Saddle Brook, NJ

Population: 13,895
Average annual home appreciation rate: 2.48%
Total of homes for sale in this market: 159
Median home price: $393,041
Median Rent: $1,704 per room
Home price range: 39.05% of homes are between $309,001 – $411,000
Median sales price: $419,898
Number of homes: 85
Median foreclosure sales price: Still gathering data
Foreclosure discount: Still gathering data
Most common home type: 62.90% of homes are SINGLE FAMILY DETACHED
Number of vacant homes: 2.29%
Number of renters: 31.63%
Number of owner occupied: 68.37%
Number people living below poverty level: 7.15%
Unemployment rate: 4.70%
Is this area perfect for real estate deals going on right now? With the history of positive appreciation in the Saddle Brook area, a rental property (based on the much higher than average rental rates) could be a profitable investment for the savvy buy and hold investor.

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