Zip 08009 (Berlin, NJ) Housing


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Housing in 08009 Berlin, NJ is very desirable and has seen an increase in value over the past year. The median value of a house in this area is $319,900, which is lower than the US median value of $338,100. However, the rate of appreciation in 08009 Berlin, NJ was more than double the national rate at 15.62%, making it a great place to invest in property. This rapid appreciation reflects the desirability and quality of living found here.

The median home cost in Berlin (zip 08009) is $319,900. Home appreciation the last 10 years has been 69.6%. Home Appreciation in Berlin (zip 08009) is up 18.1%.

Average Age of Homes
- The median age of Berlin (zip 08009) real estate is 39 years old
The Rental Market in Berlin (zip 08009)
- Renters make up 14.7% of the Berlin (zip 08009) population
- 2.4% of houses and apartments in Berlin (zip 08009), 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.

Median Monthly Rent by Number of Bedrooms

   Housing by Year Built

  HousingBerlin, New JerseyUnited States
  5,641.0139,647,020.0
  4442
  $319,900$338,100
  18.1%16.6%
  57.0%57.0%
  69.6%101.1%
  $32.05$10.98
  $7,738$2,690
  77.2%57.4%
  4.4%11.2%
  18.4%31.4%
  Vacant Housing
  2.4%1.9%
  0.0%0.4%
  0.0%0.7%
  0.0%0.4%
  0.0%3.6%
  2.0%4.1%
  Value of Owner-Occupied Housing
  1.3%2.6%
  1.0%2.4%
  0.6%2.8%
  0.3%3.9%
  1.0%4.5%
  9.3%11.3%
  17.3%13.0%
  48.0%20.1%
  15.7%13.6%
  4.7%8.3%
  0.4%9.7%
  0.2%3.9%
  0.0%2.2%
  0.0%0.8%
  0.3%1.1%
  Housing Units by Year Structure Built
  0.0%0.2%
  16.2%13.6%
  16.2%13.6%
  11.8%13.6%
  9.3%13.2%
  22.9%14.8%
  11.8%13.6%
  12.7%10.0%
  5.2%4.7%
  6.5%12.2%
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