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Bound Brook, NJ

Full City Profile · New Jersey · Somerset County County

3.1 /5.0
B Good
12,023 Population 7,243/sq mi density
$80,876 Median Income $42,275 per capita
$362,900 Home Value $496,307 Zillow
$1,842 Median Rent 40.9% income on rent
51°F Avg Temperature 275 sunny days/yr
156 Violent Crime/100K 1,092 property/100K
B
Overall
3.1 / 5.0
Good overall score based on economy, affordability, safety and education
A
Economy
4.1 / 5.0
$80,876 median income, 3.7% unemployment
A
Affordability
4.2 / 5.0
$362,900 home value, $1,842/mo rent
F
Safety
1.0 / 5.0
156 violent crimes/100K
B
Education
3.2 / 5.0
27.7% bachelor's degree or higher

Housing Overview

Median Home Value
$362,900
29% above
US avg: $281,900
Median Rent
$1,842/mo
58% above
US avg: $1,163/mo
Homeownership Rate
41.8%
36% below US avg (65.4%)
Total Housing Units
4,777
Median year built: 1954

Home Value by Source

Census Median
$362,900
Zillow (ZHVI)
$496,307
Median Sale Price
$605,000
Median List Price
$489,000
Census ACS, Zillow ZHVI, Redfin median sale price

Ownership vs. Renting

41.8%
Owner-Occupied
58.2%
Renter-Occupied
42%
58%
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: $1,842/mo · Zillow rent: $2,341/mo

Market Indicators (Redfin)

Median Days on Market
66 days
Sale-to-List Ratio
1.0%
Buyers market
Homes Sold
7
Price Drops
16.7%
of listings with price reduction
Price Per Sq Ft
$335
Active Inventory
6
homes for sale

Affordability & Housing Stock

Rent Burden
40.9%
of renters spending 30%+ of income on housing
32% above US avg (31.0%)
Median Year Built
1954
Average age of housing stock: 72 years
Homeownership Rate
41.8%

Complete Housing Data

Home Values

Census Median Value$362,900
Zillow Home Value (ZHVI)$496,307
Median Sale Price$605,000
Median List Price$489,000
Price Per Sq Ft$335

Rent

Census Median Rent$1,842
Zillow Rent (ZORI)$2,341
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 Market66
Sale-to-List Ratio1.0%
Price Drops16.7%
Homes Sold7
Active Inventory6
Price Per Sq Ft$335

Ownership & Stock

Owner-Occupied41.8%
Renter-Occupied58.2%
Homeownership Rate41.8%
Total Housing Units4,777
Median Year Built1954
Rent Burden40.9%