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2025 Compare Cities Housing:
Somerville, NJ vs Red Bank, NJ

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Highlights
- The median age of a home in Somerville is 3.1% younger than the median age of a home in Red Bank.
 Somerville, NJRed Bank, NJUnited States
 Median Home Age64  Unlock42
 Median Home Cost  Unlock$547,500$338,100
 Home Appr. Last 12 months15.1%  Unlock16.6%
 Home Appr. Last 5 yrs.  Unlock53.3%57.0%
 Home Appr. Last 10 yrs.60.4%  Unlock101.1%
 Property Tax Rate  Unlock$19.7$11.0
 Homes Owned43.8%  Unlock57.4%
 Housing Vacant  Unlock3.1%11.2%
 Homes Rented50.2%  Unlock31.4%
 space
 Avg Rent For Home Or Apartment
 Somerville, NJRed Bank, NJUnited States
 Average Rent  Unlock$2,350$1,840
 Studio Apartment$1,270  Unlock$1,080
 1 Bedroom Home or Apartment  Unlock$1,390$1,180
 2 Bedroom Home or Apartment$1,820  Unlock$1,430
 3 Bedroom Home or Apartment  Unlock$2,380$1,860
 4 Bedroom Home or Apartment$2,450  Unlock$2,160
 space1
 Vacant Housing
 Somerville, NJRed Bank, NJUnited States
 Vacant For Rent  Unlock0.1%1.9%
 Vacant Rented0.0%  Unlock0.4%
 Vacant For Sale  Unlock0.0%0.7%
 Vacant Sold0.0%  Unlock0.4%
 Vacant Vacation  Unlock0.0%3.6%
 Vacant Other4.2%  Unlock4.1%
 space2
 Owner-Occupied Housing Value
 Somerville, NJRed Bank, NJUnited States
 Less Than $20,000  Unlock0.0%2.6%
 $20,000 to $39,9991.1%  Unlock2.4%
 $40,000 to $59,999  Unlock1.6%2.8%
 $60,000 to $79,9990.0%  Unlock3.9%
 $80,000 to $99,999  Unlock0.0%4.5%
 $100,000 to $149,9991.4%  Unlock11.3%
 $150,000 to $199,999  Unlock4.1%13.0%
 $200,000 to $299,99924.7%  Unlock20.1%
 $300,000 to $399,999  Unlock19.2%13.6%
 $400,000 to $499,99916.8%  Unlock8.3%
 $500,000 to $749,999  Unlock22.6%9.7%
 $750,000 to $999,9990.9%  Unlock3.9%
 $1,000,000 to $1,499,999  Unlock1.6%2.2%
 $1,500,000 to $1,999,9990.0%  Unlock0.8%
 $2,000,000 and over  Unlock0.9%1.1%
 space3
 Housing Units By Year Built
 Somerville, NJRed Bank, NJUnited States
 2015 and Newer0.0%  Unlock0.2%
 2010 to 2014  Unlock4.9%13.6%
 2000 to 20091.7%  Unlock13.6%
 1990 to 1999  Unlock4.6%13.6%
 1980 to 19897.2%  Unlock13.2%
 1970 to 1979  Unlock12.1%14.8%
 1960 to 19692.5%  Unlock13.6%
 1950 to 1959  Unlock12.6%10.0%
 1940 to 194910.0%  Unlock4.7%
 1939 or Earlier  Unlock35.3%12.2%
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Reviews for Somerville    3 Reviews
karla · Bedminster, NJ
Bedminster, NJ Really
Over 19 years ago

Nice community with the shore an hour away as well as NYC. Good schools. Noted for equestrian events. Jackie O lived not to far from here. Prices of homes have gone  More

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Sofia · Somerville, NJ
Fantastic place to live and raise a family!
Over 19 years ago

I love living in Somerville, which offers the charm of a small town and all of the conveniences of a larger city. Its charming Victorial architecture and a lively Main  More

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Donna · Somerville, NJ
Cost of Living
Over 19 years ago

The cost of living in Somerville is out of control. Sadly, you don't get much in return for the extremely high taxes you pay. There's an accident waiting to happen on  More

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Reviews for Red Bank    3 Reviews
Bp · Rumson, NJ
Riverview Hospital - A Room with a View
Over 17 years ago

Not only can you great medical care at Riverview Hospital, you can also get a milliion dollar view of the Navesink River to brighten your mood and speed your recovery.   More

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Bp · Rumson, NJ
Theater in Red Bank
Over 17 years ago

The Art Alliance of Monmouth County is based in Red Bank and promotes diverse visual art expressions of the 300 plus members. Count Basie Theater is scheduled to reopen  More

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Chad · Red Bank, NJ
Social and Cultural Hub For Central & South NJ
Over 18 years ago

Social and Cultural Hub for Central & South  More

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Learn More About Somerville, New Jersey
Overview
Cost of Living
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Learn More About Red Bank, New Jersey
Overview
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