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  1. Home
  2. /Browse ZIP Codes
  3. /New Jersey
  4. /West New York, NJ - 07093

West New York, NJ—07093

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value
$449,000
2.9% YoY Growth
Household Income
$70,400
28.4% YoY Growth
Days on Market
47
4.0% Shorter YoY
Home Price Forecast
1.7%
Median Rent
$2,750
7.9% YoY Growth
1-Bed Rent
$2,300
2.1% YoY Growth
2-Bed Rent
$3,000
2.8% YoY Growth
3-Bed Rent
$3,950
22.7% YoY Growth
  • Home Price Trends
  • Rental Trends
  • Property Listings
  • Demographics
  • Mortgage and Risk

Home Price Trends — West New York, NJ

As of May '26, the median home price in West New York, NJ is $449,000, with a year-over-year change of 2.9%. This indicates that home prices in West New York, 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
$449,0002.9%
Single Family $584,0001.6%
Condos $375,0000.0%

Cost per Home Size

Home SizeMedian Home ValueYoY % Change
1 Bed
  • Affordability
  • Rentals and Section 8
    • $304,000
    0.0%
    2 Bed
    		$496,0004.2%
    3 Bed
    		$673,0000.3%
    4 Bed
    		N/AN/A
    5 Bed N/AN/A
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    % of Housing Stock

    Studio
    9.5%
    1 Bedroom
    32.2%
    2 Bedrooms
    36.6%
    3 Bedrooms
    18.0%
    4 Bedrooms
    2.6%
    5+ Bedrooms
    1.1%

    Rental Trends — West New York, NJ

    As of July '25, Rentcast reports the average rent in West New York, NJ is $3,130, with a year-over-year rent change of 7.9%. Per bedroom, the median rent as of July '25 in West New York, NJ is studios: $2,240, 1-bedrooms: $2,330, 2-bedrooms: $3,360, 3-bedrooms: $4,440, 4-bedrooms: $4,300. The most common rental property sizes in West New York, NJ are 1-bedroom and 2-bedroom, accounting for 36.5% and 35.6% of the rental stock.

    TypeMedian RentAverage Rent
    Average Rent$2,750$3,130
    Studio Rent $2,000$2,240
    1 Bed Rent $2,300$2,330
    2 Bed Rent $3,000$3,360
    3 Bed Rent $3,950$4,440
    4 Bed Rent $4,500$4,300
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    % of Rental Stock

    Studio
    10.7%
    1 Bedroom
    36.5%
    2 Bedrooms
    35.6%
    3 Bedrooms
    14.9%
    4 Bedrooms
    1.6%
    5+ Bedrooms
    0.7%

    Property Listings — West New York, NJ

    As of May '26, Realtor.com reports that the median days on market for a home in West New York, NJ is 47. This is a decrease of -4.0% 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 13.0%, representing a small inventory and little supply pressure on home prices.

    MetricZip Code AverageYear over Year % Change
    Median Listing Price
    		$359,000-6.0%
    Listing Count
    		20914.0%
    Listings as % of Homes0.4%14.0%
    Days on Market
    		47-4.0%
    Loading chart...

    Demographics — West New York, NJ

    As of the latest ACS Survey released in 2023, West New York, NJ has a population of 63,300, which has remained stable by -0.9% over the past 5 years. West New York, NJ is a moderately popular place for families, as children make up 19.8% of the population. The area has a moderately educated workforce, with 35.3% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 13.4% reporting working from home.

    MetricLatest CensusYoY % Change
    Population
    		63,300-0.9%
    % Under 18
    		19.8%-2.0%
    % Seniors
    		13.2%4.8%
    % WFH
    		13.4%570.0%
    % w/ College Degree
    		35.3%18.5%
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    As of the latest ACS Survey released in 2023, West New York, NJ is a predominantly hispanic area, with 75.0% of the population identifying as hispanic. The hispanic population has grown by 1.4% in the last 5 years. The second most common race or ethnicity in West New York, NJ is white, making up 14.6% of the population. Foreign-born residents account for 57.7% of the population in West New York, NJ, and this percentage has decreased by 2.9% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.

    Race and Ethnicity

    MetricLatest Census5-Year % Change
    % White
    		14.6%-8.8%
    % Black
    		3.3%-2.9%
    % Hispanic
    		75.0%1.4%
    % Asian
    		7.6%15.2%
    % Foreign Born
    		57.7%-2.9%
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    Mortgage and Risk — West New York, NJ

    According to HUD data as of 2023, there were 297 mortgage originations in West New York, NJ, of which 93.0% of loans were conventional mortgages. The average loan-to-value was 70.0%, with 19.0% above 90% LTV (elevated). This implies medium mortgage risk in West New York, NJ. Investor activity is low, as 11.0% of loans were by investors. 6.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.

    Mortgages

    MetricZip Code Average
    Total Loan Originations
    		297
    % Conventional Loans
    		93.0%
    % Government Loans
    		7.0%
    % Investor Loans
    		11.0%
    % Second Loans
    		1.0%
    % Cash Out Refinance
    		6.0%
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    Rentals and Section 8 — West New York, NJ

    As of 2024, the percent of homes in West New York, NJ under the Section 8 program is 11.0%. 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 West New York, 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
    		2,374
    Total Units Section 8
    		2,125
    % Rentals under Section 8
    		11.0%
    % Occupied Section 8
    		97.3%

    Section 8 Opportunity

    Home SizeHUD PremiumMarket RentMax HUD Rent
    1 Bedroom-$470$2,300$1,830
    2 Bedroom-$930$3,000$2,070
    3 Bedroom-$1,380$3,950$2,570
    4 Bedroom-$1,630$4,500$2,870

    Affordability — West New York, NJ

    Home Price to Income Ratio

    MetricZip Code Average
    Home Price to Income Ratio5.6
    Median Home Price$449,000
    Median Household Income$70,400

    West New York, NJ — ZIP Code Boundary Map

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    Nearby ZIP Codes

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    07047

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    Frequently Asked Questions