US5.com
  1. Home
  2. States
  3. New Jersey
  4. ZIP 07068
  5. Housing & Real Estate
Roseland borough, NJ

ZIP 07068 — Housing & Real Estate

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

Wealthy AreaLow Snow AreaRemote Work Hub

Home values, rent, tenure, and housing stock

Housing & Real Estate in ZIP Code 07068

Median Home Value
$640,600
Median Rent
$3,124
Affordability Snapshot
$176,000
Est. income to buy

Household income needed for a median home under a 20% down / 6.8% illustrative mortgage model (~$4,115/mo PITI).

23%
Rent-to-Income Ratio

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

4.0x
Home Price-to-Income Ratio

Within the typical 3-5x range for home affordability.

17.1 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 07068 in Roseland borough, NJ, a household would need roughly $176,000 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 $4,115. That is roughly in line with the local median household income ($160,644). Rates, taxes, insurance, and HOA fees vary — treat this as a planning estimate, not a lender quote.

Housing Tenure

Mostly owner-occupied, low vacancy — stable housing market.

Heating Fuel
Housing Metrics
Owner Occupied
81.3%+24% vs US avg
x
Vacancy Rate
1.0%-90% vs US avg
x
Broadband Access
92.2%+6% vs US avg
x
4+ Bedrooms
6.4%-57% vs US avg
x
Built Pre-1939
2.5%-80% vs US avg
x
Built Post-2014
0.0%
x
Rent Burden >30%
24.6%-51% vs US avg
x
Mortgage-Free
27.8%-27% vs US avg
x
$640,600
Home Value
$3,124
Rent
1977
Year Built
2011
Moved In

Residents have lived here since ~2011 on average

Housing Structure

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

  • 1-unit detached59.1%
  • 1-unit attached25.6%
  • 2-9 units7.8%
  • 10+ units7.5%
  • Mobile home & other0.0%

Housing & Real Estate key statistics

Housing statistics
Housing
Median home value$640,600
Median rent$3,124
Owner-occupied81.3%
Vacant1.0%
Price-to-income4.0x
Est. income to buy$176,000