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Cologne, NJ Housing
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The housing market in Cologne, NJ is very strong with a median value of $283,800, which is significantly lower than the US median value of $338,100. Furthermore, the 1 year house appreciation rate in Cologne, NJ is 20.20%, which is far above the 8.27% appreciation rate for the US as a whole. This suggests that investing in real estate in this area may be a wise decision for those looking to gain from increasing equity values over time.
Median Monthly Rent by Number of Bedrooms
Housing by Year Built
Housing
Cologne, New Jersey
United States
Number of Homes
798.0
139,647,020.0
Median Home Age
18
42
Median Home Cost
$283,800
$338,100
Home Appr. Last 12 months
20.2%
16.6%
Home Appr. Last 5 yrs.
69.7%
57.0%
Home Appr. Last 10 yrs.
70.4%
101.1%
Property Tax Rate
$27.46
$10.98
Property Taxes Paid
$7,360
$2,690
Homes Owned
47.7%
57.4%
Housing Vacant
4.6%
11.2%
Homes Rented
47.6%
31.4%
Vacant Housing
Vacant For Rent
0.0%
1.9%
Vacant Rented
0.0%
0.4%
Vacant For Sale
0.0%
0.7%
Vacant Sold
0.0%
0.4%
Vacant Vacation
4.6%
3.6%
Vacant Other
0.0%
4.1%
Value of Owner-Occupied Housing
Less Than $20,000
0.0%
2.6%
$20,000 to $39,999
0.0%
2.4%
$40,000 to $59,999
0.0%
2.8%
$60,000 to $79,999
0.0%
3.9%
$80,000 to $99,999
0.0%
4.5%
$100,000 to $149,999
2.4%
11.3%
$150,000 to $199,999
14.2%
13.0%
$200,000 to $299,999
67.7%
20.1%
$300,000 to $399,999
15.7%
13.6%
$400,000 to $499,999
0.0%
8.3%
$500,000 to $749,999
0.0%
9.7%
$750,000 to $999,999
0.0%
3.9%
$1,000,000 to $1,499,999
0.0%
2.2%
$1,500,000 to $1,999,999
0.0%
0.8%
$2,000,000 and over
0.0%
1.1%
Housing Units by Year Structure Built
2014 and newer
0.0%
0.2%
2010 to 2013
68.9%
13.6%
2000 to 2009
68.9%
13.6%
1990 to 1999
2.9%
13.6%
1980 to 1989
3.4%
13.2%
1970 to 1979
7.8%
14.8%
1960 to 1969
2.9%
13.6%
1950 to 1959
0.0%
10.0%
1940 to 1949
3.1%
4.7%
1939 or Earlier
8.8%
12.2%
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