Housing in Sewaren, NJ is quite desirable, with a median value of $400,400. This is significantly higher than the U.S. House Median Value of $338,100. In addition to this, there has also been an impressive 10.07% 1 year appreciation in house values in Sewaren, NJ compared to 8.27% across the country as a whole. This indicates that not only is housing in Sewaren expensive but that it also continues to appreciate at a faster rate than average throughout the United States.
The median home cost in Sewaren is $400,400. Home appreciation the last 10 years has been 66.2%. Home Appreciation in Sewaren is up 13.9%.
Average Age of Homes
- The median age of Sewaren real estate is 61 years old
The Rental Market in Sewaren
- Renters make up 12.9% of the Sewaren population
- 0.3% of houses and apartments in Sewaren, are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.