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Towaco, NJ
Full City Profile · New Jersey · Essex County County
3.9
/5.0
B+
Good
5,627
Population
938/sq mi density
$197,696
Median Income
$90,740 per capita
$690,900
Home Value
$526,351 Zillow
$2,726
Median Rent
38.0% income on rent
52°F
Avg Temperature
275 sunny days/yr
57
Violent Crime/100K
669 property/100K
B+
Overall
3.9 / 5.0
Good overall score based on economy, affordability, safety and education
A+
Economy
5.0 / 5.0
$197,696 median income, 1.9% unemployment
A+
Affordability
4.7 / 5.0
$690,900 home value, $2,726/mo rent
F
Safety
1.0 / 5.0
57 violent crimes/100K
A+
Education
5.0 / 5.0
73.0% bachelor's degree or higher
Housing Overview
Median Home Value
$690,900
145% above
US avg: $281,900
Median Rent
$2,726/mo
134% above
US avg: $1,163/mo
Homeownership Rate
94.9%
45% above US avg (65.4%)
Total Housing Units
1,987
Median year built: 1968
Home Value by Source
Census Median
$690,900
Zillow (ZHVI)
$526,351
Median Sale Price
$662,500
Median List Price
$756,950
Census ACS, Zillow ZHVI, Redfin median sale price
Ownership vs. Renting
94.9%
Owner-Occupied
5.1%
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:
$2,726/mo
Market Indicators (Redfin)
Median Days on Market
99 days
Sale-to-List Ratio
0.9%
Buyers market
Homes Sold
1
Price Drops
0.0%
of listings with price reduction
Price Per Sq Ft
$0
Active Inventory
14
homes for sale
Affordability & Housing Stock
Rent Burden
38.0%
of renters spending 30%+ of income on housing
23% above US avg (31.0%)
Median Year Built
1968
Average age of housing stock: 58 years
Homeownership Rate
94.9%
Complete Housing Data
Home Values
| Census Median Value | $690,900 |
| Zillow Home Value (ZHVI) | $526,351 |
| Median Sale Price | $662,500 |
| Median List Price | $756,950 |
| Price Per Sq Ft | $0 |
Rent
| Census Median Rent | $2,726 |
| 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 | 99 |
| Sale-to-List Ratio | 0.9% |
| Price Drops | 0.0% |
| Homes Sold | 1 |
| Active Inventory | 14 |
| Price Per Sq Ft | $0 |
Ownership & Stock
| Owner-Occupied | 94.9% |
| Renter-Occupied | 5.1% |
| Homeownership Rate | 94.9% |
| Total Housing Units | 1,987 |
| Median Year Built | 1968 |
| Rent Burden | 38.0% |