Market Snapshot
- Median listing price
- $560K
- Median rent
- $2,100/mo
- Days on market
- 310 days
- Gross rental yield
- 4.50%
- STR vs LTR
- $2,775/mo STR · $2,100/mo LTR
The median listing price in East Orange, NJ ZIP 07017 is $559,950 as of June 2026.
The median market rent in East Orange, NJ ZIP 07017 is $2,100/month as of June 2026.
The median days on market in East Orange, NJ ZIP 07017 is 310 days as of June 2026. The market is currently neutral.
At a median list price of $559,950 and a median rent of $2,100/month, the gross rental yield in East Orange, NJ ZIP 07017 is 4.50% as of June 2026.
In East Orange, NJ ZIP 07017, median Airbnb revenue is $2,775/month compared to median long-term rent of $2,100/month as of June 2026.
East Orange, NJ 07017 Real Estate Market Report
ZIP Code: 07017
Report Date: June 2026
Scope: This ZIP code analysis focuses on single-family residential (SFR) properties. Metrics are calculated from recent sales and active listings within the past 90 days.
Market Overview
This analysis is based on a sample of properties from this ZIP code (up to 200 sold properties and up to 100 active properties). The median prices below are calculated from all available properties in the sample, while trend analysis uses properties from the selected analysis window.
Market Metrics
The property counts shown above represent only the properties analyzed in this report sample, not the total inventory for this ZIP code. Median prices are calculated from all available properties in the sample, while trend analysis uses properties from the selected analysis window.
Rental Market
Note: The relationship between property values and rental rates reflects different market dynamics. Higher-priced properties may have lower rental yields due to factors such as luxury market positioning, owner-occupancy preferences, or long-term appreciation strategies rather than immediate rental income maximization.
Property Taxes
Liquidity & Velocity
Market Trends & Context
Understanding Market Temperature
A Neutral market indicates balanced conditions where neither buyers nor sellers have a strong advantage, typically characterized by flat price trends, extended but stable days on market, and moderate inventory relative to sales.
Current Mortgage Rate Context
Market-level mortgage rate comparison for this area:
Current 30-year fixed mortgage rates for properties in East Orange, NJ, are averaging 6.53%, which is 0.36% lower than the 6.89% rates observed at this time in 2025.
Note: Interest rate comparisons provide market context. The existing "Interest Rate Pressure" metric above shows the qualitative market impact.
Key Findings
- The primary market value signal is the median sold price $504,000, which represents the most reliable recent transaction benchmark versus asking levels; the median listing price $559,950 creates a visible pricing gap that may indicate lingering seller optimism relative to completed sales. up
- Liquidity appears muted: the median days on market 310 points to slower sales velocity, and the sample shows elevated inventory relative to sales activity, which may indicate pricing friction for properties that are not recently refreshed or priced competitively.
- Market balance is broadly neutral: the market temperature neutral combined with a year-over-year price direction of up suggests a balanced-to-seller-leaning environment for well-positioned homes; interest rate conditions are a moderating factor—current 30-year fixed mortgage rates are 6.53%, with interest rate pressure described as moderate.
- Rental-side strength supports investor and owner-occupier demand: the median market rent $2,100 and a rent year-over-year trend of up indicate rising rental income potential that could underpin buyer interest in well-located, rent-ready SFR and condo assets.
Notable Properties
The following 8 properties represent notable market examples and recent transactions that illustrate key market dynamics. These are illustrative examples selected for their significance (top sales, market benchmarks, quick sales) and are not the basis for the statistical calculations shown above.
Recent Transactions
Highest sale in the past 90 days. Fully renovated with modern finishes and premium lot positioning.
Sold at market average
Sold at market average
Sold above market average
Sold below market average
Sold above market average
Sold at market average
Sold below market average
Investment Analysis
Compare rental income potential against ownership costs and benchmark against market averages.
Monthly rental income vs estimated ownership cost
20% down, 6.53% rate, 1.9% tax
Avg nightly rate and occupancy for this ZIP
Data Sources
Real estate market data & public records, and GemHaus® proprietary models.
Report generated: 6/1/2026
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