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Woodland Park borough, NJ

ZIP 07424 — Housing & Real Estate

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

Upper Middle ClassLow Snow AreaRemote Work Hub

Home values, rent, tenure, and housing stock

Housing & Real Estate in ZIP Code 07424

Median Home Value
$477,300
Median Rent
$1,659
Affordability Snapshot
$131,000
Est. income to buy

Household income needed for a median home under a 20% down / 6.8% illustrative mortgage model (~$3,066/mo PITI).

19%
Rent-to-Income Ratio

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

4.6x
Home Price-to-Income Ratio

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

24.0 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 07424 in Woodland Park borough, NJ, a household would need roughly $131,000 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 $3,066. That is about 26% above the local median household income ($104,122), 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

Owner-occupied majority; balanced tenure mix.

Heating Fuel
Housing Metrics
Owner Occupied
66.5%+2% vs US avg
x
Vacancy Rate
2.6%-75% vs US avg
x
Broadband Access
95.2%+9% vs US avg
x
4+ Bedrooms
2.4%-84% vs US avg
x
Built Pre-1939
6.9%-46% vs US avg
x
Built Post-2014
0.4%-94% vs US avg
x
Rent Burden >30%
23.5%-53% vs US avg
x
Mortgage-Free
40.3%+5% vs US avg
x
$477,300
Home Value
$1,659
Rent
1963
Year Built
2010
Moved In

Residents have lived here since ~2010 on average

Housing Structure

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

  • 1-unit detached43.4%
  • 1-unit attached8.4%
  • 2-9 units33.3%
  • 10+ units14.9%
  • Mobile home & other0.0%

Housing & Real Estate key statistics

Housing statistics
Housing
Median home value$477,300
Median rent$1,659
Owner-occupied66.5%
Vacant2.6%
Price-to-income4.6x
Est. income to buy$131,000