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New Jersey Real Estate Trends

New Jersey Median Home Sales Price

State
National

As of January 2010, the median sales price for New Jersey real estate is $305,000 which is an increase of 7.0% from the previous month, a increase of 2.0% from 6 months prior, and a increase of 8.9% from 12 months prior.

New Jersey Number of Home Sales

State
National

Unable to determine a number of home sales for January.

New Jersey Real Estate Markets

The best and worst performing zip codes measures which zip codes in New Jersey have had either the best or worst previous month based on their median home sales prices.The best zip codes for January 2010 were 08618, 07726, 08520, 08005, and 07753 while the worst were 07111, 07305, 08226, 08332, and 08021.

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New Jersey Demographics

Population  
Population (2008 estimate): 8,682,661
% Population Change (2000 - 2008): 3.2%
Median Household Income (2007): $67,142
Persons below poverty level (2007): 8.5%
Population Makeup  
Median Age: 37
Families with Children: 72.4%
Less than 5 Years Old (2008): 6.4%
Less than 18 Years Old (2008): 23.6%
65 Years or Older (2008): 13.3%

New Jersey Crime

Personal 76 crimes/10,000 people*
Property 88 crimes/10,000 people*

*Annually
A personal crime is a crime that is acted upon a person. A property crime is a crime that is an act on one's personal property such as a burglary or destrution of property.

New Jersey Home Facts

Housing Units (2007): 3,499,406
Homeownership Rate (2000): 65.6%
% Population living in the same home:
(1995 and 2000 (> 5 years old))
59.8%
Total State Land Area (sq miles): 7,417
People Per Sq Mile: 6.1

Home Age

Year Built Percentage of Homes
2000 - 2009 3.4%
1995 - 1999 2.7%
1990 - 1994 2.1%
1980 - 1989 7.2%
1970 - 1979 6.9%
1901 - 1969 35.3%
Older than 1900 42.4%