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  1. Home
  2. /Browse ZIP Codes
  3. /New Jersey
  4. /Clark, NJ - 07066

Clark, NJ—07066

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value
$733,000
0.5% YoY Growth
Household Income
$123,000
22.0% YoY Growth
Days on Market
18
27.0% Longer YoY
Home Price Forecast
2.5%
Median Rent
$3,050
12.5% YoY Growth
1-Bed Rent
$1,880
6.9% YoY Growth
2-Bed Rent
$2,930
14.8% YoY Growth
3-Bed Rent
$3,800
4.9% YoY Growth
  • Home Price Trends
  • Rental Trends
  • Property Listings
  • Demographics
  • Mortgage and Risk

Home Price Trends — Clark, NJ

As of May '26, the median home price in Clark, NJ is $733,000, with a year-over-year change of 0.5%. This indicates that home prices in Clark, NJ are flat. According to Zillow, the 1-year price projection is 2.5%, suggesting an increase housing market in the next year.

Cost per Home Type

Home TypeMedian Home ValueYoY % Change
All Homes
$733,0000.5%
Single Family $745,0000.9%
Condos $416,000-8.2%

Cost per Home Size

Home SizeMedian Home ValueYoY % Change
1 Bed
  • Affordability
  • Rentals and Section 8
  • N/A
    N/A
    2 Bed
    $532,000-0.7%
    3 Bed
    $708,0001.0%
    4 Bed
    $852,0001.8%
    5 Bed $1,098,3700.5%
    Loading chart...

    % of Housing Stock

    Studio
    0.6%
    1 Bedroom
    13.5%
    2 Bedrooms
    15.3%
    3 Bedrooms
    40.0%
    4 Bedrooms
    25.0%
    5+ Bedrooms
    5.7%

    Rental Trends — Clark, NJ

    As of July '25, Rentcast reports the average rent in Clark, NJ is $3,240, with a year-over-year rent change of 12.5%. Per bedroom, the median rent as of July '25 in Clark, NJ is 1-bedrooms: $2,160, 2-bedrooms: $3,250, 3-bedrooms: $3,850, 4-bedrooms: $5,000. The most common rental property sizes in Clark, NJ are 1-bedroom and 2-bedroom, accounting for 46.0% and 38.9% of the rental stock.

    TypeMedian RentAverage Rent
    Average Rent$3,050$3,240
    Studio Rent N/AN/A
    1 Bed Rent $1,880$2,160
    2 Bed Rent $2,930$3,250
    3 Bed Rent $3,800$3,850
    4 Bed Rent $5,000$5,000
    Loading chart...

    % of Rental Stock

    Studio
    2.5%
    1 Bedroom
    46.0%
    2 Bedrooms
    38.9%
    3 Bedrooms
    12.6%

    Property Listings — Clark, NJ

    As of May '26, Realtor.com reports that the median days on market for a home in Clark, NJ is 18. This is a increase of 27.0% 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
    $699,000-11.0%
    Listing Count
    36-6.0%
    Listings as % of Homes0.4%-6.0%
    Days on Market
    1827.0%
    Loading chart...

    Demographics — Clark, NJ

    As of the latest ACS Survey released in 2023, Clark, NJ has a population of 15,400, which has decreased by -1.2% over the past 5 years. Clark, 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 46.4% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 15.6% reporting working from home.

    MetricLatest CensusYoY % Change
    Population
    15,400-1.2%
    % Under 18
    21.6%17.4%
    % Seniors
    22.6%9.2%
    % WFH
    15.6%940.0%
    % w/ College Degree
    46.4%12.6%
    Loading chart...

    As of the latest ACS Survey released in 2023, Clark, NJ is a predominantly white area, with 82.6% of the population identifying as white. The white population has grown by 3.9% in the last 5 years. The second most common race or ethnicity in Clark, NJ is hispanic, making up 9.4% of the population. Foreign-born residents account for 13.6% of the population in Clark, NJ, and this percentage has decreased by 18.1% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.

    Race and Ethnicity

    MetricLatest Census5-Year % Change
    % White
    82.6%3.9%
    % Black
    2.2%57.1%
    % Hispanic
    9.4%-33.3%
    % Asian
    3.9%-11.4%
    % Foreign Born
    13.6%-18.1%
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    Mortgage and Risk — Clark, NJ

    According to HUD data as of 2023, there were 237 mortgage originations in Clark, NJ, of which 93.0% of loans were conventional mortgages. The average loan-to-value was 53.0%, with 11.0% above 90% LTV (elevated). This implies medium mortgage risk in Clark, NJ. Investor activity is low, as 0.0% of loans were by investors. 7.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.

    Mortgages

    MetricZip Code Average
    Total Loan Originations
    237
    % Conventional Loans
    93.0%
    % Government Loans
    7.0%
    % Investor Loans
    0.0%
    % Second Loans
    0.0%
    % Cash Out Refinance
    7.0%
    Loading chart...
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    Rentals and Section 8 — Clark, NJ

    As of 2024, the percent of homes in Clark, NJ under the Section 8 program is 1.0%. 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 Clark, 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
    14
    Total Units Section 8
    14
    % Rentals under Section 8
    1.0%
    % Occupied Section 8
    94.0%

    Section 8 Opportunity

    Home SizeHUD PremiumMarket RentMax HUD Rent
    1 Bedroom-$10$1,880$1,870
    2 Bedroom-$670$2,930$2,260
    3 Bedroom-$950$3,800$2,850
    4 Bedroom-$1,760$5,000$3,240

    Affordability — Clark, NJ

    Home Price to Income Ratio

    MetricZip Code Average
    Home Price to Income Ratio4.6
    Median Home Price$733,000
    Median Household Income$123,000

    Clark, NJ — ZIP Code Boundary Map

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    Nearby ZIP Codes

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    07067

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    07027

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    Cranford, NJ

    07016

    Westfield, NJ

    07090

    Frequently Asked Questions