07311 — Hudson County, New Jersey Market Snapshot
Housing market data for zip code 07311 in Hudson County, New Jersey. Updated monthly with median prices, days on market, and more.
Limited Sales Data
Only 1 home sold in this ZIP code during the selected period. Statistics may not be representative. See the Hudson County county page for broader data.
Market Sales Data
1 sales in 2016
Median Sale Price
$1,255,000
Days to Sell
22
Homes Sold
1
Inventory
N/A
Jumbo Loan Likely Needed
The median home in 07311 at $1,255,000 exceeds the 2026 conforming loan limit of $1,209,750 by $45,250. 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
Homes in 07311 are moving quickly at 22 days on market, indicating healthy buyer demand. Well-priced homes are likely seeing multiple offers.
Conforming Loan Feasibility
The median home in 07311 at $1,255,000 exceeds the 2026 conforming loan limit of $1,209,750 by $45,250. 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 07311 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 07311
To purchase the median home at $1,255,000 with 5% down at today's rate of 6.75%, the estimated monthly payment is approximately $9,765.
Monthly Payment
$9,765
Income Required
$418,518
Principal & Interest
$7,733/mo
Down Payment (5%)
$62,750
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 07311.
Estimated Monthly Payment
$7,917
Connect with a LoanGraphs Loan Officer
Get expert guidance for zip code 07311. Tell us what you're looking for.