Real Estate Market Update for Clifton, NJ
Hide / View Video Transcript
Hide / View Video Transcript
Welcome to June's Market Update,. Let’s take a look at residential real-estate activity in your area during the month of June. The number of active listings was down 8% from one year earlier, and up 2% from the previous month. This recent increase reflected a larger selection of homes for buyers to choose from. As you can see, the median listing price for the month was just under 310-thousand dollars. Compared to last year, the average number of days units spent on the market before being sold was down 9%. This lower number of days may signal a positive trend in the local inventory-turnover rate. The median sale price was 320-thousand dollars. The number of units sold increased 31% year-over-year, and increased 18% month-over-month. These figures may indicate that buyers have been taking advantage of opportunities in this market. Thanks for watching. We hope you use this information to make smart, informed decisions in your upcoming real-estate transactions. Feel free to contact us for more information or further assistance.
Map Information for Clifton, NJ
Area Information for Clifton, NJ
  • Population: 85,405
  • Median Age: 38.04 yr
  • Median Commute Time: 20.38 mins
  • Educational Climate*: 4
  • Sales Tax: 6.909%
  • Population Density: 7,585/sq mi
  • Population Change Since 2000: 8.57%
  • Closest Airport: Newark Liberty International
  • Closest College: Montclair State University
  • Closest Jr. College: Dover Business College
  • Median Household Income: $63,010
  • Annual Residential Turnover: 12.79%
  • Median Years in Residence: 3.62 yr
  • Median Home Sales Price: $265,000
  • Closest Major Sports Team: New Jersey Devils
  • Change Avg. Household Income Since 2000: 24%
* Scale from 1-5  ** Index where 100 is the national average
Demographic Data for Clifton, NJ
Median Age: 38.04 Married: 33% Number of Households: 31,591 Households with Children: 10,038
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 Clifton, NJ

      School Name Distance Type Grades GreatSchools Rating Parent Rating
      Clifton High School Annex 0.2 mi Public 9-12 0 0
      Number 13 Elementary School 0.4 mi Public K-5 1 4
      St. Andrew Elementary School 0.4 mi Catholic PRESCHOOL-8 0 4
      The Learning Center 0.5 mi Private PRESCHOOL-12 0 3
      Number 14 Elementary School 0.6 mi Public PRESCHOOL-5 2-5 4
      Number 9 Elementary School 0.7 mi Public K-5 3 5
      Passic Clifton Cheder/bais Yaakov 0.7 mi Private PRESCHOOL-8 0 0
      New Hope School 0.8 mi Private 1-8 0 4
      Number 15 Elementary School 1.0 mi Public K-5 1 5
      Learning Ctr For Excep Child (temp) 1.1 mi Private - 0 0
      Clifton High School 1.1 mi Public 9-12 1 3
      Number 3 Elementary School 1.4 mi Public K-5 1 4
      Number 2 Elementary School 1.4 mi Public K-5 3 4
      Pioneer Academy Of Science 1.5 mi Private PRESCHOOL-12 0 4
      Academy High School 1.6 mi Public 9-12 0 0
      Passaic County Elks Cp Center 1.7 mi Private - 0 0
      Cerebral Palsy H S Annex 1.7 mi Private - 0 0
      Christopher Columbus Middle School 1.7 mi Public 6-8 1 3
      Woodrow Wilson Middle School 1.7 mi Public 6-8 1 3
      St. Clare Elementary School 1.7 mi Catholic PRESCHOOL-8 0 5
      Number 17 1.7 mi Public PRESCHOOL-5 2 4
      Number 16 Elementary School 1.8 mi Public K-5 4-5 3
      Mesivta Of Clifton 1.8 mi Private 9-12 0 0
      Mesivta Of Clifton 1.8 mi Private 9-11 0 0
      Number 12 Elementary School 1.9 mi Public K-5 2 2
      Number 1 Elementary School 1.9 mi Public K-5 2 3
      The State County Elks-cerebral Palsy Center 2.0 mi Private PRESCHOOL-8 0 0
      St. Philip The Apostle School 2.1 mi Catholic PRESCHOOL-8 0 4
      Garfield Auxiliary Middle School/high School 2.1 mi Public - 0 0
      Sacred Heart School 2.1 mi Catholic PRESCHOOL-8 0 3
      Number 11 Elementary School 2.2 mi Public K-5 2 4
      Number 4 Elementary School 2.2 mi Public K-5 1 0
      Number 8 Elementary School 2.2 mi Public K-5 2-5 4
      Rainbow Montessori School 2.2 mi Private PRESCHOOL-K 0 0
      Jin A Child Care Center 2.3 mi Private PRESCHOOL-K 0 0
      Wee Care Child Care Center 2.4 mi Private PRESCHOOL-K 0 0
      St. Brendan Elementary School 2.6 mi Catholic PRESCHOOL-8 0 4
      Number 5 Elementary School 2.8 mi Public K-5 2 5
      Classical Academy Charter School Of Clifton 3.0 mi Public 6-8 4-5 4
      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 © 2014
      Local Weather for Clifton, NJ
        Community information and market data Powered by Onboard Informatics. Copyright ©2014 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.