East Brunswick, NJ
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




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East Brunswick, NJ Real Estate Data


East Brunswick Housing Market Information

With 46,603 people, 1,796 houses or apartments, and a median cost of homes of $406,970, 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 67.59% of the town's housing units. Other types of housing that are prevalent in East Brunswick include large apartment complexes or high rise apartments ( 14.87%), row houses and other attached homes ( 14.09%), and a few duplexes, homes converted to apartments or other small apartment buildings ( 3.08%).

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 83.97% of East Brunswick's homes, and 61.68% 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 ( 42.63%). A lesser amount of the housing stock also hails from before 1939 ( 3.85%). There's also some housing in East Brunswick built between 2000 and later ( 3.78%).

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 -1.28%, 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 4.25%, 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 1.43%, which equates to an annual appreciation rate of 5.85%.

Relative to New Jersey, our data show that East Brunswick's latest annual appreciation rate is higher than 60% 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:
$406,970

East Brunswick, NJ HOME PRICES

Value Range
> $1,115,000 0.2
$836,001 - $1,115,000 1.3
$557,001 - $836,000 15.9
$446,001 - $557,000 23.7
$334,001 - $446,000 28.4
$223,001 - $334,000 18.1
$112,001 - $223,000 9.7
$56,001 - $112,000 0.4
$0 - $56,000 2.2

Average for NJ
Very High for Nation

Value Relative to Nation Value Relative to State
9.39860631258418 40.8536585365854

Number Of Homes And Apartments:
1,796

Rent & Ownership

 

Average Market Rent:
$1,769 / per month

Homeownership Rate

Homeownership
Owners 83.97
Renters 16.03
Vacant 4.20

Housing Market Details

 

Age of Homes

AGE OF East Brunswick HOMES
2000 or Newer 3.8
1970 - 1999 49.7
1940 - 1969 42.6
1939 or Older 3.9

Types of Homes

TYPE OF East Brunswick HOMES
Single-Family 67.6
Townhomes 14.1
Small Apt. Buildings 3.1
Apt. Complexes 14.9
Mobile Homes 0.4
Other 0.0

Home Size

SIZE OF East Brunswick HOMES
No Bedroom 1.39
1 Bedroom 7.78
2 Bedrooms 21.19
3 Bedrooms 28.67
4 Bedrooms 33.01
5 or more bedrooms 7.96

East Brunswick Appreciation Rates

 
Time Period Total Appreciation Avg. Annual Rate Compared To
NJ*
Compared To
America*
Latest Quarter:
2016 Q2 - 2016 Q3
Last 12 Months:
2015 Q4 - 2016 Q3
Last 2 Years:
2014 Q4 - 2016 Q3
Last 5 Years:
2011 Q4 - 2016 Q3
Last 10 Years:
2006 Q4 - 2016 Q3
Since 2000:
2000 Q1 - 2016 Q3
54.98% 2.61% 5 7
* 10 is highest