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Ho-Ho-Kus borough, NJ

ZIP 07423 — 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 07423

Median Home Value
$1,032,800
Median Rent
$1,961
Affordability Snapshot
$284,000
Est. income to buy

Household income needed for a median home under a 20% down / 6.8% illustrative mortgage model (~$6,634/mo PITI).

9%
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.

43.9 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 07423 in Ho-Ho-Kus borough, NJ, a household would need roughly $284,000 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 $6,634. That is roughly in line with the local median household income ($250,001). Rates, taxes, insurance, and HOA fees vary — treat this as a planning estimate, not a lender quote.

Housing Tenure

Owner-occupied majority; balanced tenure mix.

Heating Fuel
Housing Metrics
Owner Occupied
91.0%+39% vs US avg
x
Vacancy Rate
7.0%-32% vs US avg
x
Broadband Access
98.4%+13% vs US avg
x
4+ Bedrooms
21.6%+46% vs US avg
x
Built Pre-1939
15.3%+20% vs US avg
x
Built Post-2014
0.8%-88% vs US avg
x
Rent Burden >30%
6.3%-87% vs US avg
x
Mortgage-Free
28.8%-25% vs US avg
x
$1,032,800
Home Value
$1,961
Rent
1958
Year Built
2008
Moved In

Residents have lived here since ~2008 on average

Housing Structure

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

  • 1-unit detached88.8%
  • 1-unit attached4.8%
  • 2-9 units5.7%
  • 10+ units0.7%
  • Mobile home & other0.0%

Housing & Real Estate key statistics

Housing statistics
Housing
Median home value$1,032,800
Median rent$1,961
Owner-occupied91.0%
Vacant7.0%
Price-to-income4.1x
Est. income to buy$284,000