Englewood Cliffs, NJ—07632
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Englewood Cliffs, NJ
As of Oct '25, the median home price in Englewood Cliffs, NJ is $1,675,000, with a year-over-year change of 5.6%. This indicates that home prices in Englewood Cliffs, NJ are increasing. According to Zillow, the 1-year price projection is 1.6%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $1,675,000 | 5.6% |
| Single Family | $1,673,000 | 5.8% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | N/A | N/A |
3 Bed | N/A | N/A |
4 Bed | $1,591,000 | 5.9% |
| 5 Bed | $2,345,000 | 4.6% |
% of Housing Stock
Rental Trends — Englewood Cliffs, NJ
As of July '25, Rentcast reports the average rent in Englewood Cliffs, NJ is $5,400, with a year-over-year rent change of -17.7%. Per bedroom, the median rent as of July '25 in Englewood Cliffs, NJ is 1-bedrooms: $1,350, 2-bedrooms: $2,850, 3-bedrooms: $4,290, 4-bedrooms: $6,040. The most common rental property sizes in Englewood Cliffs, NJ are 4-bedroom and 3-bedroom, accounting for 43.1% and 29.1% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $5,400 | $5,400 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $1,350 | $1,350 |
| 2 Bed Rent | $2,850 | $2,850 |
| 3 Bed Rent | $5,000 | $4,290 |
| 4 Bed Rent | $5,750 | $6,040 |
% of Rental Stock
Property Listings — Englewood Cliffs, NJ
As of Oct '25, Realtor.com reports that the median days on market for a home in Englewood Cliffs, NJ is 46. This is a decrease of -1.0% from last year, suggesting that homes are sitting on the market about the same amount of time 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 | $3,700,000 | 19.0% |
Listing Count | 23 | -8.0% |
| Listings as % of Homes | 1.2% | -8.0% |
Days on Market | 46 | -1.0% |
Demographics — Englewood Cliffs, NJ
As of the latest ACS Survey released in 2023, Englewood Cliffs, NJ has a population of 5,330, which has decreased by -2.2% over the past 5 years. Englewood Cliffs, NJ is a moderately popular place for families, as children make up 21.4% of the population. The area has a highly educated workforce, with 76.9% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 20.5% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 5,330 | -2.2% |
% Under 18 | 21.4% | -8.9% |
% Seniors | 21.2% | -18.1% |
% WFH | 20.5% | 318.4% |
% w/ College Degree | 76.9% | 18.9% |
As of the latest ACS Survey released in 2023, Englewood Cliffs, NJ is a predominantly asian area, with 44.2% of the population identifying as asian. The asian population has grown by 7.0% in the last 5 years. The second most common race or ethnicity in Englewood Cliffs, NJ is white, making up 42.8% of the population. Foreign-born residents account for 46.0% of the population in Englewood Cliffs, NJ, and this percentage has increased by 1.8% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 42.8% | -10.3% |
% Black | 1.8% | 28.6% |
% Hispanic | 7.8% | 5.4% |
% Asian | 44.2% | 7.0% |
% Foreign Born | 46.0% | 1.8% |
Mortgage and Risk — Englewood Cliffs, NJ
According to HUD data as of 2023, there were 74 mortgage originations in Englewood Cliffs, NJ, of which 100.0% of loans were conventional mortgages. The average loan-to-value was 57.0%, with 0.0% above 90% LTV (normal). This implies small mortgage risk in Englewood Cliffs, NJ. Investor activity is low, as 4.0% of loans were by investors. 8.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 74 |
% Conventional Loans | 100.0% |
% Government Loans | 0.0% |
% Investor Loans | 4.0% |
% Second Loans | 1.0% |
% Cash Out Refinance | 8.0% |
Loan Activity
Rentals and Section 8 — Englewood Cliffs, NJ
As of 2024, the percent of homes in Englewood Cliffs, NJ under the Section 8 program is 0.6%. 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. 1-bedroom units appear to be good home sizes to consider for Section 8 housing in Englewood Cliffs, NJ, because HUD payments exceed market rent, while 2-bedroom and 3-bedroom and 4-bedroom units do not.
Section 8 Market Size
Total Units under HUD | 2 |
Total Units Section 8 | 2 |
% Rentals under Section 8 | 0.6% |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $980 | $1,350 | $2,330 |
| 2 Bedroom | -$170 | $2,850 | $2,680 |
| 3 Bedroom | -$1,710 | $5,000 | $3,290 |
| 4 Bedroom | -$1,580 | $5,750 | $4,170 |
Affordability — Englewood Cliffs, NJ
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 6.5 |
| Median Home Price | $1,675,000 |
| Median Household Income | $222,000 |