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An old charm neighborhood of Bergen County bordering with Closter and prides itself on its OCCC School of Art which is housed in an old Church building built 125 years ago. The school offers varied courses in arts and crafts from beginner’s level to professionally geared students.
The gazebo and the duck pond with its mini waterfall are the town’s center. To preserve its old charm appeal industry is not permitted in Demarest and the natural forestry surrounding it is closely protected.
Zip code: 07627
Median Family income: $165,619
Average Property Tax: $16,568(2012)
Real Estate in Demarest
Why buy Real Estate in Demarest?
- Demarest is a true bedroom community with a very intimate feel
- Demarest has a reasonable commute to Manhattan approx. 35 minutes
- Demarest has a top rated public school system ( For High School Demarest is part of the Northern Valley Regional High) Read more about Demarest schools
- Demarest real estate has been more stable than its neighboring towns thus maintaining its values over the years
In New Jersey Monthly’s latest bi-annual survey of the best towns in NJ, Demarest reached #8. The average price of homes sold in Demarest between January 2005 and December 2012 was $931,205 with the median Price being $729,000 Homes for sale in Demarest offer everything from luxurious Mansions, new construction, colonial-style homes, Ranch and Split level style. Close to 90% of Demarest homes are owned indicating pride of ownership and commitment to the community. Located close to the cultural hub in Manhattan Demarest is a great choice for family life.
Demarest Real Estate Statistics
| Year | 2000 | 2001 | 2002 | 2003 | 2004 | 2005 | 2006 | 2007 | 2008 |
|---|---|---|---|---|---|---|---|---|---|
| Avg. $sold price | 512,513 | 532,516 | 691,221 | 657,373 | 866,422 | 864,934 | 1,082,618 | 973,345 | 1,052,627 |
| % Change | na | +4% | +29% | -4% | +31% | +0% | +25% | -10% | +8% |
| Year | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 |
|---|---|---|---|---|---|---|---|---|---|
| Avg. sold price | 830,750 | 841,026 | 859,740 | 888,969 | 869,488 | 1,010,404 | 985,556 | 1,093,205 | 942,450 |
| % Change | -21% | +1.25% | +2.2% | +3.3% | -2% | +16% | -2.4% | +11% | -13.8% |
| Year | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|---|
| Avg. $sold price | 1,057,546 | 1,017,917 | 1,048,994 | 1,137,475 | 1,368,985 | 1,423,389 | |||
| % Change | +12.2% | -3.7% | +3% | +8% | +20% | +4% |
Click here for the Demarest SoldReports
Demarest Average Sold Prices
Household Income
Occupation & Education:
The occupation make-up of the Demarest population is 81% “White Collar” and 19% “Blue Collar”. Over 3500 residents hold graduate or higher academic degrees and approximately 3200 hold academic bachelor degrees.
Want to read more about Demarest? Read our Demarest community information page.