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Totowa, NJ

Full City Profile · New Jersey · Essex County County

3.5 /5.0
B+ Good
10,919 Population 2,730/sq mi density
$114,177 Median Income $48,899 per capita
$507,700 Home Value $641,996 Zillow
$1,703 Median Rent 30.0% income on rent
53°F Avg Temperature 282 sunny days/yr
139 Violent Crime/100K 1,544 property/100K
B+
Overall
3.5 / 5.0
Good overall score based on economy, affordability, safety and education
A+
Economy
4.9 / 5.0
$114,177 median income, 3.0% unemployment
A
Affordability
4.2 / 5.0
$507,700 home value, $1,703/mo rent
F
Safety
1.0 / 5.0
139 violent crimes/100K
A
Education
4.0 / 5.0
37.9% bachelor's degree or higher

Housing Overview

Median Home Value
$507,700
80% above
US avg: $281,900
Median Rent
$1,703/mo
46% above
US avg: $1,163/mo
Homeownership Rate
76.1%
16% above US avg (65.4%)
Total Housing Units
3,860
Median year built: 1956

Home Value by Source

Census Median
$507,700
Zillow (ZHVI)
$641,996
Median Sale Price
$760,000
Median List Price
$699,999
Census ACS, Zillow ZHVI, Redfin median sale price

Ownership vs. Renting

76.1%
Owner-Occupied
23.9%
Renter-Occupied
76%
24%
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: $1,703/mo

Market Indicators (Redfin)

Median Days on Market
66 days
Sale-to-List Ratio
1.0%
Buyers market
Homes Sold
7
Price Drops
13.3%
of listings with price reduction
Price Per Sq Ft
$425
Active Inventory
15
homes for sale

Affordability & Housing Stock

Rent Burden
30.0%
of renters spending 30%+ of income on housing
3% below US avg (31.0%)
Median Year Built
1956
Average age of housing stock: 70 years
Homeownership Rate
76.1%

Complete Housing Data

Home Values

Census Median Value$507,700
Zillow Home Value (ZHVI)$641,996
Median Sale Price$760,000
Median List Price$699,999
Price Per Sq Ft$425

Rent

Census Median Rent$1,703
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 Market66
Sale-to-List Ratio1.0%
Price Drops13.3%
Homes Sold7
Active Inventory15
Price Per Sq Ft$425

Ownership & Stock

Owner-Occupied76.1%
Renter-Occupied23.9%
Homeownership Rate76.1%
Total Housing Units3,860
Median Year Built1956
Rent Burden30.0%