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.
Methodology: NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more
With 42,725 people, 2,247 houses or apartments, and a median cost of homes of $305,393, North Brunswick real estate prices are well above average cost compared to national prices.
Single-family detached homes are the single most common housing type in North Brunswick, accounting for 39.32% of the town's housing units. Other types of housing that are prevalent in North Brunswick include large apartment complexes or high rise apartments ( 29.72%), row houses and other attached homes ( 17.43%), and a few duplexes, homes converted to apartments or other small apartment buildings ( 9.88%).
People in North Brunswick primarily live in small (one, two or no bedroom) single-family detached homes. North Brunswick has a mixture of owner-occupied and renter-occupied housing.
There is a lot of housing in North Brunswick 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 North Brunswick built between 1940-1969 ( 25.58%). A lesser amount of the housing stock also hails from between 2000 and later ( 9.71%). There's also some housing in North Brunswick built before 1939 ( 5.32%).
North Brunswick's appreciation rate notably has been below the national average for the last ten years. The average annual home appreciation rate in North Brunswick during the period has been just -1.92%, which is lower than 80% of US communities.
Over the last year, North Brunswick appreciation rates have trailed the rest of the nation. In the last twelve months, North Brunswick's appreciation rate has been 2.28%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in North Brunswick were at 0.66%, which equates to an annual appreciation rate of 2.68%.
Relative to New Jersey, our data show that North Brunswick'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 town. Individual neighborhoods within North Brunswick differ in their investment potential, sometimes by a great deal. Fortunately, you can use NeighborhoodScout to pinpoint the exact neighborhoods in North Brunswick - 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 North Brunswick real estate investment or home purchase decisions.
|$790,001 - $1,053,000||0.7|
|$527,001 - $790,000||6.9|
|$422,001 - $527,000||16.2|
|$316,001 - $422,000||23.9|
|$211,001 - $316,000||30.3|
|$106,001 - $211,000||13.1|
|$53,001 - $106,000||6.1|
|$0 - $53,000||2.3|
|Value Relative to Nation||Value Relative to State|
|Time Period||Total Appreciation||Avg. Annual Rate||
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
2000 Q1 - 2017 Q1
|* 10 is highest|
|AGE OF North Brunswick HOMES|
|2000 or Newer||9.7|
|1970 - 1999||59.4|
|1940 - 1969||25.6|
|1939 or Older||5.3|
|TYPE OF North Brunswick HOMES|
|Small Apt. Buildings||9.9|
|SIZE OF North Brunswick HOMES|
|5 or more bedrooms||3.42|