Zip 08869 (Raritan, NJ) Housing

The housing market in Raritan, NJ (08869) is booming, with the median value currently at $420,000. This is significantly higher than the US average of $338,100. The US has seen a 1 year house appreciation of 8.27%, yet in Raritan the appreciation rate is an impressive 10.79%. With such a high rate of appreciation, it's no wonder why people are flocking to invest in this hot housing market!

The median home cost in Raritan (zip 08869) is $420,000. Home appreciation the last 10 years has been 60.4%. Home Appreciation in Raritan (zip 08869) is up 15.1%.

Average Age of Homes

- The median age of Raritan (zip 08869) real estate is 54 years old

The Rental Market in Raritan (zip 08869)

- Renters make up 32.0% of the Raritan (zip 08869) population
- 1.3% of houses and apartments in Raritan (zip 08869), 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	Raritan, New Jersey	United States
	3,256.0	139,647,020.0
	53	42
	$420,000	$338,100
	15.1%	16.6%
	43.3%	57.0%
	60.4%	101.1%
	$22.18	$10.98
	$8,192	$2,690
	53.6%	57.4%
	4.2%	11.2%
	42.2%	31.4%
Vacant Housing
	1.3%	1.9%
	0.7%	0.4%
	0.7%	0.7%
	0.0%	0.4%
	0.6%	3.6%
	0.9%	4.1%
Value of Owner-Occupied Housing
	0.2%	2.6%
	0.5%	2.4%
	0.0%	2.8%
	0.5%	3.9%
	0.7%	4.5%
	2.2%	11.3%
	5.6%	13.0%
	13.9%	20.1%
	38.1%	13.6%
	26.7%	8.3%
	10.3%	9.7%
	1.3%	3.9%
	0.0%	2.2%
	0.0%	0.8%
	0.0%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	10.2%	13.6%
	10.2%	13.6%
	15.1%	13.6%
	4.0%	13.2%
	7.0%	14.8%
	15.1%	13.6%
	13.6%	10.0%
	5.1%	4.7%
	20.1%	12.2%

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