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Clifton, NJ—07011

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value
$580,000
1.5% YoY Growth
Household Income
$73,600
27.9% YoY Growth
Days on Market
19
10.0% Longer YoY
Home Price Forecast
1.7%
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

070140701207013
  • Home Price Trends
  • Rental Trends
  • Property Listings
  • Demographics
  • Mortgage and Risk

Home Price Trends — Clifton, NJ

As of May '26, the median home price in Clifton, NJ is $580,000, with a year-over-year change of 1.5%. This indicates that home prices in Clifton, 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 TypeMedian Home ValueYoY % Change
All Homes
$580,0001.5%
Single Family $583,0001.6%
Condos N/AN/A

Cost per Home Size

Home SizeMedian Home ValueYoY % Change
1 Bed

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  • Affordability
  • Rentals and Section 8
    • N/A
    N/A
    2 Bed
    		$495,0002.1%
    3 Bed
    		$584,0003.2%
    4 Bed
    		$621,0002.6%
    5 Bed N/AN/A
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    % of Housing Stock

    Studio
    3.6%
    1 Bedroom
    16.0%
    2 Bedrooms
    39.9%
    3 Bedrooms
    29.9%
    4 Bedrooms
    7.6%
    5+ Bedrooms
    3.0%

    Rental Trends — Clifton, NJ

    As of July '25, Rentcast reports the average rent in Clifton, NJ is $2,550, with a year-over-year rent change of 11.8%. Per bedroom, the median rent as of July '25 in Clifton, NJ is studios: $1,800, 1-bedrooms: $1,760, 2-bedrooms: $2,440, 3-bedrooms: $2,930, 4-bedrooms: $3,440. The most common rental property sizes in Clifton, NJ are 2-bedroom and 1-bedroom, accounting for 48.9% and 25.0% of the rental stock.

    TypeMedian RentAverage Rent
    Average Rent$2,500$2,550
    Studio Rent $1,700$1,800
    1 Bed Rent $1,750$1,760
    2 Bed Rent $2,350$2,440
    3 Bed Rent $2,950$2,930
    4 Bed Rent $3,200$3,440
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    % of Rental Stock

    Studio
    6.7%
    1 Bedroom
    25.0%
    2 Bedrooms
    48.9%
    3 Bedrooms
    17.6%
    4 Bedrooms
    1.6%
    5+ Bedrooms
    0.2%

    Property Listings — Clifton, NJ

    As of May '26, Realtor.com reports that the median days on market for a home in Clifton, NJ is 19. This is a increase of 10.0% 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 11.0%, representing a small inventory and little supply pressure on home prices.

    MetricZip Code AverageYear over Year % Change
    Median Listing Price
    		$575,0009.0%
    Listing Count
    		3617.0%
    Listings as % of Homes0.2%17.0%
    Days on Market
    		1910.0%
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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%
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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 Ratio6.2
    Median Home Price$580,000
    Median Household Income$73,600

    Clifton, NJ — ZIP Code Boundary Map

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    Nearby ZIP Codes

    Paterson, NJ

    07503

    Paterson, NJ

    07513

    Passaic, NJ

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    Clifton, NJ

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    Paterson, NJ

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    Frequently Asked Questions