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Rochelle Park, NJ—07662

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value
$606,000
2.5% YoY Growth
Household Income
$118,000
45.3% YoY Growth
Days on Market
26
8.0% Shorter YoY
Home Price Forecast
1.6%
Median Rent
$2,620
10.1% YoY Growth
1-Bed Rent
$1,800
7.7% YoY Growth
2-Bed Rent
$2,250
2.5% YoY Growth
3-Bed Rent
$3,500
1.7% YoY Growth
  • Home Price Trends
  • Rental Trends
  • Property Listings
  • Demographics
  • Mortgage and Risk

Home Price Trends — Rochelle Park, NJ

As of Dec '25, the median home price in Rochelle Park, NJ is $606,000, with a year-over-year change of 2.5%. This indicates that home prices in Rochelle Park, NJ are increasing. According to Zillow, the 1-year price projection is 1.6%, suggesting an increase housing market in the next year.

Cost per Home Type

Home TypeMedian Home ValueYoY % Change
All Homes
$606,0002.5%
Single Family $607,0001.8%
Condos N/AN/A

Cost per Home Size

Home SizeMedian Home ValueYoY % Change
1 Bed
  • Affordability
  • Rentals and Section 8
    • N/A
    N/A
    2 Bed
    		N/AN/A
    3 Bed
    		$616,0002.7%
    4 Bed
    		$646,0001.6%
    5 Bed N/AN/A
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    % of Housing Stock

    1 Bedroom
    12.2%
    2 Bedrooms
    23.5%
    3 Bedrooms
    40.3%
    4 Bedrooms
    20.1%
    5+ Bedrooms
    4.0%

    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.

    TypeMedian RentAverage 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
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    % of Rental Stock

    1 Bedroom
    51.0%
    2 Bedrooms
    30.7%
    3 Bedrooms
    18.3%

    Property Listings — Rochelle Park, NJ

    As of Dec '25, Realtor.com reports that the median days on market for a home in Rochelle Park, NJ is 23. This is a decrease of -2.0% 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.

    MetricZip Code AverageYear over Year % Change
    Median Listing Price
    		$620,0002.0%
    Listing Count
    		927.0%
    Listings as % of Homes0.5%27.0%
    Days on Market
    		26-8.0%
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    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.

    MetricLatest CensusYoY % Change
    Population
    		5,8203.7%
    % Under 18
    		15.1%-13.7%
    % Seniors
    		24.3%7.0%
    % WFH
    		10.8%800.0%
    % w/ College Degree
    		44.9%36.9%
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    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

    MetricLatest Census5-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%
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    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

    MetricZip 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%
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    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 SizeHUD PremiumMarket RentMax 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

    MetricZip Code Average
    Home Price to Income Ratio4.3
    Median Home Price$606,000
    Median Household Income$118,000

    Rochelle Park, NJ — ZIP Code Boundary Map

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    Nearby ZIP Codes

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    07607

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    Frequently Asked Questions