East Rutherford, NJ—07073
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — East Rutherford, NJ
As of Nov '25, the median home price in East Rutherford, NJ is $618,000, with a year-over-year change of 4.7%. This indicates that home prices in East Rutherford, NJ are increasing. According to Zillow, the 1-year price projection is 1.2%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $618,000 | 4.7% |
| Single Family | $654,000 | 4.3% |
| Condos | $468,000 | 9.1% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $495,000 | 4.2% |
3 Bed | N/A | N/A |
4 Bed | N/A | N/A |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — East Rutherford, NJ
As of July '25, Rentcast reports the average rent in East Rutherford, NJ is $2,640, with a year-over-year rent change of 3.1%. Per bedroom, the median rent as of July '25 in East Rutherford, NJ is studios: $2,570, 1-bedrooms: $2,280, 2-bedrooms: $2,700, 3-bedrooms: $3,120. The most common rental property sizes in East Rutherford, NJ are 2-bedroom and 1-bedroom, accounting for 51.1% and 33.7% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $2,650 | $2,640 |
| Studio Rent | $2,700 | $2,570 |
| 1 Bed Rent | $2,140 | $2,280 |
| 2 Bed Rent | $2,500 | $2,700 |
| 3 Bed Rent | $3,100 | $3,120 |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — East Rutherford, NJ
As of Nov '25, Realtor.com reports that the median days on market for a home in East Rutherford, NJ is 31. This is a decrease of -22.0% 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 0.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $629,000 | 4.0% |
Listing Count | 4 | -31.0% |
| Listings as % of Homes | 0.2% | -31.0% |
Days on Market | 31 | -22.0% |
Demographics — East Rutherford, NJ
As of the latest ACS Survey released in 2023, East Rutherford, NJ has a population of 10,200, which has increased by 7.3% over the past 5 years. East Rutherford, NJ is a moderately popular place for families, as children make up 17.4% of the population. The area has a moderately educated workforce, with 45.0% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 15.4% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 10,200 | 7.3% |
% Under 18 | 17.4% | -3.9% |
% Seniors | 14.1% | -14.0% |
% WFH | 15.4% | 1,183.3% |
% w/ College Degree | 45.0% | 5.4% |
As of the latest ACS Survey released in 2023, East Rutherford, NJ is a predominantly white area, with 48.4% of the population identifying as white. The white population has shrunk by 6.7% in the last 5 years. The second most common race or ethnicity in East Rutherford, NJ is hispanic, making up 25.4% of the population. Foreign-born residents account for 32.6% of the population in East Rutherford, NJ, and this percentage has decreased by 0.9% 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 | 48.4% | -6.7% |
% Black | 4.3% | -32.8% |
% Hispanic | 25.4% | 8.5% |
% Asian | 20.4% | 22.2% |
% Foreign Born | 32.6% | -0.9% |
Mortgage and Risk — East Rutherford, NJ
According to HUD data as of 2023, there were 65 mortgage originations in East Rutherford, NJ, of which 83.0% of loans were conventional mortgages. The average loan-to-value was 65.0%, with 29.0% above 90% LTV (very high). This implies large mortgage risk in East Rutherford, NJ. Investor activity is low, as 3.0% of loans were by investors. 5.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 65 |
% Conventional Loans | 83.0% |
% Government Loans | 17.0% |
% Investor Loans | 3.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 5.0% |
Rentals and Section 8 — East Rutherford, NJ
East Rutherford, NJ lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 259 |
Total Units Section 8 | 259 |
% Rentals under Section 8 | 9.1% |
% Occupied Section 8 | 96.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | -$270 | $2,140 | $1,870 |
| 2 Bedroom | -$350 | $2,500 | $2,150 |
| 3 Bedroom | -$450 | $3,100 | $2,650 |
| 4 Bedroom | N/A | N/A | $3,350 |
Affordability — East Rutherford, NJ
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 5.7 |
| Median Home Price | $618,000 |
| Median Household Income | $91,800 |