Marlboro, NJ
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




Highest
Lowest

Highest Appreciating Marlboro Neighborhoods Since 2000




Marlboro, 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

Marlboro Housing Market Information

With a population of 16,415, 1,787 total housing units (homes and apartments), and a median house value of $592,495, Marlboro house prices are not only among the most expensive in New Jersey, Marlboro real estate also is some of the most expensive in all of America.

Marlboro is a town of large, single-family homes. In fact, there is a higher proportion of four, five or more bedroom homes in Marlboro than is found in 98% of the communities in America.

The large homes that make up Marlboro are primarily owner-occupied ( 95.52%).

There is a lot of housing in Marlboro 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 Marlboro built between 2000 and later ( 13.22%). A lesser amount of the housing stock also hails from between 1940-1969 ( 12.22%). There's also some housing in Marlboro built before 1939 ( 1.96%).

Marlboro Home Appreciation Rates

Real estate appreciation rates in Marlboro's have tracked to near the national average over the last then years, with the annual appreciation rate averaging -0.25% during the period.

NeighborhoodScout's data show that during the latest twelve months, Marlboro's appreciation rate, at 3.52%, has been at or slightly above the national average. In the latest quarter, Marlboro's appreciation rate has been 0.66%, which annualizes to a rate of 2.68%.

Relative to New Jersey, our data show that Marlboro's latest annual appreciation rate is higher than 60% of the other cities and towns in New Jersey.

Average Home Values

 

Median Home Value:
$592,495

Marlboro, NJ HOME PRICES

Value Range
> $1,109,000 2.2
$832,001 - $1,109,000 12.9
$554,001 - $832,000 33.1
$443,001 - $554,000 24.3
$332,001 - $443,000 14.3
$222,001 - $332,000 8.5
$111,001 - $222,000 1.6
$55,001 - $111,000 1.1
$0 - $55,000 2.1

Very High for NJ
Very High for Nation

Value Relative to Nation Value Relative to State
4.04312668463612 16.6666666666667

Number Of Homes And Apartments:
1,787

Marlboro 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
59.75% 2.75% 7 7
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$3,409 / per month

Homeownership Rate

Homeownership
Owners 95.52
Renters 4.48
Vacant 2.02

Housing Market Details

 

Age of Homes

AGE OF Marlboro HOMES
2000 or Newer 13.2
1970 - 1999 72.6
1940 - 1969 12.2
1939 or Older 2.0

Types of Homes

TYPE OF Marlboro HOMES
Single-Family 87.4
Townhomes 8.9
Small Apt. Buildings 1.2
Apt. Complexes 2.5
Mobile Homes 0.0
Other 0.0

Home Size

SIZE OF Marlboro HOMES
No Bedroom 0.98
1 Bedroom 1.18
2 Bedrooms 13.45
3 Bedrooms 16.66
4 Bedrooms 43.99
5 or more bedrooms 23.75