Clifton, NJ07011

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value
$562,000
5.4% YoY Growth
Median Household Income
$73,600
27.9% 5-Year Growth
Days on Market
22
15.0% Shorter than last year
Home Price Forecast
1.2%
Median Rent
$2,500
11.8% YoY Growth
1-Bed Rent
$1,750
0.6% YoY Growth
2-Bed Rent
$2,350
7.0% YoY Growth
3-Bed Rent
$2,950
11.0% YoY Growth

Other Zip Codes in Clifton, NJ

Property Listings — Clifton, NJ

As of Oct '25, Realtor.com reports that the median days on market for a home in Clifton, NJ is 22. This is a decrease of -15.0% 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 21.0%, representing a small inventory and little supply pressure on home prices.

MetricZip Code AverageYear over Year % Change
Median Listing Price
$534,0004.0%
Listing Count
29-1.0%
Listings as % of Homes0.2%-1.0%
Days on Market
22-15.0%
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Demographics — Clifton, NJ

As of the latest ACS Survey released in 2023, Clifton, NJ has a population of 38,800, which has decreased by -3.4% over the past 5 years. Clifton, NJ is a moderately popular place for families, as children make up 19.8% of the population. The area has a poorly educated workforce, with 22.5% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 7.2% reporting working from home.

MetricLatest CensusYoY % Change
Population
38,800-3.4%
% Under 18
19.8%-10.4%
% Seniors
15.0%23.0%
% WFH
7.2%380.0%
% w/ College Degree
22.5%6.6%
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As of the latest ACS Survey released in 2023, Clifton, NJ is a predominantly hispanic area, with 55.9% of the population identifying as hispanic. The hispanic population has grown by 1.5% in the last 5 years. The second most common race or ethnicity in Clifton, NJ is white, making up 33.0% of the population. Foreign-born residents account for 43.7% of the population in Clifton, NJ, and this percentage has increased by 7.6% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.

Race and Ethnicity

MetricLatest Census5-Year % Change
% White
33.0%4.8%
% Black
5.9%-28.0%
% Hispanic
55.9%1.5%
% Asian
4.0%-14.9%
% Foreign Born
43.7%7.6%
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Mortgage and Risk — Clifton, NJ

According to HUD data as of 2023, there were 316 mortgage originations in Clifton, NJ, of which 73.0% of loans were conventional mortgages. The average loan-to-value was 63.0%, with 28.0% above 90% LTV (very high). This implies large mortgage risk in Clifton, NJ. Investor activity is low, as 5.0% of loans were by investors. 12.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.

Mortgages

MetricZip Code Average
Total Loan Originations
316
% Conventional Loans
73.0%
% Government Loans
27.0%
% Investor Loans
5.0%
% Second Loans
0.0%
% Cash Out Refinance
12.0%

Loan Activity

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Rentals and Section 8 — Clifton, NJ

As of 2024, the percent of homes in Clifton, NJ under the Section 8 program is 6.1%. This is considered low, suggesting that the neighborhood is sparsely composed of Section 8 homes. Section 8 opportunity is good when HUD pays more than market rent. In Clifton, NJ, none of the tracked home sizes currently have HUD payment amounts above market rent, suggesting limited Section 8 opportunity.

Section 8 Market Size

Total Units under HUD
451
Total Units Section 8
451
% Rentals under Section 8
6.1%
% Occupied Section 8
88.5%

Section 8 Opportunity

Home SizeHUD PremiumMarket RentMax HUD Rent
1 Bedroom-$40$1,750$1,710
2 Bedroom-$390$2,350$1,960
3 Bedroom-$540$2,950$2,410
4 Bedroom-$150$3,200$3,050

Affordability — Clifton, NJ

Home Price to Income Ratio

MetricZip Code Average
Home Price to Income Ratio6.1
Median Home Price$562,000
Median Household Income$73,600

Clifton, NJ — ZIP Code Boundary Map

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Frequently Asked Questions