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Data on this report is based on areas within the legal city boundary, outlined in black on the map. Any additional neighborhoods shown on the map are associated with the city by name and are included for reference only.



Mount Arlington, NJ Real Estate Market

Source & Methodology

Analytics built by:   Location, Inc.

Raw data sources:   American Community Survey (U.S. Census Bureau), U.S. Department of Housing and Urban Development, Federal Housing Finance Agency.

Date(s) & Update Frequency:
  • Home Values, Rents: Reflects Q2 2024. Updated quarterly.
  • Setting, Housing Stock, Homeownership: 2022 (latest available). Updated annually.

Methodology:   NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more about Scout's Real Estate Data

Mount Arlington, NJ Housing Market Trends

With 5,908 people, 2,422 houses or apartments, and a median cost of homes of $539,086, Mount Arlington real estate prices are well above average cost compared to national prices.

Single-family detached homes are the single most common housing type in Mount Arlington, accounting for 50.94% of the borough's housing units. Other types of housing that are prevalent in Mount Arlington include large apartment complexes or high rise apartments ( 31.69%), row houses and other attached homes ( 13.87%), and a few duplexes, homes converted to apartments or other small apartment buildings ( 3.50%).

Dwellings in Mount Arlington tend to be quite small (one, two, or no bedrooms) and owner occupied. In fact, 54.37% of the homes in Mount Arlington have two or fewer bedrooms.

There is a lot of housing in Mount Arlington built from 1970 to 1999 so parts of town may have that "Brady Bunch" look of homes popular in the '70s and early '80s, although some of these houses were built up through the early '90s as well. There is also a lot of housing in Mount Arlington built between 1940-1969 ( 27.77%). A lesser amount of the housing stock also hails from between 2000 and later ( 26.63%). There's also some housing in Mount Arlington built before 1939 ( 8.50%).

Vacant housing appears to be an issue in Mount Arlington. Fully 16.02% of the housing stock is classified as vacant. Left unchecked, vacant Mount Arlington homes and apartments can be a drag on the real estate market, holding Mount Arlington real estate prices below levels they could achieve if vacant housing was absorbed into the market and became occupied. Housing vacancy rates are a useful measure to consider, along with other things, if you are a home buyer or a real estate investor.

Mount Arlington Home Appreciation Rates

Real estate appreciation rates in Mount Arlington's have tracked to near the national average over the last then years, with the annual appreciation rate averaging 6.26% during the period.

Appreciation rates are so strong in Mount Arlington that despite a nationwide downturn in the housing market, Mount Arlington real estate has continued to appreciate in value faster than most communities. Looking at just the latest twelve months, Mount Arlington appreciation rates continue to be some of the highest in America, at 18.65%, which is higher than appreciation rates in 99.11% of the cities and towns in the nation. Based on the last twelve months, short-term real estate investors have found good fortune in Mount Arlington. Mount Arlington appreciation rates in the latest quarter were at 2.82%, which equates to an annual appreciation rate of 11.77%.

Relative to New Jersey, our data show that Mount Arlington's latest annual appreciation rate is higher than 90% of the other cities and towns in New Jersey.

Average Home Values

Median Home Value

$539,086

Mount Arlington, NJ Home Prices
> $1,546,000
$1,160,001 - $1,546,000
$773,001 - $1,160,000
$618,001 - $773,000
$464,001 - $618,000
$309,001 - $464,000
$155,001 - $309,000
$77,001 - $155,000
$0 - $77,000
1.4%
1.4%
8.3%
8.3%
7.8%
7.8%
23.4%
23.4%
36.5%
36.5%
20.6%
20.6%
1.3%
1.3%
0.0%
0.0%
0.7%
0.7%
0% 100.0%
% of Homes
Average

for New jersey

Very High

for nation

Number of Homes And Apartments:

2,422

Mount Arlington Appreciation Rates

Rent & Ownership

Average Market Rent:

$4,606 / per month

Homeownership Rate

Owners
Renters
68.1%
68.1%
31.9%
31.9%
0% 100.0%
% of Homes

Vacancy Rate

Vacant
Occupied
16.0%
16.0%
84.0%
84.0%
0% 100.0%
% of Homes

Housing Market Details

Age of Homes

2000 or Newer
1970 - 1999
1940 - 1969
1939 or Older
26.6%
26.6%
37.1%
37.1%
27.8%
27.8%
8.5%
8.5%
0% 100.0%
% of Homes

Types of Homes

Single-Family
Townhomes
Small Apt. Buildings
Apt. Complexes
Mobile Homes
Other
50.9%
50.9%
13.9%
13.9%
3.5%
3.5%
31.7%
31.7%
0.0%
0.0%
0.0%
0.0%
0% 100.0%
% of Homes

Home Size

No Bedroom
1 Bedroom
2 Bedrooms
3 Bedrooms
4 Bedrooms
5 or more bedrooms
2.7%
2.7%
13.7%
13.7%
38.0%
38.0%
23.9%
23.9%
20.1%
20.1%
1.6%
1.6%
0% 100.0%
% of Homes

Popular Neighborhoods in Mount Arlington

Zip Codes in Mount Arlington, NJ