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Oakland, NJ

Full City Profile · New Jersey · Passaic County County

3.9 /5.0
B+ Good
12,700 Population 1,492/sq mi density
$162,862 Median Income $64,120 per capita
$567,200 Home Value $733,416 Zillow
$1,462 Median Rent 35.4% income on rent
52°F Avg Temperature 275 sunny days/yr
38 Violent Crime/100K 408 property/100K
B+
Overall
3.9 / 5.0
Good overall score based on economy, affordability, safety and education
A+
Economy
4.8 / 5.0
$162,862 median income, 3.4% unemployment
A+
Affordability
4.7 / 5.0
$567,200 home value, $1,462/mo rent
F
Safety
1.0 / 5.0
38 violent crimes/100K
A+
Education
5.0 / 5.0
54.4% bachelor's degree or higher

Housing Overview

Median Home Value
$567,200
101% above
US avg: $281,900
Median Rent
$1,462/mo
26% above
US avg: $1,163/mo
Homeownership Rate
91.8%
40% above US avg (65.4%)
Total Housing Units
4,705
Median year built: 1960

Home Value by Source

Census Median
$567,200
Zillow (ZHVI)
$733,416
Median Sale Price
$731,000
Median List Price
$714,900
Census ACS, Zillow ZHVI, Redfin median sale price

Ownership vs. Renting

91.8%
Owner-Occupied
8.2%
Renter-Occupied
92%
8%
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: $1,462/mo

Market Indicators (Redfin)

Median Days on Market
109 days
Sale-to-List Ratio
1.0%
Buyers market
Homes Sold
6
Price Drops
7.1%
of listings with price reduction
Price Per Sq Ft
$394
Active Inventory
14
homes for sale

Affordability & Housing Stock

Rent Burden
35.4%
of renters spending 30%+ of income on housing
14% above US avg (31.0%)
Median Year Built
1960
Average age of housing stock: 66 years
Homeownership Rate
91.8%

Complete Housing Data

Home Values

Census Median Value$567,200
Zillow Home Value (ZHVI)$733,416
Median Sale Price$731,000
Median List Price$714,900
Price Per Sq Ft$394

Rent

Census Median Rent$1,462
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 Market109
Sale-to-List Ratio1.0%
Price Drops7.1%
Homes Sold6
Active Inventory14
Price Per Sq Ft$394

Ownership & Stock

Owner-Occupied91.8%
Renter-Occupied8.2%
Homeownership Rate91.8%
Total Housing Units4,705
Median Year Built1960
Rent Burden35.4%