Bridgewater Township, NJ—08836
Real Estate Data & Market Trends
Key Metrics at a Glance
Other Zip Codes in Bridgewater Township, NJ
Home Price Trends — Bridgewater Township, NJ
As of Oct '25, the median home price in Bridgewater Township, NJ is $859,000, with a year-over-year change of 1.6%. This indicates that home prices in Bridgewater Township, NJ are increasing. According to Zillow, the 1-year price projection is 1.2%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $859,000 | 1.6% |
| Single Family | $868,000 | 1.8% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | N/A | N/A |
3 Bed | $734,000 | 3.7% |
4 Bed | $912,000 | 3.4% |
| 5 Bed | $1,257,000 | 3.4% |
% of Housing Stock
Rental Trends — Bridgewater Township, NJ
As of July '25, Rentcast reports the average rent in Bridgewater Township, NJ is $4,300, with a year-over-year rent change of -9.1%. Per bedroom, the median rent as of July '25 in Bridgewater Township, NJ is 3-bedrooms: $4,300. The most common rental property sizes in Bridgewater Township, NJ are 2-bedroom and studio, accounting for 100.0% and 0.0% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $4,300 | $4,300 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | N/A | N/A |
| 3 Bed Rent | $4,300 | $4,300 |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Bridgewater Township, NJ
As of Oct '25, Realtor.com reports that the median days on market for a home in Bridgewater Township, NJ is 93. This is a increase of 81.0% 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 0.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $769,000 | -36.0% |
Listing Count | 15 | -25.0% |
| Listings as % of Homes | 0.8% | -25.0% |
Days on Market | 93 | 81.0% |
Demographics — Bridgewater Township, NJ
As of the latest ACS Survey released in 2023, Bridgewater Township, NJ has a population of 4,330, which has increased by 14.9% over the past 5 years. Bridgewater Township, NJ is a popular place for families, as children make up 30.3% of the population. The area has a highly educated workforce, with 74.6% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 24.2% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 4,330 | 14.9% |
% Under 18 | 30.3% | 10.2% |
% Seniors | 10.7% | -33.1% |
% WFH | 24.2% | 130.5% |
% w/ College Degree | 74.6% | 11.8% |
As of the latest ACS Survey released in 2023, Bridgewater Township, NJ is a predominantly white area, with 68.3% of the population identifying as white. The white population has shrunk by 7.5% in the last 5 years. The second most common race or ethnicity in Bridgewater Township, NJ is asian, making up 12.9% of the population. Foreign-born residents account for 16.4% of the population in Bridgewater Township, NJ, and this percentage has decreased by 22.3% 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 | 68.3% | -7.5% |
% Black | 0.0% | -100.0% |
% Hispanic | 7.3% | -28.4% |
% Asian | 12.9% | -8.5% |
% Foreign Born | 16.4% | -22.3% |
Mortgage and Risk — Bridgewater Township, NJ
According to HUD data as of 2023, there were 87 mortgage originations in Bridgewater Township, NJ, of which 99.0% of loans were conventional mortgages. The average loan-to-value was 53.0%, with 7.0% above 90% LTV (normal). This implies small mortgage risk in Bridgewater Township, NJ. Investor activity is low, as 0.0% of loans were by investors. 10.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 87 |
% Conventional Loans | 99.0% |
% Government Loans | 1.0% |
% Investor Loans | 0.0% |
% Second Loans | 2.0% |
% Cash Out Refinance | 10.0% |
Loan Activity
Rentals and Section 8 — Bridgewater Township, NJ
Bridgewater Township, NJ lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 1 |
Total Units Section 8 | 1 |
% Rentals under Section 8 | 10.0% |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $1,940 |
| 2 Bedroom | N/A | N/A | $2,440 |
| 3 Bedroom | -$1,370 | $4,300 | $2,930 |
| 4 Bedroom | N/A | N/A | $3,230 |
Affordability — Bridgewater Township, NJ
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3.1 |
| Median Home Price | $859,000 |
| Median Household Income | $238,000 |