Housing & Real Estate — Norwood, New Jersey

Overview

Total Housing Units2,048
Occupied1,981
Vacant67
Owner-Occupied1,589
Renter-Occupied392
Median Home Value (Census)$709,100
Estimated 2026~$791,000
Median Rent$2,446/mo
Median Property Tax$10,001/yr

Affordability

Home Price to Income RatioN/Ax
Home Affordabilitymoderate
Rent as % of Income16.5%
Severely Rent-Burdened67.0%

Housing Age

Built 2010 or later74
Built 2000-2009261
Built 1990-1999534
Built before 1960472
Median Year Built1969
Sources: Census ACS 5-Year 2023; Census ACS 5-Year 2023, B25077; HUD FMR FY2026.