Ho Ho Kus 07423

Bergen County, NJ · 1,821 properties · updated 7/5/2026

Should you buy here?buyer-timing lens

affordability /100

Buyer leverage is balanced; weigh payment burden and the 3-lens valuation before bidding.

Days on market
57
daily
Price cuts
0.0%
of active
Valuation
-51.5%
vs assessor
Look up an address
54
/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 / sellerbuyer-timing lens

83/ 100SellerBalancedBuyer
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 382% cheaper than buying (price-to-rent ratio: 57.9). Market appears 42% 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 8.6% YoY.

Address lookup$99 report path

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Market snapshoteach number, once

Median price
$1,329,317
▴ 8.6% YoY
Days on market
57
daily · zip_data
Median rent
$1,914
ZORI
Investor score
39/100
cash-flow lens
Active listings
17
90-day

Valuation3 lenses, different anchors

vs assessor
-51.5%
Market vs assessed value — a tax-roll lag, not a deal signal.
Avg assessor$645,350
county CAMA · properties_v
vs income
Fair-value model not available for this market.
fair_value_scores · 10-state coverage
vs county comps
+61.3%
County-wide market — the widest, slowest signal.
Bergen+61.3%
Lotvox comps · mv_valuation_gap

Read together: Above county comps but sustainable on local incomes.
Pricing detail
Price / sqft
Price-to-income

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How 07423 ranks in NJ
percentile vs all NJ ZIPs
Comparative ranking not available for this ZIP.

Affordability, supply & momentum

22SUPPLY
OversuppliedSupply Tightness

Ample inventory — buyers have time and leverage to negotiate.

Months of Supply8.7 mo
Days on Market57d
Inv vs History+38.2%
Listing Density--
Market dynamics
Price cut %0.0%
Momentumhot
LeverageBALANCED
Months of supply8.7
Sales (90d)0
Investment analysis
Median rent$1,914
Price-to-rent57.9
Est. cap rate1.1%
Buy vs rentfavors renting

Livability

Walk score6
Transit score38
Bike score

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Bergen County contextmacro · jobs · debt · migration

ZIP score grades housing; county score adds macro distress (jobs, debt, poverty). They answer different questions.

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