USA.com / New Jersey / Cranbury, NJ / 08512 / Housing

08512 Zip Code Housing

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As of 2010-2014, median price of a house in 08512 Zip Code is $467,400, which is higher than the state average of $319,900 and is much higher than the national average of $175,700. The 08512 Zip Code median house value has grown by 81.80% since 2000. The growth rate for the price of a house in 08512 Zip Code is lower than the state average rate of 87.30% and is higher than the national average rate of 46.91%. The median year that a house in 08512 Zip Code was built is 1975, which is newer than the median year for a house built in the state which is 1966 and is about the same as the median year for a house built in the USA which is 1976.

Topics:House Value Housing Occupancy Year Structure Built Mortgage Status Mortgage Owner's Costs None-Mortgage Owner's Costs Units in Structure Rooms Bedrooms House Heating Fuel Gross Rent Vehicle Available

House Value

Median Value of a Total of 2,337 Owner Occupied Houses in 08512 Zip Code, see rank

08512 Zip Code	467,400 USD
New Jersey	319,900 USD
U.S.	175,700 USD

Median House Price Growth Since 2000, see rank

08512 Zip Code	81.80%
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

	08512 Zip Code	New Jersey	U.S.
Total Housing Units	4,289, see rank, 100%	3,572,138	132,741,033
Occupied Housing Units	3,971, 92.59%, see rank	89.26%	87.55%
Owner Occupied	2,337, 54.49%, see rank	58.06%	56.34%
Renter Occupied	1,634, 38.10%, see rank	31.20%	31.21%
Vacant Housing Units	318, 7.41%, see rank	10.74%	12.45%
For Rent	124, 2.89%, see rank	2.18%	2.34%
For Sale Only	52, 1.21%, see rank	1.02%	1.20%
Rented or Sold, Not Occupied	39, 0.91%, see rank	0.70%	0.92%
For Seasonal, Recreational, or Occasional Use	0, 0.00%, see rank	3.72%	3.97%
For Migrant Workers	0, 0.00%, see rank	0.01%	0.03%
Other Vacant	103, 2.40%, see rank	3.11%	4.00%

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

Year Structure Built

Median Built Year, #130

08512 Zip Code	New Jersey	U.S.
1975	1966	1976

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

	08512 Zip Code	%	New Jersey	U.S.
Owner-Occupied Units	2,337	100%	2,073,915	74,787,460
With a Mortgage	1,460	62.47%, see rank	69.83%	65.58%
Without a Mortgage	877	37.53%, see rank	30.17%	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

08512 Zip Code	2,967 USD
New Jersey	2,428 USD
U.S.	1,522 USD

Owner Costs Distribution

Monthly Owner Costs	08512 Zip Code	%	New Jersey	U.S.
$299 or Less	0	0.00%, see rank	0.04%	0.20%
$300 to $499	0	0.00%, see rank	0.35%	1.59%
$500 to $699	0	0.00%, see rank	0.83%	5.01%
$700 to $999	22	1.51%, see rank	2.80%	14.32%
$1,000 to $1,499	208	14.25%, see rank	11.13%	27.90%
$1,500 to $1,999	106	7.26%, see rank	17.94%	20.35%
$2,000 to $2,999	413	28.29%, see rank	36.29%	19.52%
$3,000 or More	711	48.70%, see rank	30.63%	11.12%

Owner Cost as a Percentage of the Total Income, Median Percentage, see rank

08512 Zip Code	23.60% 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

	08512 Zip Code	%	New Jersey	U.S.
10% or Less	130	8.90%, see rank	3.98%	5.86%
10% to 20%	397	27.19%, see rank	23.73%	31.95%
20% to 30%	492	33.70%, see rank	28.42%	27.64%
30% to 40%	148	10.14%, see rank	16.62%	13.74%
40% or More	293	20.07%, see rank	26.85%	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

08512 Zip Code	1,001 USD
New Jersey	972 USD
U.S.	457 USD

Owner Costs Distribution

Monthly Owner Costs	08512 Zip Code	%	New Jersey	U.S.
$199 or Less	13	1.48%, see rank	1.19%	7.76%
$200 to $299	24	2.74%, see rank	1.66%	14.70%
$300 to $499	71	8.10%, see rank	6.42%	34.63%
$500 to $699	30	3.42%, see rank	13.17%	21.16%
$700 or More	739	84.26%, see rank	77.56%	21.75%

Owner Cost as a Percentage of the Total Income, Median Percentage, see rank

08512 Zip Code	13.20% 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

	08512 Zip Code	%	New Jersey	U.S.
10% or Less	318	36.26%, see rank	21.71%	40.19%
10% to 20%	304	34.66%, see rank	32.37%	31.47%
20% to 30%	131	14.94%, see rank	16.94%	12.24%
30% to 40%	55	6.27%, see rank	9.46%	5.64%
40% or More	69	7.87%, see rank	18.56%	9.16%

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

Units in Structure

	08512 Zip Code	New Jersey	U.S.
Total Housing Units	4,289, 100%	3,572,138	132,741,033
1-unit, Detached	2,053, 47.87%, see rank	53.67%	61.65%
1-unit, Attached	103, 2.40%, see rank	9.26%	5.82%
2 Units	165, 3.85%, see rank	9.53%	3.75%
3 or 4 Units	169, 3.94%, see rank	6.43%	4.43%
5 to 9 Units	690, 16.09%, see rank	4.80%	4.78%
10 or More Units	1,109, 25.86%, see rank	15.34%	13.08%
Mobile Home, Boat, RV, Van, etc.	0, 0.00%, see rank	0.98%	6.49%

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

Rooms

	08512 Zip Code	New Jersey	U.S.
Total Housing Units	4,289, 100%	3,572,138	132,741,033
1 Room	8, 0.19%, see rank	2.71%	1.95%
2 Rooms	94, 2.19%, see rank	2.15%	2.48%
3 Rooms	763, 17.79%, see rank	10.30%	9.13%
4 Rooms	758, 17.67%, see rank	15.19%	16.60%
5 Rooms	539, 12.57%, see rank	16.72%	20.41%
6 Rooms	340, 7.93%, see rank	16.15%	18.06%
7 Rooms	441, 10.28%, see rank	12.48%	12.27%
8 Rooms	447, 10.42%, see rank	10.49%	8.48%
9 Rooms or More	899, 20.96%, see rank	13.81%	10.60%
Median Rooms	5.50, see rank	5.70	5.50

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

Bedrooms

	08512 Zip Code	New Jersey	U.S.
Total Housing Units	4,289, 100%	3,572,138	132,741,033
No Bedroom	32, 0.75%, see rank	2.88%	2.17%
1 Bedroom	984, 22.94%, see rank	14.18%	11.16%
2 Bedrooms	1,346, 31.38%, see rank	25.93%	26.69%
3 Bedrooms	720, 16.79%, see rank	32.62%	39.70%
4 Bedrooms	836, 19.49%, see rank	18.83%	16.05%
5 or More Bedrooms	371, 8.65%, see rank	5.56%	4.22%

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

House Heating Fuel

	08512 Zip Code	New Jersey	U.S.
Total Housing Units	3,971, 100%	3,188,498	116,211,092
Utility Gas	2,829, 71.24%, see rank	74.16%	48.85%
Bottled, Tank, or LP Gas	74, 1.86%, see rank	1.94%	4.86%
Electricity	719, 18.11%, see rank	11.66%	36.68%
Fuel Oil, Kerosene, etc.	296, 7.45%, see rank	11.10%	5.86%
Coal or Coke	0, 0.00%, see rank	0.03%	0.12%
Wood	0, 0.00%, see rank	0.44%	2.12%
Solar Energy	13, 0.33%, see rank	0.03%	0.05%
Other Fuel	15, 0.38%, see rank	0.32%	0.47%
No Fuel Used	25, 0.63%, see rank	0.32%	1.00%

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

Gross Rent

Monthly Rental	08512 Zip Code	New Jersey	U.S.
Occupied Units Paying Rent	1,596, 100%	1,077,463	39,201,928
$199 or Less	10, 0.63%, see rank	1.46%	1.50%
$200 to $299	54, 3.38%, see rank	3.04%	3.18%
$300 to $499	11, 0.69%, see rank	3.86%	7.37%
$500 to $699	32, 2.01%, see rank	4.64%	16.01%
$700 to $999	211, 13.22%, see rank	19.19%	29.17%
$1,000 to $1,499	1,114, 69.80%, see rank	40.89%	26.88%
$1,500 to $1,999	164, 10.28%, see rank	17.11%	9.79%
$2,000 or More	0, 0.00%, see rank	9.81%	6.10%
Median	$1,160, see rank	$1,188	$920

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

Vehicle Available

	08512 Zip Code	New Jersey	U.S.
Occupied Housing Units	3,971, 100%	3,188,498	116,211,092
No Vehicles Available	266, 6.70%, see rank	11.70%	9.12%
1 Vehicles Available	1,282, 32.28%, see rank	34.71%	33.80%
2 Vehicles Available	1,636, 41.20%, see rank	36.16%	37.48%
3 or More Vehicles Available	787, 19.82%, see rank	17.43%	19.61%

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