07604, Hasbrouck Heights, NJ

The 7604 zip code of Hasbrouck Heights, NJ has a median home value of $269,000 and a median home equity of $128,000. This is higher than the statewide median home value of $197,500 and the national median home equity of $146,200. The 7604 zip code also has a lower than average homeownership rate at 54%. This is due in part to the high levels of home equity in this area.

The high levels of home equity in the 7604 zip code are likely due to the strong economy and low levels of unemployment in this area. Additionally, there are many affluent residents living in this zip code who are able to leverage their homes for additional investment opportunities. The strong economy is also contributing to increased demand for housing which is driving up prices across the board.