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Elmwood Park, NJ 07407 Real Estate & Property Data

Elmwood Park, NJ 07407 Real Estate Market Trends

Last Updated: April 27, 2024

A total of 166 residential properties have been sold over the past 12 months in 07407. With a median sales price of $530,000 in 07407 and a total of 4 foreclosures in Elmwood Park, NJ 07407. Discover market trends and get the granular level real estate data for Elmwood Park, NJ 07407 to keep your pulse on the housing market. Curate compelling home reports for Elmwood Park, NJ 07407 from reliable property records is easy using the ATTOM platform as a source for state-of-the-art property reports.

Elmwood Park, NJ 07407 Real Estate Market Trends

Get property data for any address in Elmwood Park, NJ 07407 or the country:

Total Residential Properties 4,917

Total Commercial Properties 213

Avg. Home Age (Single Family Home) 71 Years

Avg. Square Feet (Single Family Home) 1,886

Total 2024 Residential Sales (year-to-date) 19

% of Homes Seriously Underwater (Q2 2024) 0.31%

Total 2023 Residential Sales 170

% of Equity Rich Homes (Q2 2024) 46.56%

Effective 2023 Property Tax 1.73%

Total Foreclosure Filings (year-to-date) 6

Elmwood Park, NJ 07407 Real Estate Overview

There were 166 residential properties sold in the past year in Elmwood Park, NJ 07407. The median home value in Elmwood Park, NJ 07407 is $550,250. There are a total of 4,917 residential properties in the 07407.

Median Sales Price i

$530,000

(Feb 2024)

+8.3%

year-over-year

y-o-y

February '24 Feb '24 $530,000
January '24 Jan '24 $502,500
December '23 Dec '23 $590,000
November '23 Nov '23 $557,500
October '23 Oct '23 $534,500
September '23 Sep '23 $505,000
August '23 Aug '23 $523,500
July '23 Jul '23 $550,000
June '23 Jun '23 $533,000
May '23 May '23 $467,000
April '23 Apr '23 $420,000
March '23 Mar '23 $465,000

Median Down Payment i

$70,000

(Feb 2024)

+25%

year-over-year

y-o-y

February '24 Feb '24 $70,000
January '24 Jan '24 $132,062
December '23 Dec '23 $90,000
November '23 Nov '23 $26,650
October '23 Oct '23 $30,000
September '23 Sep '23 $130,000
August '23 Aug '23 $91,500
July '23 Jul '23 $93,500
June '23 Jun '23 $35,750
May '23 May '23 $50,000
April '23 Apr '23 $40,625
March '23 Mar '23 $95,000

Number of Homes Sold i

10

(Feb 2024)

-28.6%

year-over-year

y-o-y

February '24 Feb '24 10
January '24 Jan '24 9
December '23 Dec '23 15
November '23 Nov '23 12
October '23 Oct '23 12
September '23 Sep '23 17
August '23 Aug '23 11
July '23 Jul '23 13
June '23 Jun '23 18
May '23 May '23 12
April '23 Apr '23 13
March '23 Mar '23 10

Number of Purchase Loans i

9

(Feb 2024)

-10%

year-over-year

y-o-y

February '24 Feb '24 9
January '24 Jan '24 9
December '23 Dec '23 12
November '23 Nov '23 8
October '23 Oct '23 8
September '23 Sep '23 15
August '23 Aug '23 9
July '23 Jul '23 13
June '23 Jun '23 12
May '23 May '23 10
April '23 Apr '23 13
March '23 Mar '23 6

Number of REFI Loans i

9

(Feb 2024)

+50%

year-over-year

y-o-y

February '24 Feb '24 9
January '24 Jan '24 7
December '23 Dec '23 12
November '23 Nov '23 9
October '23 Oct '23 5
September '23 Sep '23 14
August '23 Aug '23 11
July '23 Jul '23 10
June '23 Jun '23 12
May '23 May '23 8
April '23 Apr '23 3
March '23 Mar '23 13

Number of HELOC Loans i

4

(Feb 2024)

+33.3%

year-over-year

y-o-y

February '24 Feb '24 4
January '24 Jan '24 N/A
December '23 Dec '23 2
November '23 Nov '23 3
October '23 Oct '23 2
September '23 Sep '23 5
August '23 Aug '23 4
July '23 Jul '23 4
June '23 Jun '23 4
May '23 May '23 3
April '23 Apr '23 4
March '23 Mar '23 6

Elmwood Park, NJ 07407 Real Estate Market Overview

Last 30 days

Street
Street
Street

1
2

Elmwood Park, NJ 07407 Foreclosure Activity

There were a total of 4 Elmwood Park, NJ 07407 properties with a foreclosure filing in February 2024.

Total Foreclosure Filings i

4

(Feb 2024)

+100%

year-over-year

y-o-y

February '24 Feb '24 4
January '24 Jan '24 2
December '23 Dec '23 3
November '23 Nov '23 3
October '23 Oct '23 1
September '23 Sep '23 N/A
August '23 Aug '23 3
July '23 Jul '23 N/A
June '23 Jun '23 8
May '23 May '23 1
April '23 Apr '23 1
March '23 Mar '23 1

Foreclosure Starts i

2

(Feb 2024)

year-over-year

y-o-y

February '24 Feb '24 2
January '24 Jan '24 1
December '23 Dec '23 2
November '23 Nov '23 1
October '23 Oct '23 N/A
September '23 Sep '23 N/A
August '23 Aug '23 2
July '23 Jul '23 N/A
June '23 Jun '23 6
May '23 May '23 1
April '23 Apr '23 1
March '23 Mar '23 1

Completed Foreclosures (REOs) i

February '24 Feb '24 N/A
January '24 Jan '24 N/A
December '23 Dec '23 N/A
November '23 Nov '23 N/A
October '23 Oct '23 N/A
September '23 Sep '23 N/A
August '23 Aug '23 N/A
July '23 Jul '23 N/A
June '23 Jun '23 N/A
May '23 May '23 N/A
April '23 Apr '23 N/A
March '23 Mar '23 N/A

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