East Brunswick, NJ
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




Highest
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Highest Appreciating East Brunswick Neighborhoods Since 2000




East Brunswick, 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

East Brunswick Housing Market Information

With a population of 46,603, 1,776 total housing units (homes and apartments), and a median house value of $387,604, real estate costs in East Brunswick 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 East Brunswick, accounting for 68.35% of the town's housing units. Other types of housing that are prevalent in East Brunswick include large apartment complexes or high rise apartments ( 15.03%), row houses and other attached homes ( 13.38%), and a few duplexes, homes converted to apartments or other small apartment buildings ( 3.07%).

Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in East Brunswick. Owner-occupied housing accounts for 82.36% of East Brunswick's homes, and 63.00% have either three or four bedrooms, which is average sized relative to America.

There is a lot of housing in East Brunswick 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 East Brunswick built between 1940-1969 ( 42.02%). A lesser amount of the housing stock also hails from between 2000 and later ( 4.33%). There's also some housing in East Brunswick built before 1939 ( 3.14%).

East Brunswick Home Appreciation Rates

East Brunswick's appreciation rate notably has been below the national average for the last ten years. The average annual home appreciation rate in East Brunswick during the period has been just -1.57%, which is lower than 80% of US communities.

Over the last year, East Brunswick appreciation rates have trailed the rest of the nation. In the last twelve months, East Brunswick's appreciation rate has been 1.40%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in East Brunswick were at 0.66%, which equates to an annual appreciation rate of 2.68%.

Relative to New Jersey, our data show that East Brunswick's latest annual appreciation rate is lower than 70% of the other cities and towns in New Jersey.

One very important thing to keep in mind is that these are average appreciation rates for the town. Individual neighborhoods within East Brunswick differ in their investment potential, sometimes by a great deal. Fortunately, you can use NeighborhoodScout to pinpoint the exact neighborhoods in East Brunswick - or in any city or town - that have the best track record of real estate appreciation, by the latest quarter, the last year, 2 years, 5 years, 10 years, or even since 2000, to assist you in making the best East Brunswick real estate investment or home purchase decisions.

Average Home Values

 

Median Home Value:
$387,604

East Brunswick, NJ HOME PRICES

Value Range
> $1,077,000 0.4
$808,001 - $1,077,000 1.9
$539,001 - $808,000 15.6
$431,001 - $539,000 25.0
$323,001 - $431,000 28.4
$216,001 - $323,000 16.5
$108,001 - $216,000 9.8
$54,001 - $108,000 0.6
$0 - $54,000 1.9

Average for NJ
Very High for Nation

Value Relative to Nation Value Relative to State
10.0140630493379 43.0894308943089

Number Of Homes And Apartments:
1,776

East Brunswick 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
48.08% 2.30% 4 6
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$2,203 / per month

Homeownership Rate

Homeownership
Owners 82.36
Renters 17.64
Vacant 4.89

Housing Market Details

 

Age of Homes

AGE OF East Brunswick HOMES
2000 or Newer 4.3
1970 - 1999 50.5
1940 - 1969 42.0
1939 or Older 3.1

Types of Homes

TYPE OF East Brunswick HOMES
Single-Family 68.3
Townhomes 13.4
Small Apt. Buildings 3.1
Apt. Complexes 15.0
Mobile Homes 0.2
Other 0.0

Home Size

SIZE OF East Brunswick HOMES
No Bedroom 1.18
1 Bedroom 8.79
2 Bedrooms 20.07
3 Bedrooms 29.85
4 Bedrooms 33.15
5 or more bedrooms 6.95