According to statistics, the population in Berlin, NJ amounts to 7,612, which shows decline 0% compared to the previous year. The median age of the city’s residents is 42. The average household income is $90,354, shifting growth 3% from the past year, and the average property value in Berlin, NJ decline 1% to $232,300 throughout the year.
|Number Of Employees||3,641|
|Median Property Value||$232,300|
The average household income in Berlin, NJ grew from $87,697 to $90,354 in the past year. This data is an estimate based upon 2,750 households in Berlin, NJ . The chart below presents how household income is distributed in Berlin, NJ in comparison to the revenue allocation amid households nationally.
According to data from last year, the average property value in Berlin, NJ shifted from $230,500 to $232,300 throughout the year. The subsequent graph indicates the share of properties in the given price range in Berlin, NJ in comparison to the median property value in the same price segment across the country. According to the data, the greatest share of Berlin, NJ properties falls in the '$200,000 to $249,999' range, which is lower than the most significant median property across the country.
One of the most important aspects for property owners is the amount of property taxes. This graph shows distribution of property taxes in Berlin, NJ compared to median property taxes around the country. The prevalent amount of property taxes in Berlin, NJ equals $3000, which is less than the national average.
|Apartment Size||Sep||vs Last Month|
|2 bed apartments||$274,000||N/A|
|3 bed apartments||$259,900||N/A|
|4+ bed apartments||$339,900||N/A|
During Sep 2021, the average price for an apartment in/near Berlin, NJ increased by 20.6% to $313,540.
Asking price for 2-bed apartment remains the same, a place of this size will still cost you $274,000. Reports state that an average 3-bed apartment price did not change, so you can still get yourself one for $259,900. According to statistics, we now see that the 4- and more bed apartments pricing stays the same, so you can still face an estimate price around $339,900 for a big-family home.
|Listing Type||Sep||vs Last Month|
|Houses for sale||$313,540||+20.6%|
According to statistics, average house is still $313,540 with no significant changes this month.
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