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Blackwells Mills, NJ

Full City Profile · New Jersey · Somerset County County

4.0 /5.0
A Great
10,220 Population 1,331/sq mi density
$248,149 Median Income $80,940 per capita
$736,000 Home Value $468,783 Zillow
$3,148 Median Rent 20.4% income on rent
53°F Avg Temperature 271 sunny days/yr
115 Violent Crime/100K 2,443 property/100K
A
Overall
4.0 / 5.0
Strong
A+
Economy
4.9 / 5.0
$248,149 median income, 2.9% unemployment
A+
Affordability
5.0 / 5.0
$736,000 home value, $3,148/mo rent
F
Safety
1.0 / 5.0
115 violent crimes/100K
A+
Education
5.0 / 5.0
77.7% bachelor's degree or higher

Housing Overview

Median Home Value
$736,000
161% above
US avg: $281,900
Median Rent
$3,148/mo
171% above
US avg: $1,163/mo
Homeownership Rate
96.4%
47% above US avg (65.4%)
Total Housing Units
2,871
Median year built: 1990

Home Value by Source

Census Median
$736,000
Zillow (ZHVI)
$468,783
Median Sale Price
$865,000
Median List Price
$850,000
Census ACS, Zillow ZHVI, Redfin median sale price

Ownership vs. Renting

96.4%
Owner-Occupied
3.6%
Renter-Occupied
96%
4%
US avg: 65.4% owner-occupied

Fair Market Rents (HUD FY2026)

Studio
$1,599/mo
1 Bedroom
$1,759/mo
2 Bedroom
$2,132/mo
3 Bedroom
$2,658/mo
4 Bedroom
$3,005/mo
Census median rent: $3,148/mo

Market Indicators (Redfin)

Median Days on Market
39 days
Sale-to-List Ratio
1.0%
Buyers market
Homes Sold
2
Price Drops
0.0%
of listings with price reduction
Price Per Sq Ft
$355
Active Inventory
5
homes for sale

Affordability & Housing Stock

Rent Burden
20.4%
of renters spending 30%+ of income on housing
34% below US avg (31.0%)
Median Year Built
1990
Average age of housing stock: 36 years
Homeownership Rate
96.4%

Complete Housing Data

Home Values

Census Median Value$736,000
Zillow Home Value (ZHVI)$468,783
Median Sale Price$865,000
Median List Price$850,000
Price Per Sq Ft$355

Rent

Census Median Rent$3,148
FMR Studio$1,599
FMR 1-Bedroom$1,759
FMR 2-Bedroom$2,132
FMR 3-Bedroom$2,658
FMR 4-Bedroom$3,005

Market

Days on Market39
Sale-to-List Ratio1.0%
Price Drops0.0%
Homes Sold2
Active Inventory5
Price Per Sq Ft$355

Ownership & Stock

Owner-Occupied96.4%
Renter-Occupied3.6%
Homeownership Rate96.4%
Total Housing Units2,871
Median Year Built1990
Rent Burden20.4%