Somerset County, NJ — Housing & Real Estate
Home values, rent, homeownership rates, housing types, and property taxes
Housing Overview
Source: Census Bureau ACS (2023)Median Home Value
$523,900
Median Rent
$1,921/mo
Homeownership
74.5%
Vacancy Rate
2.5%
Total Housing Units
132,831
Property Tax
$10,001/yr
Housing Tenure
Source: Census Bureau ACS (2023)Owner-Occupied74.5%
Renter-Occupied25.5%
Housing Types
Source: Census Bureau ACS (2023)Single Family73.2%
Multi-Family26.6%
Mobile Home0.3%
Owner Costs
Source: Census Bureau ACS (2023)With Mortgage
$2,461/mo
Without Mortgage
$3,124/mo
Median Year Built
1982
The median home value in Somerset County, NJ is $523,900 according to 2023 Census Bureau estimates. The median monthly rent is $1,921. 74.5% of housing units are owner-occupied. There are 132,831 total housing units in the county. The vacancy rate is 2.5%.