Oradell, NJ


Highest Appreciating Oradell Neighborhoods Since 2000

Oradell, 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

Oradell Housing Market Information

With a population of 8,218, 2,633 total housing units (homes and apartments), and a median house value of $552,558, real estate costs in Oradell 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.

Oradell is a borough of large, single-family homes. In fact, there is a higher proportion of four, five or more bedroom homes in Oradell than is found in 98% of the communities in America.

Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Oradell. Owner-occupied housing accounts for 89.63% of Oradell's homes, and 76.26% 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. Oradell's housing was primarily built during this period, from the '40s through the '60s. A full 56.25% of the borough's housing hails from this era. Other housing ages represented in Oradell include homes built between 1970-1999 ( 21.29%) and housing constructed before 1939 ( 21.26%). There's also some housing in Oradell built between 2000 and later ( 1.21%).

Oradell Home Appreciation Rates

Real estate appreciation rates in Oradell's have tracked to near the national average over the last then years, with the annual appreciation rate averaging -0.32% during the period.

NeighborhoodScout's data show that during the latest twelve months, Oradell's appreciation rate, at 4.28%, has been at or slightly above the national average. In the latest quarter, Oradell's appreciation rate has been 0.66%, which annualizes to a rate of 2.68%.

Relative to New Jersey, our data show that Oradell's latest annual appreciation rate is higher than 70% of the other cities and towns in New Jersey.

Average Home Values


Median Home Value:


Value Range
> $1,107,000 3.0
$830,001 - $1,107,000 11.5
$554,001 - $830,000 44.7
$443,001 - $554,000 29.7
$332,001 - $443,000 7.8
$221,001 - $332,000 0.3
$111,001 - $221,000 1.3
$56,001 - $111,000 0.7
$0 - $56,000 1.0

High for NJ
Very High for Nation

Value Relative to Nation Value Relative to State
4.69940232040314 20.3252032520325

Number Of Homes And Apartments:

Oradell Appreciation Rates

Time Period Total Appreciation Avg. Annual Rate Compared To
Compared To
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
61.41% 2.81% 7 8
* 10 is highest

Rent & Ownership


Average Market Rent:
$1,868 / per month

Homeownership Rate

Owners 89.63
Renters 10.37
Vacant 3.83

Housing Market Details


Age of Homes

2000 or Newer 1.2
1970 - 1999 21.3
1940 - 1969 56.2
1939 or Older 21.3

Types of Homes

Single-Family 90.4
Townhomes 1.5
Small Apt. Buildings 3.2
Apt. Complexes 4.7
Mobile Homes 0.3
Other 0.0

Home Size

No Bedroom 0.29
1 Bedroom 6.10
2 Bedrooms 4.27
3 Bedrooms 37.29
4 Bedrooms 38.97
5 or more bedrooms 13.08