What is the median home value in Elmwood Park Borough, NJ?

The median value of owner-occupied homes in Elmwood Park Borough, NJ is $483,700 (±$25,000), as owners estimated it in the Census Bureau’s 2020–2024 American Community Survey.

In Elmwood Park Borough, the median home value went from $362,700 in 2015–2019 to $483,700 in 2020–2024 (+33.4%).

Prices (CPI-U) rose 22.7% over the same years, so it rose faster than prices: a measurable increase after inflation.

Figures last updated on .

Median home value
$483,700 (±$25,000)
Owner-occupied homes
4,289 (±447)
Most common range
$500,000 to $999,999

Home values in Elmwood Park Borough

Owner-occupied homes by value, 2020–2024
ValueElmwood Park BoroughBergen CountyNew JerseyUnited States
Less than $50,0003.7% (±3.2 points)1.9%2.5%5.3%
$50,000 to $99,9993.2% (±2.3 points)1.2%1.8%6.1%
$100,000 to $149,9990.0% (±1.0 points)0.8%2.2%6.8%
$150,000 to $199,9991.6% (±1.2 points)1.2%4.3%9.0%
$200,000 to $299,9995.4% (±2.2 points)3.7%12.9%17.8%
$300,000 to $499,99940.2% (±5.5 points)24.0%34.2%26.9%
$500,000 to $999,99945.0% (±6.4 points)53.3%34.5%20.9%
$1,000,000 or more1.0% (±1.5 points)14.0%7.6%7.1%

The most common range is $500,000 to $999,999, 45.0% of owned homes.

Value is the owner’s own estimate of what the home and lot would sell for, not a sale price or an assessment.

Elmwood Park Borough against Bergen County, its state and the nation

Estimate (90% margin of error)
Elmwood Park BoroughBergen CountyNew JerseyUnited States
Median home value$483,700 (±$25,000)$623,000 (±$4,306)$454,400 (±$1,150)$332,700
Owner-occupied homes4,289 (±447)232,025 (±2,535)2,239,128 (±10,678)84,210,142

In Elmwood Park Borough, the median home value is lower than in Bergen County ($623,000).

It is also higher than in New Jersey ($454,400).

It is higher than the national figure ($332,700).

In Bergen County, Elmwood Park Borough ranks 61 of 69 places with a published estimate, from highest to lowest median home value.

Statewide, it ranks 234 of 561.

Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.

How home values in Elmwood Park Borough have changed since 2015–2019

2015–2019 and 2020–2024 American Community Survey 5-year estimates
2015–20192020–2024Amount of changeVerdict
Median home value$362,700 (±$8,429)$483,700 (±$25,000)+33.4%Up after inflation
Median owner cost with a mortgage$2,699 (±$82)$3,088 (±$196)+14.4%Down after inflation
Median real estate taxes$9,211 (±$224)$9,924 (±$568)+7.7%Down after inflation

The Census Bureau publishes 2015–2019 dollars in 2019 dollars and 2020–2024 dollars in 2024 dollars.

Prices (the CPI-U, US Bureau of Labor Statistics) rose 22.7% between 2019 and 2024, so a dollar figure’s verdict compares the two after raising the earlier one by that much, using the Census Bureau’s test for a difference.

The two periods do not overlap, as the Census Bureau recommends for 5-year estimates.

Median home value in places near Elmwood Park Borough

Nearest places with a published estimate, compared with Elmwood Park Borough
PlaceDistanceMedian home valueCompared with this place
Elmwood Park Borough—$483,700 (±$25,000)—
Saddle Brook Township1.4 mi$503,400 (±$31,981)Not measurably different
Garfield1.8 mi$475,500 (±$19,756)Not measurably different
Fair Lawn Borough2.2 mi$564,700 (±$19,505)Higher
Rochelle Park Township2.2 mi$498,500 (±$46,416)Not measurably different
Paterson2.4 mi$360,100 (±$11,010)Lower
Lodi Borough2.7 mi$475,000 (±$22,731)Not measurably different
Maywood Borough2.9 mi$533,500 (±$31,365)Higher
Passaic3.3 mi$429,900 (±$22,327)Lower

Nearby places with a measurably lower figure: Paterson, NJ ($360,100), Passaic, NJ ($429,900).

Nearby places with a measurably higher figure: Fair Lawn Borough, NJ ($564,700), Maywood Borough, NJ ($533,500).

Distance is measured in a straight line between the Census Bureau’s internal points for each place.

Median home value across Bergen County, place by place

RankPlaceMedian home value
55Saddle Brook Township$503,400 (±$31,981)
56Bogota Borough$501,600 (±$38,597)
57Rochelle Park Township$498,500 (±$46,416)
58Dumont Borough$497,400 (±$27,321)
59Ridgefield Park Village$496,700 (±$32,437)
60Bergenfield Borough$491,500 (±$17,279)
61Elmwood Park Borough$483,700 (±$25,000)
62Garfield$475,500 (±$19,756)
63Lodi Borough$475,000 (±$22,731)
64North Arlington Borough$474,500 (±$16,335)
65East Rutherford Borough$458,100 (±$32,915)
66Fort Lee Borough$448,000 (±$44,780)
67Moonachie Borough$445,800 (±$45,603)

Showing 13 of 69 places in Bergen County, ranked from highest to lowest.

Survey years: 2020–2024 (American Community Survey 5-year estimates), compared with 2015–2019.

Margins of error are at the 90% confidence level.

What you can do on Seayora in Elmwood Park Borough

One account for renting, owning, managing and fixing homes, with these figures beside you.

Own or manage a rental?

List it, sign the lease and collect rent online, with the figures for Elmwood Park Borough beside you.

Create a landlord account · See what landlords get

Looking for a place to rent?

Browse homes for rent near Elmwood Park Borough, save the ones you like and apply online.

Browse rentals · Create a renter account

Do repairs, renovations or maintenance?

Get found by owners and renters near Elmwood Park Borough, and send estimates and invoices from your phone.

Join as a pro · Find a pro

Questions about Elmwood Park Borough

What is the average home value in Elmwood Park Borough, NJ?

The Census Bureau publishes the median: $483,700 (±$25,000) for owner-occupied homes in Elmwood Park Borough (2020–2024 American Community Survey).

Have home values in Elmwood Park Borough gone up?

In Elmwood Park Borough, the median home value went from $362,700 in 2015–2019 to $483,700 in 2020–2024 (+33.4%).

Prices (CPI-U) rose 22.7% over the same years, so it rose faster than prices: a measurable increase after inflation.

Is this what homes in Elmwood Park Borough sell for?

No: it is the value owners reported, which tends to lag the market; recent sale prices and an appraisal answer that question.

Sources

To check these figures in the Census Bureau’s own API, request the variables below from the 2024 ACS 5-year data profile (acs/acs5/profile) for Elmwood Park borough, Bergen County, New Jersey (county subdivision:21300, in state:34 county:003).

Each estimate (E or PE) has a margin of error beside it (M or PM).

The 2015–2019 figures are B25077_001E, B25077_001M, B25088_002E, B25088_002M, B25103_001E, B25103_001M from the 2019 release.

The API needs a free key.

Request a Census API key.

DP04_0089E, DP04_0089M, DP04_0046E, DP04_0046M, DP04_0081PE, DP04_0081PM, DP04_0082PE, DP04_0082PM, DP04_0083PE, DP04_0083PM, DP04_0084PE, DP04_0084PM, DP04_0085PE, DP04_0085PM, DP04_0086PE, DP04_0086PM, DP04_0087PE, DP04_0087PM, DP04_0088PE, DP04_0088PM

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.

Figures are published by the US Census Bureau, HUD, the Bureau of Labor Statistics and the FBI; Seayora reproduces them and does not adjust them, except where a sentence says it compares dollar figures after inflation. They describe the whole place, not any one building or street, and are not an appraisal, a rent determination, a tax bill, a safety rating or legal advice.

Figures last updated on .

Related