Williamstown, NJ—08094
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Williamstown, NJ
As of Oct '25, the median home price in Williamstown, NJ is $359,000, with a year-over-year change of 2.7%. This indicates that home prices in Williamstown, NJ are increasing. According to Zillow, the 1-year price projection is 1.8%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $359,000 | 2.7% |
| Single Family | $361,000 | 2.3% |
| Condos | $276,000 | 2.6% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $300,000 | 2.7% |
3 Bed | $336,000 | 3.4% |
4 Bed | $493,000 | 4.4% |
| 5 Bed | $538,000 | 4.3% |
% of Housing Stock
Rental Trends — Williamstown, NJ
As of July '25, Rentcast reports the average rent in Williamstown, NJ is $2,570, with a year-over-year rent change of 11.3%. Per bedroom, the median rent as of July '25 in Williamstown, NJ is 1-bedrooms: $1,750, 2-bedrooms: $1,840, 3-bedrooms: $2,910, 4-bedrooms: $3,150. The most common rental property sizes in Williamstown, NJ are 2-bedroom and 1-bedroom, accounting for 39.6% and 28.8% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $2,720 | $2,570 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $1,540 | $1,750 |
| 2 Bed Rent | $1,750 | $1,840 |
| 3 Bed Rent | $3,200 | $2,910 |
| 4 Bed Rent | $3,100 | $3,150 |
% of Rental Stock
Property Listings — Williamstown, NJ
As of Oct '25, Realtor.com reports that the median days on market for a home in Williamstown, NJ is 44. This is a increase of 37.0% from last year, suggesting that homes are sitting on the market longer than last year. The percentage of listed homes with a reduced price is 22.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $365,000 | 6.0% |
Listing Count | 161 | 8.0% |
| Listings as % of Homes | 0.8% | 8.0% |
Days on Market | 44 | 37.0% |
Demographics — Williamstown, NJ
As of the latest ACS Survey released in 2023, Williamstown, NJ has a population of 40,500, which has remained stable by 0.5% over the past 5 years. Williamstown, NJ is a moderately popular place for families, as children make up 21.2% of the population. The area has a moderately educated workforce, with 27.5% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 10.4% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 40,500 | 0.5% |
% Under 18 | 21.2% | -9.8% |
% Seniors | 15.6% | -0.6% |
% WFH | 10.4% | 181.1% |
% w/ College Degree | 27.5% | 15.5% |
As of the latest ACS Survey released in 2023, Williamstown, NJ is a predominantly white area, with 72.8% of the population identifying as white. The white population has shrunk by 2.7% in the last 5 years. The second most common race or ethnicity in Williamstown, NJ is hispanic, making up 10.8% of the population. Foreign-born residents account for 3.8% of the population in Williamstown, NJ, and this percentage has decreased by 26.9% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 72.8% | -2.7% |
% Black | 10.7% | -24.1% |
% Hispanic | 10.8% | 66.2% |
% Asian | 1.5% | -37.5% |
% Foreign Born | 3.8% | -26.9% |
Mortgage and Risk — Williamstown, NJ
According to HUD data as of 2023, there were 1054 mortgage originations in Williamstown, NJ, of which 73.0% of loans were conventional mortgages. The average loan-to-value was 61.0%, with 31.0% above 90% LTV (very high). This implies large mortgage risk in Williamstown, NJ. Investor activity is low, as 1.0% of loans were by investors. 17.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 1,054 |
% Conventional Loans | 73.0% |
% Government Loans | 27.0% |
% Investor Loans | 1.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 17.0% |
Loan Activity
Rentals and Section 8 — Williamstown, NJ
As of 2024, the percent of homes in Williamstown, NJ under the Section 8 program is 8.6%. This is considered low, suggesting that the neighborhood is sparsely composed of Section 8 homes. Section 8 opportunity is good when HUD pays more than market rent. 2-bedroom units appear to be good home sizes to consider for Section 8 housing in Williamstown, NJ, because HUD payments exceed market rent, while 1-bedroom and 3-bedroom and 4-bedroom units do not.
Section 8 Market Size
Total Units under HUD | 345 |
Total Units Section 8 | 230 |
% Rentals under Section 8 | 8.6% |
% Occupied Section 8 | 81.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | -$30 | $1,540 | $1,510 |
| 2 Bedroom | $60 | $1,750 | $1,810 |
| 3 Bedroom | -$1,000 | $3,200 | $2,200 |
| 4 Bedroom | -$610 | $3,100 | $2,490 |
Affordability — Williamstown, NJ
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3.3 |
| Median Home Price | $359,000 |
| Median Household Income | $92,100 |