USA.com / New Jersey / Somerset County / Somerset, NJ / 08873 / Housing

08873 Zip Code Housing

Basic InfoPopulation/RacesIncome/CareersHousingEducationOthers

Hot Rankings

Fastest / Slowest Growing Cities Nearby

Best / Worst Cities by Crime Rate Nearby

Richest / Poorest Cities by Income Nearby

Expensive / Cheapest Homes Nearby

Most / Least Educated Cities Nearby

Fastest / Slowest Growing Cities in NJ

High / Low NJ Cities by Males Employed

High / Low NJ Cities by Females Employed

Best / Worst Cities by Crime Rate in NJ

Richest / Poorest Cities by Income in NJ

Expensive / Cheapest Homes by City in NJ

Most / Least Educated Cities in NJ

As of 2010-2014, median price of a house in 08873 Zip Code is $323,400, which is about the same as the state average of $319,900 and is much higher than the national average of $175,700. The 08873 Zip Code median house value has grown by 89.12% since 2000. The growth rate for the price of a house in 08873 Zip Code is about the same as 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 08873 Zip Code was built is 1983, which is newer than the median year for a house built in the state which is 1966 and is newer than 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 13,191 Owner Occupied Houses in 08873 Zip Code, see rank

08873 Zip Code	323,400 USD
New Jersey	319,900 USD
U.S.	175,700 USD

Median House Price Growth Since 2000, see rank

08873 Zip Code	89.12%
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

	08873 Zip Code	New Jersey	U.S.
Total Housing Units	20,430, see rank, 100%	3,572,138	132,741,033
Occupied Housing Units	18,754, 91.80%, see rank	89.26%	87.55%
Owner Occupied	13,191, 64.57%, see rank	58.06%	56.34%
Renter Occupied	5,563, 27.23%, see rank	31.20%	31.21%
Vacant Housing Units	1,676, 8.20%, see rank	10.74%	12.45%
For Rent	631, 3.09%, see rank	2.18%	2.34%
For Sale Only	257, 1.26%, see rank	1.02%	1.20%
Rented or Sold, Not Occupied	227, 1.11%, see rank	0.70%	0.92%
For Seasonal, Recreational, or Occasional Use	300, 1.47%, see rank	3.72%	3.97%
For Migrant Workers	0, 0.00%, see rank	0.01%	0.03%
Other Vacant	261, 1.28%, see rank	3.11%	4.00%

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

Year Structure Built

Median Built Year, #66

08873 Zip Code	New Jersey	U.S.
1983	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

	08873 Zip Code	%	New Jersey	U.S.
Owner-Occupied Units	13,191	100%	2,073,915	74,787,460
With a Mortgage	9,488	71.93%, see rank	69.83%	65.58%
Without a Mortgage	3,703	28.07%, 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

08873 Zip Code	2,394 USD
New Jersey	2,428 USD
U.S.	1,522 USD

Owner Costs Distribution

Monthly Owner Costs	08873 Zip Code	%	New Jersey	U.S.
$299 or Less	0	0.00%, see rank	0.04%	0.20%
$300 to $499	9	0.09%, see rank	0.35%	1.59%
$500 to $699	45	0.47%, see rank	0.83%	5.01%
$700 to $999	264	2.78%, see rank	2.80%	14.32%
$1,000 to $1,499	920	9.70%, see rank	11.13%	27.90%
$1,500 to $1,999	1,808	19.06%, see rank	17.94%	20.35%
$2,000 to $2,999	4,014	42.31%, see rank	36.29%	19.52%
$3,000 or More	2,428	25.59%, see rank	30.63%	11.12%

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

08873 Zip Code	25.70% 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

	08873 Zip Code	%	New Jersey	U.S.
10% or Less	210	2.21%, see rank	3.98%	5.86%
10% to 20%	2,856	30.10%, see rank	23.73%	31.95%
20% to 30%	2,619	27.60%, see rank	28.42%	27.64%
30% to 40%	1,666	17.56%, see rank	16.62%	13.74%
40% or More	2,117	22.31%, 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

08873 Zip Code	1,001 USD
New Jersey	972 USD
U.S.	457 USD

Owner Costs Distribution

Monthly Owner Costs	08873 Zip Code	%	New Jersey	U.S.
$199 or Less	17	0.46%, see rank	1.19%	7.76%
$200 to $299	15	0.41%, see rank	1.66%	14.70%
$300 to $499	121	3.27%, see rank	6.42%	34.63%
$500 to $699	326	8.80%, see rank	13.17%	21.16%
$700 or More	3,224	87.06%, see rank	77.56%	21.75%

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

08873 Zip Code	17.00% 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

	08873 Zip Code	%	New Jersey	U.S.
10% or Less	844	22.79%, see rank	21.71%	40.19%
10% to 20%	1,392	37.59%, see rank	32.37%	31.47%
20% to 30%	527	14.23%, see rank	16.94%	12.24%
30% to 40%	249	6.72%, see rank	9.46%	5.64%
40% or More	691	18.66%, 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

	08873 Zip Code	New Jersey	U.S.
Total Housing Units	20,430, 100%	3,572,138	132,741,033
1-unit, Detached	9,960, 48.75%, see rank	53.67%	61.65%
1-unit, Attached	4,246, 20.78%, see rank	9.26%	5.82%
2 Units	732, 3.58%, see rank	9.53%	3.75%
3 or 4 Units	1,033, 5.06%, see rank	6.43%	4.43%
5 to 9 Units	724, 3.54%, see rank	4.80%	4.78%
10 or More Units	3,719, 18.20%, see rank	15.34%	13.08%
Mobile Home, Boat, RV, Van, etc.	16, 0.08%, see rank	0.98%	6.49%

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

Rooms

	08873 Zip Code	New Jersey	U.S.
Total Housing Units	20,430, 100%	3,572,138	132,741,033
1 Room	128, 0.63%, see rank	2.71%	1.95%
2 Rooms	266, 1.30%, see rank	2.15%	2.48%
3 Rooms	1,827, 8.94%, see rank	10.30%	9.13%
4 Rooms	3,290, 16.10%, see rank	15.19%	16.60%
5 Rooms	3,802, 18.61%, see rank	16.72%	20.41%
6 Rooms	3,613, 17.68%, see rank	16.15%	18.06%
7 Rooms	3,179, 15.56%, see rank	12.48%	12.27%
8 Rooms	2,551, 12.49%, see rank	10.49%	8.48%
9 Rooms or More	1,774, 8.68%, see rank	13.81%	10.60%
Median Rooms	5.70, see rank	5.70	5.50

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

Bedrooms

	08873 Zip Code	New Jersey	U.S.
Total Housing Units	20,430, 100%	3,572,138	132,741,033
No Bedroom	152, 0.74%, see rank	2.88%	2.17%
1 Bedroom	2,678, 13.11%, see rank	14.18%	11.16%
2 Bedrooms	6,620, 32.40%, see rank	25.93%	26.69%
3 Bedrooms	6,609, 32.35%, see rank	32.62%	39.70%
4 Bedrooms	3,781, 18.51%, see rank	18.83%	16.05%
5 or More Bedrooms	590, 2.89%, see rank	5.56%	4.22%

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

House Heating Fuel

	08873 Zip Code	New Jersey	U.S.
Total Housing Units	18,754, 100%	3,188,498	116,211,092
Utility Gas	15,827, 84.39%, see rank	74.16%	48.85%
Bottled, Tank, or LP Gas	233, 1.24%, see rank	1.94%	4.86%
Electricity	2,017, 10.76%, see rank	11.66%	36.68%
Fuel Oil, Kerosene, etc.	634, 3.38%, see rank	11.10%	5.86%
Coal or Coke	14, 0.07%, see rank	0.03%	0.12%
Wood	0, 0.00%, see rank	0.44%	2.12%
Solar Energy	0, 0.00%, see rank	0.03%	0.05%
Other Fuel	17, 0.09%, see rank	0.32%	0.47%
No Fuel Used	12, 0.06%, see rank	0.32%	1.00%

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

Gross Rent

Monthly Rental	08873 Zip Code	New Jersey	U.S.
Occupied Units Paying Rent	5,362, 100%	1,077,463	39,201,928
$199 or Less	16, 0.30%, see rank	1.46%	1.50%
$200 to $299	66, 1.23%, see rank	3.04%	3.18%
$300 to $499	163, 3.04%, see rank	3.86%	7.37%
$500 to $699	88, 1.64%, see rank	4.64%	16.01%
$700 to $999	213, 3.97%, see rank	19.19%	29.17%
$1,000 to $1,499	2,696, 50.28%, see rank	40.89%	26.88%
$1,500 to $1,999	1,370, 25.55%, see rank	17.11%	9.79%
$2,000 or More	750, 13.99%, see rank	9.81%	6.10%
Median	$1,409, see rank	$1,188	$920

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

Vehicle Available

	08873 Zip Code	New Jersey	U.S.
Occupied Housing Units	18,754, 100%	3,188,498	116,211,092
No Vehicles Available	1,254, 6.69%, see rank	11.70%	9.12%
1 Vehicles Available	6,261, 33.38%, see rank	34.71%	33.80%
2 Vehicles Available	7,902, 42.14%, see rank	36.16%	37.48%
3 or More Vehicles Available	3,337, 17.79%, see rank	17.43%	19.61%

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