07306 — Hudson County, New Jersey Market Snapshot

Housing market data for zip code 07306 in Hudson County, New Jersey. Updated monthly with median prices, days on market, and more.

Data as of May 2026

Market Sales Data

73 sales in 2026 (year to date)

Source: Redfin

Median Sale Price

$630,000

-28.0% YoYClosed sales

Days to Sell

63

Median, listing to close

Homes Sold

73

Closed in 2026

Inventory

106

Sale-to-List

97.8%

New Listings

141

Price/SqFt

$497

Pending Sales

94

Conforming Loan Available

Most homebuyers in 07306 can comfortably use conventional financing. The median home price of $630,000 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

With homes sitting for 63 days on average, 07306 favors buyers. There may be opportunities to negotiate below asking price or request seller concessions for closing costs or rate buydowns.

Sale-to-List Ratio

The average home in 07306 sells for 2.2% below asking price (97.8% sale-to-list), suggesting buyers have negotiating leverage in the current market.

Conforming Loan Feasibility

Most homebuyers in 07306 can comfortably use conventional financing. The median home price of $630,000 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 07306 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 07306

To purchase the median home at $630,000 with 5% down at today's rate of 6.75%, the estimated monthly payment is approximately $4,977.

Monthly Payment

$4,977

Income Required

$213,294

Principal & Interest

$3,882/mo

Down Payment (5%)

$31,500

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 07306.

%
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Estimated Monthly Payment

$4,049

Principal & Interest$3,269
Property Tax$630
Insurance$150
Loan Amount$504,000
Total Interest$672,815
Income Required$173,526/yr

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