Tinton Falls, NJ
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




Highest
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Highest Appreciating Tinton Falls Neighborhoods Since 2000




Tinton Falls, 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

Tinton Falls Housing Market Information

With a population of 17,772, 7,942 total housing units (homes and apartments), and a median house value of $309,856, Tinton Falls real estate prices are well above average cost compared to national prices.

Large apartment complexes or high rise apartments are the single most common housing type in Tinton Falls, accounting for 42.29% of the borough's housing units. Other types of housing that are prevalent in Tinton Falls include single-family detached homes ( 34.38%), row houses and other attached homes ( 20.28%), and a few duplexes, homes converted to apartments or other small apartment buildings ( 2.88%). Boroughs that are predominantly high-density buildings are relatively uncommon in the US. Because of the density, these types of boroughs are often walkable and compact, and often have a lively downtown.

Dwellings in Tinton Falls tend to be quite small (one, two, or no bedrooms) and owner occupied. In fact, 53.90% of the homes in Tinton Falls have two or fewer bedrooms.

There is a lot of housing in Tinton Falls 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 Tinton Falls built between 2000 and later ( 28.57%). A lesser amount of the housing stock also hails from between 1940-1969 ( 14.60%).

Tinton Falls Home Appreciation Rates

Tinton Falls's appreciation rate notably has been below the national average for the last ten years. The average annual home appreciation rate in Tinton Falls during the period has been just -1.59%, which is lower than 80% of US communities.

NeighborhoodScout's data show that during the latest twelve months, Tinton Falls's appreciation rate, at 4.39%, has been at or slightly above the national average. In the latest quarter, Tinton Falls's appreciation rate has been 0.66%, which annualizes to a rate of 2.68%.

Relative to New Jersey, our data show that Tinton Falls's latest annual appreciation rate is higher than 70% of the other cities and towns in New Jersey.

Average Home Values

 

Median Home Value:
$309,856

Tinton Falls, NJ HOME PRICES

Value Range
> $1,121,000 0.8
$840,001 - $1,121,000 1.9
$560,001 - $840,000 11.7
$448,001 - $560,000 11.9
$336,001 - $448,000 22.3
$224,001 - $336,000 40.1
$112,001 - $224,000 7.5
$56,001 - $112,000 3.3
$0 - $56,000 0.6

Average for NJ
Very High for Nation

Value Relative to Nation Value Relative to State
15.4341966483066 59.7560975609756

Number Of Homes And Apartments:
7,942

Tinton Falls 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
55.40% 2.59% 6 7
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$2,686 / per month

Homeownership Rate

Homeownership
Owners 69.44
Renters 30.56
Vacant 7.76

Housing Market Details

 

Age of Homes

AGE OF Tinton Falls HOMES
2000 or Newer 28.6
1970 - 1999 55.9
1940 - 1969 14.6
1939 or Older 0.9

Types of Homes

TYPE OF Tinton Falls HOMES
Single-Family 34.4
Townhomes 20.3
Small Apt. Buildings 2.9
Apt. Complexes 42.3
Mobile Homes 0.2
Other 0.0

Home Size

SIZE OF Tinton Falls HOMES
No Bedroom 3.66
1 Bedroom 16.71
2 Bedrooms 33.53
3 Bedrooms 26.84
4 Bedrooms 16.07
5 or more bedrooms 3.18