Dunellen, NJ


Highest Appreciating Dunellen Neighborhoods Since 2000

Dunellen, 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

Dunellen Housing Market Information

With 7,431 people, 2,418 houses or apartments, and a median cost of homes of $304,078, Dunellen real estate prices are well above average cost compared to national prices.

Single-family detached homes are the single most common housing type in Dunellen, accounting for 56.50% of the borough's housing units. Other types of housing that are prevalent in Dunellen include duplexes, homes converted to apartments or other small apartment buildings ( 30.86%), row houses and other attached homes ( 8.09%), and a few large apartment complexes or high rise apartments ( 4.55%).

Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Dunellen. Owner-occupied housing accounts for 72.90% of Dunellen's homes, and 60.47% have either three or four bedrooms, which is average sized relative to America.

At the end of World War II, American soldiers returned home triumphant and, with the help of the GI Bill, built homes by the millions on the edges of America's cities. These homes were predominantly capes and ranches, modest in size, but built to house a growing middle-class as the 20th century became the American century. Dunellen's housing was primarily built during this period, from the '40s through the '60s. A full 54.05% of the borough's housing hails from this era. Other housing ages represented in Dunellen include homes built before 1939 ( 27.08%) and housing constructed between 1970-1999 ( 18.40%).

Dunellen Home Appreciation Rates

Homes have actually lost value in Dunellen over the last then years, as home values have seen a decline of 20.75% during the ten year period. In the latest quarter, NeighborhoodScout appreciation rate data shows Dunellen home appreciation rates at 0.66%, which equates to an annual appreciation rate of 2.68%.

Over the last year, Dunellen appreciation rates have trailed the rest of the nation. In the last twelve months, Dunellen's appreciation rate has been 2.41%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Dunellen were at 0.66%, which equates to an annual appreciation rate of 2.68%.

Relative to New Jersey, our data show that Dunellen's latest annual appreciation rate is lower than 50% of the other cities and towns in New Jersey.

Average Home Values


Median Home Value:


Value Range
> $1,065,000 0.0
$799,001 - $1,065,000 0.0
$533,001 - $799,000 1.8
$426,001 - $533,000 2.6
$320,001 - $426,000 35.5
$213,001 - $320,000 46.4
$106,001 - $213,000 11.4
$53,001 - $106,000 1.9
$0 - $53,000 0.5

Low for NJ
Very High for Nation

Value Relative to Nation Value Relative to State
15.9849994140396 62.1951219512195

Number Of Homes And Apartments:

Dunellen Appreciation Rates

Time Period Total Appreciation Avg. Annual Rate Compared To
Compared To
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
43.79% 2.13% 4 5
* 10 is highest

Rent & Ownership


Average Market Rent:
$1,759 / per month

Homeownership Rate

Owners 72.90
Renters 27.10
Vacant 5.91

Housing Market Details


Age of Homes

2000 or Newer 0.5
1970 - 1999 18.4
1940 - 1969 54.0
1939 or Older 27.1

Types of Homes

Single-Family 56.5
Townhomes 8.1
Small Apt. Buildings 30.9
Apt. Complexes 4.6
Mobile Homes 0.0
Other 0.0

Home Size

No Bedroom 0.51
1 Bedroom 8.68
2 Bedrooms 28.68
3 Bedrooms 40.16
4 Bedrooms 20.31
5 or more bedrooms 1.67