The housing market in 08225 Northfield, NJ is booming. The median value of a house in this area is $304,000, significantly lower than the U.S. average of $338,100. However, the appreciation rate of houses in 08225 Northfield has been much higher than that nationally; over the last year there has been a 16.42% increase, compared to 8.27% across the country as a whole. This indicates that investing in real estate here could be very profitable and it's no wonder why locals are so eager to buy property here!
The median home cost in Northfield (zip 08225) is $304,000. Home appreciation the last 10 years has been 70.7%. Home Appreciation in Northfield (zip 08225) is up 20.3%.
Average Age of Homes
- The median age of Northfield (zip 08225) real estate is 54 years old
The Rental Market in Northfield (zip 08225)
- Renters make up 9.7% of the Northfield (zip 08225) population
- 0.0% of houses and apartments in Northfield (zip 08225), 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.