North Brunswick, NJ—08902
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — North Brunswick, NJ
As of Oct '25, the median home price in North Brunswick, NJ is $535,000, with a year-over-year change of 5.3%. This indicates that home prices in North Brunswick, 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 | $535,000 | 5.3% |
| Single Family | $577,000 | 4.0% |
| Condos | $382,000 | 3.8% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $404,000 | 4.1% |
3 Bed | $549,000 | 4.2% |
4 Bed | $701,000 | 4.6% |
| 5 Bed | $846,000 | 6.3% |
% of Housing Stock
Rental Trends — North Brunswick, NJ
As of July '25, Rentcast reports the average rent in North Brunswick, NJ is $2,800, with a year-over-year rent change of 6.1%. Per bedroom, the median rent as of July '25 in North Brunswick, NJ is 1-bedrooms: $2,070, 2-bedrooms: $2,530, 3-bedrooms: $3,310, 4-bedrooms: $3,870. The most common rental property sizes in North Brunswick, NJ are 2-bedroom and 1-bedroom, accounting for 47.9% and 31.8% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $2,700 | $2,800 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $2,100 | $2,070 |
| 2 Bed Rent | $2,500 | $2,530 |
| 3 Bed Rent | $3,300 | $3,310 |
| 4 Bed Rent | $3,800 | $3,870 |
% of Rental Stock
Property Listings — North Brunswick, NJ
As of Oct '25, Realtor.com reports that the median days on market for a home in North Brunswick, NJ is 36. This is a increase of 24.0% 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 10.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $470,000 | -9.0% |
Listing Count | 81 | 1.0% |
| Listings as % of Homes | 0.4% | 1.0% |
Days on Market | 36 | 24.0% |
Demographics — North Brunswick, NJ
As of the latest ACS Survey released in 2023, North Brunswick, NJ has a population of 43,100, which has increased by 4.9% over the past 5 years. North Brunswick, NJ is a moderately popular place for families, as children make up 22.7% of the population. The area has a moderately educated workforce, with 44.9% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 17.1% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 43,100 | 4.9% |
% Under 18 | 22.7% | -3.8% |
% Seniors | 14.5% | 16.9% |
% WFH | 17.1% | 362.2% |
% w/ College Degree | 44.9% | -8.4% |
As of the latest ACS Survey released in 2023, North Brunswick, NJ is a predominantly hispanic area, with 26.5% of the population identifying as hispanic. The hispanic population has grown by 26.8% in the last 5 years. The second most common race or ethnicity in North Brunswick, NJ is white, making up 26.1% of the population. Foreign-born residents account for 35.9% of the population in North Brunswick, NJ, and this percentage has increased by 4.4% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 26.1% | -24.1% |
% Black | 21.3% | 8.7% |
% Hispanic | 26.5% | 26.8% |
% Asian | 23.0% | -5.7% |
% Foreign Born | 35.9% | 4.4% |
Mortgage and Risk — North Brunswick, NJ
According to HUD data as of 2023, there were 458 mortgage originations in North Brunswick, NJ, of which 87.0% of loans were conventional mortgages. The average loan-to-value was 74.0%, with 24.0% above 90% LTV (very high). This implies large mortgage risk in North Brunswick, NJ. Investor activity is low, as 5.0% 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 | 458 |
% Conventional Loans | 87.0% |
% Government Loans | 13.0% |
% Investor Loans | 5.0% |
% Second Loans | 1.0% |
% Cash Out Refinance | 10.0% |
Loan Activity
Rentals and Section 8 — North Brunswick, NJ
As of 2024, the percent of homes in North Brunswick, NJ under the Section 8 program is 7.1%. 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 North Brunswick, 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 | 456 |
Total Units Section 8 | 456 |
% Rentals under Section 8 | 7.1% |
% Occupied Section 8 | 97.4% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | -$260 | $2,100 | $1,840 |
| 2 Bedroom | -$190 | $2,500 | $2,310 |
| 3 Bedroom | -$520 | $3,300 | $2,780 |
| 4 Bedroom | -$740 | $3,800 | $3,060 |
Affordability — North Brunswick, NJ
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3.7 |
| Median Home Price | $535,000 |
| Median Household Income | $118,000 |