Bogota 07603

Bergen County, NJ · 2,204 properties · updated 7/5/2026

Should you buy here?buyer-timing lens

42affordability /100

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

Payment burden
34.9%
stretched
Days on market
68
daily
Price cuts
0.0%
of active
Valuation
-21.6%
vs assessor
Look up an address
54
/100
mixed
warming · 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

61/ 100SellerBalancedBuyer
Negotiate Hard
Needs 14% correction for affordability
DOM: 88d (stable) · Market Dynamics rolling median · hourly
Score Components
Payment Burden (25%)50
Valuation Gap (25%)80
Supply & Demand (20%)85
Buy vs Rent (15%)50
Cancellation Rate (10%)0
Days on Market (5%)75

Moderate buyer leverage in 07603. Room to negotiate 5-10% below list. Payment burden: 35.0% of median income. Median days on market: 88. Renting is approximately 52% cheaper than buying (price-to-rent ratio: 18.2). Market appears 17% overpriced vs. assessed values.

What to Offer

Offer 5-10% below list. You have room to negotiate.

Conditions resemble 2019 pre-pandemic levels — moderate overvaluation with slowing demand. Negotiation room exists.
WARMINGBALANCED

Market is warming with rising prices. Conditions are balanced between buyers and sellers.

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Market snapshoteach number, once

Median price
$618,623
▴ 1.1% YoY
Days on market
68
daily · zip_data
Median rent
$2,833
ZORI
Investor score
60/100
cash-flow lens
Active listings
11
90-day

Valuation3 lenses, different anchors

vs assessor
-21.6%
Market vs assessed value — a tax-roll lag, not a deal signal.
Avg assessor$484,900
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-income5.8×

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How 07603 ranks in NJ
percentile vs all NJ ZIPs
Comparative ranking not available for this ZIP.

Affordability, supply & momentum

23SUPPLY
OversuppliedSupply Tightness

Ample inventory — buyers have time and leverage to negotiate.

Months of Supply12.0 mo
Days on Market68d
Inv vs History-25.9%
Listing Density--
Market dynamics
Price cut %0.0%
Momentumwarming
LeverageBALANCED
Months of supply12
Sales (90d)0
Investment analysis
Median rent$2,833
Price-to-rent18.2
Est. cap rate3.6%
Buy vs rentneutral

Livability

Walk score8
Transit score26
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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