07604 — Bergen County, New Jersey Market Snapshot
Housing market data for zip code 07604 in Bergen County, New Jersey. Updated monthly with median prices, days on market, and more.
Market Sales Data
10 sales in 2026 (year to date)
Median Sale Price
$732,500
Days to Sell
67
Homes Sold
10
Inventory
20
Sale-to-List
101.0%
New Listings
24
Price/SqFt
$418
Pending Sales
16
Conforming Loan Available
Most homebuyers in 07604 can comfortably use conventional financing. The median home price of $732,500 is well below the 2026 conforming loan limit of $1,209,750, meaning buyers can put as little as 3-5% down without hitting jumbo loan territory.
Market Insights
Market Temperature
With homes sitting for 67 days on average, 07604 favors buyers. There may be opportunities to negotiate below asking price or request seller concessions for closing costs or rate buydowns.
Sale-to-List Ratio
Homes are selling very close to asking price in 07604 (101.0% sale-to-list ratio), indicating accurate pricing by sellers and steady demand.
Conforming Loan Feasibility
Most homebuyers in 07604 can comfortably use conventional financing. The median home price of $732,500 is well below the 2026 conforming loan limit of $1,209,750, meaning buyers can put as little as 3-5% down without hitting jumbo loan territory.
Loan limits in 07604 are set at the county level.
2026 Loan Limits — Bergen County
| Property Units | Conforming Limit | FHA Limit |
|---|---|---|
| 1 Unit | $1,209,750 | $1,249,125 |
| 2 Units | $1,548,975 | $1,599,375 |
| 3 Units | $1,872,225 | $1,933,200 |
| 4 Units | $2,326,875 | $2,402,625 |
Affordability Snapshot — Zip 07604
To purchase the median home at $732,500 with 5% down at today's rate of 6.75%, the estimated monthly payment is approximately $5,762.
Monthly Payment
$5,762
Income Required
$246,951
Principal & Interest
$4,513/mo
Down Payment (5%)
$36,625
Based on 30-year fixed at 6.75%, 1.8% property tax, $1,800/yr insurance, 28% DTI guideline.
Mortgage Calculator
Estimate your monthly payment for a home in 07604.
Estimated Monthly Payment
$4,683
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