Median real estate price in the Borough Center of Sussex is $222,081, which is less expensive than 79.9% of New Jersey neighborhoods and 41.5% of all U.S. neighborhoods.
The average rental price in Sussex Borough Center is currently $1,235, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 78.4% of New Jersey neighborhoods.
Sussex Borough Center is a suburban neighborhood (based on population density) located in Sussex, New Jersey.
Real estate in the Borough Center of Sussex, NJ is primarily made up of small (studio to two bedroom) to medium sized (three or four bedroom) apartment complexes/high-rise apartments and single-family homes. 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 relatively historic, built no later than 1939, and in some cases, quite a bit earlier. A number of residences were also built between 1940 and 1969.
Sussex Borough Center has a 17.2% vacancy rate, which is well above average compared to other U.S. neighborhoods (higher than 79.9% of American neighborhoods). Most vacant housing here is vacant year round. This could either signal that there is weak demand for real estate in the neighborhood or that large amount of new housing has been built and not yet occupied. Either way, if you live here, you may find many of the homes or apartments are empty.