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Harrison town, NJ

ZIP 07029 — Housing & Real Estate

Source: U.S. Census Bureau ACS 2019–2023 5-Year Estimates. Page data updated 2026-08-02.

Middle ClassLow Snow AreaRemote Work Hub

Home values, rent, tenure, and housing stock

Housing & Real Estate in ZIP Code 07029

Median Home Value
$433,100
Median Rent
$1,928
Affordability Snapshot
$119,000
Est. income to buy

Household income needed for a median home under a 20% down / 6.8% illustrative mortgage model (~$2,782/mo PITI).

29%
Rent-to-Income Ratio

Below the 30% threshold — generally affordable for median earners.

5.4x
Home Price-to-Income Ratio

Well above the 3-5x guideline — challenging for first-time buyers.

18.7 yrs
Price-to-Rent Ratio

Years to break even buying vs renting at median home value and rent.

To comfortably buy a median-priced home in ZIP 07029 in Harrison town, NJ, a household would need roughly $119,000 in annual income under a 20% down, 30-year loan at 6.8% (illustrative), keeping housing costs near 28% of income. Estimated monthly PITI is about $2,782. That is about 48% above the local median household income ($80,495), so the median earner would likely stretch or need a larger down payment. Rates, taxes, insurance, and HOA fees vary — treat this as a planning estimate, not a lender quote.

Housing Tenure

Diverse housing tenure.

Heating Fuel
Housing Metrics
Owner Occupied
19.4%-70% vs US avg
x
Vacancy Rate
6.3%-38% vs US avg
x
Broadband Access
90.1%+4% vs US avg
x
4+ Bedrooms
1.7%-89% vs US avg
x
Built Pre-1939
4.0%-69% vs US avg
x
Built Post-2014
5.2%-24% vs US avg
x
Rent Burden >30%
17.2%-65% vs US avg
x
Mortgage-Free
40.0%+5% vs US avg
x
$433,100
Home Value
$1,928
Rent
1979
Year Built
2018
Moved In

Residents have lived here since ~2018 on average

Housing Structure

Census ACS structure types (single-family, multi-unit, etc.).

  • 1-unit detached5.8%
  • 1-unit attached4.1%
  • 2-9 units48.6%
  • 10+ units40.9%
  • Mobile home & other0.5%

Housing & Real Estate key statistics

Housing statistics
Housing
Median home value$433,100
Median rent$1,928
Owner-occupied19.4%
Vacant6.3%
Price-to-income5.4x
Est. income to buy$119,000