Median price for residential apartments in as of Jun, 2021.
Remember to negotiate your price according to median sale prices. Also, take into account that the price depends on the size/amenities of the apartment.
38 Bound Brook, NJ 08805, USA apartments for sale
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Bound Brook
According to statistics, the population in Bound Brook, NJ amounts to 10,510, which shows decline 0% compared to the previous year. The median age of the city’s residents is 35. The average household income is $65,199, shifting decline -2% from the past year, and the average property value in Bound Brook, NJ decline -2% to $270,900 throughout the year.
| Population | 10,510 |
| Median Age | 35.1 |
| Poverty Rate | 7% |
| Household Income | $65,199 |
| Number Of Employees | 5,933 |
| Median Property Value | $270,900 |
Household Income
The average household income in Bound Brook, NJ declined from $66,300 to $65,199 in the past year. This data is an estimate based upon 3,651 households in Bound Brook, NJ . The chart below presents how household income is distributed in Bound Brook, NJ in comparison to the revenue allocation amid households nationally.
- USA
- Bound Brook, NJ
Property Value
According to data from last year, the average property value in Bound Brook, NJ shifted from $275,700 to $270,900 throughout the year. The subsequent graph indicates the share of properties in the given price range in Bound Brook, NJ in comparison to the median property value in the same price segment across the country. According to the data, the greatest share of Bound Brook, NJ properties falls in the '$250,000 to $299,999' range, which is lower than the most significant median property across the country.
- USA
- Bound Brook, NJ
Rent vs. Own
- Rent51%
- Own49%
Property Taxes
One of the most important aspects for property owners is the amount of property taxes. This graph shows distribution of property taxes in Bound Brook, NJ compared to median property taxes around the country. The prevalent amount of property taxes in Bound Brook, NJ equals $3000, which is less than the national average.
- USA
- Bound Brook, NJ
Housing Trends
Bound Brook, NJ 08805, USA Housing Trends
Average sale in Bound Brook: $559,000 (-0%)
| Apartment Size | Jun | vs Last Month |
|---|---|---|
| 4+ bed apartments | $559,000 | N/A |
During Jun 2021, the average price for an apartment in/near Bound Brook, NJ increased by % to $559,000.
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 $559,000 for a big-family home.
| Listing Type | Jun | vs Last Month |
|---|---|---|
| Houses for sale | $559,000 | N/A |
According to statistics, average house is still $559,000 with no significant changes this month.
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