07071, Lyndhurst, NJ

The Lyndhurst, NJ zip code 7071 has a median home value of $269,900 and a median home equity of $146,000. This is significantly higher than the national median home value of $177,500 and the national median home equity of $142,000. The Lyndhurst zip code also has a significantly higher percentage of homes with a mortgage than the national average (69% vs. 54%).

There are several factors that may contribute to the high values in the Lyndhurst zip code. First, Lyndhurst is located in an affluent area of New Jersey. Second, there are many luxury homes available in this zip code. Third, there is strong demand for housing in this area due to its proximity to Manhattan and other major cities. Fourth, homeowners in this zip code have been able to keep their homes appreciating over time thanks to low interest rates and stable economic conditions. Finally, there is a high level of household income relative to housing prices in this zip code which may help contribute to overall values.