Belford, NJ—07718
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Belford, NJ
As of Oct '25, the median home price in Belford, NJ is $601,000, with a year-over-year change of 3.9%. This indicates that home prices in Belford, NJ are increasing. According to Zillow, the 1-year price projection is 1.7%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $601,000 | 3.9% |
| Single Family | $606,000 | 3.6% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $440,000 | 1.4% |
3 Bed | $594,000 | 3.8% |
4 Bed | $688,000 | 3.5% |
| 5 Bed | $759,000 | 2.7% |
% of Housing Stock
Rental Trends — Belford, NJ
As of July '25, Rentcast reports the average rent in Belford, NJ is $3,500, with a year-over-year rent change of 41.1%. Per bedroom, the median rent as of July '25 in Belford, NJ is 3-bedrooms: $3,500. The most common rental property sizes in Belford, NJ are 2-bedroom and 1-bedroom, accounting for 60.9% and 14.8% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $3,500 | $3,500 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | N/A | N/A |
| 3 Bed Rent | $3,500 | $3,500 |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Belford, NJ
As of Oct '25, Realtor.com reports that the median days on market for a home in Belford, NJ is 15. This is a increase of 78.0% 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 | $438,000 | -7.0% |
Listing Count | 10 | -13.0% |
| Listings as % of Homes | 0.2% | -13.0% |
Days on Market | 15 | 78.0% |
Demographics — Belford, NJ
As of the latest ACS Survey released in 2023, Belford, NJ has a population of 7,060, which has decreased by -1.1% over the past 5 years. Belford, NJ is a moderately popular place for families, as children make up 22.5% of the population. The area has a moderately educated workforce, with 41.1% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 20.4% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 7,060 | -1.1% |
% Under 18 | 22.5% | -5.9% |
% Seniors | 13.2% | 10.9% |
% WFH | 20.4% | 264.3% |
% w/ College Degree | 41.1% | 17.8% |
As of the latest ACS Survey released in 2023, Belford, NJ is a predominantly white area, with 87.5% of the population identifying as white. The white population has grown by 1.6% in the last 5 years. The second most common race or ethnicity in Belford, NJ is hispanic, making up 8.4% of the population. Foreign-born residents account for 4.4% of the population in Belford, NJ, and this percentage has decreased by 20.0% 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 | 87.5% | 1.6% |
% Black | 0.2% | -50.0% |
% Hispanic | 8.4% | 16.7% |
% Asian | 1.6% | -57.9% |
% Foreign Born | 4.4% | -20.0% |
Mortgage and Risk — Belford, NJ
According to HUD data as of 2023, there were 189 mortgage originations in Belford, NJ, of which 89.0% of loans were conventional mortgages. The average loan-to-value was 49.0%, with 11.0% above 90% LTV (elevated). This implies medium mortgage risk in Belford, NJ. Investor activity is low, as 1.0% of loans were by investors. 16.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 189 |
% Conventional Loans | 89.0% |
% Government Loans | 11.0% |
% Investor Loans | 1.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 16.0% |
Loan Activity
Rentals and Section 8 — Belford, NJ
Belford, NJ lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 27 |
Total Units Section 8 | 27 |
% Rentals under Section 8 | 21.1% |
% Occupied Section 8 | 88.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $1,690 |
| 2 Bedroom | N/A | N/A | $2,080 |
| 3 Bedroom | -$730 | $3,500 | $2,770 |
| 4 Bedroom | N/A | N/A | $3,080 |
Affordability — Belford, NJ
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3.5 |
| Median Home Price | $601,000 |
| Median Household Income | $139,000 |