Median real estate price in the Borough Center of Glassboro is $172,151, which is less expensive than 91.5% of New Jersey neighborhoods and 54.9% of all U.S. neighborhoods.
The average rental price in Glassboro Borough Center is currently $1,519, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 49.7% of New Jersey neighborhoods.
Glassboro Borough Center is a suburban neighborhood (based on population density) located in Glassboro, New Jersey.
Real estate in the Borough Center of Glassboro, NJ is primarily made up of small (studio to two bedroom) to medium sized (three or four bedroom) single-family homes and small apartment buildings. Most of the residential real estate is occupied by a mixture of owners and renters. Many of the residences in the Borough Center neighborhood are older, well-established, built between 1940 and 1969. A number of residences were also built between 1970 and 1999.
Vacant apartments or homes are a major fact of life in Glassboro Borough Center. The current real estate vacancy rate here is 17.6%. This is higher than the rate of vacancies in 80.8% of all U.S. neighborhoods. In addition, most vacant housing here is vacant year round. This can sometimes be the case in neighborhoods dominated by new construction that is not yet occupied. But often neighborhoods with vacancy rates this high are places that can be plagued by a protracted vacancy problem. If you live here, you may find that a number of buildings in your neighborhood are actually empty.