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2024 Compare Cities Housing:
Somerset, NJ vs Princeton, NJ

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Highlights
- The median age of a home in Somerset is 32.6% younger than the median age of a home in Princeton.

Housing
 Somerset, NJPrinceton, NJUnited States
 Median Home Age435742
 Median Home Cost$432,200$868,000$338,100
 Home Appr. Last 12 months15.1%18.4%16.6%
 Home Appr. Last 5 yrs.43.3%45.9%57.0%
 Home Appr. Last 10 yrs.60.4%62.6%101.1%
 Property Tax Rate$22.2$27.6$11.0
 Homes Owned69.3%52.5%57.4%
 Housing Vacant5.3%10.9%11.2%
 Homes Rented25.4%36.6%31.4%
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 Avg Rent For Home Or Apartment
 Somerset, NJPrinceton, NJUnited States
 Average Rent$2,510$2,650$1,840
 Studio Apartment$1,460$1,470$1,080
 1 Bedroom Home or Apartment$1,660$1,690$1,180
 2 Bedroom Home or Apartment$2,100$2,220$1,430
 3 Bedroom Home or Apartment$2,550$2,690$1,860
 4 Bedroom Home or Apartment$2,810$2,970$2,160
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 Vacant Housing
 Somerset, NJPrinceton, NJUnited States
 Vacant For Rent0.0%1.1%1.9%
 Vacant Rented1.4%0.0%0.4%
 Vacant For Sale1.1%0.5%0.7%
 Vacant Sold0.0%0.2%0.4%
 Vacant Vacation0.1%1.5%3.6%
 Vacant Other2.6%7.6%4.1%
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 Owner-Occupied Housing Value
 Somerset, NJPrinceton, NJUnited States
 Less Than $20,0001.1%0.6%2.6%
 $20,000 to $39,9990.6%0.4%2.4%
 $40,000 to $59,9990.0%0.3%2.8%
 $60,000 to $79,9990.0%0.0%3.9%
 $80,000 to $99,9990.4%0.0%4.5%
 $100,000 to $149,9991.2%1.8%11.3%
 $150,000 to $199,9995.2%1.1%13.0%
 $200,000 to $299,99930.2%1.0%20.1%
 $300,000 to $399,99937.6%3.5%13.6%
 $400,000 to $499,99917.5%1.4%8.3%
 $500,000 to $749,9994.6%25.0%9.7%
 $750,000 to $999,9991.7%25.8%3.9%
 $1,000,000 to $1,499,9990.0%21.3%2.2%
 $1,500,000 to $1,999,9990.0%7.6%0.8%
 $2,000,000 and over0.0%10.1%1.1%
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 Housing Units By Year Built
 Somerset, NJPrinceton, NJUnited States
 2015 and Newer0.0%0.1%0.2%
 2010 to 20144.3%7.1%13.6%
 2000 to 20094.3%7.1%13.6%
 1990 to 19996.2%8.2%13.6%
 1980 to 198933.1%7.1%13.2%
 1970 to 197914.5%7.9%14.8%
 1960 to 19696.2%8.2%13.6%
 1950 to 195910.0%17.4%10.0%
 1940 to 19490.8%5.0%4.7%
 1939 or Earlier3.2%22.3%12.2%

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Reviews for Somerset    7 Reviews

Over 10 years ago

I am moving to Somerset. I have heard that Cost of living to too high in somerset. I am getting a pay Of $72,800.00 per year. Can I survive with this pay. I am moving  More

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Over 12 years ago

best plce for 55+  More

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Over 17 years ago

Very nice place to live. Very  More

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Reviews for Princeton    5 Reviews

Many cities have colleges in them, but Princeton's character and quality of life are very deeply influenced by having such an outstanding school contributing to all  More

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Over 15 years ago

police are very quick to respond and resolve crime problems. very safe place to live. when you feel safe, all other issues are  More

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You'll never lose on a real estate investment in Princeton. It has that cache that people always desire. McCarter Theatre, University concerts, fine dining, great  More

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ZIPS IN SOMERSET, NEW JERSEY
No Zip Codes Here.
ZIPS IN PRINCETON, NEW JERSEY
08540 08542

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