The housing in 07718 Belford, NJ is very valuable. The median value for this area comes in at $455,700 which is significantly higher than the US median value of $338,100. Not only that but the 1 year house appreciation rate in this area also outpaces the national average of 8.27% with a rate of 11.40%. This makes 07718 Belford, NJ an attractive option to buy or invest in real estate as values are likely to appreciate at a faster rate than other areas.
The median home cost in Belford (zip 07718) is $455,700. Home appreciation the last 10 years has been 78.1%. Home Appreciation in Belford (zip 07718) is up 17.5%.
Average Age of Homes
- The median age of Belford (zip 07718) real estate is 58 years old
The Rental Market in Belford (zip 07718)
- Renters make up 9.2% of the Belford (zip 07718) population
- 1.5% of houses and apartments in Belford (zip 07718), 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.