07304 — Hudson County, New Jersey Market Snapshot
Housing market data for zip code 07304 in Hudson County, New Jersey. Updated monthly with median prices, days on market, and more.
Market Sales Data
18 sales in 2026 (year to date)
Median Sale Price
$725,000
Days to Sell
53
Homes Sold
18
Inventory
48
Sale-to-List
99.4%
New Listings
55
Price/SqFt
$352
Pending Sales
26
Conforming Loan Available
Most homebuyers in 07304 can comfortably use conventional financing. The median home price of $725,000 is well below the 2026 conforming loan limit of $1,209,750, meaning buyers can put as little as 3-5% down without hitting jumbo loan territory.
Market Insights
Market Temperature
07304's market is balanced with homes taking an average of 53 days to sell. Buyers have some negotiating room without the pressure of bidding wars.
Sale-to-List Ratio
Homes are selling very close to asking price in 07304 (99.4% sale-to-list ratio), indicating accurate pricing by sellers and steady demand.
Conforming Loan Feasibility
Most homebuyers in 07304 can comfortably use conventional financing. The median home price of $725,000 is well below the 2026 conforming loan limit of $1,209,750, meaning buyers can put as little as 3-5% down without hitting jumbo loan territory.
Loan limits in 07304 are set at the county level.
2026 Loan Limits — Hudson 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 07304
To purchase the median home at $725,000 with 5% down at today's rate of 6.75%, the estimated monthly payment is approximately $5,705.
Monthly Payment
$5,705
Income Required
$244,488
Principal & Interest
$4,467/mo
Down Payment (5%)
$36,250
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 07304.
Estimated Monthly Payment
$4,637
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