Bridgeton, NJ08302

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value
$247,000
1.9% YoY Growth
Median Household Income
$60,300
29.3% 5-Year Growth
Days on Market
45
2.0% Longer than last year
Home Price Forecast
3.0%
Median Rent
$1,580
5.7% YoY Growth
1-Bed Rent
$1,000
1.0% YoY Growth
2-Bed Rent
$1,550
0.7% YoY Growth
3-Bed Rent
$1,950
3.0% YoY Growth

Property Listings — Bridgeton, NJ

As of Oct '25, Realtor.com reports that the median days on market for a home in Bridgeton, NJ is 45. This is a increase of 2.0% 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 24.0%, representing a small inventory and little supply pressure on home prices.

MetricZip Code AverageYear over Year % Change
Median Listing Price
$321,00012.0%
Listing Count
11910.0%
Listings as % of Homes0.6%10.0%
Days on Market
452.0%
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Demographics — Bridgeton, NJ

As of the latest ACS Survey released in 2023, Bridgeton, NJ has a population of 47,000, which has increased by 3.6% over the past 5 years. Bridgeton, NJ is a popular place for families, as children make up 27.8% of the population. The area has a poorly educated workforce, with 13.0% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 5.1% reporting working from home.

MetricLatest CensusYoY % Change
Population
47,0003.6%
% Under 18
27.8%1.5%
% Seniors
12.1%-4.0%
% WFH
5.1%54.5%
% w/ College Degree
13.0%0.0%
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As of the latest ACS Survey released in 2023, Bridgeton, NJ is a predominantly hispanic area, with 39.1% of the population identifying as hispanic. The hispanic population has grown by 20.3% in the last 5 years. The second most common race or ethnicity in Bridgeton, NJ is white, making up 30.5% of the population. Foreign-born residents account for 16.9% of the population in Bridgeton, NJ, and this percentage has increased by 21.6% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.

Race and Ethnicity

MetricLatest Census5-Year % Change
% White
30.5%-20.2%
% Black
25.9%6.6%
% Hispanic
39.1%20.3%
% Asian
1.1%10.0%
% Foreign Born
16.9%21.6%
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Mortgage and Risk — Bridgeton, NJ

According to HUD data as of 2023, there were 516 mortgage originations in Bridgeton, NJ, of which 65.0% of loans were conventional mortgages. The average loan-to-value was 70.0%, with 35.0% above 90% LTV (very high). This implies large mortgage risk in Bridgeton, NJ. Investor activity is low, as 2.0% of loans were by investors. 12.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.

Mortgages

MetricZip Code Average
Total Loan Originations
516
% Conventional Loans
65.0%
% Government Loans
35.0%
% Investor Loans
2.0%
% Second Loans
0.0%
% Cash Out Refinance
12.0%

Loan Activity

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Rentals and Section 8 — Bridgeton, NJ

As of 2024, the percent of homes in Bridgeton, NJ under the Section 8 program is 13.9%. 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. In Bridgeton, NJ, all tracked home sizes have HUD payment amounts above market rent, suggesting strong Section 8 opportunity across the board.

Section 8 Market Size

Total Units under HUD
1,342
Total Units Section 8
894
% Rentals under Section 8
13.9%
% Occupied Section 8
92.0%

Section 8 Opportunity

Home SizeHUD PremiumMarket RentMax HUD Rent
1 Bedroom$280$1,000$1,280
2 Bedroom$40$1,550$1,590
3 Bedroom$200$1,950$2,150
4 Bedroom$430$1,750$2,180

Affordability — Bridgeton, NJ

Home Price to Income Ratio

MetricZip Code Average
Home Price to Income Ratio3.5
Median Home Price$247,000
Median Household Income$60,300

Bridgeton, NJ — ZIP Code Boundary Map

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Frequently Asked Questions