Rochelle Park, NJ—07662
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Rochelle Park, NJ
As of Oct '25, the median home price in Rochelle Park, NJ is $612,000, with a year-over-year change of 3.3%. This indicates that home prices in Rochelle Park, NJ are increasing. According to Zillow, the 1-year price projection is 1.1%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $612,000 | 3.3% |
| Single Family | $613,000 | 2.2% |
| 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 | $624,000 | 3.0% |
4 Bed | $655,000 | 2.2% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Rochelle Park, NJ
As of July '25, Rentcast reports the average rent in Rochelle Park, NJ is $3,040, with a year-over-year rent change of 10.1%. Per bedroom, the median rent as of July '25 in Rochelle Park, NJ is studios: $2,300, 1-bedrooms: $2,250, 2-bedrooms: $2,500, 3-bedrooms: $3,480, 4-bedrooms: $6,250. The most common rental property sizes in Rochelle Park, NJ are 1-bedroom and 2-bedroom, accounting for 51.0% and 30.7% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $2,620 | $3,040 |
| Studio Rent | $2,300 | $2,300 |
| 1 Bed Rent | $1,800 | $2,250 |
| 2 Bed Rent | $2,250 | $2,500 |
| 3 Bed Rent | $3,500 | $3,480 |
| 4 Bed Rent | $6,250 | $6,250 |
% of Rental Stock
Property Listings — Rochelle Park, NJ
As of Oct '25, Realtor.com reports that the median days on market for a home in Rochelle Park, NJ is 29. This is a decrease of -25.0% 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 29.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $587,000 | 7.0% |
Listing Count | 14 | 8.0% |
| Listings as % of Homes | 0.5% | 8.0% |
Days on Market | 29 | -25.0% |
Demographics — Rochelle Park, NJ
As of the latest ACS Survey released in 2023, Rochelle Park, NJ has a population of 5,820, which has increased by 3.7% over the past 5 years. Rochelle Park, NJ is a moderately popular place for families, as children make up 15.1% of the population. The area has a moderately educated workforce, with 44.9% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 10.8% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 5,820 | 3.7% |
% Under 18 | 15.1% | -13.7% |
% Seniors | 24.3% | 7.0% |
% WFH | 10.8% | 800.0% |
% w/ College Degree | 44.9% | 36.9% |
As of the latest ACS Survey released in 2023, Rochelle Park, NJ is a predominantly white area, with 54.3% of the population identifying as white. The white population has shrunk by 10.1% in the last 5 years. The second most common race or ethnicity in Rochelle Park, NJ is hispanic, making up 25.8% of the population. Foreign-born residents account for 25.4% of the population in Rochelle Park, NJ, and this percentage has decreased by 0.8% 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 | 54.3% | -10.1% |
% Black | 3.9% | 69.6% |
% Hispanic | 25.8% | 13.2% |
% Asian | 10.4% | -20.6% |
% Foreign Born | 25.4% | -0.8% |
Mortgage and Risk — Rochelle Park, NJ
According to HUD data as of 2023, there were 94 mortgage originations in Rochelle Park, NJ, of which 81.0% of loans were conventional mortgages. The average loan-to-value was 63.0%, with 24.0% above 90% LTV (very high). This implies large mortgage risk in Rochelle Park, NJ. Investor activity is low, as 0.0% of loans were by investors. 7.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 94 |
% Conventional Loans | 81.0% |
% Government Loans | 19.0% |
% Investor Loans | 0.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 7.0% |
Loan Activity
Rentals and Section 8 — Rochelle Park, NJ
As of 2024, the percent of homes in Rochelle Park, NJ under the Section 8 program is 6.5%. 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 Rochelle Park, 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 | 31 |
Total Units Section 8 | 31 |
% Rentals under Section 8 | 6.5% |
% Occupied Section 8 | 96.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $160 | $1,800 | $1,960 |
| 2 Bedroom | $0 | $2,250 | $2,250 |
| 3 Bedroom | -$730 | $3,500 | $2,770 |
| 4 Bedroom | -$2,750 | $6,250 | $3,500 |
Affordability — Rochelle Park, NJ
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 4.3 |
| Median Home Price | $612,000 |
| Median Household Income | $118,000 |