South Bound Brook, NJ—08880
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — South Bound Brook, NJ
As of Oct '25, the median home price in South Bound Brook, NJ is $451,000, with a year-over-year change of 0.1%. This indicates that home prices in South Bound Brook, NJ are flat. According to Zillow, the 1-year price projection is 1.3%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $451,000 | 0.1% |
| Single Family | $458,000 | 0.0% |
| Condos | $385,000 | -0.8% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $407,000 | 3.0% |
3 Bed | $471,000 | 1.9% |
4 Bed | $518,000 | 1.6% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — South Bound Brook, NJ
As of July '25, Rentcast reports the average rent in South Bound Brook, NJ is $2,750, with a year-over-year rent change of 12.7%. Per bedroom, the median rent as of July '25 in South Bound Brook, NJ is 1-bedrooms: $1,700, 2-bedrooms: $2,960, 3-bedrooms: $2,730, 4-bedrooms: $3,900. The most common rental property sizes in South Bound Brook, NJ are 2-bedroom and 1-bedroom, accounting for 47.8% and 28.0% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $2,800 | $2,750 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $1,650 | $1,700 |
| 2 Bed Rent | $2,900 | $2,960 |
| 3 Bed Rent | $2,700 | $2,730 |
| 4 Bed Rent | $3,900 | $3,900 |
% of Rental Stock
Property Listings — South Bound Brook, NJ
As of Oct '25, Realtor.com reports that the median days on market for a home in South Bound Brook, NJ is 50. This is a increase of 107.0% 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 | $440,000 | -3.0% |
Listing Count | 6 | 8.0% |
| Listings as % of Homes | 0.5% | 8.0% |
Days on Market | 50 | 107.0% |
Demographics — South Bound Brook, NJ
As of the latest ACS Survey released in 2023, South Bound Brook, NJ has a population of 4,830, which has increased by 6.2% over the past 5 years. South Bound Brook, NJ is a moderately popular place for families, as children make up 22.9% of the population. The area has a poorly educated workforce, with 24.0% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 9.0% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 4,830 | 6.2% |
% Under 18 | 22.9% | -3.8% |
% Seniors | 11.8% | 5.4% |
% WFH | 9.0% | 650.0% |
% w/ College Degree | 24.0% | -2.0% |
As of the latest ACS Survey released in 2023, South Bound Brook, NJ is a predominantly white area, with 41.6% of the population identifying as white. The white population has shrunk by 3.3% in the last 5 years. The second most common race or ethnicity in South Bound Brook, NJ is hispanic, making up 38.1% of the population. Foreign-born residents account for 22.9% of the population in South Bound Brook, NJ, and this percentage has decreased by 17.9% 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 | 41.6% | -3.3% |
% Black | 13.7% | 3.0% |
% Hispanic | 38.1% | 27.0% |
% Asian | 3.0% | -73.9% |
% Foreign Born | 22.9% | -17.9% |
Mortgage and Risk — South Bound Brook, NJ
According to HUD data as of 2023, there were 71 mortgage originations in South Bound Brook, NJ, of which 75.0% of loans were conventional mortgages. The average loan-to-value was 64.0%, with 30.0% above 90% LTV (very high). This implies large mortgage risk in South Bound Brook, NJ. Investor activity is low, as 1.0% of loans were by investors. 11.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 71 |
% Conventional Loans | 75.0% |
% Government Loans | 25.0% |
% Investor Loans | 1.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 11.0% |
Loan Activity
Rentals and Section 8 — South Bound Brook, NJ
As of 2024, the percent of homes in South Bound Brook, NJ under the Section 8 program is 4.3%. 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. 1-bedroom units appear to be good home sizes to consider for Section 8 housing in South Bound Brook, NJ, because HUD payments exceed market rent, while 2-bedroom and 3-bedroom and 4-bedroom units do not.
Section 8 Market Size
Total Units under HUD | 42 |
Total Units Section 8 | 40 |
% Rentals under Section 8 | 4.3% |
% Occupied Section 8 | 98.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $10 | $1,650 | $1,660 |
| 2 Bedroom | -$810 | $2,900 | $2,090 |
| 3 Bedroom | -$180 | $2,700 | $2,520 |
| 4 Bedroom | -$1,130 | $3,900 | $2,770 |
Affordability — South Bound Brook, NJ
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3.8 |
| Median Home Price | $451,000 |
| Median Household Income | $102,000 |