Skip to main content

NJ area data

Norwood, NJ

Norwood, NJ.

Population: 5,724 (Census ACS)

Home values & appreciation

Median home value
$927,081
1-year appreciation
+4.6%
3-year appreciation
+16.3%
5-year appreciation
+29.4%
10-year appreciation
+49.1%
All-time peak (2026-07)
$927,081
House Price Index
430.8 (+5.2% YoY)

Market activity

Median sale price
$359,740
Median list price
$335,000
Median days on market
27 days
Sale-to-list ratio
100.0%
Active listings
2
1-year forecast
+2.6%
New listings (monthly)
9

Rents

2-bedroom fair-market rent (HUD reference)
$2,910/mo
3BR fair-market rent
$3,550/mo

Affordability

Cost of living index (High)
112.5 (100 = US avg)
Electricity rate (state-level)
22.6¢/kWh
Natural gas rate (state-level)
$14.20/MCF
30-year mortgage rate (national)
6.66%
15-year mortgage rate (national)
6.00%

Schools

Total schools
2
Elementary schools
1
Middle schools
0
High schools
0

Natural hazards & flood risk

Overall hazard risk
Relatively High
Top hazards
coastalFlooding, strongWind, winterWeather, coldWave, heatWave
FEMA flood zone
X
Flood risk level
Minimal

Climate (30-year normals)

Average annual temperature
55.0°F
Average high
63.0°F
Average low
46.0°F
Annual precipitation
62.8 in
Annual snowfall
18.1 in

Air quality

Air quality rating
Good
Median AQI (annual)
48
Days with Good air quality
204
Days with Unhealthy air quality
4

Walkability & transit

Walkability index
7.5 / 20
Transit service frequency
-99,999

Amenities

National parks within ~60 mi
24
Nearest national park
Saint Paul's Church National Historic Site (10 mi)
Nearest airport
Teterboro Airport (TEB) (11 mi)
Nearest major airport
Teterboro Airport (TEB) (11 mi)
Hospitals nearby (~15 mi)
58
Avg hospital rating
3.0 / 5
Solar radiation rating
Fair (3.9 kWh/m²/day)

Migration

Net migration
-2,571 tax filers

Housing stock

Median year housing built
1,986
Median annual property tax
$10,001
Mean commute to work
24 min
Households with broadband internet
92.1%

Employment & development

Total county employment
392,497
Average weekly wage
$1,525
Top industries (by employment)
Health Care, Accommodation & Food, Wholesale Trade
Annual residential building permits (county)
879

Area data compiled from public government, academic, and industry research feeds. Data sources →

Data last updated

Most recent source refresh: Aug 2026. See all data sources →

Data compiled by REAIGENT7 — AI listing platform for real estate agents