Affordability evidence
Clifton, NJ home values, income, and owner costs
A borrower-focused reading of the latest ACS value, income, and owner-cost evidence for Clifton, NJ.
Source: U.S. Census Bureau
Last updated . Article facts reviewed through this date. Time-sensitive figures show their own as-of dates.
The published evidence provides the starting point: In Clifton, NJ, the 2024 ACS reports a median owner-occupied home value of $461,900, median household income of $98,237, and median selected monthly owner costs of $3,004 for owners with a mortgage. In practical terms, together, those three reference points may help a borrower identify which search-price, income, and recurring-cost assumptions need current verification first. They remain separate medians, not the finances of one representative household, and the $3,004 measure combines recurring ownership expenses instead of real estate taxes alone. For the decision at hand, a useful affordability review starts with $461,900, $98,237, and $3,004, then replaces them with the borrower's documented income, cash, debts, property taxes, insurance, association charges, loan terms, and intended occupancy.
Clifton, NJ's $461,900 median home-value estimate is above the statewide $454,400 estimate, with a reported city-to-state gap of 1.7%.