Bordentown Township, NJ08505

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value
$441,000
2.8% YoY Growth
Median Household Income
$112,000
26.3% 5-Year Growth
Days on Market
34
4.0% Longer than last year
Home Price Forecast
1.6%
Median Rent
$2,500
14.3% YoY Growth
1-Bed Rent
$2,100
14.3% YoY Growth
2-Bed Rent
$2,730
12.8% YoY Growth
3-Bed Rent
$2,350
10.7% YoY Growth

Property Listings — Bordentown Township, NJ

As of Oct '25, Realtor.com reports that the median days on market for a home in Bordentown Township, NJ is 34. This is a increase of 4.0% 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 26.0%, representing a large inventory and a lot of supply pressure on home prices.

MetricZip Code AverageYear over Year % Change
Median Listing Price
$447,0000.0%
Listing Count
47-35.0%
Listings as % of Homes0.4%-35.0%
Days on Market
344.0%
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Demographics — Bordentown Township, NJ

As of the latest ACS Survey released in 2023, Bordentown Township, NJ has a population of 18,900, which has increased by 4.6% over the past 5 years. Bordentown Township, NJ is a moderately popular place for families, as children make up 23.5% of the population. The area has a moderately educated workforce, with 43.1% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 15.2% reporting working from home.

MetricLatest CensusYoY % Change
Population
18,9004.6%
% Under 18
23.5%13.5%
% Seniors
14.7%-1.3%
% WFH
15.2%442.9%
% w/ College Degree
43.1%0.7%
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As of the latest ACS Survey released in 2023, Bordentown Township, NJ is a predominantly white area, with 68.7% of the population identifying as white. The white population has shrunk by 4.6% in the last 5 years. The second most common race or ethnicity in Bordentown Township, NJ is hispanic, making up 11.0% of the population. Foreign-born residents account for 13.0% of the population in Bordentown Township, NJ, and this percentage has increased by 9.2% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.

Race and Ethnicity

MetricLatest Census5-Year % Change
% White
68.7%-4.6%
% Black
9.6%-5.0%
% Hispanic
11.0%46.7%
% Asian
5.8%-30.1%
% Foreign Born
13.0%9.2%
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Mortgage and Risk — Bordentown Township, NJ

According to HUD data as of 2023, there were 395 mortgage originations in Bordentown Township, NJ, of which 84.0% of loans were conventional mortgages. The average loan-to-value was 58.0%, with 21.0% above 90% LTV (very high). This implies large mortgage risk in Bordentown Township, NJ. Investor activity is low, as 2.0% of loans were by investors. 13.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.

Mortgages

MetricZip Code Average
Total Loan Originations
395
% Conventional Loans
84.0%
% Government Loans
16.0%
% Investor Loans
2.0%
% Second Loans
0.0%
% Cash Out Refinance
13.0%

Loan Activity

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Rentals and Section 8 — Bordentown Township, NJ

As of 2024, the percent of homes in Bordentown Township, NJ under the Section 8 program is 0.7%. 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 Bordentown Township, NJ, none of the tracked home sizes currently have HUD payment amounts above market rent, suggesting limited Section 8 opportunity.

Section 8 Market Size

Total Units under HUD
18
Total Units Section 8
18
% Rentals under Section 8
0.7%
% Occupied Section 8
100.0%

Section 8 Opportunity

Home SizeHUD PremiumMarket RentMax HUD Rent
1 Bedroom-$480$2,100$1,620
2 Bedroom-$800$2,730$1,930
3 Bedroom-$20$2,350$2,330
4 Bedroom-$860$3,500$2,640

Affordability — Bordentown Township, NJ

Home Price to Income Ratio

MetricZip Code Average
Home Price to Income Ratio3.3
Median Home Price$441,000
Median Household Income$112,000

Bordentown Township, NJ — ZIP Code Boundary Map

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Frequently Asked Questions