Zip 07052 (West Orange, NJ) Housing

The housing market in West Orange, NJ (Zipcode 07052) is currently thriving. According to recent statistics, the median value of a house in this area is $521,600 - significantly higher than the US median value of $338,100. This number reflects an impressive 10.07% appreciation rate for homes in West Orange over the past year, compared to the US average of 8.27%. This high level of growth has made West Orange an attractive destination for buyers and investors alike.

The median home cost in West Orange (zip 07052) is $521,600. Home appreciation the last 10 years has been 66.2%. Home Appreciation in West Orange (zip 07052) is up 13.9%.

Average Age of Homes

- The median age of West Orange (zip 07052) real estate is 59 years old

The Rental Market in West Orange (zip 07052)

- Renters make up 30.0% of the West Orange (zip 07052) population
- 1.1% of houses and apartments in West Orange (zip 07052), are available to rent

DID YOU KNOW

Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.

Median Monthly Rent by Number of Bedrooms

Housing by Year Built

Housing	West Orange, New Jersey	United States
	17,868.0	139,647,020.0
	66	42
	$521,600	$338,100
	13.9%	16.6%
	43.7%	57.0%
	66.2%	101.1%
	$29.15	$10.98
	$10,001	$2,690
	68.3%	57.4%
	5.0%	11.2%
	26.7%	31.4%
Vacant Housing
	1.1%	1.9%
	0.2%	0.4%
	0.2%	0.7%
	0.7%	0.4%
	0.3%	3.6%
	2.5%	4.1%
Value of Owner-Occupied Housing
	0.7%	2.6%
	0.7%	2.4%
	0.3%	2.8%
	0.0%	3.9%
	0.0%	4.5%
	0.7%	11.3%
	3.5%	13.0%
	10.7%	20.1%
	29.1%	13.6%
	24.7%	8.3%
	21.9%	9.7%
	5.4%	3.9%
	1.9%	2.2%
	0.0%	0.8%
	0.5%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	3.1%	13.6%
	3.1%	13.6%
	7.1%	13.6%
	6.3%	13.2%
	7.5%	14.8%
	7.1%	13.6%
	24.7%	10.0%
	10.8%	4.7%
	26.0%	12.2%

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