Mantua, NJ
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




Highest
Lowest

Highest Appreciating Mantua Neighborhoods Since 2000




Mantua, 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

Mantua Housing Market Information

With 12,573 people, 2,739 houses or apartments, and a median cost of homes of $272,870, Mantua real estate prices are well above average cost compared to national prices.

Single-family detached homes are the single most common housing type in Mantua, accounting for 55.21% of the town's housing units. Other types of housing that are prevalent in Mantua include row houses and other attached homes ( 18.72%), large apartment complexes or high rise apartments ( 16.83%), and a few mobile homes or trailers ( 6.22%).

Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Mantua. Owner-occupied housing accounts for 83.04% of Mantua's homes, and 60.06% have either three or four bedrooms, which is average sized relative to America.

There is a lot of housing in Mantua 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 Mantua built between 1940-1969 ( 27.26%). A lesser amount of the housing stock also hails from between 2000 and later ( 9.29%). There's also some housing in Mantua built before 1939 ( 2.27%).

Mantua Home Appreciation Rates

Real estate appreciation rates in Mantua's have tracked to near the national average over the last then years, with the annual appreciation rate averaging -0.43% during the period.

Over the last year, Mantua appreciation rates have trailed the rest of the nation. In the last twelve months, Mantua's appreciation rate has been 2.98%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Mantua were at 0.00%, which equates to an annual appreciation rate of 0.00%.

Relative to New Jersey, our data show that Mantua's latest annual appreciation rate is higher than 50% of the other cities and towns in New Jersey.

Average Home Values

 

Median Home Value:
$272,870

Mantua, NJ HOME PRICES

Value Range
> $1,113,000 2.9
$835,001 - $1,113,000 3.9
$557,001 - $835,000 5.1
$446,001 - $557,000 11.4
$334,001 - $446,000 20.1
$222,001 - $334,000 20.0
$111,001 - $222,000 25.3
$56,001 - $111,000 1.3
$0 - $56,000 9.9

Low for NJ
Very High for Nation

Value Relative to Nation Value Relative to State
19.404078284308 71.3414634146341

Number Of Homes And Apartments:
2,739

Mantua 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
51.15% 2.42% 5 6
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$1,039 / per month

Homeownership Rate

Homeownership
Owners 83.04
Renters 16.96
Vacant 3.26

Housing Market Details

 

Age of Homes

AGE OF Mantua HOMES
2000 or Newer 9.3
1970 - 1999 61.2
1940 - 1969 27.3
1939 or Older 2.3

Types of Homes

TYPE OF Mantua HOMES
Single-Family 55.2
Townhomes 18.7
Small Apt. Buildings 3.0
Apt. Complexes 16.8
Mobile Homes 6.2
Other 0.0

Home Size

SIZE OF Mantua HOMES
No Bedroom 1.12
1 Bedroom 6.90
2 Bedrooms 30.54
3 Bedrooms 41.94
4 Bedrooms 18.12
5 or more bedrooms 1.39