07023
Fanwood, New Jersey.
Fanwood, Union County, NJ · New York-Newark-Jersey City, NY-NJ-PA metro · population 7,799
to buy the typical home at today's mortgage rate — +$2,327 (+123%) since Jan 2020.
- 1 year
- Up $40,368 +5%
- $762,129$802,498 since Sep 2025
- 5 years
- Up $216,555 +37%
- $585,942$802,498 since Sep 2021
Monthly payment to buy the typical home
Home value × that month's 30-year mortgage rate, 20% down, principal and interest. This is the line households feel: prices and rates compound each other.
- 07023$4,212
- United States$1,922
At the last five years' pace, a typical home here doubles in price every 11 years.
Typical home values in zip 07023 rose 5.3% over the past year — faster than the nation's +1.2%.
Zillow also publishes an index for the city itself: Fanwood, NJ — measured over the city limits, which is a different area from this zip.
Typical home value — 07023
Mid-tier homes, smoothed and seasonally adjusted.
- 07023$802,498
- New York$730,949
- United States$366,157
Within 20 miles
Showing 30 of 175 zips in range — sorting picks from all 175.
| Miles sorted ascending, activate to sort descending | Zip activate to sort by Zip | City activate to sort by City | Population activate to sort by Population | Rent activate to sort by Rent | Home value activate to sort by Home value |
|---|---|---|---|---|---|
| 0.9 | 07076 | Scotch Plains | 24,843 | $2,923 | $837,431 |
| 1.2 | 07062 | Plainfield | 15,399 | $2,307 | $496,751 |
| 2.3 | 07090 | Westfield | 31,111 | $2,973 | $1,305,612 |
| 2.6 | 07060 | Plainfield | 48,363 | $2,150 | $526,822 |
| 2.8 | 07069 | Watchung | 6,623 | $2,540 | $1,079,625 |
| 3.0 | 07092 | Mountainside | 7,049 | — | $1,048,067 |
| 3.2 | 07922 | Berkeley Heights | 12,195 | $3,336 | $937,843 |
| 3.3 | 07027 | Garwood | 4,885 | — | $677,525 |
| 3.9 | 07974 | New Providence | 13,349 | $3,198 | $1,004,734 |
| 4.0 | 07063 | Plainfield | 14,235 | — | $489,848 |
| 4.1 | 07066 | Clark | 15,622 | $2,350 | $717,896 |
| 4.4 | 07016 | Cranford | 24,074 | $3,119 | $773,488 |
| 4.6 | 08820 | Edison | 39,978 | $3,165 | $817,591 |
| 4.9 | 07080 | South Plainfield | 24,411 | $2,651 | $581,281 |
| 5.0 | 07067 | Colonia | 18,587 | $2,472 | $639,233 |
| 5.1 | 07081 | Springfield | 17,171 | $2,617 | $700,286 |
| 5.1 | 07901 | Summit | 24,314 | $2,977 | $1,400,982 |
| 5.5 | 07933 | Gillette | 2,995 | — | $769,592 |
| 5.7 | 07033 | Kenilworth | 8,401 | — | $625,327 |
| 5.7 | 08812 | Dunellen | 14,224 | $2,447 | $583,807 |
| 6.0 | 07065 | Rahway | 30,109 | $2,472 | $537,708 |
| 6.0 | 07928 | Chatham | 19,974 | $3,106 | $1,369,976 |
| 6.1 | 08830 | Iselin | 19,551 | $2,631 | $553,900 |
| 6.2 | 07980 | Stirling | 2,675 | — | $755,250 |
| 6.5 | 07204 | Roselle Park | 14,093 | $2,527 | $542,262 |
| 6.6 | 07203 | Roselle | 22,646 | $2,488 | $516,454 |
| 6.8 | 07059 | Warren | 16,811 | $3,328 | $1,134,887 |
| 6.9 | 08840 | Metuchen | 18,206 | $2,773 | $687,648 |
| 7.0 | 07946 | Millington | 2,982 | — | $908,585 |
| 7.1 | 07083 | Union | 58,170 | $2,586 | $576,973 |
Coordinates and population from SimpleMaps US Zips (Basic). Rent and home values from Zillow Research.