loans | 97.0% |
% Government Loans | 3.0% |
% Investor Loans | 1.0% |
% Second Loans | 1.0% |
% Cash Out Refinance | 3.0% |
Loan Activity
Rentals and Section 8 — Oradell, NJ
As of 2024, the percent of homes in Oradell, NJ under the Section 8 program is 1.1%. 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. 1-bedroom units appear to be good home sizes to consider for Section 8 housing in Oradell, NJ, because HUD payments exceed market rent, while 2-bedroom and 3-bedroom and 4-bedroom units do not.
Section 8 Market Size
Total Units under HUD | 5 |
Total Units Section 8 | 5 |
% Rentals under Section 8 | 1.1% |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $480 | $1,600 | $2,080 |
| 2 Bedroom | -$1,020 | $3,400 | $2,380 |
| 3 Bedroom | -$20 | $2,950 | $2,930 |
| 4 Bedroom | -$1,250 | $4,950 | $3,700 |
Affordability — Oradell, NJ
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3.7 |
| Median Home Price | $944,000 |
| Median Household Income | $215,000 |