Clinton, NJ
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




Highest
Lowest

Highest Appreciating Clinton Neighborhoods Since 2000




Clinton, NJ Real Estate Data

Source & Methodology

Analytics built by:   Location, Inc.

Raw data sources:   American Community Survey (U.S. Census Bureau), U.S. Department of Housing and Urban Development, Federal Housing Finance Agency.

Date(s) & Update Frequency:
  • Home Values, Rents: Reflects Q1 2017. Updated quarterly.
  • Setting, Housing Stock, Homeownership: 2015 (latest available). Updated annually.

Methodology:   NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more

Clinton Housing Market Information

With 2,657 people, 1,001 houses or apartments, and a median cost of homes of $392,528, real estate costs in Clinton are among some of the highest in the nation, although house prices here don't compare to real estate prices in the most expensive New Jersey communities.

Single-family detached homes are the single most common housing type in Clinton, accounting for 55.74% of the town's housing units. Other types of housing that are prevalent in Clinton include duplexes, homes converted to apartments or other small apartment buildings ( 18.00%), large apartment complexes or high rise apartments ( 14.40%), and a few row houses and other attached homes ( 11.87%).

Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Clinton. Owner-occupied housing accounts for 70.23% of Clinton's homes, and 62.16% have either three or four bedrooms, which is average sized relative to America.

There is a lot of housing in Clinton built from 1970 to 1999 so parts of town may have that "Brady Bunch" look of homes popular in the '70s and early '80s, although some of these houses were built up through the early '90s as well. There is also a lot of housing in Clinton built before 1939 ( 31.13%). A lesser amount of the housing stock also hails from between 1940-1969 ( 23.35%). There's also some housing in Clinton built between 2000 and later ( 3.02%).

Clinton Home Appreciation Rates

Clinton's appreciation rate notably has been below the national average for the last ten years. The average annual home appreciation rate in Clinton during the period has been just -1.16%, which is lower than 70% of US communities.

NeighborhoodScout's data show that during the latest twelve months, Clinton's appreciation rate, at 3.49%, has been at or slightly above the national average. In the latest quarter, Clinton's appreciation rate has been 0.66%, which annualizes to a rate of 2.68%.

Relative to New Jersey, our data show that Clinton's latest annual appreciation rate is higher than 60% of the other cities and towns in New Jersey.

Average Home Values

 

Median Home Value:
$392,528

Clinton, NJ HOME PRICES

Value Range
> $1,100,000 0.8
$825,001 - $1,100,000 0.0
$551,001 - $825,000 8.4
$440,001 - $551,000 25.8
$330,001 - $440,000 35.1
$220,001 - $330,000 18.8
$110,001 - $220,000 3.2
$55,001 - $110,000 5.1
$0 - $55,000 2.6

Average for NJ
Very High for Nation

Value Relative to Nation Value Relative to State
9.77381928981601 42.6829268292683

Number Of Homes And Apartments:
1,001

Clinton Appreciation Rates

 
Time Period Total Appreciation Avg. Annual Rate Compared To
NJ*
Compared To
America*
Latest Quarter:
2016 Q4 - 2017 Q1
Last 12 Months:
2016 Q1 - 2017 Q1
Last 2 Years:
2015 Q1 - 2017 Q1
Last 5 Years:
2012 Q1 - 2017 Q1
Last 10 Years:
2007 Q1 - 2017 Q1
Since 2000:
2000 Q1 - 2017 Q1
42.44% 2.07% 3 5
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$1,624 / per month

Homeownership Rate

Homeownership
Owners 70.23
Renters 29.77
Vacant 2.63

Housing Market Details

 

Age of Homes

AGE OF Clinton HOMES
2000 or Newer 3.0
1970 - 1999 42.5
1940 - 1969 23.3
1939 or Older 31.1

Types of Homes

TYPE OF Clinton HOMES
Single-Family 55.7
Townhomes 11.9
Small Apt. Buildings 18.0
Apt. Complexes 14.4
Mobile Homes 0.0
Other 0.0

Home Size

SIZE OF Clinton HOMES
No Bedroom 0.39
1 Bedroom 16.73
2 Bedrooms 17.51
3 Bedrooms 35.51
4 Bedrooms 26.65
5 or more bedrooms 3.21