Demarest 07627

Bergen County, NJ · 1,960 properties · updated 7/5/2026

Should you buy here?buyer-timing lens

12affordability /100

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

Payment burden
53.3%
severe
Days on market
66
daily
Price cuts
12.8%
of active
Valuation
-28.7%
vs assessor
Look up an address
30
/100
weak
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

80/ 100SellerBalancedBuyer
Strong Buyer's Market
Needs 43.7% correction for affordability
DOM: 96d (falling) · Market Dynamics rolling median · hourly
Score Components
Payment Burden (25%)100
Valuation Gap (25%)60
Supply & Demand (20%)100
Buy vs Rent (15%)100
Cancellation Rate (10%)0
Days on Market (5%)100

Strong buyer leverage in 07627. If you must buy now, offer 10-15% below list price. Payment burden: 53.4% of median income. A 34% price correction needed to reach 30% affordability threshold. Median days on market: 96. Renting is approximately 206% cheaper than buying (price-to-rent ratio: 36.7).

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 15.9% YoY.

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Market snapshoteach number, once

Median price
$1,540,902
▴ 15.9% YoY
Days on market
66
daily · zip_data
Median rent
$3,501
ZORI
Investor score
44/100
cash-flow lens
Active listings
27
90-day

Valuation3 lenses, different anchors

vs assessor
-28.7%
Market vs assessed value — a tax-roll lag, not a deal signal.
Avg assessor$1,098,100
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-income8.8×

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How 07627 ranks in NJ
percentile vs all NJ ZIPs
Comparative ranking not available for this ZIP.

Affordability, supply & momentum

19SUPPLY
OversuppliedSupply Tightness

Ample inventory — buyers have time and leverage to negotiate.

Months of Supply13.8 mo
Days on Market66d
Inv vs History-6.1%
Listing Density--
Market dynamics
Price cut %12.8%
Momentumhot
LeverageBALANCED
Months of supply13.8
Sales (90d)0
Investment analysis
Median rent$3,501
Price-to-rent36.7
Est. cap rate1.8%
Buy vs rentfavors renting

Livability

Walk score—
Transit score17
Bike score—

Historical trends

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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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