Zip 08805 (Bound Brook, NJ) Housing

The housing in 08805 Bound Brook, NJ has seen an impressive appreciation rate over the past year. The median value of a house in this area stands at $394,900, significantly higher than the US median of $338,100. This is likely due to the 10.79% one-year appreciation rate that the area has experienced - far more than the 8.27% national average. Given this rapid growth, it could be a great time for those looking to invest in real estate in the 08805 Bound Brook, NJ area.

The median home cost in Bound Brook (zip 08805) is $394,900. Home appreciation the last 10 years has been 60.4%. Home Appreciation in Bound Brook (zip 08805) is up 15.1%.

Average Age of Homes

- The median age of Bound Brook (zip 08805) real estate is 64 years old

The Rental Market in Bound Brook (zip 08805)

- Renters make up 33.7% of the Bound Brook (zip 08805) population
- 1.7% of houses and apartments in Bound Brook (zip 08805), are available to rent

DID YOU KNOW

Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.

Median Monthly Rent by Number of Bedrooms

Housing by Year Built

Housing	Bound Brook, New Jersey	United States
	5,524.0	139,647,020.0
	65	42
	$394,900	$338,100
	15.1%	16.6%
	43.3%	57.0%
	60.4%	101.1%
	$26.79	$10.98
	$8,572	$2,690
	46.4%	57.4%
	7.2%	11.2%
	46.4%	31.4%
Vacant Housing
	1.7%	1.9%
	2.6%	0.4%
	1.3%	0.7%
	0.3%	0.4%
	0.0%	3.6%
	1.2%	4.1%
Value of Owner-Occupied Housing
	0.0%	2.6%
	0.8%	2.4%
	0.0%	2.8%
	0.0%	3.9%
	0.4%	4.5%
	1.2%	11.3%
	5.0%	13.0%
	37.9%	20.1%
	24.2%	13.6%
	21.1%	8.3%
	7.6%	9.7%
	0.8%	3.9%
	0.6%	2.2%
	0.0%	0.8%
	0.6%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	1.0%	13.6%
	1.0%	13.6%
	6.2%	13.6%
	4.5%	13.2%
	8.3%	14.8%
	6.2%	13.6%
	19.3%	10.0%
	12.6%	4.7%
	24.9%	12.2%

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