Home Values

07054 Home Prices & Values

Zillow Home Value Index

The Zillow Home Value Index is the median Zestimate valuation for a given geographic area on a given day. Learn more

$412,000

  • -1.6% 1-year change
  • -1.2% 1-year forecast

The median home value in 07054 is $412,000. 07054 home values have declined -1.6% over the past year and Zillow predicts they will fall -1.2% within the next year. The median list price per square foot in 07054 is None.

Foreclosures will be a factor impacting home values in the next several years. In 07054 0.8 homes are foreclosed (per 10,000). This is lower than the New York Metro value of 2.2 and also lower than the national value of 3.9

With U.S. home values having fallen by more than 20% nationally from their peak in 2007 until their trough in late 2011, many homeowners are now underwater on their mortgages, meaning they owe more than their home is worth. The percent of 07054 homeowners underwater on their mortgage is 7.5%, which is lower than New York Metro at 13.1%.

Read more
Relative ZHVI
- +

07054 Market Overview

Data through Apr 30, 2015
  • $412,000 ZHVI
  • -1.2% 1-yr forecast
    The Zillow Home Value Forecast is Zillow's prediction of what the Zillow Home Value Index will be one year from now. Learn more
    (Apr 30, 2016)
  • No data Median listing price
  • No recent data Median sale price
Your browser doesn't seem to support SVG, this chart cannot be displayed.
View Data Table

We are currently unable to retrieve data matching your current criteria.

loading

07054 Market Health

Data through Apr 30, 2015
  • No recent data Less healthy
  • No data Average days on Zillow
  • 7.5% Homes with negative equity (16.9% US Avg) (Sep 30, 2014)
  • No data Delinquent on mortgage (6.3% US Avg)

Homes foreclosed (per 10,000)

0.8 homes(Mar 31, 2015) 07054
2.2 homes New York Metro
3.9 homes United States
Your browser doesn't seem to support SVG, this chart cannot be displayed.
View Data Table

We are currently unable to retrieve data matching your current criteria.

loading

Nearby Zip Codes

Name Median ZHVI
07046 $649,400
07932 $622,400
07058 $543,400
Name Median ZHVI
07045 $526,200
07936 $462,600
07981 $421,100
Name Median ZHVI
07927 $418,800
07005 $391,700
07034 $260,700

Listings & Sales

  • No data
Your browser doesn't seem to support SVG, this chart cannot be displayed.
View Data Table

We are currently unable to retrieve data matching your current criteria.

loading

07054 Rentals

Data through Apr 30, 2015
  • Zillow Rent Index

  • $2,542 07054
    $2,372 New York Metro
    $1,364 United States

    The Zillow Rent Index is the median Rent Zestimate valuation for a given geographic area on a given day. Learn more

  • 3.1 Breakeven horizon
    The breakeven horizon is the number of years after which buying is more financially advantageous than renting. Learn more
    (Dec 31, 2014)
  • No data Rent list price
  • $1.48 Rent list price / sq ft
Your browser doesn't seem to support SVG, this chart cannot be displayed.
View Data Table

We are currently unable to retrieve data matching your current criteria.

loading