Tuckerton, NJ
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




Highest
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Highest Appreciating Tuckerton Neighborhoods Since 2000




Tuckerton, 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

Tuckerton Housing Market Information

With 3,377 people, 1,342 houses or apartments, and a median cost of homes of $232,102, Tuckerton real estate prices are well above average cost compared to national prices.

Single-family detached homes are the single most common housing type in Tuckerton, accounting for 73.66% of the borough's housing units. Other types of housing that are prevalent in Tuckerton include large apartment complexes or high rise apartments ( 14.21%), row houses and other attached homes ( 4.68%), and a few mobile homes or trailers ( 4.58%).

Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Tuckerton. Owner-occupied housing accounts for 69.04% of Tuckerton's homes, and 56.73% have either three or four bedrooms, which is average sized relative to America.

There is a lot of housing in Tuckerton 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 Tuckerton built between 1940-1969 ( 24.69%). A lesser amount of the housing stock also hails from between 2000 and later ( 19.90%). There's also some housing in Tuckerton built before 1939 ( 18.68%).

Vacant housing appears to be an issue in Tuckerton. Fully 28.58% of the housing stock is classified as vacant. Left unchecked, vacant Tuckerton homes and apartments can be a drag on the real estate market, holding Tuckerton real estate prices below levels they could achieve if vacant housing was absorbed into the market and became occupied. Housing vacancy rates are a useful measure to consider, along with other things, if you are a home buyer or a real estate investor.

Tuckerton Home Appreciation Rates

Homes have actually lost value in Tuckerton over the last then years, as home values have seen a decline of 25.10% during the ten year period. In the latest quarter, NeighborhoodScout appreciation rate data shows Tuckerton home appreciation rates at 0.66%, which equates to an annual appreciation rate of 2.68%.

Over the last year, Tuckerton appreciation rates have trailed the rest of the nation. In the last twelve months, Tuckerton's appreciation rate has been 1.28%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Tuckerton were at 0.66%, which equates to an annual appreciation rate of 2.68%.

Relative to New Jersey, our data show that Tuckerton's latest annual appreciation rate is lower than 70% 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 borough. Individual neighborhoods within Tuckerton differ in their investment potential, sometimes by a great deal. Fortunately, you can use NeighborhoodScout to pinpoint the exact neighborhoods in Tuckerton - 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 Tuckerton real estate investment or home purchase decisions.

Average Home Values

 

Median Home Value:
$232,102

Tuckerton, NJ HOME PRICES

Value Range
> $1,053,000 0.0
$790,001 - $1,053,000 0.9
$527,001 - $790,000 1.4
$421,001 - $527,000 6.0
$316,001 - $421,000 10.7
$211,001 - $316,000 32.3
$105,001 - $211,000 42.4
$53,001 - $105,000 1.6
$0 - $53,000 4.7

Low for NJ
High for Nation

Value Relative to Nation Value Relative to State
25.4834173209891 79.8780487804878

Number Of Homes And Apartments:
1,342

Tuckerton 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
59.24% 2.73% 7 7
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$1,483 / per month

Homeownership Rate

Homeownership
Owners 69.04
Renters 30.96
Vacant 28.58

Housing Market Details

 

Age of Homes

AGE OF Tuckerton HOMES
2000 or Newer 19.9
1970 - 1999 36.7
1940 - 1969 24.7
1939 or Older 18.7

Types of Homes

TYPE OF Tuckerton HOMES
Single-Family 73.7
Townhomes 4.7
Small Apt. Buildings 2.9
Apt. Complexes 14.2
Mobile Homes 4.6
Other 0.0

Home Size

SIZE OF Tuckerton HOMES
No Bedroom 0.37
1 Bedroom 11.66
2 Bedrooms 28.95
3 Bedrooms 46.78
4 Bedrooms 9.95
5 or more bedrooms 2.29