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
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 Market | 66 |
| Sale-to-List Ratio | 1.0% |
| Price Drops | 16.7% |
| Homes Sold | 7 |
| Active Inventory | 6 |
| Price Per Sq Ft | $335 |
Ownership & Stock
| Owner-Occupied | 41.8% |
| Renter-Occupied | 58.2% |
| Homeownership Rate | 41.8% |
| Total Housing Units | 4,777 |
| Median Year Built | 1954 |
| Rent Burden | 40.9% |
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