dynamic.RE
dynamic.RELoading market data
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A market with no active rental pool to price against. The sale-side figures below are the whole picture.
What would change this read: the median listing price is +3.2% YoY. inventory, +59.3% YoY, is the number to watch.
The median listing price is up 3.2% YoY while the median home got down 0.8% bigger, so value per square foot is down 15.0%.
U.S. Census ACS characteristics for ZIP 07062 itself, not its parent county.
Renters hold 36.2% of this ZIP's 4,843 occupied households, on a median household income of $98K.
| Measure | ZIP 07062 | Union County | Difference |
|---|---|---|---|
| Median Household Income | $98K | $103K | -$5K |
| Below Poverty Level | 10.6% | 9.2% | +1.4% |
| Median Age | 35.90 | 39.10 | -3.20 |
| Total Population | 15,399 | 579,290 | -- |
| Avg Household Size | 3.17 | 2.82 | +0.35 |
| Owner-Occupied | 63.8% | 57.4% | +6.4% |
| Worked From Home | 10.6% | 14.2% | -3.6% |
| Mean Commute | 31.30 | 30.20 | +1.10 |
Higher or lower is not itself good or bad — it describes the neighborhood, not the investment.
ZIP-level figures come from ZIP Code Tabulation Areas, which approximate but do not exactly match USPS ZIP codes. A missing value is suppressed or unavailable at this sample size, not zero. Estimates for 2019–2020 use the 2010 ZCTA boundaries and 2021–2024 the 2020 ones, so a step between those two years may be a boundary change rather than real movement.
County population is up 1.2% to 579,290: residents under 18 are up 1.1% and those 65 and over are up 2.9%.
County median household income is $103K, 9.2% of residents are below the poverty level, 14.2% work from home.