Englishtown, NJ
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




Highest
Lowest

Highest Appreciating Englishtown Neighborhoods Since 2000




Englishtown, 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

Englishtown Housing Market Information

With a population of 1,955, 721 total housing units (homes and apartments), and a median house value of $331,572, real estate costs in Englishtown 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 Englishtown, accounting for 49.87% of the borough's housing units. Other types of housing that are prevalent in Englishtown include large apartment complexes or high rise apartments ( 18.70%), duplexes, homes converted to apartments or other small apartment buildings ( 16.75%), and a few row houses and other attached homes ( 14.68%).

The most prevalent building size and type in Englishtown are three and four bedroom dwellings, chiefly found in single-family detached homes. The borough has a mixture of owners and renters, with 59.64% owning and 40.36% renting.

There is a lot of housing in Englishtown 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 Englishtown built between 1940-1969 ( 21.43%). A lesser amount of the housing stock also hails from between 2000 and later ( 17.40%). There's also some housing in Englishtown built before 1939 ( 15.45%).

Englishtown Home Appreciation Rates

Real estate appreciation rates in Englishtown's have tracked to near the national average over the last then years, with the annual appreciation rate averaging -0.57% during the period.

Over the last year, Englishtown appreciation rates have trailed the rest of the nation. In the last twelve months, Englishtown's appreciation rate has been 1.93%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Englishtown were at 0.66%, which equates to an annual appreciation rate of 2.68%.

Relative to New Jersey, our data show that Englishtown's latest annual appreciation rate is lower 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 borough. Individual neighborhoods within Englishtown differ in their investment potential, sometimes by a great deal. Fortunately, you can use NeighborhoodScout to pinpoint the exact neighborhoods in Englishtown - 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 Englishtown real estate investment or home purchase decisions.

Average Home Values

 

Median Home Value:
$331,572

Englishtown, NJ HOME PRICES

Value Range
> $1,107,000 0.0
$830,001 - $1,107,000 1.1
$553,001 - $830,000 11.9
$443,001 - $553,000 23.7
$332,001 - $443,000 13.2
$221,001 - $332,000 35.6
$111,001 - $221,000 12.7
$55,001 - $111,000 0.0
$0 - $55,000 1.8

Average for NJ
Very High for Nation

Value Relative to Nation Value Relative to State
13.6118598382749 54.8780487804878

Number Of Homes And Apartments:
721

Englishtown 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
75.47% 3.31% 9 9
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$2,054 / per month

Homeownership Rate

Homeownership
Owners 59.64
Renters 40.36
Vacant 6.36

Housing Market Details

 

Age of Homes

AGE OF Englishtown HOMES
2000 or Newer 17.4
1970 - 1999 45.7
1940 - 1969 21.4
1939 or Older 15.5

Types of Homes

TYPE OF Englishtown HOMES
Single-Family 49.9
Townhomes 14.7
Small Apt. Buildings 16.8
Apt. Complexes 18.7
Mobile Homes 0.0
Other 0.0

Home Size

SIZE OF Englishtown HOMES
No Bedroom 5.84
1 Bedroom 7.66
2 Bedrooms 32.21
3 Bedrooms 30.52
4 Bedrooms 18.18
5 or more bedrooms 5.58