Bergen County, NJ · 1,821 properties with county records
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Ho Ho Kus 07423 is in Bergen, NJ, part of the New York Metro. The typical home value in Ho Ho Kus 07423 is $1,365,215 (Zillow Home Value Index, August 2026), up 11.5% from a year earlier. Homes that sold went under contract in a median 75 days, and 0% of listings took a price cut (Redfin Data Center, period ending Aug 31, 2026). On Lotvox's market-leverage reading of that data, with 1.6 months of supply, neither buyers nor sellers hold a clear edge. The Lotvox Turnover Index is not published for 07423 yet: it appears only where a held-out test on the county's recorded sales beats chance. Across Bergen's 65 ZIPs with a Zillow value, the middle one is $766,477, so 07423 sits 78% above the county middle. Lotvox holds county assessor records for 1,821 properties in 07423.
Headline value data through August 2026. Each source below carries its own date.
Is 07423 a buyer's or seller's market?
By Lotvox's leverage reading of Redfin data through Aug 31, 2026, 07423 is a balanced market. Homes went under contract in a median 75 days with 1.6 months of supply.
What do homes in 07423 sell for?
The typical home value in 07423 is $1,365,215 (Zillow Home Value Index, August 2026), up 11.5% in a year. That is a value index, not a list of sale prices.
Who is likely to sell in 07423?
Lotvox only publishes its Turnover Index where a held-out test on recorded sales beats chance, and 07423 has not passed that test yet. When it does, the score appears here.
How does 07423 compare to Bergen?
07423's typical value of $1,365,215 compares with a middle value of $766,477 across Bergen's 65 ZIPs. Both are Zillow Home Value Index figures for August 2026.
Where does this 07423 data come from?
Values and rents come from Zillow's research data, sales pace from the Redfin Data Center, and property counts and turnover from county assessor and deed records. Each number on this page carries its own date, and the method is published at lotvox.com/methodology.
Not available for this ZIP — no rent or ownership-cost estimate published here.
Rent to price
Not available for this ZIP — no price-to-rent ratio published here.
50
/100
mixed
hot · balanced · prices rising year-over-year.
Verdict grades housing conditions; buyer-timing, investor cash-flow, supply-tightness and county macro scores answer different questions — each in its own section.
Buyer / seller
buyer-timing lens
Strong Buyer's Market
DOM: 91d (stable) · Market Dynamics rolling median · hourly
Score Components
Valuation Gap (25%)100
Supply & Demand (20%)85
Buy vs Rent (15%)100
Cancellation Rate (10%)0
Days on Market (5%)100
Strong buyer leverage in 07423. If you must buy now, offer 10-15% below list price. Median days on market: 91. Renting is approximately 390% cheaper than buying (price-to-rent ratio: 58.8). Market appears 43% overpriced vs. assessed values.
What to Offer
Offer 10-15% below list price. Sellers are under pressure.
Conditions most similar to late 2007 — overvaluation without corresponding income growth. Significant correction potential.
HOTBALANCED
Market is running hot with fast-moving inventory. Conditions are balanced between buyers and sellers. Prices up 11.5% YoY.
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Housing pulse — Housing pulse could not be loaded (429).
Price bands
mix-shift
Price Bands — the median behind the median
A single median rises whenever expensive homes become a bigger share of what sells, even if no tier got more expensive. These are the tiers underneath it, computed from recorded arms-length deed transactions in Bergen.
Current tiers · 12 months to Aug 25floor 10 sales/tier
7 tiers had too few sales at every level and are left blank rather than estimated.
Tier
Median
$/sqft
Sales
Share
Source
Under $250k
—
—
—
—
fewer than 10 sales at zip, county and metro level
$250k–$500k
—
—
—
—
fewer than 10 sales at zip, county and metro level
$500k–$750k
—
—
—
—
fewer than 10 sales at zip, county and metro level
$750k–$1M
—
—
—
—
fewer than 10 sales at zip, county and metro level
$1M–$1.5M
—
—
—
—
fewer than 10 sales at zip, county and metro level
$1.5M–$2M
—
—
—
—
fewer than 10 sales at zip, county and metro level
$2M+
—
—
—
—
fewer than 10 sales at zip, county and metro level
All sales (the headline median)
$355k
$185
11
100%
METRO · New York, NJ
No mix-shift history for this area. no geography from this ZIP up to metro has 8+ quarters of 10+ recorded arms-length sales across at least 4 price tiers. Trends are drawn only from recorded transactions; the last-sale snapshot above cannot carry a time series, because a property that sold twice keeps only its latest sale — which drags the history upward through the tiers and would invent the very mix shift this section exists to test for.
National context — not local
NAR's aggregate existing-home median for the United States and the Northeast census region. This is the figure the tiers above are a check on. It is national/regional and says nothing about 07423.
United States
Northeast
Copyright, National Association of Realtors. Reprinted with permission. Retrieved from FRED, Federal Reserve Bank of St. Louis. FRED publishes a rolling 13-month window for these series.
Tiers computed from Lotvox parcel and deed substrate through Aug 25 (10 later months withheld as partially loaded). Sample floor 10 sales per tier; below it a figure is drawn from the county or metro and labelled, or left blank. Multi-parcel bulk deeds and duplicate records are excluded.
ZIP score grades housing; county score adds macro distress (jobs, debt, poverty). They answer different questions.
Bergen County
County-level context for ZIP 07423
Verified — Bergen County
Healthy (20)
ZIP 07423→Bergen County, NJ
12-Month Direction
+23Moderate Improvement
Confidence
100%
DeterioratingStableImproving
Why this score
BuildersLens Market Intelligence
Market Score
43· Weak
Market Score grades housing-market conditions (affordability, valuation, supply). The county Healthy/Moderate/Distressed badge measures economic distress (jobs, debt, poverty) — the two can read differently.
Price-to-rent
59.4x
favors renting
Source: Zillow ZHVI ÷ (Zillow ZORI × 12)
Valuation7
+61.6%
overvalued
Source: Lotvox comps · Updated 2026-05-15
Supply/Demand
1.6 mo
seller's market
Source: Redfin Data Center (ZIP): inventory ÷ monthly homes sold · Updated 2026-08-31