Zip Code:

07059, Warren, NJ

07059 is a New Jersey Zip code within the city of Warren and the county of Somerset County. Its population is roughly 15,689.

Warren's Real Estate Market

Warren, NJ is located in Essex County and has a population of approximately 107,000. The median household income in Warren is $101,000 and the median home value is $269,000. The average home equity in Warren is $128,500.

The average home equity in Warren has increased by 21% since 2007. This increase can be attributed to the low interest rates that have been available during this time period as well as the strong economy. Home values have also increased due to the availability of affordable housing and strong demand from buyers.

There are a number of factors that could cause home values to decrease in Warren. These include a decrease in the economy or an increase in interest rates which would make borrowing more expensive. Additionally, there could be a shortage of homes for sale as a result of increasing demand or development restrictions put into place by local municipalities.

Price Index: Newark, NJ-PA (MSAD)

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