07070, Rutherford, NJ

Rutherford, NJ is located in the 7070 zip code. Rutherford has a population of approximately 25,000 people. Rutherford's median household income is $100,000 and its median home value is $225,000. The average home price in the 7070 zip code has increased by over 100% since 2007.

The reason for this increase in home prices is likely due to several factors. First, Rutherford has a low unemployment rate which leads to more demand for homes. Second, the cost of living in Rutherford is relatively low compared to other major cities. Third, there are a limited number of homes available for sale in the 7070 zip code which drives up prices. Finally, many people who live in Rutherford own their homes which adds stability to the housing market and helps to keep prices high.