US5.com
  1. Home
  2. States
  3. New Jersey
  4. ZIP 07605
  5. Housing & Real Estate
Leonia borough, NJ

ZIP 07605 — Housing & Real Estate

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

Upper Middle ClassLow Snow Area

Home values, rent, tenure, and housing stock

Housing & Real Estate in ZIP Code 07605

Median Home Value
$634,500
Median Rent
$1,909
Affordability Snapshot
$175,000
Est. income to buy

Household income needed for a median home under a 20% down / 6.8% illustrative mortgage model (~$4,076/mo PITI).

20%
Rent-to-Income Ratio

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

5.5x
Home Price-to-Income Ratio

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

27.7 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 07605 in Leonia borough, NJ, a household would need roughly $175,000 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 $4,076. That is about 52% above the local median household income ($115,476), 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
69.5%+6% vs US avg
x
Vacancy Rate
6.0%-42% vs US avg
x
Broadband Access
97.3%+12% vs US avg
x
4+ Bedrooms
6.8%-54% vs US avg
x
Built Pre-1939
16.0%+25% vs US avg
x
Built Post-2014
0.5%-93% vs US avg
x
Rent Burden >30%
30.1%-40% vs US avg
x
Mortgage-Free
38.4%+0% vs US avg
x
$634,500
Home Value
$1,909
Rent
1946
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 detached60.8%
  • 1-unit attached7.7%
  • 2-9 units17.2%
  • 10+ units14.1%
  • Mobile home & other0.3%

Housing & Real Estate key statistics

Housing statistics
Housing
Median home value$634,500
Median rent$1,909
Owner-occupied69.5%
Vacant6.0%
Price-to-income5.5x
Est. income to buy$175,000