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Roselle borough, NJ

ZIP 07203 — Housing & Real Estate

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

Middle ClassLow Snow Area

Home values, rent, tenure, and housing stock

Housing & Real Estate in ZIP Code 07203

Median Home Value
$336,500
Median Rent
$1,406
Affordability Snapshot
$93,000
Est. income to buy

Household income needed for a median home under a 20% down / 6.8% illustrative mortgage model (~$2,162/mo PITI).

20%
Rent-to-Income Ratio

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

4.1x
Home Price-to-Income Ratio

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

19.9 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 07203 in Roselle borough, NJ, a household would need roughly $93,000 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 $2,162. That is roughly in line with the local median household income ($82,967). 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
51.8%-21% vs US avg
x
Vacancy Rate
2.7%-74% vs US avg
x
Broadband Access
91.9%+6% vs US avg
x
4+ Bedrooms
2.9%-80% vs US avg
x
Built Pre-1939
9.4%-26% vs US avg
x
Built Post-2014
0.8%-89% vs US avg
x
Rent Burden >30%
19.4%-61% vs US avg
x
Mortgage-Free
30.2%-21% vs US avg
x
$336,500
Home Value
$1,406
Rent
1955
Year Built
2014
Moved In

Residents have lived here since ~2014 on average

Housing Structure

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

  • 1-unit detached50.0%
  • 1-unit attached3.8%
  • 2-9 units28.9%
  • 10+ units17.1%
  • Mobile home & other0.2%

Housing & Real Estate key statistics

Housing statistics
Housing
Median home value$336,500
Median rent$1,406
Owner-occupied51.8%
Vacant2.7%
Price-to-income4.1x
Est. income to buy$93,000