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Princeton Junction, NJ Housing

 
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As of 2010-2014, median price of a house in Princeton Junction is $527,100, which is much higher than the state average of $319,900 and is much higher than the national average of $175,700. The Princeton Junction median house value has grown by 92.37% since 2000. The growth rate for the price of a house in Princeton Junction is higher than the state average rate of 87.30% and is much higher than the national average rate of 46.91%. The median year that a house in Princeton Junction was built is 1973, which is newer than the median year for a house built in the state which is 1966 and is older than the median year for a house built in the USA which is 1976.

Topics:House ValueHousing OccupancyYear Structure BuiltMortgage StatusMortgage Owner's CostsNone-Mortgage Owner's CostsUnits in StructureRoomsBedroomsHouse Heating FuelGross RentVehicle Available

House Value

Median Value of a Total of 657 Owner Occupied Houses in Princeton Junction, NJ, #87
Princeton Junction, NJ
527,100 USD
New Jersey
319,900 USD
U.S.
175,700 USD
Median House Price Growth Since 2000, #171
Princeton Junction, NJ
92.37%
New Jersey
87.30%
U.S.
46.91%
Ranks: $50K or Less, $50-100K, $100-150K, $150-200K, $200-300K, $300-500K, $500-1M, $1M or More

*Based on 2010-2014 data. View historical house value data.

Housing Occupancy

 Princeton Junction, NJNew JerseyU.S.
Total Housing Units970, see rank, 100%3,572,138132,741,033
Occupied Housing Units910, 93.81%, see rank89.26%87.55%
Owner Occupied657, 67.73%, see rank58.06%56.34%
Renter Occupied253, 26.08%, see rank31.20%31.21%
Vacant Housing Units60, 6.19%, see rank10.74%12.45%
For Rent0, 0.00%, see rank2.18%2.34%
For Sale Only0, 0.00%, see rank1.02%1.20%
Rented or Sold, Not Occupied45, 4.64%, see rank0.70%0.92%
For Seasonal, Recreational, or Occasional Use0, 0.00%, see rank3.72%3.97%
For Migrant Workers0, 0.00%, see rank0.01%0.03%
Other Vacant15, 1.55%, see rank3.11%4.00%

*Based on 2010-2014 data. View historical housing occupancy data.

Year Structure Built

Median Built Year, #123
Princeton Junction, NJNew JerseyU.S.
197319661976

Ranks: 1995 or earlier, 1960-1969, 1970-1979, 1980-1989, 1990-2000, 2000-2010

*Based on 2010-2014 data. View historical year structure built data.

Mortgage Status

 Princeton Junction, NJ%New JerseyU.S.
Owner-Occupied Units657100%2,073,91574,787,460
With a Mortgage46871.23%, see rank69.83%65.58%
Without a Mortgage18928.77%, see rank30.17%34.42%

*Based on 2010-2014 data. View historical mortgage status data.

Monthly Owner Costs for Housing Units with a Mortgage


Median Owner Costs, see rank
Princeton Junction, NJ
3,146 USD
New Jersey
2,428 USD
U.S.
1,522 USD

Owner Costs Distribution
Monthly Owner CostsPrinceton Junction, NJ%New JerseyU.S.
$299 or Less00.00%, see rank0.04%0.20%
$300 to $49900.00%, see rank0.35%1.59%
$500 to $69900.00%, see rank0.83%5.01%
$700 to $99900.00%, see rank2.80%14.32%
$1,000 to $1,49900.00%, see rank11.13%27.90%
$1,500 to $1,999275.77%, see rank17.94%20.35%
$2,000 to $2,99918439.32%, see rank36.29%19.52%
$3,000 or More25754.91%, see rank30.63%11.12%

Owner Cost as a Percentage of the Total Income, Median Percentage, see rank
Princeton Junction, NJ
24.60% of the Total Income
New Jersey
27.50% of the Total Income
U.S.
23.70% of the Total Income

Owner Cost as a Percentage of the Total Income, Distribution
 Princeton Junction, NJ%New JerseyU.S.
10% or Less245.13%, see rank3.98%5.86%
10% to 20%11624.79%, see rank23.73%31.95%
20% to 30%17737.82%, see rank28.42%27.64%
30% to 40%418.76%, see rank16.62%13.74%
40% or More11023.50%, see rank26.85%20.29%

*Based on 2010-2014 data. View historical monthly owner costs for housing units with a mortgage data.

Monthly Owner Costs for Housing Units without a Mortgage


Median Owner Costs, see rank
Princeton Junction, NJ
1,001 USD
New Jersey
972 USD
U.S.
457 USD

Owner Costs Distribution
Monthly Owner CostsPrinceton Junction, NJ%New JerseyU.S.
$199 or Less00.00%, see rank1.19%7.76%
$200 to $29900.00%, see rank1.66%14.70%
$300 to $499147.41%, see rank6.42%34.63%
$500 to $69900.00%, see rank13.17%21.16%
$700 or More17592.59%, see rank77.56%21.75%

Owner Cost as a Percentage of the Total Income, Median Percentage, see rank
Princeton Junction, NJ
15.40% of the Total Income
New Jersey
18.40% of the Total Income
U.S.
12.30% of the Total Income

Owner Cost as a Percentage of the Total Income, Distribution
 Princeton Junction, NJ%New JerseyU.S.
10% or Less5830.69%, see rank21.71%40.19%
10% to 20%7539.68%, see rank32.37%31.47%
20% to 30%2312.17%, see rank16.94%12.24%
30% to 40%84.23%, see rank9.46%5.64%
40% or More2513.23%, see rank18.56%9.16%

*Based on 2010-2014 data. View historical monthly owner costs for housing units without a mortgage data.

Units in Structure

 Princeton Junction, NJNew JerseyU.S.
Total Housing Units970, 100%3,572,138132,741,033
1-unit, Detached738, 76.08%, see rank53.67%61.65%
1-unit, Attached15, 1.55%, see rank9.26%5.82%
2 Units67, 6.91%, see rank9.53%3.75%
3 or 4 Units0, 0.00%, see rank6.43%4.43%
5 to 9 Units45, 4.64%, see rank4.80%4.78%
10 or More Units105, 10.82%, see rank15.34%13.08%
Mobile Home, Boat, RV, Van, etc.0, 0.00%, see rank0.98%6.49%

*Based on 2010-2014 data. View historical units in structure data.

Rooms

 Princeton Junction, NJNew JerseyU.S.
Total Housing Units970, 100%3,572,138132,741,033
1 Room16, 1.65%, see rank2.71%1.95%
2 Rooms0, 0.00%, see rank2.15%2.48%
3 Rooms171, 17.63%, see rank10.30%9.13%
4 Rooms36, 3.71%, see rank15.19%16.60%
5 Rooms112, 11.55%, see rank16.72%20.41%
6 Rooms125, 12.89%, see rank16.15%18.06%
7 Rooms36, 3.71%, see rank12.48%12.27%
8 Rooms171, 17.63%, see rank10.49%8.48%
9 Rooms or More303, 31.24%, see rank13.81%10.60%
Median Rooms7.20, see rank5.705.50

*Based on 2010-2014 data. View historical rooms data.

Bedrooms

 Princeton Junction, NJNew JerseyU.S.
Total Housing Units970, 100%3,572,138132,741,033
No Bedroom16, 1.65%, see rank2.88%2.17%
1 Bedroom150, 15.46%, see rank14.18%11.16%
2 Bedrooms97, 10.00%, see rank25.93%26.69%
3 Bedrooms197, 20.31%, see rank32.62%39.70%
4 Bedrooms369, 38.04%, see rank18.83%16.05%
5 or More Bedrooms141, 14.54%, see rank5.56%4.22%

*Based on 2010-2014 data. View historical bedrooms data.

House Heating Fuel

 Princeton Junction, NJNew JerseyU.S.
Total Housing Units910, 100%3,188,498116,211,092
Utility Gas653, 71.76%, see rank74.16%48.85%
Bottled, Tank, or LP Gas34, 3.74%, see rank1.94%4.86%
Electricity104, 11.43%, see rank11.66%36.68%
Fuel Oil, Kerosene, etc.119, 13.08%, see rank11.10%5.86%
Coal or Coke0, 0.00%, see rank0.03%0.12%
Wood0, 0.00%, see rank0.44%2.12%
Solar Energy0, 0.00%, see rank0.03%0.05%
Other Fuel0, 0.00%, see rank0.32%0.47%
No Fuel Used0, 0.00%, see rank0.32%1.00%

*Based on 2010-2014 data. View historical house heating fuel data.

Gross Rent

Monthly RentalPrinceton Junction, NJNew JerseyU.S.
Occupied Units Paying Rent253, 100%1,077,46339,201,928
$199 or Less32, 12.65%, see rank1.46%1.50%
$200 to $29949, 19.37%, see rank3.04%3.18%
$300 to $49924, 9.49%, see rank3.86%7.37%
$500 to $6990, 0.00%, see rank4.64%16.01%
$700 to $9990, 0.00%, see rank19.19%29.17%
$1,000 to $1,49922, 8.70%, see rank40.89%26.88%
$1,500 to $1,99961, 24.11%, see rank17.11%9.79%
$2,000 or More65, 25.69%, see rank9.81%6.10%
Median$1,494, see rank$1,188$920

*Based on 2010-2014 data. View historical gross rent data.

Vehicle Available

 Princeton Junction, NJNew JerseyU.S.
Occupied Housing Units910, 100%3,188,498116,211,092
No Vehicles Available84, 9.23%, see rank11.70%9.12%
1 Vehicles Available239, 26.26%, see rank34.71%33.80%
2 Vehicles Available393, 43.19%, see rank36.16%37.48%
3 or More Vehicles Available194, 21.32%, see rank17.43%19.61%

*Based on 2010-2014 data. View historical vehicle available data.


 
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