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Preakness, NJ
Full City Profile · New Jersey · Bergen County County
3.7
/5.0
B+
Good
18,538
Population
3,269/sq mi density
$133,168
Median Income
$59,930 per capita
$603,200
Home Value
$641,996 Zillow
$1,946
Median Rent
29.9% income on rent
53°F
Avg Temperature
282 sunny days/yr
146
Violent Crime/100K
3,015 property/100K
B+
Overall
3.7 / 5.0
Good overall score based on economy, affordability, safety and education
A+
Economy
4.8 / 5.0
$133,168 median income, 3.1% unemployment
A
Affordability
4.1 / 5.0
$603,200 home value, $1,946/mo rent
F
Safety
1.0 / 5.0
146 violent crimes/100K
A+
Education
5.0 / 5.0
58.4% bachelor's degree or higher
Housing Overview
Median Home Value
$603,200
114% above
US avg: $281,900
Median Rent
$1,946/mo
67% above
US avg: $1,163/mo
Homeownership Rate
70.0%
7% above US avg (65.4%)
Total Housing Units
6,909
Median year built: 1967
Home Value by Source
Census Median
$603,200
Zillow (ZHVI)
$641,996
Median Sale Price
$585,000
Median List Price
$639,900
Census ACS, Zillow ZHVI, Redfin median sale price
Ownership vs. Renting
70.0%
Owner-Occupied
30.0%
Renter-Occupied
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:
$1,946/mo
Market Indicators (Redfin)
Median Days on Market
118 days
Sale-to-List Ratio
1.0%
Buyers market
Homes Sold
11
Price Drops
9.5%
of listings with price reduction
Price Per Sq Ft
$372
Active Inventory
21
homes for sale
Affordability & Housing Stock
Rent Burden
29.9%
of renters spending 30%+ of income on housing
4% below US avg (31.0%)
Median Year Built
1967
Average age of housing stock: 59 years
Homeownership Rate
70.0%
Complete Housing Data
Home Values
| Census Median Value | $603,200 |
| Zillow Home Value (ZHVI) | $641,996 |
| Median Sale Price | $585,000 |
| Median List Price | $639,900 |
| Price Per Sq Ft | $372 |
Rent
| Census Median Rent | $1,946 |
| 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 Market | 118 |
| Sale-to-List Ratio | 1.0% |
| Price Drops | 9.5% |
| Homes Sold | 11 |
| Active Inventory | 21 |
| Price Per Sq Ft | $372 |
Ownership & Stock
| Owner-Occupied | 70.0% |
| Renter-Occupied | 30.0% |
| Homeownership Rate | 70.0% |
| Total Housing Units | 6,909 |
| Median Year Built | 1967 |
| Rent Burden | 29.9% |