Housing data for Montvale Borough, NJ

Montvale Borough, NJ has an estimated 8,901 residents and 3,290 homes (US Census Bureau, 2020–2024 American Community Survey).

It is a borough in Bergen County.

20.0% of households rent.

The median gross rent is $2,053 a month.

Its population grew measurably since 2015–2019 (+4.9%).

Figures last updated on .

Residents
8,901 (±23)
Housing units
3,290 (±291)
Households that rent
20.0%
Median gross rent
$2,053
Residents since 2015–2019
+4.9%

What stands out in Montvale Borough

Working from home: 31.1% (±6.7 points) in Montvale Borough, higher than in Bergen County (18.5%).

Households without a vehicle: 1.0% (±1.1 points) in Montvale Borough, lower than in Bergen County (7.5%).

Median household income: $178,269 (±$20,952) in Montvale Borough, higher than in Bergen County ($124,884).

Households that rent: 20.0% (±6.4 points) in Montvale Borough, lower than in Bergen County (34.7%).

Housing in Montvale Borough at a glance

Montvale Borough against Bergen County, its state and the nation

Estimate (90% margin of error)
Montvale BoroughBergen CountyNew JerseyUnited States
Residents8,901 (±23)962,316 (exact)9,343,809 (exact)334,922,499
Housing units3,290 (±291)369,613 (±176)3,791,354 (±469)143,775,355
Households that rent20.0% (±6.4 points)34.7% (±0.7 points)36.2% (±0.2 points)34.8%
Median gross rent$2,053 (±$443)$1,914 (±$21)$1,720 (±$7)$1,413
Median household income$178,269 (±$20,952)$124,884 (±$1,735)$103,556 (±$513)$80,734
Median home value$709,700 (±$46,760)$623,000 (±$4,306)$454,400 (±$1,150)$332,700
Median real estate taxes (a year)$10,000 or more$10,000 or more$9,590 (±$25)$3,119
Built before 198065.8% (±12.1 points)73.8% (±1.1 points)62.8% (±0.3 points)49.7%
Average commute32.2 minutes (±3.9)31.2 minutes (±0.4)30.5 minutes (±0.1)26.4 minutes
Households with broadband99.1% (±1.0 points)94.8% (±0.3 points)92.8% (±0.1 points)91.0%
Median age of residents40.1 years (±3.1)42.0 years (±0.2)40.1 years (±0.1)38.9 years

Montvale Borough covers 4.0 square miles of land, about 2,213 residents per square mile (Census Bureau Gazetteer).

How Montvale Borough has changed since 2015–2019

2015–2019 and 2020–2024 American Community Survey 5-year estimates
2015–20192020–2024Amount of changeVerdict
Residents8,489 (±20)8,901 (±23)+4.9%Measurable increase
Housing units2,997 (±135)3,290 (±291)+9.8%Not a measurable change
Median gross rent$1,833 (±$726)$2,053 (±$443)+12.0%No measurable change after inflation
Median home value$619,400 (±$30,228)$709,700 (±$46,760)+14.6%No measurable change after inflation
Median household income$146,708 (±$22,729)$178,269 (±$20,952)+21.5%No measurable change after inflation
Median owner cost with a mortgage$3,747 (±$220)$3,875 (±$287)+3.4%Down after inflation
Households that rent11.7% (±4.1 points)20.0% (±6.4 points)+8.3 percentage pointsMeasurable increase
Rental vacancy rate0.0% (±9.6 points)6.4% (±9.7 points)+6.4 percentage pointsNot a measurable change

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.

Crime reported to police in Montvale Borough

In 2025, the Montvale Police Department reported 30 violent and 941 property crimes per 100,000 residents to the FBI.

ZIP codes in Montvale Borough

ZIP Code Tabulation Areas that cover this place (2020–2024 estimates)
ZIP codeShare of the ZIP’s land in this placeResidentsMedian gross rentMedian home valueMedian household income
07645100%8,901$2,053$709,700$178,269

A ZIP code is a mail route rather than a boundary, so the Census Bureau publishes figures for ZIP Code Tabulation Areas built from census blocks; the share column says how much of each one’s land lies in this place.

Places near Montvale Borough

Nearest places with Census figures, by straight-line distance
PlaceDistanceMedian gross rentMedian home valueHouseholds that rent
Park Ridge Borough1.3 mi$2,257$706,20019.0%
Village of Chestnut Ridge2.1 mi$1,710$720,10023.9%
Woodcliff Lake Borough2.1 mi$1,888$946,40013.7%
Pearl River2.1 mi$1,973$608,20022.6%
Upper Saddle River Borough2.8 mi$3,500 or more$1,108,7008.9%
Saddle River Borough3.2 mi$2,211$2,000,000 or more15.9%
Nanuet3.3 mi$2,308$532,50035.2%
Hillsdale Borough3.3 mi$1,764$677,5007.2%

Places in New Jersey most like Montvale Borough

PlaceMedian gross rentMedian home valueMedian household incomeHouseholds that rent
Ramsey Borough$2,245$697,300$160,99620.8%
Kendall Park$1,928$590,300$165,95815.1%
Cedar Grove Township$1,896$634,000$151,26315.8%
Randolph Township$1,808$670,700$175,00022.2%
Scotch Plains Township$2,060$718,200$183,65521.0%
Woodcliff Lake Borough$1,888$946,400$213,98113.7%

Matched on rent, home value, income, the share who rent, the age of the homes, the share in apartment buildings and the commute, each measured against the spread across New Jersey.

HUD Fair Market Rent for Montvale Borough, fiscal year 2027

Bergen-Passaic, NJ HUD Metro FMR Area, dollars a month
Studio1 bedroom2 bedrooms3 bedrooms4 bedrooms
$1,772$1,987$2,282$2,771$3,497

HUD also publishes a Small Area Fair Market Rent for each ZIP code in the area; the Fair Market Rent page for this place lists its ZIP codes.

HUD income limits for Montvale Borough, fiscal year 2026

Bergen-Passaic, NJ HUD Metro FMR Area, annual household income
Household sizeExtremely low (30%)Very low (50%)Low (80%)
1 person$29,250$48,700$75,900
2 people$33,400$55,650$86,750
3 people$37,600$62,600$97,600
4 people$41,750$69,550$108,400
5 people$45,100$75,150$117,100
6 people$48,450$80,700$125,750
7 people$51,800$86,250$134,450
8 people$55,720$91,850$143,100

These are the limits HUD sets for its housing programs in the Bergen-Passaic, NJ HUD Metro FMR Area, where HUD’s median family income for fiscal year 2026 is $139,100.

A program can use its own limits; tax-credit and local programs often do.

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

Margins of error are at the 90% confidence level.

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Questions about Montvale Borough

What is the average rent in Montvale Borough, NJ?

The Census Bureau publishes the median rather than the average: the median gross rent in Montvale Borough is $2,053 (±$443) a month (2020–2024 American Community Survey), so half of renting households pay less and half pay more.

How much is a two-bedroom apartment in Montvale Borough?

The median gross rent for a two-bedroom home in Montvale Borough, NJ is $1,879 (±$284) a month (2020–2024 American Community Survey).

Are renters in Montvale Borough rent-burdened?

62.1% of renting households in Montvale Borough pay 30% or more of their income in gross rent, the share housing researchers usually call rent-burdened (2020–2024 American Community Survey).

How many renters are there in Montvale Borough?

Montvale Borough has an estimated 624 (±191) renting households, 20.0% of its occupied homes (2020–2024 American Community Survey).

What is the median household income in Montvale Borough?

The median household income in Montvale Borough is $178,269 (±$20,952) a year (2020–2024 American Community Survey).

What is the average home value in Montvale Borough, NJ?

The Census Bureau publishes the median: $709,700 (±$46,760) for owner-occupied homes in Montvale Borough (2020–2024 American Community Survey).

Is Montvale Borough growing?

In Montvale Borough, the number of residents went from 8,489 in 2015–2019 to 8,901 in 2020–2024 (+4.9%), a measurable increase.

What ZIP codes are in Montvale Borough?

The ZIP code that covers Montvale Borough is 07645.

What is the median rent in ZIP code 07645?

The median gross rent in ZIP Code Tabulation Area 07645 is $2,053 (±$443) a month (2020–2024 American Community Survey).

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 Montvale borough, Bergen County, New Jersey (county subdivision:47610, 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 B01003_001E, B01003_001M, B25064_001E, B25064_001M from the 2019 release.

The API needs a free key.

Request a Census API key.

DP05_0001E, DP05_0001M, DP04_0001E, DP04_0001M, DP04_0047PE, DP04_0047PM, DP04_0134E, DP04_0134M, DP03_0062E, DP03_0062M, DP04_0089E, DP04_0089M

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 .

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