HomeNew JerseyPassaic CountyNewfoundland
Newfoundland, New Jersey: commercial real estate data.
Newfoundland is a Census CDP of 1,361 people across 6.52 square miles of land, in Passaic County. Median household income is $138,385, 84.0 percent of occupied homes are owned, and the SBA record carries 7 7(a) approvals to borrowers here worth $2.8 m since FY2020.
Underlined figures are computed by MMCG Analytics, not published by the agency.
Newfoundland
What Newfoundland is
- Census place typeCDP
- Land area6.52 sq mi
- Water area0.49 sq mi
- Population per square mile of land209 plus or minus 80
- County holding the largest share of its areaPassaic County, 100.0 percent
US Census Bureau, cartographic boundary file, places, 2024 vintage. US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Newfoundland
How many people live in Newfoundland
- Population1,361 plus or minus 524
- Median age54.0 plus or minus 13.3
- Population under 18125 plus or minus 106
- Share under 189.2 percent plus or minus 6.9
- Population 65 and over264 plus or minus 108
- Share 65 and over19.4 percent
- Households613 plus or minus 232
- Family households519 plus or minus 225
- Share of households that are families84.7 percent plus or minus 17.9
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Newfoundland
Income and work in Newfoundland
- Median household income$138,385 plus or minus $30,829
- Per capita income$60,039
- Civilian labor force847 plus or minus 378
- Employed847 plus or minus 378
- Unemployed0
- Unemployment rate0.0 percent
- Adults 25 and over1,110 plus or minus 400
- Adults 25 and over with a high school diploma or higher99.0 percent plus or minus 48.1
- Adults 25 and over with a bachelor degree or higher31.7 percent plus or minus 12.6
- Adults 25 and over with a graduate degree8.8 percent plus or minus 4.4
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Newfoundland
Housing in Newfoundland
- Housing units636 plus or minus 239
- Occupied units613 plus or minus 232
- Vacant units23 plus or minus 38
- Vacancy rate3.6 percent plus or minus 5.8
- Owner occupied515 plus or minus 228
- Renter occupied98 plus or minus 63
- Ownership rate84.0 percent plus or minus 19.3
- Median owner-occupied home value$434,600
- Median gross rent, monthly$1,495 plus or minus $303
- Annual rent as a share of median income13.0 percent plus or minus 3.9
- Single family units561 plus or minus 233
- Share single family88.2 percent
- Units in buildings of two or more67 plus or minus 62
- Share in buildings of two or more10.5 percent plus or minus 8.8
- Mobile homes8 plus or minus 13
- Median year structure built1965
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Newfoundland
How Newfoundland gets to work
- Workers 16 and over who commute744 plus or minus 374
- Commuting under 15 minutes242 plus or minus 254
- Share commuting under 15 minutes32.5 percent plus or minus 30.0
- Commuting 30 minutes or more443 plus or minus 174
- Share commuting 30 minutes or more59.5 percent plus or minus 38.0
- Drove alone75.4 percent plus or minus 45.3
- Carpooled0.8 percent plus or minus 1.7
- Public transport0.0 percent
- Walked11.6 percent plus or minus 17.6
- Worked from home12.2 percent plus or minus 13.0
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Newfoundland
SBA loans in Newfoundland (7(a))
- Approvals7
- Gross approval$2,750,100
- Average approval$392,871
- Median approval$350,000
- Largest approval$1,178,000
- Jobs supported31
- Jobs per approval4.4
- Loans with a final outcome2
- Paid in full2
- Charged off0
- Median term120 months
- Share on real estate terms of 20 years or more14.3 percent
- Share to franchises0.0 percent
- Distinct lenders4
- Distinct industries by NAICS6
Counted by borrower city: approvals to borrowers whose address is in Newfoundland, in any county, FY2020 to FY2026. Only 2 loans have reached a final outcome, fewer than the 30 a charge-off rate needs, so no rate is published.
US Small Business Administration, 7(a) FOIA release, FY2020 to FY2026 year to date, as of 2026-06-30.
Passaic County, not Newfoundland
Passaic County context, not Newfoundland figures
- Establishments in Passaic County12,406
- Covered employment, Passaic County170,830
- Average annual pay, Passaic County$63,668
- Housing units permitted, Passaic County852
Every figure in this section is published for Passaic County as a whole and is not a measurement of Newfoundland.
US Census Bureau, County Business Patterns, 2023. US Bureau of Labor Statistics, Quarterly Census of Employment and Wages, 2024 annual averages. US Census Bureau, Building Permits Survey, 2024 annual.
Coverage
What this page does not hold.
Parcel detail, zoning and the flood zone at an address are not on this page; they resolve at the address in the platform. How this page was built →
Common questions
Newfoundland questions, answered from the record.
How many people live in Newfoundland, New Jersey?
1,361, in 613 households. Newfoundland CDP covers 6.52 square miles of land, which is 209 people per square mile. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
What county is Newfoundland in?
Passaic County, which holds 100.0 percent of the place by area. Source: US Census Bureau, cartographic boundary file, places, 2024 vintage.
What is the median household income in Newfoundland?
$138,385. The median owner-occupied home is valued at $434,600. Median gross rent is $1,495 per month. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
How much SBA lending goes to Newfoundland businesses?
7 7(a) approvals totaling $2.8 m since FY2020, across 4 lenders, median approval $350,000. These count approvals to borrowers whose address is in Newfoundland, not projects sited inside the place boundary, and they are approvals recorded in the release rather than loans disbursed.
Do SBA loans to Newfoundland borrowers get paid back?
No rate is published for Newfoundland. Only 2 loans have reached a final outcome, fewer than the 30 a charge-off rate needs, so no rate is published. The counts are shown instead.
Are the county figures on this page Newfoundland figures?
No, and they are labeled so. County Business Patterns, QCEW, the Building Permits Survey, BEA product and IRS migration are published for Passaic County as a whole and there is no place level equivalent. They appear in one clearly marked section as context and are never presented as measurements of Newfoundland.
Is zoning published for Newfoundland?
No. Nothing on this page presents parcel level zoning.