ZIP Code · NJ

ZIP 07508

Pop. 23,762·Passaic County·114th most expensive ZIP in New Jersey
Median rent (all units)
$2,451/mo
Year-over-Year
+3.6%
Month-over-Month
Stable
vs US Median
+$519
Reported rents
Stable (Monthly)
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Most AffordableMost Expensive
ZIP 07508 · $2,451
More expensive than 79% of US ZIP codes · National median $1,932/mo
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Medians by bedroom

Rent by unit size

Studio
$1,760
1 BR
$2,000
2 BR
$2,300
3 BR
$2,810
4 BR+
$3,580
Research median
$2,300/mo

Bedroom estimates are gross rents that include essential utilities (electricity, water, gas, sewer, trash).

Rent trends

12-month history

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Last updated: October 17, 2026

From the history

What the numbers show

Past year vs. the rest of New Jersey

Rent in ZIP 07508 changed +3.6% over the year to September 2026. Across the 149 New Jersey ZIP codes Zillow tracks, the typical change was +2.8%.

Recent direction

Rent rose in 8 of the last 12 months.

What a typical income covers

30% of the median household income ($95,806) is $2,395 a month. That covers HUD's Fair Market Rent for up to a 2-bedroom ($2,300); a 3-bedroom is $2,810.

Cheaper nearby

ZIP 07522, 2 miles away, rents for 19% less ($1,996/mo), about $5,500 a year in savings.

From Zillow's monthly rent index (ZORI) for ZIP 07508. Income is the Census median household income (5-year estimates). Fair Market Rents are HUD’s, which include utilities.

Annual cost
$29,412/yr
At $2,451/mo median
Location
StateNJ
CountyPassaic County
Rent Market Meter
Landlord's Market
Renter's MarketBalancedLandlord's Market
Rents are climbing (3.6% YoY), so leverage tilts toward landlords. Act sooner rather than later.
Based on rent-price momentum (+3.6% YoY, +0.0% MoM), not inventory.
Demographics

Who lives here

ZIP 07508 (North Haledon, NJ) is majority owner-occupied, has a median income above the national average, 32.6% of residents hold a bachelor's degree or higher.

Population
23,762
Median income
$95,806
Median age
42.1
Renters
36.6%
Age distribution
22.1%
18.8%
27.4%
13.7%
18%
Under 1822.1%
18–3418.8%
35–5427.4%
55–6413.7%
65+18%
Gender
48.5%
51.5%
Male48.5%
Female51.5%
Race & ethnicity
44.4%
12.7%
43.1%
White44.4%
Black12.7%
Hispanic43.1%
Asian4.9%
Education (25+)
33.2%
24.7%
32.6%
No HS diploma9.5%
HS diploma33.2%
Some college24.7%
Bachelor's+32.6%
Housing tenure
63.4%
36.6%
Owner63.4%
Renter36.6%

Source: U.S. Census Bureau · ACS 2024 5-Year Estimates

2021 vs 2026

How ZIP 07508 in North Haledon, NJ has changed in 5 years

Income
$89,160 → $95,806
up 7.5%
Population
23,730 → 23,762
up 0.1%
Renter share
37.1% → 36.6%
-0.5 pts
Bachelor's+
28.5% → 32.6%
+4.1 pts
Median age
40.8 → 42.1
+1.3 yrs

Local incomes tracked alongside that move, going from a median of $89,160 in 2021 to $95,806 more recently. College-educated residents now make up 32.6% of adults here, versus 28.5% in 2021.

Community

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Local insights

Tips for renters in ZIP 07508

About renting in ZIP 07508

Last updated: October 17, 2026

ZIP code 07508 covers North Haledon, NJ. The median rent here is $2,451/mo as of October 2026. A 1-bedroom rents for a median of $2,000/mo. A 2-bedroom rents for a median of $2,300/mo.

At 31% of local median household income ($95,806/yr), ZIP 07508 ranks as moderate compared to the national benchmark of 30%. Rents have increased 3.6% over the past year.

FAQ

Frequently asked questions

How much income do you need to rent in ZIP 07508?

To keep rent at or below 30% of gross income, you would need to earn at least $98,000/year (about $47/hour full-time) to afford the median rent of $2,451/mo in ZIP 07508. The local median household income is $95,806/yr, so the typical household falls short of that bar.

Is rent going up or down in ZIP 07508?

Rent in ZIP 07508 has risen 3.6% over the past year.

How does ZIP 07508 compare to other ZIPs in New Jersey?

ZIP 07508 is in the middle among New Jersey ZIP codes for rent, ranking #114 of 209 at $2,451/mo. Over the year to September 2026, rent in ZIP 07508 changed +3.6%, against a typical +2.8% across the 149 New Jersey ZIP codes Zillow tracks.

How does ZIP 07508 compare to the rest of North Haledon?

At $2,451/mo, ZIP 07508 is $790 below the North Haledon citywide median of $3,241/mo.
Income Affordability
31%
MODERATE

At $2,451/mo, rent takes ~31% of ZIP 07508's median household income ($95,806/yr). The standard benchmark is 30%.

ZIP 07508 31%Benchmark 30%
State income tax1.4–10.75%
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Schools nearby

Public schools near ZIP 07508 (North Haledon, NJ)

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