Linden, NJ
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




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Highest Appreciating Linden Neighborhoods Since 2000




Linden, 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

Linden Housing Market Information

With 42,021 people, 14,235 houses or apartments, and a median cost of homes of $283,915, Linden real estate prices are well above average cost compared to national prices.

Single-family detached homes are the single most common housing type in Linden, accounting for 46.85% of the city's housing units. Other types of housing that are prevalent in Linden include duplexes, homes converted to apartments or other small apartment buildings ( 35.02%), large apartment complexes or high rise apartments ( 14.41%), and a few row houses and other attached homes ( 3.50%).

The most prevalent building size and type in Linden are three and four bedroom dwellings, chiefly found in single-family detached homes. The city has a mixture of owners and renters, with 58.16% owning and 41.84% renting.

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. Linden's housing was primarily built during this period, from the '40s through the '60s. A full 56.34% of the city's housing hails from this era. Other housing ages represented in Linden include homes built between 1970-1999 ( 20.02%) and housing constructed before 1939 ( 17.50%). There's also some housing in Linden built between 2000 and later ( 6.14%).

Linden Home Appreciation Rates

Homes have actually lost value in Linden over the last then years, as home values have seen a decline of 22.97% during the ten year period. In the latest quarter, NeighborhoodScout appreciation rate data shows Linden home appreciation rates at 0.66%, which equates to an annual appreciation rate of 2.68%.

NeighborhoodScout's data show that during the latest twelve months, Linden's appreciation rate, at 3.18%, has been at or slightly above the national average. In the latest quarter, Linden's appreciation rate has been 0.66%, which annualizes to a rate of 2.68%.

Relative to New Jersey, our data show that Linden's latest annual appreciation rate is higher than 50% 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 city. Individual neighborhoods within Linden differ in their investment potential, sometimes by a great deal. Fortunately, you can use NeighborhoodScout to pinpoint the exact neighborhoods in Linden - 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 Linden real estate investment or home purchase decisions.

Average Home Values

 

Median Home Value:
$283,915

Linden, NJ HOME PRICES

Value Range
> $1,098,000 0.7
$824,001 - $1,098,000 0.0
$549,001 - $824,000 1.4
$439,001 - $549,000 5.9
$329,001 - $439,000 24.8
$220,001 - $329,000 41.3
$110,001 - $220,000 23.5
$55,001 - $110,000 1.0
$0 - $55,000 1.4

Low for NJ
Very High for Nation

Value Relative to Nation Value Relative to State
18.0358607758116 68.6991869918699

Number Of Homes And Apartments:
14,235

Linden 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
52.58% 2.48% 5 6
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$1,688 / per month

Homeownership Rate

Homeownership
Owners 58.16
Renters 41.84
Vacant 8.90

Housing Market Details

 

Age of Homes

AGE OF Linden HOMES
2000 or Newer 6.1
1970 - 1999 20.0
1940 - 1969 56.3
1939 or Older 17.5

Types of Homes

TYPE OF Linden HOMES
Single-Family 46.8
Townhomes 3.5
Small Apt. Buildings 35.0
Apt. Complexes 14.4
Mobile Homes 0.0
Other 0.2

Home Size

SIZE OF Linden HOMES
No Bedroom 3.39
1 Bedroom 13.74
2 Bedrooms 29.25
3 Bedrooms 41.80
4 Bedrooms 10.37
5 or more bedrooms 1.45