Marmora, NJ—08223
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Marmora, NJ
As of Oct '25, the median home price in Marmora, NJ is $484,000, with a year-over-year change of 4.2%. This indicates that home prices in Marmora, NJ are increasing. According to Zillow, the 1-year price projection is 3.2%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $484,000 | 4.2% |
| Single Family | $529,000 | 3.1% |
| 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 | $506,000 | 3.9% |
4 Bed | $620,000 | 3.0% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Marmora, NJ
As of July '25, Rentcast reports the average rent in Marmora, NJ is $3,500, with a year-over-year rent change of 59.1%. Per bedroom, the median rent as of July '25 in Marmora, NJ is 3-bedrooms: $3,500, 4-bedrooms: $3,500. The most common rental property sizes in Marmora, NJ are 2-bedroom and 3-bedroom, accounting for 60.4% and 28.9% 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 | $3,500 | $3,500 |
% of Rental Stock
Property Listings — Marmora, NJ
As of Oct '25, Realtor.com reports that the median days on market for a home in Marmora, NJ is 55. This is a increase of 100.0% 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 24.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $487,000 | -45.0% |
Listing Count | 17 | -7.0% |
| Listings as % of Homes | 0.5% | -7.0% |
Days on Market | 55 | 100.0% |
Demographics — Marmora, NJ
As of the latest ACS Survey released in 2023, Marmora, NJ has a population of 4,060, which has decreased by -2.9% over the past 5 years. Marmora, NJ is a moderately popular place for families, as children make up 21.6% of the population. The area has a highly educated workforce, with 49.8% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 8.1% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 4,060 | -2.9% |
% Under 18 | 21.6% | 13.7% |
% Seniors | 34.4% | 62.3% |
% WFH | 8.1% | 268.2% |
% w/ College Degree | 49.8% | 18.3% |
As of the latest ACS Survey released in 2023, Marmora, NJ is a predominantly white area, with 86.4% of the population identifying as white. The white population has shrunk by 11.3% in the last 5 years. The second most common race or ethnicity in Marmora, NJ is hispanic, making up 4.5% of the population. Foreign-born residents account for 1.1% of the population in Marmora, NJ, and this percentage has decreased by 8.3% 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 | 86.4% | -11.3% |
% Black | 0.9% | -10.0% |
% Hispanic | 4.5% | 350.0% |
% Asian | 1.1% | 266.7% |
% Foreign Born | 1.1% | -8.3% |
Mortgage and Risk — Marmora, NJ
According to HUD data as of 2023, there were 73 mortgage originations in Marmora, NJ, of which 95.0% of loans were conventional mortgages. The average loan-to-value was 46.0%, with 11.0% above 90% LTV (elevated). This implies medium mortgage risk in Marmora, NJ. Investor activity is low, as 7.0% of loans were by investors. 11.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 73 |
% Conventional Loans | 95.0% |
% Government Loans | 5.0% |
% Investor Loans | 7.0% |
% Second Loans | 3.0% |
% Cash Out Refinance | 11.0% |
Loan Activity
Rentals and Section 8 — Marmora, NJ
Marmora, NJ lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | N/A |
Total Units Section 8 | N/A |
% Rentals under Section 8 | N/A |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $1,460 |
| 2 Bedroom | N/A | N/A | $1,920 |
| 3 Bedroom | -$930 | $3,500 | $2,570 |
| 4 Bedroom | -$920 | $3,500 | $2,580 |
Affordability — Marmora, NJ
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 4 |
| Median Home Price | $484,000 |
| Median Household Income | $100,000 |