Hudson County, New Jersey Housing Market
In Hudson County, New Jersey, the median home value is $539,700, with a median monthly rent of $1,894. This places Hudson County at #107 nationally out of 3134 counties by median home value, and #5 within New Jersey.
📈 Price Trend (2017 → 2024)
📊 Recent Market Momentum (FHFA HPI)
FHFA House Price Index — All-Transactions, Annual (2000 = 100) · Latest: 2025
📍 Economic Snapshot
Employment & Wages
- Avg weekly wage: $1,953
- Establishments: 19,453
- BLS QCEW, 2025
Housing Supply
- Single-family: 248
- Multi-family: 3,104
- U.S. Census Bureau, Building Permits Survey
Migration Patterns
- Inflow: 302,961 (avg $100,143)
- Outflow: 299,213 (avg $102,836)
- IRS Statistics of Income
📍 Sub-Market Activity
Top 10 active ZIP codes in Hudson County · Latest: 2025
| # | ZIP Code | HPI | YoY Change | Latest Year |
|---|---|---|---|---|
| 1 | 07093 | 365.1 | — | 2025 |
| 2 | 07087 | 522.1 | +1.75% | 2025 |
| 3 | 07306 | 582.6 | +11.77% | 2025 |
| 4 | 07047 | 342.5 | +16.28% | 2025 |
| 5 | 07302 | 480.6 | +7.30% | 2025 |
| 6 | 07032 | 317.7 | +11.12% | 2025 |
| 7 | 07002 | 321.2 | +12.37% | 2025 |
| 8 | 07305 | 391.7 | +2.72% | 2025 |
| 9 | 07094 | 324.2 | +13.12% | 2025 |
| 10 | 07307 | 584.4 | -1.52% | 2025 |
Source: FHFA HPI for Five-Digit ZIP Codes (All-Transactions Index, 2000 = 100).
This product uses FHFA Data but is neither endorsed nor certified by FHFA.
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💰 Mortgage Guide → 🧾 Property Tax Data →How Hudson County Compares
| Metric | Hudson County | New Jersey Average | U.S. Average |
|---|---|---|---|
| Median Home Value | $539,700 | $430,014 | $227,706 |
| Median Gross Rent | $1,894 | $1,634 | $968 |
| Owner Occupancy Rate | 30.7% | 68.3% | 73.3% |
| Price/Rent Ratio | 23.7 | 21.6 | 18.7 |
Market Analysis
The median home value in Hudson County is 25.5% above the New Jersey state average and 137.0% above the U.S. national average. The median rent of $1,894/month is 15.9% above the state average.
With a price-to-rent ratio of 23.7, renting is generally more cost-effective than buying in the short to medium term. The market favors buyers only for long-term holds.
Hudson County has an owner-occupancy rate of 30.7%, compared to 68.3% in New Jersey and 73.3% nationally. This indicates a more renter-heavy market than the U.S. average.
Similar Counties by Home Value
| County | State | Median Home Value | Median Rent |
|---|---|---|---|
| Washoe County | Nevada | $539,900 | $1,608 |
| Collier County | Florida | $540,700 | $1,862 |
| Grand County | Utah | $538,700 | $1,118 |
| Utah County | Utah | $538,700 | $1,541 |
| Flathead County | Montana | $535,500 | $1,142 |
Other Counties in New Jersey
| County | Median Home Value | Median Rent | Owner Occ. |
|---|---|---|---|
| Union County | $529,200 | $1,730 | 57.4% |
| Somerset County | $552,100 | $2,033 | 74.3% |
| Essex County | $524,100 | $1,531 | 44.9% |
| Hunterdon County | $517,200 | $1,687 | 85.1% |
| Morris County | $582,500 | $1,904 | 74.3% |
Data Source: U.S. Census Bureau, American Community Survey (ACS) 2024 5-Year Estimates (2017–2024). Variables: B25077 (Median Home Value), B25064 (Median Gross Rent), B25003 (Tenure). Data collected on 2026-10-14. The price-to-rent ratio is calculated as Median Home Value ÷ (Median Monthly Rent × 12).