Hoboken, New Jersey.
Typical home $894,141 (+5.1% in a year), asking rent $4,005 (+3.8%). New York-Newark-Jersey City, NY-NJ-PA metro.
to buy the typical home at today's mortgage rate — +$1,704 (+57%) since Jan 2020.
- 1 year
- Up $43,120 +5%
- $851,021$894,141 since Sep 2025
- 5 years
- Up $38,780 +5%
- $855,361$894,141 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.
- Hoboken$4,693
- New Jersey$3,019
- United States$1,922
At the last five years' pace, a typical home here doubles in price every 78 years.
Typical home values in Hoboken, NJ rose 5.1% over the past year — faster than the nation's +1.2%.
Asking rents in Hoboken, NJ rose 3.8% over the past year — faster than the nation's +2.7%.
Owning the typical home in Hoboken runs $2,965/mo more than renting one. The gap peaked at $3,226 in Oct 2023.
That is $6,970 a month against $4,005 rent: a $4,693 mortgage payment, plus $1,319 property tax and $957 insurance & upkeep.
Owning vs renting — Hoboken
The owning line is the typical home's monthly payment at that month's rate, plus property tax and insurance & upkeep; the renting line is the typical asking rent; the grey line is the mortgage payment on its own. Same homes, same months, both ways of paying for a roof.
- Owning all in$6,970
- Renting$4,005
- Mortgage only$4,693
Property tax · $1,319/mo 1.77% of value a year — the ACS 2020-2024 median bill over the median home value for Hudson County, NJ
Insurance & upkeep · $957/mo insurance, maintenance and repairs together, from the BLS Consumer Expenditure Survey — the national figure for mortgaged homeowners, scaled to this market's home value. BLS publishes the three bundled and they cannot be split.
Both are priced off the same month's home value, so they rise with the market. Neither is a quote — a specific home's bill depends on its assessment, its age and its insurer.
Living in Hoboken, Hudson County, New Jersey
Hoboken is a city of 60,419 people in Hudson County. Half its households earn more than $180,579 a year and half less, against $91,795 across Hudson County; 8% of its people live below the poverty line. 34% of its homes are lived in by their owners and 66% are rented. Unemployment in Hoboken was 2.6% in August 2026, and Hudson County had 0.7% fewer jobs in 2025 than the year before. The most residents work in professional services, then finance and property.
Written by AI Claude Sonnet 5.5 wrote this on 23 October 2026 from the figures here, a list of nearby places and what it knows. It can be wrong or out of date.
What it’s like
The place. Hoboken is a dense city on the Hudson River waterfront, and its residents are younger than in most places, with a median age that sits well below what is typical across the country. Household incomes run far above the county's, and so does the cost of a home and of a month's rent. Most households rent rather than own, a four-year degree is the norm among adults, and the winters are cold and snowy while summers turn warm.
Work. Many residents work in professional and business services, in banks, insurance and property, in schools, hospitals and social care, and in media and telecoms. Among the largest workplaces in Hoboken are Unilever's headquarters, Hoboken University Medical Center and the Hoboken Public School District. Commutes are long, and a good share of residents work from home. Unemployment is lower than a year ago, though across Hudson County there are slightly fewer jobs than the year before.
Things to do. The Museum of Modern Art, the National September 11 Memorial & Museum and the High Line are all in or beside town. A short drive away are the Statue of Liberty, a well-known tourist attraction, and Central Park, a large garden in the middle of the city. The Metropolitan Museum of Art is also a short drive away.
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- 28,088households
- 83%of adults have a degree
- 8%below the poverty line
- 37 mintypical commute
- 37%work from home
What residents work in
Employed residents by industry, from the Census survey. Hudson County had 271,856 jobs in 2025, 0.7% fewer than the year before (Bureau of Labor Statistics).
Weather through the year
Coldest in January, with highs near 40° and lows near 28°; warmest in July, with highs near 85° and lows near 70°. About 30 inches of snow and 50 inches of rain and melted snow a year.
Average daily high and low, 1991–2020, at the New York Cntrl Pk Twr weather station, 4 miles away (NOAA).
Largest workplaces in Hoboken
- Unilever Headquarters - HobokenCorporate offices1,072
- Hoboken University Medical CenterGeneral hospital701FTE
- Hoboken Public School DistrictSchool district469FTE
- Academy BUSCharter bus industry170
- Inserra SupermarketsRetail165
- Trader Joe's 0611 HobokenGrocery store165
- Compass Group133
- Prime NowGeneral warehousing and storage127
Staff on average in 2025, as each workplace reported it to OSHA with its injury records: 14 workplaces with 20 or more staff, 2,241 people in all. Hospitals come from their Medicare cost reports (CMS, 2023) and school districts from the Common Core of Data (NCES, 2023–24); FTE marks full-time equivalent staff. Not listed: many offices and banks, which need not report to OSHA; military bases, whose staff OPM withholds; and, in about half the states, city and county governments.
Natural hazards
- Inland floodingVery high
- Coastal floodingRelatively moderate
- Heat wavesRelatively moderate
FEMA’s National Risk Index (December 2025) rates the risk each natural hazard poses to the people, buildings and farms in Hoboken’s census tracts, against the rest of the country; all of them together, relatively moderate. It is meant for planning, not a substitute for a local risk assessment or a flood map: FEMA’s index.
From the U.S. Census Bureau’s 2020 census and its American Community Survey (2020–2024 five-year estimates), and the Bureau of Labor Statistics. A survey, so each figure has a margin of error, and figures it is not sure of are left out. More on Hudson County and the New York-Newark-Jersey City, NY-NJ-PA metro.
Hoboken home values
Zillow measures a city over its municipal boundary. Against the state and national figures, mid-tier homes, smoothed and seasonally adjusted.
- Hoboken$894,141
- New Jersey$575,123
- United States$366,157
Levy by levy, and a check of one home’s own bill, the site covers Ohio’s property tax.
Sellers are cutting prices on about 1 in 5 Hoboken listings — the market is cooling.
When this market ran hot
Each cell is that month's year-on-year home-value growth. Read left to right, top row is the latest year — the 2021–22 band is the boom.
Market heat, inside the city limits
Share of listings with a price cut
The early-warning dial: sellers cut when buyers stop reaching. Rising cuts cool a market months before prices notice.
- Hoboken19.63%
- United States26.90%
Homes for sale
Active for-sale inventory. More supply hands power to buyers.
- Hoboken177
New listings per month
Sellers arriving at the market.
- Hoboken64
Median sale price
What buyers actually paid — closed sales, not asking prices.
- Hoboken$965,315
- United States$371,407
Zip codes with a Hoboken address
A different geography, not a breakdown. The figure above covers the municipality; these zips cover everywhere the Post Office calls Hoboken — often including townships beyond the city limits. Both come straight from Zillow, and they are not expected to average out.