07450 — Bergen County, New Jersey Market Snapshot
Housing market data for zip code 07450 in Bergen County, New Jersey. Updated monthly with median prices, days on market, and more.
Market Sales Data
44 sales in 2026 (year to date)
Median Sale Price
$1,450,000
Days to Sell
59
Homes Sold
44
Inventory
59
Sale-to-List
113.4%
New Listings
82
Price/SqFt
$638
Pending Sales
71
Jumbo Loan Likely Needed
The median home in 07450 at $1,450,000 exceeds the 2026 conforming loan limit of $1,209,750 by $240,250. Most buyers here will need jumbo loans, which typically require higher credit scores, larger down payments, and come with different rate pricing.
Market Insights
Market Temperature
07450's market is balanced with homes taking an average of 59 days to sell. Buyers have some negotiating room without the pressure of bidding wars.
Sale-to-List Ratio
Homes in 07450 are selling 13.4% above asking price on average, signaling strong competition. Buyers should budget above list price.
Conforming Loan Feasibility
The median home in 07450 at $1,450,000 exceeds the 2026 conforming loan limit of $1,209,750 by $240,250. Most buyers here will need jumbo loans, which typically require higher credit scores, larger down payments, and come with different rate pricing.
Loan limits in 07450 are set at the county level.
2026 Loan Limits — Bergen County
| Property Units | Conforming Limit | FHA Limit |
|---|---|---|
| 1 Unit | $1,209,750 | $1,249,125 |
| 2 Units | $1,548,975 | $1,599,375 |
| 3 Units | $1,872,225 | $1,933,200 |
| 4 Units | $2,326,875 | $2,402,625 |
Affordability Snapshot — Zip 07450
To purchase the median home at $1,450,000 with 5% down at today's rate of 6.75%, the estimated monthly payment is approximately $11,259.
Monthly Payment
$11,259
Income Required
$482,547
Principal & Interest
$8,934/mo
Down Payment (5%)
$72,500
Based on 30-year fixed at 6.75%, 1.8% property tax, $1,800/yr insurance, 28% DTI guideline.
Mortgage Calculator
Estimate your monthly payment for a home in 07450.
Estimated Monthly Payment
$9,124
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