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Olivet, NJ
Full City Profile · New Jersey · Salem County County
3.4
/5.0
B
Good
1,647
Population
661/sq mi density
$122,193
Median Income
$41,476 per capita
$299,000
Home Value
$337,918 Zillow
56°F
Avg Temperature
293 sunny days/yr
1,022
Violent Crime/100K
3,874 property/100K
B
Overall
3.4 / 5.0
Good overall score based on economy, affordability, safety and education
A
Economy
4.4 / 5.0
$122,193 median income, 5.8% unemployment
A+
Affordability
5.0 / 5.0
$299,000 home value, /mo rent
F
Safety
1.0 / 5.0
1,022 violent crimes/100K (169% above avg)
B
Education
3.3 / 5.0
28.3% bachelor's degree or higher
Housing Overview
Median Home Value
$299,000
6% above
US avg: $281,900
Homeownership Rate
97.9%
50% above US avg (65.4%)
Total Housing Units
501
Median year built: 1983
Home Value by Source
Census Median
$299,000
Zillow (ZHVI)
$337,918
Census ACS, Zillow ZHVI, Redfin median sale price
Ownership vs. Renting
97.9%
Owner-Occupied
2.1%
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
Affordability & Housing Stock
Rent Burden
34.0%
of renters spending 30%+ of income on housing
10% above US avg (31.0%)
Median Year Built
1983
Average age of housing stock: 43 years
Homeownership Rate
97.9%
Complete Housing Data
Home Values
| Census Median Value | $299,000 |
| Zillow Home Value (ZHVI) | $337,918 |
Rent
| 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
Ownership & Stock
| Owner-Occupied | 97.9% |
| Renter-Occupied | 2.1% |
| Homeownership Rate | 97.9% |
| Total Housing Units | 501 |
| Median Year Built | 1983 |
| Rent Burden | 34.0% |