Fords, NJ—08863
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Fords, NJ
As of Oct '25, the median home price in Fords, NJ is $520,000, with a year-over-year change of 7.0%. This indicates that home prices in Fords, 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 | $520,000 | 7.0% |
| Single Family | $523,000 | 5.9% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $426,000 | 3.4% |
3 Bed | $521,000 | 5.0% |
4 Bed | $585,000 | 4.5% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Fords, NJ
As of July '25, Rentcast reports the average rent in Fords, NJ is $2,780, with a year-over-year rent change of 6.1%. Per bedroom, the median rent as of July '25 in Fords, NJ is 1-bedrooms: $1,970, 2-bedrooms: $2,690, 3-bedrooms: $3,000. The most common rental property sizes in Fords, NJ are 1-bedroom and 2-bedroom, accounting for 41.8% and 40.9% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $2,750 | $2,780 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $1,950 | $1,970 |
| 2 Bed Rent | $2,750 | $2,690 |
| 3 Bed Rent | $2,700 | $3,000 |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Fords, NJ
As of Oct '25, Realtor.com reports that the median days on market for a home in Fords, NJ is 41. This is a decrease of -12.0% 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 5.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $562,000 | -1.0% |
Listing Count | 38 | 13.0% |
| Listings as % of Homes | 0.5% | 13.0% |
Days on Market | 41 | -12.0% |
Demographics — Fords, NJ
As of the latest ACS Survey released in 2023, Fords, NJ has a population of 13,100, which has increased by 3.8% over the past 5 years. Fords, NJ is a moderately popular place for families, as children make up 20.7% 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 11.3% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 13,100 | 3.8% |
% Under 18 | 20.7% | -7.6% |
% Seniors | 14.3% | 5.9% |
% WFH | 11.3% | 564.7% |
% w/ College Degree | 38.8% | 16.9% |
As of the latest ACS Survey released in 2023, Fords, NJ is a predominantly white area, with 44.7% of the population identifying as white. The white population has shrunk by 4.1% in the last 5 years. The second most common race or ethnicity in Fords, NJ is hispanic, making up 22.9% of the population. Foreign-born residents account for 30.1% of the population in Fords, NJ, and this percentage has increased by 1.7% 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 | 44.7% | -4.1% |
% Black | 11.4% | 12.9% |
% Hispanic | 22.9% | -9.1% |
% Asian | 19.0% | 8.6% |
% Foreign Born | 30.1% | 1.7% |
Mortgage and Risk — Fords, NJ
According to HUD data as of 2023, there were 154 mortgage originations in Fords, NJ, of which 72.0% of loans were conventional mortgages. The average loan-to-value was 62.0%, with 27.0% above 90% LTV (very high). This implies large mortgage risk in Fords, NJ. Investor activity is low, as 0.0% 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 | 154 |
% Conventional Loans | 72.0% |
% Government Loans | 28.0% |
% Investor Loans | 0.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 16.0% |
Loan Activity
Rentals and Section 8 — Fords, NJ
Fords, NJ lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 121 |
Total Units Section 8 | 121 |
% Rentals under Section 8 | 8.9% |
% Occupied Section 8 | 98.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | -$140 | $1,950 | $1,810 |
| 2 Bedroom | -$470 | $2,750 | $2,280 |
| 3 Bedroom | $50 | $2,700 | $2,750 |
| 4 Bedroom | N/A | N/A | $3,020 |
Affordability — Fords, NJ
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3.5 |
| Median Home Price | $520,000 |
| Median Household Income | $116,000 |