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Fort Lee, NJ

Full City Profile · New Jersey · New York County County

3.8 /5.0
B+ Good
39,818 Population 15,801/sq mi density
$105,535 Median Income $65,753 per capita
$422,200 Home Value $575,834 Zillow
$2,255 Median Rent 30.4% income on rent
56°F Avg Temperature 275 sunny days/yr
66 Violent Crime/100K 849 property/100K
B+
Overall
3.8 / 5.0
Good overall score based on economy, affordability, safety and education
A+
Economy
4.8 / 5.0
$105,535 median income, 3.1% unemployment
A
Affordability
4.4 / 5.0
$422,200 home value, $2,255/mo rent
F
Safety
1.0 / 5.0
66 violent crimes/100K
A+
Education
5.0 / 5.0
64.8% bachelor's degree or higher

Housing Overview

Median Home Value
$422,200
50% above
US avg: $281,900
Median Rent
$2,255/mo
94% above
US avg: $1,163/mo
Homeownership Rate
57.5%
12% below US avg (65.4%)
Total Housing Units
19,634
Median year built: 1970

Home Value by Source

Census Median
$422,200
Zillow (ZHVI)
$575,834
Median Sale Price
$392,500
Median List Price
$395,000
Census ACS, Zillow ZHVI, Redfin median sale price

Ownership vs. Renting

57.5%
Owner-Occupied
42.5%
Renter-Occupied
58%
43%
US avg: 65.4% owner-occupied

Fair Market Rents (HUD FY2026)

Studio
$1,599/mo
1 Bedroom
$1,759/mo
2 Bedroom
$2,132/mo
3 Bedroom
$2,658/mo
4 Bedroom
$3,005/mo
Census median rent: $2,255/mo · Zillow rent: $3,144/mo

Market Indicators (Redfin)

Median Days on Market
121 days
Sale-to-List Ratio
1.0%
Buyers market
Homes Sold
38
Price Drops
8.3%
of listings with price reduction
Price Per Sq Ft
$468
Active Inventory
216
homes for sale

Affordability & Housing Stock

Rent Burden
30.4%
of renters spending 30%+ of income on housing
2% below US avg (31.0%)
Median Year Built
1970
Average age of housing stock: 56 years
Homeownership Rate
57.5%

Complete Housing Data

Home Values

Census Median Value$422,200
Zillow Home Value (ZHVI)$575,834
Median Sale Price$392,500
Median List Price$395,000
Price Per Sq Ft$468

Rent

Census Median Rent$2,255
Zillow Rent (ZORI)$3,144
FMR Studio$1,599
FMR 1-Bedroom$1,759
FMR 2-Bedroom$2,132
FMR 3-Bedroom$2,658
FMR 4-Bedroom$3,005

Market

Days on Market121
Sale-to-List Ratio1.0%
Price Drops8.3%
Homes Sold38
Active Inventory216
Price Per Sq Ft$468

Ownership & Stock

Owner-Occupied57.5%
Renter-Occupied42.5%
Homeownership Rate57.5%
Total Housing Units19,634
Median Year Built1970
Rent Burden30.4%