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Hillsdale borough, NJ

ZIP 07642 — Housing & Real Estate

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

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Home values, rent, tenure, and housing stock

Housing & Real Estate in ZIP Code 07642

Median Home Value
$656,800
Median Rent
$1,406
Affordability Snapshot
$181,000
Est. income to buy

Household income needed for a median home under a 20% down / 6.8% illustrative mortgage model (~$4,219/mo PITI).

10%
Rent-to-Income Ratio

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

3.9x
Home Price-to-Income Ratio

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

38.9 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 07642 in Hillsdale borough, NJ, a household would need roughly $181,000 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 $4,219. That is roughly in line with the local median household income ($169,862). 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
90.3%+38% vs US avg
x
Vacancy Rate
2.5%-76% vs US avg
x
Broadband Access
98.1%+13% vs US avg
x
4+ Bedrooms
10.8%-27% vs US avg
x
Built Pre-1939
1.6%-88% vs US avg
x
Built Post-2014
0.6%-92% vs US avg
x
Rent Burden >30%
23.9%-52% vs US avg
x
Mortgage-Free
31.8%-17% vs US avg
x
$656,800
Home Value
$1,406
Rent
1959
Year Built
2007
Moved In

Residents have lived here since ~2007 on average

Housing Structure

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

  • 1-unit detached84.4%
  • 1-unit attached4.5%
  • 2-9 units8.8%
  • 10+ units2.3%
  • Mobile home & other0.0%

Housing & Real Estate key statistics

Housing statistics
Housing
Median home value$656,800
Median rent$1,406
Owner-occupied90.3%
Vacant2.5%
Price-to-income3.9x
Est. income to buy$181,000