New Jersey Reverse Mortgage Guidance


New Jersey Reverse Mortgage Guidance

Discover your reverse mortgage options in New Jersey. Whether you own a free-standing suburban home or condominium in the city, you can get the information that you need on reverse mortgages, how to qualify for a reverse mortgages, and where to begin. The more you know the better your chances of getting a great deal.

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Snapshot of New Jersey

8.7 M

Population

$170,800

Median Home Value

66%

Home Ownership Rate

14%

Percent PopulationOver 65

Find Your City to Compare State and National Averages

Location Population Med. Home Value Home Ownership Rate % Population Over 65
USA 307,006,550 $119,600 66% 13%
New Jersey 8,707,739 $170,800 66% 14%
Atlantic City 39,958 $87,500 29% 14%
Bayonne 58,844 $155,600 40% 17%
Bergenfield 26,194 $184,400 71% 14%
Camden 79,318 $40,700 46% 8%
Clifton 79,606 $181,600 61% 18%
East Orange 67,247 $122,000 27% 11%
Elizabeth 126,179 $143,000 30% 10%
Englewood 27,824 $212,400 59% 13%
Fair Lawn 31,246 $218,000 80% 19%
Fort Lee 37,008 $287,000 56% 20%
Garfield 29,644 $161,500 40% 14%
Hackensack 43,671 $187,300 32% 13%
Hoboken 39,853 $428,900 23% 9%
Jersey City 241,789 $125,000 28% 10%
Kearny 38,008 $158,200 48% 11%
Linden 39,874 $148,800 59% 16%
Long Branch 32,314 $135,300 42% 13%
Millville 28,194 $86,700 64% 13%
New Brunswick 50,172 $122,600 26% 7%
Newark 281,402 $119,000 24% 9%
Paramus 26,548 $284,800 91% 22%
Passaic 67,974 $153,000 27% 8%
Paterson 148,708 $137,500 32% 8%
Perth Amboy 48,607 $126,200 41% 10%
Plainfield 47,353 $137,500 50% 9%
Rahway 27,843 $142,600 63% 15%
Sayreville 42,560 $153,400 68% 12%
Trenton 83,923 $65,500 46% 11%
Union City 63,930 $141,000 18% 10%
Vineland 58,271 $97,200 66% 14%
West New York 46,398 $218,400 20% 13%
Westfield 29,944 $346,000 82% 14%
Source U.S. Census Bureau: State and County QuickFacts. Data derived from Population Estimates, Census of Population and Housing, Small Area Income and Poverty Estimates, State and County Housing Unit Estimates, County Business Patterns, Nonemployer Statistics, Economic Census, Survey of Business Owners, Building Permits, Consolidated Federal Funds Report
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