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
With a population of 12,227, 4,471 total housing units (homes and apartments), and a median house value of $423,199, real estate costs in Hasbrouck Heights 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 Hasbrouck Heights, accounting for 67.33% of the borough's housing units. Other types of housing that are prevalent in Hasbrouck Heights include duplexes, homes converted to apartments or other small apartment buildings ( 15.83%), large apartment complexes or high rise apartments ( 12.23%), and a few row houses and other attached homes ( 3.54%).
Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Hasbrouck Heights. Owner-occupied housing accounts for 66.09% of Hasbrouck Heights's homes, and 64.93% 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. Hasbrouck Heights's housing was primarily built during this period, from the '40s through the '60s. A full 60.25% of the borough's housing hails from this era. Other housing ages represented in Hasbrouck Heights include homes built before 1939 ( 25.48%) and housing constructed between 1970-1999 ( 9.32%). There's also some housing in Hasbrouck Heights built between 2000 and later ( 4.95%).
Hasbrouck Heights's appreciation rate notably has been below the national average for the last ten years. The average annual home appreciation rate in Hasbrouck Heights during the period has been just -1.38%, which is lower than 80% of US communities.
NeighborhoodScout's data show that during the latest twelve months, Hasbrouck Heights's appreciation rate, at 3.61%, has been at or slightly above the national average. In the latest quarter, Hasbrouck Heights's appreciation rate has been 0.66%, which annualizes to a rate of 2.68%.
Relative to New Jersey, our data show that Hasbrouck Heights's latest annual appreciation rate is higher than 60% of the other cities and towns in New Jersey.
|$814,001 - $1,085,000||3.6|
|$542,001 - $814,000||20.7|
|$434,001 - $542,000||26.1|
|$325,001 - $434,000||34.7|
|$217,001 - $325,000||10.4|
|$108,001 - $217,000||1.4|
|$54,001 - $108,000||0.0|
|$0 - $54,000||3.1|
|Value Relative to Nation||Value Relative to State|
|Time Period||Total Appreciation||Avg. Annual Rate||
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
2000 Q1 - 2017 Q1
|* 10 is highest|
|AGE OF Hasbrouck Heights HOMES|
|2000 or Newer||4.9|
|1970 - 1999||9.3|
|1940 - 1969||60.2|
|1939 or Older||25.5|
|TYPE OF Hasbrouck Heights HOMES|
|Small Apt. Buildings||15.8|
|SIZE OF Hasbrouck Heights HOMES|
|5 or more bedrooms||2.35|