07621 — Bergen County, New Jersey Market Snapshot
Housing market data for zip code 07621 in Bergen County, New Jersey. Updated monthly with median prices, days on market, and more.
Market Sales Data
30 sales in 2026 (year to date)
Median Sale Price
$703,250
Days to Sell
83
Homes Sold
30
Inventory
46
Sale-to-List
105.3%
New Listings
55
Price/SqFt
$474
Pending Sales
43
Conforming Loan Available
Most homebuyers in 07621 can comfortably use conventional financing. The median home price of $703,250 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 83 days on average, 07621 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 in 07621 are selling 5.3% above asking price on average, signaling strong competition. Buyers should budget above list price.
Conforming Loan Feasibility
Most homebuyers in 07621 can comfortably use conventional financing. The median home price of $703,250 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 07621 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 07621
To purchase the median home at $703,250 with 5% down at today's rate of 6.75%, the estimated monthly payment is approximately $5,538.
Monthly Payment
$5,538
Income Required
$237,346
Principal & Interest
$4,333/mo
Down Payment (5%)
$35,163
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 07621.
Estimated Monthly Payment
$4,502
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