Flanders, NJ—07836
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Flanders, NJ
As of Oct '25, the median home price in Flanders, NJ is $645,000, with a year-over-year change of 2.5%. This indicates that home prices in Flanders, 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 | $645,000 | 2.5% |
| Single Family | $650,000 | 2.0% |
| 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 | $561,000 | 3.1% |
4 Bed | $707,000 | 4.6% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Flanders, NJ
As of July '25, Rentcast reports the average rent in Flanders, NJ is $3,300, with a year-over-year rent change of -11.3%. Per bedroom, the median rent as of July '25 in Flanders, NJ is 1-bedrooms: $1,900, 3-bedrooms: $4,000, 4-bedrooms: $4,000. The most common rental property sizes in Flanders, NJ are 1-bedroom and 2-bedroom, accounting for 67.1% and 31.6% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $4,000 | $3,300 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $1,900 | $1,900 |
| 2 Bed Rent | N/A | N/A |
| 3 Bed Rent | $4,000 | $4,000 |
| 4 Bed Rent | $4,000 | $4,000 |
% of Rental Stock
Property Listings — Flanders, NJ
As of Oct '25, Realtor.com reports that the median days on market for a home in Flanders, NJ is 38. 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 27.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $706,000 | 11.0% |
Listing Count | 22 | -18.0% |
| Listings as % of Homes | 0.2% | -18.0% |
Days on Market | 38 | -8.0% |
Demographics — Flanders, NJ
As of the latest ACS Survey released in 2023, Flanders, NJ has a population of 12,100, which has increased by 3.2% over the past 5 years. Flanders, NJ is a moderately popular place for families, as children make up 21.3% of the population. The area has a highly educated workforce, with 51.5% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 19.5% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 12,100 | 3.2% |
% Under 18 | 21.3% | -9.0% |
% Seniors | 16.1% | 23.8% |
% WFH | 19.5% | 195.5% |
% w/ College Degree | 51.5% | 6.4% |
As of the latest ACS Survey released in 2023, Flanders, NJ is a predominantly white area, with 69.5% of the population identifying as white. The white population has shrunk by 9.5% in the last 5 years. The second most common race or ethnicity in Flanders, NJ is hispanic, making up 17.1% of the population. Foreign-born residents account for 16.4% of the population in Flanders, NJ, and this percentage has increased by 74.5% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 69.5% | -9.5% |
% Black | 2.1% | -57.1% |
% Hispanic | 17.1% | 50.0% |
% Asian | 6.0% | 11.1% |
% Foreign Born | 16.4% | 74.5% |
Mortgage and Risk — Flanders, NJ
According to HUD data as of 2023, there were 138 mortgage originations in Flanders, NJ, of which 88.0% of loans were conventional mortgages. The average loan-to-value was 52.0%, with 13.0% above 90% LTV (elevated). This implies medium mortgage risk in Flanders, NJ. Investor activity is low, as 0.0% of loans were by investors. 19.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 138 |
% Conventional Loans | 88.0% |
% Government Loans | 12.0% |
% Investor Loans | 0.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 19.0% |
Loan Activity
Rentals and Section 8 — Flanders, NJ
Flanders, NJ lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 155 |
Total Units Section 8 | 41 |
% Rentals under Section 8 | 2.5% |
% Occupied Section 8 | 97.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $270 | $1,900 | $2,170 |
| 2 Bedroom | N/A | N/A | $2,620 |
| 3 Bedroom | -$700 | $4,000 | $3,300 |
| 4 Bedroom | -$250 | $4,000 | $3,750 |
Affordability — Flanders, NJ
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3.6 |
| Median Home Price | $645,000 |
| Median Household Income | $155,000 |