Haledon, NJ
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




Highest
Lowest

Highest Appreciating Haledon Neighborhoods Since 2000




Haledon, NJ Real Estate Data

Source & Methodology

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.

Date(s) & Update Frequency:
  • Home Values, Rents: Reflects Q1 2017. Updated quarterly.
  • Setting, Housing Stock, Homeownership: 2015 (latest available). Updated annually.

Methodology:   NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more

Haledon Housing Market Information

With a population of 8,451, 2,586 total housing units (homes and apartments), and a median house value of $262,819, Haledon real estate prices are well above average cost compared to national prices.

Duplexes, homes converted to apartments or other small apartment buildings are the single most common housing type in Haledon, accounting for 47.28% of the borough's housing units. Other types of housing that are prevalent in Haledon include single-family detached homes ( 38.67%), large apartment complexes or high rise apartments ( 9.53%), and a few row houses and other attached homes ( 4.53%). Boroughs with mostly row houses, apartments, and other high density housing types are relatively uncommon, and characteristic of compact boroughs that frequently have a downtown or other neighborhoods where amenities are within walking distance and a lot of street life can be seen.

People in Haledon primarily live in small (one, two or no bedroom) units, chiefly found in duplexes, homes converted to apartments or other small apartment buildings. Haledon 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. Haledon's housing was primarily built during this period, from the '40s through the '60s. A full 57.65% of the borough's housing hails from this era. Other housing ages represented in Haledon include homes built before 1939 ( 21.96%) and housing constructed between 1970-1999 ( 16.04%). There's also some housing in Haledon built between 2000 and later ( 4.34%).

Haledon Home Appreciation Rates

Homes have actually lost value in Haledon over the last then years, as home values have seen a decline of 25.04% during the ten year period. In the latest quarter, NeighborhoodScout appreciation rate data shows Haledon home appreciation rates at 0.66%, which equates to an annual appreciation rate of 2.68%.

NeighborhoodScout's data show that during the latest twelve months, Haledon's appreciation rate, at 3.57%, has been at or slightly above the national average. In the latest quarter, Haledon's appreciation rate has been 0.66%, which annualizes to a rate of 2.68%.

Relative to New Jersey, our data show that Haledon's latest annual appreciation rate is higher than 60% of the other cities and towns in New Jersey.

Average Home Values

 

Median Home Value:
$262,819

Haledon, NJ HOME PRICES

Value Range
> $1,051,000 0.6
$788,001 - $1,051,000 0.0
$525,001 - $788,000 0.9
$420,001 - $525,000 9.2
$315,001 - $420,000 20.9
$210,001 - $315,000 42.9
$105,001 - $210,000 22.7
$53,001 - $105,000 0.3
$0 - $53,000 2.5

Low for NJ
High for Nation

Value Relative to Nation Value Relative to State
20.7019805461151 74.7967479674797

Number Of Homes And Apartments:
2,586

Haledon Appreciation Rates

 
Time Period Total Appreciation Avg. Annual Rate Compared To
NJ*
Compared To
America*
Latest Quarter:
2016 Q4 - 2017 Q1
Last 12 Months:
2016 Q1 - 2017 Q1
Last 2 Years:
2015 Q1 - 2017 Q1
Last 5 Years:
2012 Q1 - 2017 Q1
Last 10 Years:
2007 Q1 - 2017 Q1
Since 2000:
2000 Q1 - 2017 Q1
43.55% 2.12% 3 5
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$1,807 / per month

Homeownership Rate

Homeownership
Owners 51.74
Renters 48.26
Vacant 4.86

Housing Market Details

 

Age of Homes

AGE OF Haledon HOMES
2000 or Newer 4.3
1970 - 1999 16.0
1940 - 1969 57.7
1939 or Older 22.0

Types of Homes

TYPE OF Haledon HOMES
Single-Family 38.7
Townhomes 4.5
Small Apt. Buildings 47.3
Apt. Complexes 9.5
Mobile Homes 0.0
Other 0.0

Home Size

SIZE OF Haledon HOMES
No Bedroom 3.27
1 Bedroom 10.56
2 Bedrooms 36.57
3 Bedrooms 36.28
4 Bedrooms 12.44
5 or more bedrooms 0.88