Which NJ cities have the best percentage of equity-rich homes?

Nearly half of all mortgaged residential properties in the United States are considered “stock-heavy”, according to a new report from ATTOM Data Solutions, which has counted 10 consecutive quarters of this upward trend.

ATTOM defines equity as when the amount of money that is still owed on a property does not exceed 50% of its estimated market value.

The national rate is 48.5%. New Jersey falls well below the stock-rich national rate at 40.2%.

The state, however, compares favorably, at 2.7%, with the US mortgage average of 2.9% considered seriously under water.

Breaking down the numbers to the municipal level, ZIP Code 08202 – Avalon in Cape May County – ranks 13th nationally with 82.4% equity-rich properties.

The Jersey Shore actually dominates the top 10 ZIPs in the Garden State, while three of the bottom 10 ZIPs in terms of equity-rich homes are in or around the state capital of Trenton.


08202 (Avallon)

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08243 (Sea Isle City)

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08008 (Beach Haven)

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07762 (Spring Lake)

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08226 (Ocean City)

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08204 (Cape May)

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08402 (Margate town)

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08260 (Wildwood)

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08735 (Lavallette)

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08251 (Villas)

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The the last 10 postcodesaccording to ATTOM

07103 (New York, 29.6%)

07874 (Stanhope, 29.5%)

08618 (Trenton, 29.1%)

07419 (Hamburg, 28.6%)

08104 (Camden, 28.5%)

07921 (Bedroom, 28.0%)

08629 (Trenton, 27.3%)

08085 (Swedenboro, 26.9%)

07020 (Waterfront, 24.6%)

08611 (Trenton, 19.3%).

Patrick Lavery is a reporter and anchor for New Jersey 101.5. You can reach him at [email protected]

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