Netcong, NJ—07857
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Netcong, NJ
As of Oct '25, the median home price in Netcong, NJ is $473,000, with a year-over-year change of 2.0%. This indicates that home prices in Netcong, 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 | $473,000 | 2.0% |
| Single Family | $475,000 | 1.3% |
| 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 | $478,000 | 3.2% |
4 Bed | N/A | N/A |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Netcong, NJ
As of July '25, Rentcast reports the average rent in Netcong, NJ is $2,020, with a year-over-year rent change of -9.0%. Per bedroom, the median rent as of July '25 in Netcong, NJ is 1-bedrooms: $1,710, 2-bedrooms: $2,340. The most common rental property sizes in Netcong, NJ are 1-bedroom and 2-bedroom, accounting for 64.6% and 27.3% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $2,030 | $2,020 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $1,700 | $1,710 |
| 2 Bed Rent | $2,300 | $2,340 |
| 3 Bed Rent | N/A | N/A |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Netcong, NJ
As of Oct '25, Realtor.com reports that the median days on market for a home in Netcong, NJ is 58. This is a increase of 124.0% 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 | $572,000 | 30.0% |
Listing Count | 5 | 25.0% |
| Listings as % of Homes | 0.4% | 25.0% |
Days on Market | 58 | 124.0% |
Demographics — Netcong, NJ
As of the latest ACS Survey released in 2023, Netcong, NJ has a population of 3,540, which has increased by 9.5% over the past 5 years. Netcong, 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 38.8% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 19.8% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 3,540 | 9.5% |
% Under 18 | 15.1% | -1.3% |
% Seniors | 14.8% | -2.0% |
% WFH | 19.8% | 661.5% |
% w/ College Degree | 38.8% | 58.4% |
As of the latest ACS Survey released in 2023, Netcong, NJ is a predominantly white area, with 62.6% of the population identifying as white. The white population has shrunk by 20.1% in the last 5 years. The second most common race or ethnicity in Netcong, NJ is hispanic, making up 19.9% of the population. Foreign-born residents account for 21.6% of the population in Netcong, NJ, and this percentage has increased by 47.9% 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 | 62.6% | -20.1% |
% Black | 11.9% | 197.5% |
% Hispanic | 19.9% | 59.2% |
% Asian | 0.4% | -89.5% |
% Foreign Born | 21.6% | 47.9% |
Mortgage and Risk — Netcong, NJ
According to HUD data as of 2023, there were 59 mortgage originations in Netcong, NJ, of which 71.0% of loans were conventional mortgages. The average loan-to-value was 63.0%, with 27.0% above 90% LTV (very high). This implies large mortgage risk in Netcong, NJ. Investor activity is low, as 5.0% of loans were by investors. 17.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 59 |
% Conventional Loans | 71.0% |
% Government Loans | 29.0% |
% Investor Loans | 5.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 17.0% |
Loan Activity
Rentals and Section 8 — Netcong, NJ
Netcong, NJ lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 45 |
Total Units Section 8 | 45 |
% Rentals under Section 8 | 5.5% |
% Occupied Section 8 | 99.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | -$160 | $1,700 | $1,540 |
| 2 Bedroom | -$440 | $2,300 | $1,860 |
| 3 Bedroom | N/A | N/A | $2,340 |
| 4 Bedroom | N/A | N/A | $2,660 |
Affordability — Netcong, NJ
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 4.3 |
| Median Home Price | $473,000 |
| Median Household Income | $92,600 |