# Trenton, NJ — housing report

45 metrics over the `5y` change window, ranked against 564 municipality regions in NJ.

Between them the metrics reach from 2019-12-31 to 2026-09-30; each one covers its own window, given in the table.

## Where this region stands out

- **Effective property tax rate** — rank 28 of 564 (best end), -32.3%
- **Director's Ratio (assessment to market value)** — rank 536 of 564 (bottom end), -43.7%

## Metrics

| Metric | Start | Latest | Change | Annualised | Rank | Window |
| --- | ---: | ---: | ---: | ---: | ---: | --- |
| People per household | 2.89 ± 0.07 | 2.74 ± 0.09 | -5.2% ± 3.9% | — | 85th–541st of 564 (can't be told apart from most) | 2019-12-31 → 2024-12-31 |
| Workers commuting by transit | 8.0% ± 1.1 points | 6.6% ± 1.5 points | -17.4% ± 22.2% | — | 2nd–383rd of 537 (can't be told apart from most) | 2019-12-31 → 2024-12-31 |
| People with a disability | 13.7% ± 0.9 points | 14.4% ± 1.3 points | +5.4% ± 12.0% | — | 29th–492nd of 562 (can't be told apart from most) | 2019-12-31 → 2024-12-31 |
| Homeownership rate | 36.0% ± 1.8 points | 37.9% ± 2.5 points | +5.3% ± 8.6% | — | 10th–502nd of 563 (can't be told apart from most) | 2019-12-31 → 2024-12-31 |
| Homeowner vacancy rate | 4.1% ± 1.3 points | 1.5% ± 0.9 points | -62.8% ± 25.6% | — | 1st–382nd of 429 (can't be told apart from most) | 2019-12-31 → 2024-12-31 |
| Students at private schools, grades 9 to 12 | 8.9% ± 2.7 points | 3.5% ± 2.6 points | -60.1% ± 31.5% | — | 37th–502nd of 502 (can't be told apart from most) | 2019-12-31 → 2024-12-31 |
| Students at private schools | 5.9% ± 1.3 points | 6.3% ± 1.6 points | +6.1% ± 36.1% | — | 8th–484th of 544 (can't be told apart from most) | 2019-12-31 → 2024-12-31 |
| Students at private schools, kindergarten to grade 8 | 4.6% ± 1.4 points | 7.5% ± 2.1 points | +62.1% ± 67.2% | — | 3rd–391st of 517 (can't be told apart from most) | 2019-12-31 → 2024-12-31 |
| Homes without a complete kitchen | 3.2% ± 0.6 points | 1.5% ± 0.6 points | -54.4% ± 19.5% | — | 58th–470th of 480 (can't be told apart from most) | 2019-12-31 → 2024-12-31 |
| Homes without complete plumbing | 1.7% ± 0.4 points | 0.8% ± 0.4 points | -49.4% ± 29.9% | — | 66th–408th of 409 (can't be told apart from most) | 2019-12-31 → 2024-12-31 |
| Households of one person | 34.4% ± 2.4 points | 34.5% ± 2.5 points | +0.3% ± 9.9% | — | 16th–517th of 563 (can't be told apart from most) | 2019-12-31 → 2024-12-31 |
| Commute, minutes each way | 24.1 min ± 1.5 min | 26.9 min ± 2.2 min | +11.4% ± 11.4% | — | 160th–561st of 561 (can't be told apart from most) | 2019-12-31 → 2024-12-31 |
| Median gross rent | $1,026/mo ± $30/mo | $1,294/mo ± $52/mo | +26.1% ± 6.3% | — | 27th–465th of 522 (can't be told apart from most) | 2019-12-31 → 2024-12-31 |
| Median household income | $35,402 ± $2,048 | $52,537 ± $3,804 | +48.4% ± 13.8% | — | 1st–303rd of 551 (toward the top) | 2019-12-31 → 2024-12-31 |
| Median owner-occupied home value | $95,800 ± $3,154 | $160,700 ± $11,136 | +67.7% ± 12.9% | — | 1st–95th of 554 (near the top) | 2019-12-31 → 2024-12-31 |
| Median gross rent, one bedroom | $699/mo ± $99/mo | $997/mo ± $65/mo | +42.6% ± 22.2% | — | 2nd–332nd of 388 (can't be told apart from most) | 2019-12-31 → 2024-12-31 |
| Median gross rent, two bedrooms | $975/mo ± $40/mo | $1,341/mo ± $80/mo | +37.5% ± 10.0% | — | 5th–320th of 446 (can't be told apart from most) | 2019-12-31 → 2024-12-31 |
| Median gross rent, three bedrooms | $1,312/mo ± $38/mo | $1,738/mo ± $63/mo | +32.5% ± 6.1% | — | 7th–279th of 358 (can't be told apart from most) | 2019-12-31 → 2024-12-31 |
| Median gross rent, four or more bedrooms | $1,480/mo ± $72/mo | $1,770/mo ± $169/mo | +19.6% ± 12.8% | — | 9th–98th of 110 (can't be told apart from most) | 2019-12-31 → 2024-12-31 |
| Median gross rent, studio | $708/mo ± $76/mo | $439/mo ± $357/mo | -38.0% ± 50.9% | — | 59th–129th of 129 (toward the bottom) | 2019-12-31 → 2024-12-31 |
| Households without a car | 30.1% ± 1.8 points | 26.7% ± 2.7 points | -11.4% ± 10.6% | — | 10th–498th of 554 (can't be told apart from most) | 2019-12-31 → 2024-12-31 |
| Crowded homes | 4.4% ± 0.9 points | 7.8% ± 1.5 points | +79.2% ± 48.9% | — | 110th–445th of 445 (can't be told apart from most) | 2019-12-31 → 2024-12-31 |
| Owner costs a month, with a mortgage | $1,519/mo ± $53/mo | $1,717/mo ± $112/mo | +13.0% ± 8.4% | — | 24th–478th of 494 (can't be told apart from most) | 2019-12-31 → 2024-12-31 |
| Owner costs a month, without a mortgage | $645/mo ± $29/mo | $752/mo ± $44/mo | +16.6% ± 8.6% | — | 20th–418th of 438 (can't be told apart from most) | 2019-12-31 → 2024-12-31 |
| Owners paying half their income or more | 17.0% ± 2.5 points | 13.8% ± 3.3 points | -18.9% ± 22.8% | — | 37th–553rd of 561 (can't be told apart from most) | 2019-12-31 → 2024-12-31 |
| Total population | 83,412 ± 64 | 90,338 ± 38 | +8.3% ± 0.1% | — | 66th–154th of 564 (near the top) | 2019-12-31 → 2024-12-31 |
| Rental vacancy rate | 7.7% ± 1.2 points | 4.3% ± 1.1 points | -43.7% ± 16.4% | — | 9th–292nd of 365 (can't be told apart from most) | 2019-12-31 → 2024-12-31 |
| Renters paying over 30% of income on housing | 59.3% ± 3.0 points | 58.4% ± 4.7 points | -1.5% ± 9.4% | — | 36th–543rd of 555 (can't be told apart from most) | 2019-12-31 → 2024-12-31 |
| Renters paying half their income or more | 36.2% ± 2.4 points | 31.9% ± 3.8 points | -11.8% ± 12.0% | — | 58th–511th of 542 (can't be told apart from most) | 2019-12-31 → 2024-12-31 |
| Rent paid to the landlord, lower quarter | $533/mo ± $46/mo | $731/mo ± $96/mo | +37.1% ± 21.6% | — | 5th–457th of 509 (can't be told apart from most) | 2019-12-31 → 2024-12-31 |
| Rent paid to the landlord, upper quarter | $1,104/mo ± $23/mo | $1,405/mo ± $45/mo | +27.3% ± 4.9% | — | 43rd–432nd of 509 (can't be told apart from most) | 2019-12-31 → 2024-12-31 |
| Single-family detached homes | 14.0% ± 1.2 points | 16.2% ± 1.9 points | +15.5% ± 17.0% | — | 1st–405th of 564 (can't be told apart from most) | 2019-12-31 → 2024-12-31 |
| Vacancy rate | 20.4% ± 1.3 points | 7.1% ± 1.1 points | -65.1% ± 6.0% | — | 135th–534th of 562 (can't be told apart from most) | 2019-12-31 → 2024-12-31 |
| Households with children | 35.6% ± 1.3 points | 31.7% ± 1.9 points | -11.0% ± 6.3% | — | 117th–528th of 562 (can't be told apart from most) | 2019-12-31 → 2024-12-31 |
| Workers working from home | 1.7% ± 0.6 points | 7.1% ± 1.3 points | +325.5% ± 171.0% | — | 6th–465th of 557 (can't be told apart from most) | 2019-12-31 → 2024-12-31 |
| Director's Ratio (assessment to market value) | 95.0% | 53.5% | -43.7% | -10.8%/yr | 536th of 564 | 2020-12-31 → 2025-12-31 |
| Effective property tax rate | 5.1 | 3.5 | -32.3% | -7.5%/yr | 28th of 564 | 2020-12-31 → 2025-12-31 |
| General property tax rate | 5.5 | 5.9 | +6.4% | 1.3%/yr | 333rd of 564 | 2020-12-31 → 2025-12-31 |
| Population estimate | 90,549 | 91,506 | +1.1% | 0.2%/yr | 437th of 564 | 2020-07-01 → 2025-07-01 |
| Residential units permitted | 57 | 4 | -93.0% | -41.2%/yr | 433rd of 478 | 2020-12-31 → 2025-12-31 |
| Home value to household income | 5.31× ± 0.31× | 6.40× ± 0.46× | +20.6% ± 11.2% | — | 32nd–351st of 383 (can't be told apart from most) | 2019-12-31 → 2024-12-31 |
| Annual rent to household income | 42.7% ± 2.5 points | 43.4% ± 3.1 points | +1.5% ± 9.4% | — | 1st–21st of 23 (can't be told apart from most) | 2019-12-31 → 2024-12-31 |
| Starter home value index | $136,821 | $204,077 | +49.2% | 8.3%/yr | 122nd of 380 | 2021-09-30 → 2026-09-30 |
| Home value index, houses and condos | $252,190 | $343,291 | +36.1% | 6.4%/yr | 206th of 384 | 2021-09-30 → 2026-09-30 |
| Observed rent index, all homes | $1,466/mo | $2,030/mo | +38.4% | 6.7%/yr | 5th of 57 | 2021-09-30 → 2026-09-30 |

Rank 1 is the better end of the cohort as the metric defines better, not always the largest rise.

## Current values

Every metric's most recent reading, ranked against peers by value rather than by change. Metrics published as a single snapshot — the MOD-IV assessment aggregates and HUD's CHAS tables — appear only here, because a change needs two observations.

| Metric | Value | Rank | As of | Source |
| --- | ---: | ---: | --- | --- |
| People per household | 2.74 ± 0.09 | 62nd–314th of 564 (toward the top) | 2024-12-31 | census_acs |
| Commutes of an hour or more | 9.6% ± 1.9 points | — | 2024-12-31 | census_acs |
| Workers driving alone | 57.7% ± 3.2 points | — | 2024-12-31 | census_acs |
| Workers commuting by transit | 6.6% ± 1.5 points | 72nd–238th of 564 (toward the top) | 2024-12-31 | census_acs |
| Workers walking to work | 3.9% ± 1.3 points | — | 2024-12-31 | census_acs |
| People with a disability | 14.4% ± 1.3 points | 23rd–241st of 564 (toward the top) | 2024-12-31 | census_acs |
| Heated with electricity | 26.3% ± 2.5 points | — | 2024-12-31 | census_acs |
| Heated with utility gas | 64.2% ± 2.5 points | — | 2024-12-31 | census_acs |
| Heated with oil | 5.8% ± 1.7 points | — | 2024-12-31 | census_acs |
| Heated another way, or not at all | 1.8% ± 0.7 points | — | 2024-12-31 | census_acs |
| Heated with propane | 1.9% ± 0.7 points | — | 2024-12-31 | census_acs |
| Homeownership rate | 37.9% ± 2.5 points | 516th–543rd of 564 (near the bottom) | 2024-12-31 | census_acs |
| Homeowner vacancy rate | 1.5% ± 0.9 points | 6th–345th of 563 (toward the top) | 2024-12-31 | census_acs |
| Homes, all housing units | 34,513 ± 864 | — | 2024-12-31 | census_acs |
| Students at private schools, grades 9 to 12 | 3.5% ± 2.6 points | 152nd–561st of 561 (can't be told apart from most) | 2024-12-31 | census_acs |
| Students at private schools | 6.3% ± 1.6 points | 145th–541st of 563 (can't be told apart from most) | 2024-12-31 | census_acs |
| Students at private schools, kindergarten to grade 8 | 7.5% ± 2.1 points | 87th–523rd of 562 (can't be told apart from most) | 2024-12-31 | census_acs |
| Homes without a complete kitchen | 1.5% ± 0.6 points | 29th–371st highest of 564 (toward the high end) | 2024-12-31 | census_acs |
| Homes without complete plumbing | 0.8% ± 0.4 points | 15th–422nd highest of 564 (can't be told apart from most) | 2024-12-31 | census_acs |
| Households of one person | 34.5% ± 2.5 points | 21st–202nd of 564 (toward the top) | 2024-12-31 | census_acs |
| Married-couple households | 23.9% ± 2.3 points | — | 2024-12-31 | census_acs |
| Commute, minutes each way | 26.9 min ± 2.2 min | 22nd–408th lowest of 562 (can't be told apart from most) | 2024-12-31 | census_acs |
| Electricity a month, typical home billed for it | $191/mo (no margin available) | — | 2024-12-31 | census_acs |
| Gas a month, typical home billed for it | $95/mo (no margin available) | — | 2024-12-31 | census_acs |
| Median gross rent | $1,294/mo ± $52/mo | 388th–540th of 558 (near the bottom) | 2024-12-31 | census_acs |
| Median household income | $52,537 ± $3,804 | 524th–559th of 562 (near the bottom) | 2024-12-31 | census_acs |
| Homeowners insurance a year, typical home with a mortgage | $1,072 (no margin available) | — | 2024-12-31 | census_acs |
| Median owner-occupied home value | $160,700 ± $11,136 | 548th–557th of 560 (near the bottom) | 2024-12-31 | census_acs |
| Median gross rent, one bedroom | $997/mo ± $65/mo | 305th–443rd of 467 (toward the bottom) | 2024-12-31 | census_acs |
| Median gross rent, two bedrooms | $1,341/mo ± $80/mo | 339th–498th of 522 (toward the bottom) | 2024-12-31 | census_acs |
| Median gross rent, three bedrooms | $1,738/mo ± $63/mo | 244th–475th of 509 (toward the bottom) | 2024-12-31 | census_acs |
| Median gross rent, four or more bedrooms | $1,770/mo ± $169/mo | 130th–271st of 284 (toward the bottom) | 2024-12-31 | census_acs |
| Median gross rent, studio | $439/mo ± $357/mo | 187th–252nd of 252 (near the bottom) | 2024-12-31 | census_acs |
| Water and sewer a year, typical home billed for it | $655 (no margin available) | — | 2024-12-31 | census_acs |
| Median year built | 1953 ± 2 | 414th–526th of 548 (near the bottom) | 2024-12-31 | census_acs |
| Households without a car | 26.7% ± 2.7 points | 9th–30th of 564 (near the top) | 2024-12-31 | census_acs |
| Crowded homes | 7.8% ± 1.5 points | 10th–123rd highest of 564 (among the highest values) | 2024-12-31 | census_acs |
| Owner costs a month, with a mortgage | $1,717/mo ± $112/mo | 491st–534th of 539 (near the bottom) | 2024-12-31 | census_acs |
| Owner costs a month, without a mortgage | $752/mo ± $44/mo | 462nd–504th of 511 (near the bottom) | 2024-12-31 | census_acs |
| Owners paying half their income or more | 13.8% ± 3.3 points | 29th–428th highest of 563 (can't be told apart from most) | 2024-12-31 | census_acs |
| Total population | 90,338 ± 38 | 10th of 564 | 2024-12-31 | census_acs |
| Rental vacancy rate | 4.3% ± 1.1 points | 21st–402nd of 563 (can't be told apart from most) | 2024-12-31 | census_acs |
| Renters paying over 30% of income on housing | 58.4% ± 4.7 points | 9th–431st highest of 563 (can't be told apart from most) | 2024-12-31 | census_acs |
| Renters paying half their income or more | 31.9% ± 3.8 points | 16th–375th highest of 563 (toward the high end) | 2024-12-31 | census_acs |
| Renters paying utilities on top of rent | 79.8% (no margin available) | — | 2024-12-31 | census_acs |
| Rent paid to the landlord, lower quarter | $731/mo ± $96/mo | 408th–540th of 557 (near the bottom) | 2024-12-31 | census_acs |
| Rent paid to the landlord, upper quarter | $1,405/mo ± $45/mo | 382nd–525th of 556 (near the bottom) | 2024-12-31 | census_acs |
| Studios and one-bedroom homes | 23.8% ± 2.3 points | — | 2024-12-31 | census_acs |
| Homes in buildings of 20 or more | 16.0% ± 1.9 points | — | 2024-12-31 | census_acs |
| Homes in buildings of two to four | 14.7% ± 1.8 points | — | 2024-12-31 | census_acs |
| Two-bedroom homes | 24.5% ± 2.8 points | — | 2024-12-31 | census_acs |
| Three-bedroom homes | 35.5% ± 2.8 points | — | 2024-12-31 | census_acs |
| Four or more bedrooms | 16.1% ± 1.8 points | — | 2024-12-31 | census_acs |
| Homes in buildings of five to 19 | 9.5% ± 1.7 points | — | 2024-12-31 | census_acs |
| Townhouses and other attached homes | 43.4% ± 2.5 points | — | 2024-12-31 | census_acs |
| Built 1940 to 1979 | 41.2% ± 3.2 points | — | 2024-12-31 | census_acs |
| Built 1980 to 1999 | 10.0% ± 1.8 points | — | 2024-12-31 | census_acs |
| Built in 2000 or later | 10.7% ± 2.0 points | — | 2024-12-31 | census_acs |
| Built before 1940 | 38.1% ± 2.6 points | — | 2024-12-31 | census_acs |
| Single-family detached homes | 16.2% ± 1.9 points | 533rd–550th of 564 (near the bottom) | 2024-12-31 | census_acs |
| Mobile homes | 0.2% ± 0.2 points | — | 2024-12-31 | census_acs |
| Vacancy rate | 7.1% ± 1.1 points | 75th–307th of 564 (toward the top) | 2024-12-31 | census_acs |
| Empty for other reasons | 52.7% ± 7.2 points | — | 2024-12-31 | census_acs |
| Empty homes kept for seasonal use | 1.0% (0.0% to 2.3%) | — | 2024-12-31 | census_acs |
| Households with children | 31.7% ± 1.9 points | 111th–363rd of 564 (toward the top) | 2024-12-31 | census_acs |
| Workers working from home | 7.1% ± 1.3 points | 391st–553rd of 564 (near the bottom) | 2024-12-31 | census_acs |
| Owners paying over 30% of income, HUD CHAS | 25.0% ± 3.5 points | 32nd–492nd lowest of 563 (can't be told apart from most) | 2022-12-31 | hud_chas |
| Renters paying over 30% of income, HUD CHAS | 57.5% ± 4.3 points | 2nd–348th highest of 562 (toward the high end) | 2022-12-31 | hud_chas |
| Renters paying over 50% of income, HUD CHAS | 32.1% ± 3.7 points | 5th–344th highest of 562 (toward the high end) | 2022-12-31 | hud_chas |
| Flood insurance claims paid | 1 | — | 2024-12-31 | fema_nfip_claims |
| Flood insurance paid | $1,455 | — | 2024-12-31 | fema_nfip_claims |
| Homes in FEMA's 1% flood zone (count) | 734 | — | 2026-12-31 | fema_nfhl |
| Homes in FEMA's 1% flood zone | 2.1% | 96th lowest of 518 | 2026-12-31 | fema_nfhl |
| Homes in FEMA's 0.2% flood zone | 4.6% | 103rd highest of 518 | 2026-12-31 | fema_nfhl |
| Homes FEMA's flood map determines | 100.0% | — | 2026-12-31 | fema_nfhl |
| Conventional loans, home purchases | 51.5% | — | 2025-12-31 | ffiec_hmda |
| Denials for credit history | 18.6% | — | 2025-12-31 | ffiec_hmda |
| Denials for debt-to-income | 37.3% | — | 2025-12-31 | ffiec_hmda |
| Home-purchase applications denied | 19.2% | — | 2025-12-31 | ffiec_hmda |
| Denials for the home's value | 10.2% | — | 2025-12-31 | ffiec_hmda |
| FHA loans, home purchases | 45.5% | — | 2025-12-31 | ffiec_hmda |
| Median borrower income, home purchases | $74,000 | — | 2025-12-31 | ffiec_hmda |
| Median mortgage, home purchases | $245,000 | — | 2025-12-31 | ffiec_hmda |
| Median loan costs, home purchases | $8,332 | — | 2025-12-31 | ffiec_hmda |
| Median loan-to-value, home purchases | 96.5% | — | 2025-12-31 | ffiec_hmda |
| Median mortgage rate, home purchases | 6.5% | — | 2025-12-31 | ffiec_hmda |
| Home-purchase mortgages made | 235 | — | 2025-12-31 | ffiec_hmda |
| VA loans, home purchases | 3.0% | — | 2025-12-31 | ffiec_hmda |
| Jobs held by residents | 34,167 | — | 2023-12-31 | census_lodes |
| Residents' jobs in their home county | 44.6% | — | 2023-12-31 | census_lodes |
| Residents' jobs in New York City | 2.9% | — | 2023-12-31 | census_lodes |
| Residents' jobs elsewhere in New Jersey | 42.5% | — | 2023-12-31 | census_lodes |
| Residents' jobs in other states | 2.4% | — | 2023-12-31 | census_lodes |
| Residents' jobs in Pennsylvania | 7.6% | — | 2023-12-31 | census_lodes |
| Residents' jobs in their own town | 17.6% | — | 2023-12-31 | census_lodes |
| Median assessed value, residential parcels | $55,000 | 560th of 563 | 2024-12-31 | nj_modiv |
| Median residential lot size | 0.05 ac | 557th of 561 | 2024-12-31 | nj_modiv |
| Annual property tax bill, typical home | $3,173 | 557th of 563 | 2024-12-31 | nj_modiv |
| Median year built, residential parcels | 1911 | 554th of 562 | 2024-12-31 | nj_modiv |
| Apartment share of residential parcels | 0.8% | 115th of 564 | 2024-12-31 | nj_modiv |
| Residential parcels | 20,861 | 14th of 564 | 2024-12-31 | nj_modiv |
| Vacant land share of parcels | 3.9% | 249th of 564 | 2024-12-31 | nj_modiv |
| Affordable units in projects reported completed | 46 | — | 2026-07-01 | nj_affordable |
| DCA fourth-round present need, non-binding | 1,084 | — | 2024-10-18 | nj_affordable |
| DCA fourth-round prospective need, capped and non-binding | 0 | — | 2024-10-18 | nj_affordable |
| Home heating-oil tank cleanups | 1 | — | 2026-12-31 | njdep_kcsl |
| Contaminated sites, cleanup open | 91 | — | 2026-12-31 | njdep_kcsl |
| Contaminated sites, cleaned up with controls | 72 | — | 2026-12-31 | njdep_kcsl |
| Homes in the climate-adjusted tidal flood area | 0.6% | 172nd lowest of 392 | 2026-12-31 | njdep_cafe |
| Director's Ratio (assessment to market value) | 53.5% | 479th of 564 | 2025-12-31 | nj_tax_rates |
| Effective property tax rate | 3.5 | 14th highest of 564 | 2025-12-31 | nj_tax_rates |
| General property tax rate | 5.9 | 29th of 564 | 2025-12-31 | nj_tax_rates |
| Net homes added | 0 | — | 2025-12-31 | nj_construction |
| Net homes added per 1,000 homes | 0.0 per 1,000 homes (no sampling error) | 307th–448th of 557 (toward the bottom) | 2022-12-31 | hip_derived |
| Revaluation or reassessment | 2017 | — | 2017-12-31 | nj_revaluations |
| Homes completed | 0 | — | 2025-12-31 | nj_construction |
| Homes completed, one- and two-family | 0 | — | 2025-12-31 | nj_construction |
| Homes completed, mixed-use | 0 | — | 2025-12-31 | nj_construction |
| Homes completed, multifamily | 0 | — | 2025-12-31 | nj_construction |
| Homes demolished | 0 | — | 2025-12-31 | nj_construction |
| Population estimate | 91,506 | 10th of 564 | 2025-07-01 | census_pep |
| Residential units permitted | 4 | 399th of 563 | 2025-12-31 | census_permits |
| Home value to household income | 6.40× ± 0.46× | 42nd–136th highest of 388 (toward the high end) | 2024-12-31 | hip_derived |
| Annual rent to household income | 43.4% ± 3.1 points | 1st–12th highest of 80 (among the highest values) | 2024-12-31 | hip_derived |
| Sale price to household income | 2.36× ± 0.17× | 2nd–73rd lowest of 536 (among the lowest values) | 2024-12-31 | hip_derived |
| Sale price per square foot | $110 | 535th of 538 | 2026-06-30 | nj_sr1a |
| Typical sale price, recent transactions | $175,000 | 535th of 540 | 2026-06-30 | nj_sr1a |
| Median sale price, last twelve months | $211,000 | — | 2026-06-30 | nj_sr1a |
| Assessed value to sale price | 36.4% | — | 2026-06-30 | nj_sr1a |
| Median year built, homes sold | 1912 | — | 2026-06-30 | nj_sr1a |
| Sale price, lower quarter | $130,000 | — | 2026-06-30 | nj_sr1a |
| Sale price, upper quarter | $235,000 | — | 2026-06-30 | nj_sr1a |
| Usable home sales, three years | 768 | — | 2026-06-30 | nj_sr1a |
| Homes sold a year per 1,000 | 14.7 per 1,000 homes | 446th of 540 | 2026-06-30 | hip_derived |
| Homes near any transit stop | 99.2% | — | 2026-12-31 | bts_ntm |
| Homes within a quarter mile of a bus stop | 99.0% | — | 2026-12-31 | bts_ntm |
| Homes within half a mile of a rail stop | 30.7% | — | 2026-12-31 | bts_ntm |
| Homes on public water | 100.0% | — | 2026-12-31 | njdep_water_areas |
| Homes on a system with a recent health-based violation | 100.0% | — | 2026-12-31 | epa_sdwis |
| Starter home value index | $204,077 | 367th of 383 | 2026-09-30 | zillow_zhvi_bottom |
| Home value index, houses and condos | $343,291 | 341st of 388 | 2026-09-30 | zillow_zhvi |
| Observed rent index, all homes | $2,030/mo | 206th of 238 | 2026-09-30 | zillow_zori |

## Margins of error

± is a survey figure's 90% margin of error, as the publisher reports it or as its inputs imply: a change's margin is in the change's own terms, and a share's in percentage points. A rank given as a range is where those margins let this region fall — the survey cannot place it more precisely. "no margin available" means the publisher reports none for that figure, which is still an estimate; "no sampling error" means the figure is fixed to another estimate rather than drawn from the sample. A survey figure's annualised change is not shown, because no margin is computed for it.

## Relationships between figures

The connections between figures this report supports. Any other link between two measures is not in the data, and no cause is but a ratio's own arithmetic.

- **Median gross rent** changed +26.1% ± 6.3% and **Median household income** +48.4% ± 13.8% over 2019 to 2024: the first rose more slowly, by more than their margins allow. A comparison, not a cause.
- **Median owner-occupied home value** changed +67.7% ± 12.9% and **Median household income** +48.4% ± 13.8% over 2019 to 2024: the first rose faster, by more than their margins allow. A comparison, not a cause.
- **Home value to household income** moved from 5.31× to 6.40× (2019 to 2024): over the same years the yearly average of Home value index, houses and condos changed +79.0% ($187,947 to $336,377) and Median household income +48.4% ± 13.8% ($35,402 to $52,537). The ratio moved because its two sides did — arithmetic, and the one cause this report states.
- **Annual rent to household income** moved from 42.7% to 43.4% (2019 to 2024): over the same years the yearly average of Observed rent index, all homes changed +50.7% ($1,260 to $1,899) and Median household income +48.4% ± 13.8% ($35,402 to $52,537). The ratio moved because its two sides did — arithmetic, and the one cause this report states.

## Caveats

- ACS 5-year vintages overlap by four years, so consecutive estimates are not independent measurements and short windows understate the real separation.
- Affordability ratios are computed by this platform from two published series, not published by either source. The monthly value or rent series is averaged over the survey year to match the annual income denominator.
- This site's sale-price ratio divides the median of usable sales over three years by household income. It measures what buyers paid, not what the typical home is worth, so it compares with other places' sale-price ratios, not with the home value to income ratio.
- Zillow's rent index begins in 2015 and covers far fewer places than its home-value index, so any rent figure rests on a thinner base — and ranks against a smaller cohort — than a value figure.
- Permit counts are small numbers below county level, so a large percentage change can rest on a handful of units and mean little.
- Sale prices describe the one- to four-family homes that sold, not every home: a median that rises can mean pricier homes changed hands rather than homes becoming worth more. Counties and the state are computed from the deeds themselves, never from town medians.
- The sales ratio is a home's assessed value over its sale price. Below 100% means assessments trail the market, which they do more the longer since a town last revalued; it is not a tax rate and says nothing alone about a bill.
- The state's revaluation and reassessment lists begin with tax year 2017; a town on none of them has not revalued since at least then.
- CHAS figures are HUD's tabulation of ACS 2018-2022 microdata, published a year behind the ACS they draw on. One vintage is loaded, so they show no change over time and describe earlier years than the newest ACS figures beside them.
- The property tax bill is the median total tax across one- to four-family homes in MOD-IV, New Jersey's assessment records, for the tax year its period names — the year NJOGIS last joined its parcel map to. It is the bill as levied, before relief paid to individual households such as ANCHOR, and it follows each municipality's own assessments rather than a rate on market value.
- Some values here were matched to this place by name and county rather than by FIPS code. That is a weaker claim than an exact identifier match, and Zillow publishes no FIPS below county level.
- Some metrics rank this region against fewer peers than the level contains, because not every region carries every metric. Compare ranks only within the cohort size each one reports.

## Sources

| Source | Publisher | Vintage | Retrieved | Releases | Licence |
| --- | --- | --- | --- | ---: | --- |
| National Transit Map — stops | Bureau of Transportation Statistics | current | 2026-10-06 | 1 | Public domain (U.S. Government work) |
| American Community Survey, 5-year estimates | U.S. Census Bureau | 2019 | 2026-09-26 | 9 | Public domain (U.S. Government work) |
| American Community Survey, 5-year estimates | U.S. Census Bureau | 2024 | 2026-09-26 | 11 | Public domain (U.S. Government work) |
| LEHD Origin-Destination Employment Statistics (LODES 8) | U.S. Census Bureau | 2023 | 2026-10-06 | 1 | Public domain (U.S. Government work) |
| Population Estimates Program, Vintage 2025 | U.S. Census Bureau | 2025 | 2026-09-19 | 1 | Public domain (U.S. Government work) |
| Building Permits Survey | U.S. Census Bureau | 2020 | 2026-09-11 | 1 | Public domain (U.S. Government work) |
| Building Permits Survey | U.S. Census Bureau | 2025 | 2026-09-23 | 1 | Public domain (U.S. Government work) |
| Safe Drinking Water Information System — violations | U.S. Environmental Protection Agency | current | 2026-10-03 | 1 | Public domain (U.S. Government work) |
| National Flood Hazard Layer — flood hazard zones | Federal Emergency Management Agency | current | 2026-10-03 | 1 | Public domain (U.S. Government work) |
| NFIP Redacted Claims (v3) | Federal Emergency Management Agency (OpenFEMA) | current | 2026-10-03 | 1 | OpenFEMA Terms and Conditions |
| Home Mortgage Disclosure Act data (HMDA) | Consumer Financial Protection Bureau (FFIEC) | 2025 | 2026-10-07 | 1 | Public domain (U.S. Government work) |
| Computed by the platform | Housing Intelligence Platform | b8440bf3c940acf7 | 2026-10-22 | 1 | Derived from cited sources |
| Comprehensive Housing Affordability Strategy (CHAS) | U.S. Department of Housing and Urban Development | 2018-2022 | 2026-09-11 | 1 | Public domain (U.S. Government work) |
| Affordable housing calculations and municipal status reports | NJ Department of Community Affairs | current | 2026-10-04 | 2 | Open public record |
| Construction Reporter — housing units certified and demolished | New Jersey Department of Community Affairs | 2025-ytd | 2026-10-02 | 2 | Open public record |
| Tidal Climate Adjusted Flood Elevation (sea-level rise 4 ft) | New Jersey Department of Environmental Protection | current | 2026-10-03 | 1 | NJDEP Data Distribution Agreement |
| Known Contaminated Sites List | New Jersey Department of Environmental Protection | current | 2026-10-16 | 1 | NJDEP Data Distribution Agreement |
| Public Community Water Purveyor Service Areas | New Jersey Department of Environmental Protection | current | 2026-10-03 | 1 | NJDEP Data Distribution Agreement |
| MOD-IV property tax assessment records (NJ Division of Taxation) | NJ Office of Information Technology, Office of GIS (NJOGIS) | current | 2026-10-02 | 1 | Open public record |
| Approved revaluations and reassessments | New Jersey Division of Taxation | 2017 | 2026-10-01 | 1 | Open public record |
| SR1A sales file | New Jersey Division of Taxation | 2026ytd | 2026-09-20 | 1 | Open public record |
| General and effective tax rates, and the Director's Ratio | New Jersey Division of Taxation | 2025 | 2026-09-20 | 3 | Open public record |
| Zillow Home Value Index | Zillow Research | current | 2026-10-19 | 1 | Free for non-commercial use with attribution |
| Zillow Home Value Index, bottom tier | Zillow Research | current | 2026-10-22 | 1 | Free for non-commercial use with attribution |
| Zillow Observed Rent Index | Zillow Research | current | 2026-10-19 | 1 | Free for non-commercial use with attribution |

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Generated from analysis packet `1.7` for region `240` (GEOID `3402174000`). Every figure is read from the housing warehouse and produced by the sources above, subject to the caveats. Nothing in this report is model-generated.

## Terms and notices

Not for commercial use: Annual rent to household income, Home value index, houses and condos, Home value to household income, Observed rent index, all homes, Starter home value index come from, or are calculated from, data licensed for non-commercial use with attribution.

Data Provided by Zillow Group.

Source: Consumer Financial Protection Bureau, Home Mortgage Disclosure Act data, https://ffiec.cfpb.gov/

This (map/publication/report) was developed using New Jersey Department of Environmental Protection Geographic Information System digital data, but this secondary product has not been verified by NJDEP and is not state-authorized or endorsed.

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.

This product uses the Federal Emergency Management Agency's OpenFEMA API, but is not endorsed by FEMA. The Federal Government or FEMA cannot vouch for the data or analyses derived from these data.

This product uses the HUD User Data API but is not endorsed or certified by HUD User.

U.S. Census Bureau, LEHD Origin-Destination Employment Statistics, version 8, https://lehd.ces.census.gov/data/lodes