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Northern Valley Regional

Learn about the people, housing, costs and businesses in Northern Valley Regional, New Jersey

Median Home$850,035
Median Rent$2,647/month
Population38,437
Leading IndustriesTransportation · Construction · Agriculture & Mining3% transportation
Home Value Growth⬆⬆⬆+23.7% over 2 years
Retirees20% of residentsnear the national average
Homeowners87% of occupied units
NotableHigh Incomes$193k/year · top 3% nationally
NotableHighly Educated25% hold a bachelor's degree · top 20% nationally
Northern Valley Regional
NJ

Explore Northern Valley Regional

Real local data across mortgage, insurance, natural hazard, and place.

Frequently Asked Questions

What are today's mortgage rates in Northern Valley Regional?

As of today, the 30-year fixed mortgage rate for Northern Valley Regional is approximately 6.783% (6.815% APR). Rates vary based on your credit score, loan type, down payment, and other factors. Safe Rate updates rates daily using live investor pricing.

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What is the median home price in Northern Valley Regional?

The median home value in Northern Valley Regional is $850k. The median monthly rent is $2,647. Annual property taxes average $10k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Northern Valley Regional?

Home values in Northern Valley Regional have increased 23.7% over the past two years. This indicates a strong appreciation trend. This data is sourced from the Federal Housing Finance Agency (FHFA) House Price Index.

How much income do you need to buy a home in Northern Valley Regional?

Based on a typical all-in ownership cost of $3,250/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $139k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Northern Valley Regional is $193k/year.

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What industries drive the economy in Northern Valley Regional?

The largest employment sectors in Northern Valley Regional are public administration (24%) and retail (11%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.