07036, Linden, NJ

The Linden, NJ home equity and home prices are very high when compared to other zip codes in the area. The median home value in this zip code is $527,000, which is more than double the median home value of $203,000 for all of Bergen County. Additionally, the average home equity in this zip code is $269,000, which is also significantly higher than the countywide average of $157,000. This suggests that there are a lot of homeowners in Linden who are able to use their homes as collateral for loans and other financial investments.

One possible explanation for these high home values and home equity in Linden could be the presence of a lot of wealthy residents. According to data from Zillow, approximately one-third (33%) of households in Linden have an income above $200,000 annually. Additionally, there are a number of affluent neighborhoods located within close proximity to Linden – such as Saddle River Valley and Hillsdale – which could contribute to the high levels of home values and equity found here.

Despite these high levels of wealth and property values, it's important to keep in mind that not everyone living in Linden enjoys these elevated standards. While many homeowners here have access to ample resources necessary to maintain or increase their property values over time, others may find themselves struggling due to tight credit conditions or limited access to affordable financing options. In any case, it's clear that homeownership rates and house prices in Linden are far above average for most parts of the country.