Zip 08512 (Cranbury, NJ) Housing

The housing market in 08512 Cranbury, NJ is booming. According to the data, the median value of a house in 08512 Cranbury, NJ is $613,800 which is considerably higher than the US median value of $338,100. This difference is further highlighted by the fact that house appreciation in 08512 Cranbury, NJ has been 16.62% over the last year compared to 8.27% nationwide. This shows that there is a great opportunity for homeowners and investors in this area with prices only likely to continue to rise as demand continues to grow for quality properties.

The median home cost in Cranbury (zip 08512) is $613,800. Home appreciation the last 10 years has been 62.6%. Home Appreciation in Cranbury (zip 08512) is up 18.4%.

Average Age of Homes

- The median age of Cranbury (zip 08512) real estate is 38 years old

The Rental Market in Cranbury (zip 08512)

- Renters make up 38.1% of the Cranbury (zip 08512) population
- 0.0% of houses and apartments in Cranbury (zip 08512), 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

Housing	Cranbury, New Jersey	United States
	4,678.0	139,647,020.0
	44	42
	$613,800	$338,100
	18.4%	16.6%
	45.9%	57.0%
	62.6%	101.1%
	$24.36	$10.98
	$10,001	$2,690
	58.9%	57.4%
	5.8%	11.2%
	35.3%	31.4%
Vacant Housing
	0.0%	1.9%
	1.0%	0.4%
	0.2%	0.7%
	0.5%	0.4%
	1.2%	3.6%
	2.9%	4.1%
Value of Owner-Occupied Housing
	0.0%	2.6%
	0.0%	2.4%
	3.2%	2.8%
	1.9%	3.9%
	2.4%	4.5%
	5.3%	11.3%
	3.2%	13.0%
	3.4%	20.1%
	10.6%	13.6%
	19.2%	8.3%
	22.0%	9.7%
	22.5%	3.9%
	5.9%	2.2%
	0.0%	0.8%
	0.3%	1.1%
Housing Units by Year Structure Built
	0.5%	0.2%
	14.0%	13.6%
	14.0%	13.6%
	14.2%	13.6%
	12.2%	13.2%
	9.1%	14.8%
	14.2%	13.6%
	9.1%	10.0%
	3.0%	4.7%
	13.3%	12.2%

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