Zip 08882 (South River, NJ) Housing

The housing median value in 08882 South River, NJ is $394,400, which is higher than the national median value of $338,100. In addition, the appreciation rate of houses in 08882 South River, NJ is also higher than the national rate at 10.79%, compared to 8.27% for the US average. Therefore, it can be concluded that the housing market in 08882 South River, NJ is very strong and has seen significant growth over the past year.

The median home cost in South River (zip 08882) is $394,400. Home appreciation the last 10 years has been 60.4%. Home Appreciation in South River (zip 08882) is up 15.1%.

Average Age of Homes

- The median age of South River (zip 08882) real estate is 62 years old

The Rental Market in South River (zip 08882)

- Renters make up 29.0% of the South River (zip 08882) population
- 0.5% of houses and apartments in South River (zip 08882), 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	South River, New Jersey	United States
	5,972.0	139,647,020.0
	64	42
	$394,400	$338,100
	15.1%	16.6%
	43.3%	57.0%
	60.4%	101.1%
	$21.51	$10.98
	$6,932	$2,690
	62.8%	57.4%
	5.3%	11.2%
	31.9%	31.4%
Vacant Housing
	0.5%	1.9%
	0.0%	0.4%
	0.4%	0.7%
	0.0%	0.4%
	0.7%	3.6%
	3.6%	4.1%
Value of Owner-Occupied Housing
	0.2%	2.6%
	1.3%	2.4%
	0.0%	2.8%
	0.6%	3.9%
	0.3%	4.5%
	1.3%	11.3%
	4.3%	13.0%
	33.7%	20.1%
	37.1%	13.6%
	9.2%	8.3%
	10.7%	9.7%
	1.2%	3.9%
	0.0%	2.2%
	0.0%	0.8%
	0.0%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	4.0%	13.6%
	4.0%	13.6%
	7.2%	13.6%
	6.4%	13.2%
	9.6%	14.8%
	7.2%	13.6%
	29.6%	10.0%
	8.5%	4.7%
	20.0%	12.2%

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