Housing & Real Estate — Silver Lake CDP (Essex County), New Jersey

Overview

Total Housing Units1,620
Occupied1,410
Vacant210
Owner-Occupied857
Renter-Occupied553
Median Home Value (Census)$448,300
Estimated 2026~$542,000
Median Rent$1,501/mo
Median Property Tax$9,558/yr

Affordability

Home Price to Income RatioN/Ax
Home Affordabilityexpensive
Rent as % of Income21.8%
Severely Rent-Burdened27.6%

Housing Age

Built 2010 or later66
Built 2000-200965
Built 1990-199956
Built before 1960941
Median Year Built1955
Sources: Census ACS 5-Year 2023; Census ACS 5-Year 2023, B25077; HUD FMR FY2026.