Analytics built by: Location, Inc.
Raw data sources: American Community Survey (U.S. Census Bureau), U.S. Department of Housing and Urban Development, Federal Housing Finance Agency.
Methodology: NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more about Scout's Real Estate Data
With 8,635 people, 2,980 houses or apartments, and a median cost of homes of $717,441, real estate costs in North Haledon are among some of the highest in the nation, although house prices here don't compare to real estate prices in the most expensive New Jersey communities.
Single-family detached homes are the single most common housing type in North Haledon, accounting for 85.04% of the borough's housing units. Other types of housing that are prevalent in North Haledon include row houses and other attached homes ( 9.24%), large apartment complexes or high rise apartments ( 3.12%), and a few duplexes, homes converted to apartments or other small apartment buildings ( 2.04%).
Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in North Haledon. Owner-occupied housing accounts for 89.00% of North Haledon's homes, and 80.84% have either three or four bedrooms, which is average sized relative to America.
At the end of World War II, American soldiers returned home triumphant and, with the help of the GI Bill, built homes by the millions on the edges of America's cities. These homes were predominantly capes and ranches, modest in size, but built to house a growing middle-class as the 20th century became the American century. North Haledon's housing was primarily built during this period, from the '40s through the '60s. A full 42.04% of the borough's housing hails from this era. Other housing ages represented in North Haledon include homes built before 1939 ( 22.91%) and housing constructed between 1970-1999 ( 18.01%). There's also some housing in North Haledon built between 2000 and later ( 17.03%).
North Haledon's appreciation rate notably has been below the national average for the last ten years. The average annual home appreciation rate in North Haledon during the period has been just 5.60%, which is lower than 70% of US communities.
NeighborhoodScout's data show that during the latest twelve months, North Haledon's appreciation rate, at 11.50%, has been at or slightly above the national average. In the latest quarter, North Haledon's appreciation rate has been 4.36%, which annualizes to a rate of 18.63%.
Relative to New Jersey, our data show that North Haledon's latest annual appreciation rate is lower than 70% of the other cities and towns in New Jersey.
$717,441
for New jersey
for nation
2,980
$6,612 / per month