07605, Leonia, NJ

The Leonia, NJ home equity and home prices are reflective of the overall market conditions in the 7605 zip code. The median home value in this area is $269,000, which is below the statewide median of $302,500. However, when compared to other nearby zip codes in Bergen County (including Englewood Cliffs), the Leonia home values are relatively high. In fact, the average home value in the 7605 zip code is $297,000.

There are a number of factors that could contribute to this discrepancy between Leonia home values and those of neighboring zip codes. One potential explanation is that Leonia may be a more affluent community than some of its neighbors. Another possibility is that there may be fewer homes for sale in Leonia than in some other areas of Bergen County. Finally, it's possible that buyers are not yet confident about the future economy and are waiting for better opportunities before making any purchases.

Whatever the reasons may be, it's clear that there is considerable variation within the 7605 zip code when it comes to home equity and home prices. If you're looking to buy or sell a property in this area, it's important to consult with an experienced real estate agent who can help you assess your specific situation and make informed decisions about what might be best for you.