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 15,904, 6,122 total housing units (homes and apartments), and a median house value of $369,390, real estate costs in North Arlington 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 Arlington, accounting for 42.84% of the borough's housing units. Other types of housing that are prevalent in North Arlington include duplexes, homes converted to apartments or other small apartment buildings ( 38.87%), large apartment complexes or high rise apartments ( 15.31%), and a few row houses and other attached homes ( 2.99%).
People in North Arlington primarily live in small (one, two or no bedroom) single-family detached homes. North Arlington 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. North Arlington's housing was primarily built during this period, from the '40s through the '60s. A full 65.91% of the borough's housing hails from this era. Other housing ages represented in North Arlington include homes built before 1939 ( 23.24%) and housing constructed between 1970-1999 ( 8.37%). There's also some housing in North Arlington built between 2000 and later ( 2.48%).
North Arlington's appreciation rate notably has been below the national average for the last ten years. The average annual home appreciation rate in North Arlington during the period has been just -1.89%, which is lower than 80% of US communities.
Over the last year, North Arlington appreciation rates have trailed the rest of the nation. In the last twelve months, North Arlington's appreciation rate has been 2.86%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in North Arlington were at 0.66%, which equates to an annual appreciation rate of 2.68%.
Relative to New Jersey, our data show that North Arlington's latest annual appreciation rate is lower than 50% of the other cities and towns in New Jersey.
|$815,001 - $1,087,000||1.2|
|$543,001 - $815,000||3.4|
|$435,001 - $543,000||18.9|
|$326,001 - $435,000||46.2|
|$218,001 - $326,000||23.1|
|$109,001 - $218,000||3.1|
|$54,001 - $109,000||0.3|
|$0 - $54,000||2.7|
|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 North Arlington HOMES|
|2000 or Newer||2.5|
|1970 - 1999||8.4|
|1940 - 1969||65.9|
|1939 or Older||23.2|
|TYPE OF North Arlington HOMES|
|Small Apt. Buildings||38.9|
|SIZE OF North Arlington HOMES|
|5 or more bedrooms||2.57|