Norwood, NJ Overview

Norwood is characterized as an attractive, well-balanced community with limited industrial activity.  In addition to opportunities for local employment, residents enjoy the convenience of shops and services.  It is bordered by Alpine, Closter, Harrington Park, Northvale, Old Tappan and Rockleigh.  The borough has a total area of 2.8 square miles and a population around 6,000.

Summary

Population Growth (since 2000)-1 %
Population Density (ppl / mile)2,087.00
Household Size (ppl)2.841
Households w/ Children35 %

Housing Stability

Annual Residential Turnover4 %
5+ Years in Residency47 %
Median Year in Residency4.73

Housing Inventory

Norwood, NJ Housing Inventory 743161,6051,605743161,605

Market Overview

41 listings with an estimated median price of $588,000

PriceCount
$200K - 300K2
$300K - 400K3
$400K - 500K8
$500K - 600K11
$600K - 700K5
$700K - 800K3
$800K - 900K3
$900K - 1M1
$1M - Max5
Property TypeCount
Single Family27
Townhouse6
Condo4
Rental5
Lots and Land3
Condo/Town/CoOp1

(Data as of 2/19/2019)

Population Demographics

The population of the community broken down by age group. The numbers at the top of each bar indicate the number of people in the age bracket below.

Norwood, NJ Population Demographics

Total: 5,693

Households:1,921

Median Age: 48.07

Climate and Weather

The Temperature chart displays average high and low values for January and July, and is designed to provide an indication of both seasonal and daily temperature variability. The Weather Risk Index indicates the calculated risk of each type of weather event occurring in the future. This risk is based on historical localized storm events and weather patterns. The national average for each type of weather event equals a score of 100, so a score of 200 would represent twice the risk as the national average, and a score of 50 would represent half the risk of the national average.

Temperature (degrees F)

Norwood, NJ Temperature

Weather Risk

Norwood, NJ Weather Risk

Education

The Community Educational Index chart is based on the U.S. Census Bureau's Socioeconomic Status (SES) elements. Factors used in creating the index below are income, educational achievement, and occupation of persons within the selected ZIP code. Since this index is based on the population of an entire Zip code, it may not reflect the nature of an individual school.

Education Climate Index

Norwood, NJ Education Climate Index

Highest Education Level Attained

Norwood, NJ Highest Education Level Attained 9865221781991185911,393986522199118591

Employment and Finance

Workforce

Norwood, NJ Workforce

Income by dollar range (Median Income: $92,598)

Norwood, NJ Income by dollar range 4524260896330751411401222781781763377910810

Fair Market Rents

The Fair Market Rents show average gross rent estimates based on figures provided by the U.S. Department of Housing and Urban Development (HUD).

Studio
$1,088
One Bedroom
$1,228
Two Bedroom
$1,440
Three Bedroom
$1,859
Four Bedroom
$2,209

Smoking Ban

The Smoking Ban data indicates whether an area has a smoking ban in place for workplaces, restaurants or bars. This information represents that of the search area and may not reflect that of the whole County or State.

Workplaces
Yes
Restaurants
Yes
Bars
Yes

Crime

The Crime Index compares the risk or probability of future occurrence of certain types of crime in this community as compared to the national average. The national average for each type of crime equals a score of 1.0, so a score of 2.0 would represent twice the risk as the national average, and a score of 0.50 would represent half the risk of the national average.

Norwood, NJ Crime

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