Real Estate Market Update for 07848 (Lafayette, NJ)
Map Information for 07848 (Lafayette, NJ)
Area Information for 07848 (Lafayette, NJ)
  • Community Character: High Percentage of Family Households, Low Residential Turnover, Suburb of Newark
  • Population: 5,027
  • Median Age: 40.55 yr
  • Median Commute Time: 29.79 mins
  • Educational Climate*: 4
  • Recycling Likelihood**: 111
  • Sales Tax: 7%
  • Population Density: 200/sq mi
  • Population Change Since 2000: 7%
  • Closest Airport: Teterboro
  • Closest College: Centenary College
  • Closest Jr. College: Sussex Cty Comm Coll
  • Median Household Income: $91,169
  • Annual Residential Turnover: 10.47%
  • Median Years in Residence: 3.81 yr
  • Median Home Sales Price: $354,461
  • Closest Major Sports Team: New Jersey Devils
  • Change Avg. Household Income Since 2000: 18%
* Scale from 1-5   ** Index where 100 is the national average
Demographic Data for 07848 (Lafayette, NJ)
Median Age: 40.55 Married: 51% Number of Households: 1,795 Households with Children: 752
Community:
    • Occupancy Types
      • 3599 Vacant
      • 8822 Owned
      • 12512 Rented
    • Transportation to Work
      • 43% Drive
      • 47% Public Transportation
      • 8% Walk / Bike / Other
      • 8% Work at Home
    National Index Comparisons:
    (100 National Average)
      • Population By Sex(%)
        • 50% Male
        • 50% Female
      • White/Blue Collar Jobs
        • 50% White Collar
        • 50% Blue Collar
      School Data for 07848 (Lafayette, NJ)

      School Name Distance Type Grades GreatSchools Rating Parent Rating
      Lakeland Andover School 0.7 mi Private SPECIAL EDUCATION 0 5
      Lafayette Township School 2.6 mi Public K - 8 3-5 5
      Proximity to listed schools and their school district(s) does not guarantee enrollment eligibility. Please contact a local real estate professional or the local school district(s) for the most current information relating to schools in the area. Sources: GreatSchools.org and Onboard Informatics © 2010
      Local Weather for 07848 (Lafayette, NJ)
        Community information and market data Powered by Onboard Informatics. Copyright ©2013 Onboard Informatics. Information is deemed reliable but not guaranteed. * Based on a 30-year fixed rate of 4.75% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.