Caldwell, NJ


Highest Appreciating Caldwell Neighborhoods Since 2000

Caldwell, NJ Real Estate Data

Caldwell Housing Market Information

With 7,948 people, 3,376 houses or apartments, and a median cost of homes of $444,099, real estate costs in Caldwell 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.

Large apartment complexes or high rise apartments are the single most common housing type in Caldwell, accounting for 38.98% of the borough's housing units. Other types of housing that are prevalent in Caldwell include single-family detached homes ( 35.27%), duplexes, homes converted to apartments or other small apartment buildings ( 20.11%), and a few row houses and other attached homes ( 5.63%). This particular housing mix is relatively uncommon and characteristic of boroughs that are compact and walkable, and which often have a lively downtown.

People in Caldwell primarily live in small (one, two or no bedroom) units, chiefly found in large apartment complexes or high rise apartments. Caldwell has a mixture of owner-occupied and renter-occupied housing.

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. Caldwell's housing was primarily built during this period, from the '40s through the '60s. A full 40.91% of the borough's housing hails from this era. Other housing ages represented in Caldwell include homes built before 1939 ( 30.05%) and housing constructed between 1970-1999 ( 23.54%). There's also some housing in Caldwell built between 2000 and later ( 5.50%).

Caldwell Home Appreciation Rates

Caldwell's appreciation rate notably has been below the national average for the last ten years. The average annual home appreciation rate in Caldwell during the period has been just -0.98%, which is lower than 70% of US communities.

Over the last year, Caldwell appreciation rates have trailed the rest of the nation. In the last twelve months, Caldwell's appreciation rate has been -0.30%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Caldwell were at -0.23%, which equates to an annual appreciation rate of -0.90%.

Relative to New Jersey, our data show that Caldwell's latest annual appreciation rate is lower than 80% of the other cities and towns in New Jersey.

One very important thing to keep in mind is that these are average appreciation rates for the borough. Individual neighborhoods within Caldwell differ in their investment potential, sometimes by a great deal. Fortunately, you can use NeighborhoodScout to pinpoint the exact neighborhoods in Caldwell - or in any city or town - that have the best track record of real estate appreciation, by the latest quarter, the last year, 2 years, 5 years, 10 years, or even since 2000, to assist you in making the best Caldwell real estate investment or home purchase decisions.

Average Home Values


Median Home Value:


Value Range
> $1,061,000 0.0
$797,001 - $1,061,000 5.9
$531,001 - $797,000 27.7
$425,001 - $531,000 17.5
$319,001 - $425,000 33.3
$212,001 - $319,000 11.8
$106,001 - $212,000 1.3
$53,001 - $106,000 0.0
$0 - $53,000 2.5

High for NJ
Very High for Nation

Value Relative to Nation Value Relative to State
7.44169694128677 31.5040650406504

Number Of Homes And Apartments:

Rent & Ownership


Average Market Rent:
$1,712 / per month

Homeownership Rate

Owners 45.80
Renters 54.20
Vacant 8.11

Housing Market Details


Age of Homes

2000 or Newer 5.5
1970 - 1999 23.5
1940 - 1969 40.9
1939 or Older 30.0

Types of Homes

Single-Family 35.3
Townhomes 5.6
Small Apt. Buildings 20.1
Apt. Complexes 39.0
Mobile Homes 0.0
Other 0.0

Home Size

No Bedroom 1.47
1 Bedroom 32.12
2 Bedrooms 28.93
3 Bedrooms 19.60
4 Bedrooms 14.04
5 or more bedrooms 3.84

Caldwell Appreciation Rates

Time Period Total Appreciation Avg. Annual Rate Compared To
Compared To
Latest Quarter:
2016 Q3 - 2016 Q4
Last 12 Months:
2015 Q4 - 2016 Q4
Last 2 Years:
2014 Q4 - 2016 Q4
Last 5 Years:
2011 Q4 - 2016 Q4
Last 10 Years:
2006 Q4 - 2016 Q4
Since 2000:
2000 Q1 - 2016 Q4
65.70% 2.97% 8 8
* 10 is highest