West New York, New Jersey Real Estate Market Analysis

dynamic.RE

West New York, New Jersey

1 ZIP in this city:07093

Market Hotness

Hotness Rank

Hotness Score

Supply Score

Demand Score

DOM vs US

-3.3%

Faster

Price vs US

84%

Below avg

Median Listing Price

$359K

Population

63,758

Households

25,656

Median Days on Market

Active Listings

175

New Listings

Housing Market

Pricing

Median Listing Price

$359K-9.1% YoY

Average Listing Price

$486K-4.7% YoY

Price per Sq Ft

$3840.0% YoY

Median Sq Ft

977-11.2% YoY

Inventory

Active Listings

175+27.7% YoY

New Listings

44-8.3% YoY

Total Listings

230+18.6% YoY

Buyer Competition

Pending Listings

58-3.3% YoY

Pending Ratio

0.33-24.3% YoY

Median Days on Market

54+10.2% YoY

Price Reduced

14.3%+16.5% YoY

Units & Occupancy

2024 Occupancy

321Kunits

Occupied299,68293.4%
Vacant21,2776.6%

2024 Tenure

300Koccupied

Owner92,07430.7%
Renter207,60869.3%

Renter Share

69.3%+0.7% YoY

Total Housing Units

320,959+1.2% YoY

FY2026 Fair Market Rent — Hudson County

HUD government estimate (40th percentile) — not actual market asking rent.

Studio

$2,407

/month

1 BR

$2,458

/month

2 BR

$2,763

/month

3 BR

$3,367

/month

4 BR

$3,955

/month

FMR Trends — Hudson County

Source: HUD Fair Market Rents

ZIP Profile

U.S. Census ACS characteristics rolled up across the ZIP Code Tabulation Areas in this area, not the parent county.

Population & Age

Total Population

63,758+0.7% YoY

2024 Age Mix

64Kresidents

Under 1812,52419.6%
Adults 18–6442,93267.3%
65 & Over8,30213.0%

Age Composition Over Time2019–2024

Population growth (first year = 100)

Share of population (change in pp)

Under 18Adults 18–6465 & Over

Median Age

37.70+0.8% YoY

Population Under 18

12,524-0.3% YoY

Population 65 & Over

8,302-0.6% YoY

Households & Mobility

Total Households

25,656+0.2% YoY

Household Types

--Not reported for this area (ACS).

Avg Household Size

2.48+0.4% YoY

2024 Residential Mobility

of residents

Same house88.3%
Moved (within US)9.5%
Other2.2%

Veterans

0.9%-18.2% YoY

Income & Poverty

Median Household Income

$73K+4.0% YoY

Per-Capita Income

$42K+6.2% YoY

Mean Household Income

$105K+6.9% YoY

Below Poverty Level

19.3%-3.5% YoY

Commuting

2024 Commute Mode

of workers

Drove alone30.4%
Public transit34.2%
Worked from home14.8%
Other20.6%

Worked From Home

14.8%+10.4% YoY

Mean Commute

35.20-2.2% YoY

Units & Tenure

Total Housing Units

27,212-0.9% YoY

2024 Occupancy

27Kunits

Occupied25,65694.3%
Vacant1,5565.7%

2024 Tenure

26Khouseholds

Owner6,77426.4%
Renter18,88273.6%

Avg Household Size — Owner

2.34+0.9% YoY

Avg Household Size — Renter

2.54+0.8% YoY

County Demographics

Median Age

35.82024

Population

Hudson County Population

736,185+2.1% YoY

Households

Total Households

299,682+1.4% YoY

Household Types

--Not reported for this area (ACS).

Avg Household Size

2.37-0.4% YoY

Age

2024 Age Mix

718Kresidents

Under 18141,99419.8%
Adults 18–64485,53667.6%
65 & Over90,79312.6%

Age Composition Over Time2017–2024

Population growth (first year = 100)

Share of population (change in pp)

Under 18Adults 18–6465 & Over

Population Under 18

141,994-0.2% YoY

Population 65 & Over

90,793+2.7% YoY

Median Age

35.800.0% YoY

Mobility & Veterans

2024 Residential Mobility

of residents

Same house88.0%
Moved (within US)10.5%
Other1.5%

Veterans

1.7%-5.6% YoY

County Economy

Income

Median Household Income

$92K+2.0% YoY

Per-Capita Income

$56K+3.9% YoY

Mean Household Income

$136K+3.8% YoY

Poverty

Below Poverty Level

14.9%+0.7% YoY

Transportation to Work

2024 Commute Mode

of workers

Drove alone32.9%
Public transit31.3%
Worked from home20.6%
Other15.2%

Worked From Home

20.6%+12.6% YoY

Mean Commute

35.40-0.3% YoY

West New York, New Jersey

1 ZIP in this city:07093

Market Hotness

Hotness Rank

Hotness Score

Supply Score

Demand Score

DOM vs US

-3.3%

Faster

Price vs US

84%

Below avg

Median Listing Price

$359K

Population

63,758

Households

25,656

Median Days on Market

Active Listings

175

New Listings

Housing Market

Pricing

Median Listing Price

$359K-9.1% YoY

Average Listing Price

$486K-4.7% YoY

Price per Sq Ft

$3840.0% YoY

Median Sq Ft

977-11.2% YoY

Inventory

Active Listings

175+27.7% YoY

New Listings

44-8.3% YoY

Total Listings

230+18.6% YoY

Buyer Competition

Pending Listings

58-3.3% YoY

Pending Ratio

0.33-24.3% YoY

Median Days on Market

54+10.2% YoY

Price Reduced

14.3%+16.5% YoY

Units & Occupancy

2024 Occupancy

321Kunits

Occupied299,68293.4%
Vacant21,2776.6%

2024 Tenure

300Koccupied

Owner92,07430.7%
Renter207,60869.3%

Renter Share

69.3%+0.7% YoY

Total Housing Units

320,959+1.2% YoY

FY2026 Fair Market Rent — Hudson County

HUD government estimate (40th percentile) — not actual market asking rent.

Studio

$2,407

/month

1 BR

$2,458

/month

2 BR

$2,763

/month

3 BR

$3,367

/month

4 BR

$3,955

/month

FMR Trends — Hudson County

Source: HUD Fair Market Rents

ZIP Profile

U.S. Census ACS characteristics rolled up across the ZIP Code Tabulation Areas in this area, not the parent county.

Population & Age

Total Population

63,758+0.7% YoY

2024 Age Mix

64Kresidents

Under 1812,52419.6%
Adults 18–6442,93267.3%
65 & Over8,30213.0%

Age Composition Over Time2019–2024

Population growth (first year = 100)

Share of population (change in pp)

Under 18Adults 18–6465 & Over

Median Age

37.70+0.8% YoY

Population Under 18

12,524-0.3% YoY

Population 65 & Over

8,302-0.6% YoY

Households & Mobility

Total Households

25,656+0.2% YoY

Household Types

--Not reported for this area (ACS).

Avg Household Size

2.48+0.4% YoY

2024 Residential Mobility

of residents

Same house88.3%
Moved (within US)9.5%
Other2.2%

Veterans

0.9%-18.2% YoY

Income & Poverty

Median Household Income

$73K+4.0% YoY

Per-Capita Income

$42K+6.2% YoY

Mean Household Income

$105K+6.9% YoY

Below Poverty Level

19.3%-3.5% YoY

Commuting

2024 Commute Mode

of workers

Drove alone30.4%
Public transit34.2%
Worked from home14.8%
Other20.6%

Worked From Home

14.8%+10.4% YoY

Mean Commute

35.20-2.2% YoY

Units & Tenure

Total Housing Units

27,212-0.9% YoY

2024 Occupancy

27Kunits

Occupied25,65694.3%
Vacant1,5565.7%

2024 Tenure

26Khouseholds

Owner6,77426.4%
Renter18,88273.6%

Avg Household Size — Owner

2.34+0.9% YoY

Avg Household Size — Renter

2.54+0.8% YoY

County Demographics

Median Age

35.82024

Population

Hudson County Population

736,185+2.1% YoY

Households

Total Households

299,682+1.4% YoY

Household Types

--Not reported for this area (ACS).

Avg Household Size

2.37-0.4% YoY

Age

2024 Age Mix

718Kresidents

Under 18141,99419.8%
Adults 18–64485,53667.6%
65 & Over90,79312.6%

Age Composition Over Time2017–2024

Population growth (first year = 100)

Share of population (change in pp)

Under 18Adults 18–6465 & Over

Population Under 18

141,994-0.2% YoY

Population 65 & Over

90,793+2.7% YoY

Median Age

35.800.0% YoY

Mobility & Veterans

2024 Residential Mobility

of residents

Same house88.0%
Moved (within US)10.5%
Other1.5%

Veterans

1.7%-5.6% YoY

County Economy

Income

Median Household Income

$92K+2.0% YoY

Per-Capita Income

$56K+3.9% YoY

Mean Household Income

$136K+3.8% YoY

Poverty

Below Poverty Level

14.9%+0.7% YoY

Transportation to Work

2024 Commute Mode

of workers

Drove alone32.9%
Public transit31.3%
Worked from home20.6%
Other15.2%

Worked From Home

20.6%+12.6% YoY

Mean Commute

35.40-0.3% YoY