Cliffwood, NJ—07721
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Cliffwood, NJ
As of Oct '25, the median home price in Cliffwood, NJ is $500,000, with a year-over-year change of 6.4%. This indicates that home prices in Cliffwood, NJ are increasing. According to Zillow, the 1-year price projection is 0.9%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $500,000 | 6.4% |
| Single Family | $556,000 | 3.5% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $405,000 | 5.2% |
3 Bed | $542,000 | 4.8% |
4 Bed | $642,000 | 2.9% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Cliffwood, NJ
As of July '25, Rentcast reports the average rent in Cliffwood, NJ is $3,390, with a year-over-year rent change of 33.5%. Per bedroom, the median rent as of July '25 in Cliffwood, NJ is 1-bedrooms: $2,180, 2-bedrooms: $2,850, 3-bedrooms: $3,750. The most common rental property sizes in Cliffwood, NJ are 2-bedroom and 1-bedroom, accounting for 47.3% and 38.4% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $2,850 | $3,390 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $1,850 | $2,180 |
| 2 Bed Rent | $2,850 | $2,850 |
| 3 Bed Rent | $3,750 | $3,750 |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Cliffwood, NJ
As of Oct '25, Realtor.com reports that the median days on market for a home in Cliffwood, NJ is 15. This is a decrease of -8.0% 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 25.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $543,000 | -8.0% |
Listing Count | 16 | 3.0% |
| Listings as % of Homes | 0.8% | 3.0% |
Days on Market | 15 | -8.0% |
Demographics — Cliffwood, NJ
As of the latest ACS Survey released in 2023, Cliffwood, NJ has a population of 4,440, which has increased by 48.0% over the past 5 years. Cliffwood, NJ is a moderately popular place for families, as children make up 21.7% of the population. The area has a highly educated workforce, with 46.5% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 10.0% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 4,440 | 48.0% |
% Under 18 | 21.7% | -5.7% |
% Seniors | 5.8% | -41.4% |
% WFH | 10.0% | 376.2% |
% w/ College Degree | 46.5% | 31.0% |
As of the latest ACS Survey released in 2023, Cliffwood, NJ is a predominantly white area, with 42.2% of the population identifying as white. The white population has shrunk by 3.9% in the last 5 years. The second most common race or ethnicity in Cliffwood, NJ is asian, making up 18.2% of the population. Foreign-born residents account for 18.4% of the population in Cliffwood, NJ, and this percentage has decreased by 23.0% 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 | 42.2% | -3.9% |
% Black | 17.0% | -37.5% |
% Hispanic | 14.2% | -13.4% |
% Asian | 18.2% | 82.0% |
% Foreign Born | 18.4% | -23.0% |
Mortgage and Risk — Cliffwood, NJ
According to HUD data as of 2023, there were 118 mortgage originations in Cliffwood, NJ, of which 84.0% of loans were conventional mortgages. The average loan-to-value was 92.0%, with 34.0% above 90% LTV (very high). This implies large mortgage risk in Cliffwood, NJ. Investor activity is low, as 3.0% of loans were by investors. 8.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 118 |
% Conventional Loans | 84.0% |
% Government Loans | 16.0% |
% Investor Loans | 3.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 8.0% |
Loan Activity
Rentals and Section 8 — Cliffwood, NJ
Cliffwood, NJ lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 43 |
Total Units Section 8 | 43 |
% Rentals under Section 8 | 5.9% |
% Occupied Section 8 | 88.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | -$90 | $1,850 | $1,760 |
| 2 Bedroom | -$680 | $2,850 | $2,170 |
| 3 Bedroom | -$860 | $3,750 | $2,890 |
| 4 Bedroom | N/A | N/A | $3,210 |
Affordability — Cliffwood, NJ
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3.3 |
| Median Home Price | $500,000 |
| Median Household Income | $128,000 |