Housing in New Jersey
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| Median Home Age | 44.8 | 35.1 |
| Median Home Cost | $256,000 | $153,800 |
| Home Appreciation | -3.11% | 1.62% |
| Homes Owned | 59.17% | 57.69% |
| Housing Vacant | 9.55% | 11.38% |
| Homes Rented | 31.29% | 30.93% |
| Property Tax Rate | $23.69 | $11.20 |
OWNER-OCCUPIED HOUSING UNITS BY VALUE
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| Less Than $20,000 | 0.20% | 2.72% |
| $20,000 to $39,999 | 0.57% | 4.03% |
| $40,000 to $59,999 | 0.73% | 5.58% |
| $60,000 to $79,999 | 1.00% | 7.09% |
| $80,000 to $99,999 | 1.30% | 8.80% |
| $100,000 to $149,999 | 7.96% | 21.26% |
| $150,000 to $199,999 | 12.98% | 14.87% |
| $200,000 to $299,999 | 28.48% | 16.82% |
| $300,000 to $399,999 | 18.79% | 7.83% |
| $400,000 to $499,999 | 10.59% | 4.04% |
| $500,000 to $749,999 | 11.25% | 4.05% |
| $750,000 to $999,999 | 2.76% | 1.26% |
| $1,000,000 or more | 3.39% | 1.64% |
HOUSING UNITS BY YEAR STRUCTURE BUILT
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| 1999 to 2005 | 8.47% | 13.71% |
| 1995 to 1998 | 9.19% | 14.31% |
| 1990 to 1994 | 9.19% | 14.31% |
| 1980 to 1989 | 11.55% | 13.87% |
| 1970 to 1979 | 12.80% | 16.17% |
| 1960 to 1969 | 14.54% | 11.70% |
| 1950 to 1959 | 15.90% | 11.08% |
| 1940 to 1949 | 8.85% | 6.02% |
| 1939 or Earlier | 18.69% | 13.15% |
The median home value in New Jersey, NJ, is $256,000. Home appreciation is -3.11% over the last year. The median age of New Jersey, NJ, real estate is 45 years.
New Jersey, NJ Apartments and Rentals
Renters make up 31.29% of the New Jersey, NJ, population. 9.55% of houses and apartments in New Jersey, NJ, are unoccupied (vacancy rate).
New Jersey Housing SperlingViews
out of control property taxes : The corruption in the county and state government is so entrenched that it will take at least a couple of decades to clean it up ,if it ever get cleaned. I live in... (read more)Property Taxes: New Jersey was a great state to grow up in. But property taxes will be its undoing. It has become a cash cow for municipalities. Need more money? Raise property Taxes!... (read more)best places in nj closet to ny to live: planning on moving to nj in 2 years. need a town that is close to... (read more)Have an opinion about New Jersey? Leave a commentTo See All SperlingViews for New Jersey Click Here
