All Countries
Penns Grove, NJ
Full City Profile · New Jersey · Salem County County
2.3
/5.0
C
Fair
4,860
Population
5,461/sq mi density
$43,889
Median Income
$18,364 per capita
$170,100
Home Value
$195,301 Zillow
$1,031
Median Rent
34.6% income on rent
57°F
Avg Temperature
293 sunny days/yr
1,075
Violent Crime/100K
3,245 property/100K
C
Overall
2.3 / 5.0
Fair overall score based on economy, affordability, safety and education
D
Economy
1.7 / 5.0
$43,889 median income, 8.7% unemployment
A
Affordability
4.5 / 5.0
$170,100 home value, $1,031/mo rent
F
Safety
1.0 / 5.0
1,075 violent crimes/100K (183% above avg)
C
Education
2.2 / 5.0
14.6% bachelor's degree or higher
Housing Overview
Median Home Value
$170,100
40% below
US avg: $281,900
Median Rent
$1,031/mo
11% below
US avg: $1,163/mo
Homeownership Rate
38.2%
42% below US avg (65.4%)
Total Housing Units
1,894
Median year built: 1956
Home Value by Source
Census Median
$170,100
Zillow (ZHVI)
$195,301
Median Sale Price
$185,000
Median List Price
$167,500
Census ACS, Zillow ZHVI, Redfin median sale price
Ownership vs. Renting
38.2%
Owner-Occupied
61.8%
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:
$1,031/mo
Market Indicators (Redfin)
Median Days on Market
73 days
Sale-to-List Ratio
1.0%
Buyers market
Homes Sold
7
Price Drops
13.3%
of listings with price reduction
Price Per Sq Ft
$191
Active Inventory
15
homes for sale
Affordability & Housing Stock
Rent Burden
34.6%
of renters spending 30%+ of income on housing
12% above US avg (31.0%)
Median Year Built
1956
Average age of housing stock: 70 years
Homeownership Rate
38.2%
Complete Housing Data
Home Values
| Census Median Value | $170,100 |
| Zillow Home Value (ZHVI) | $195,301 |
| Median Sale Price | $185,000 |
| Median List Price | $167,500 |
| Price Per Sq Ft | $191 |
Rent
| Census Median Rent | $1,031 |
| 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 | 73 |
| Sale-to-List Ratio | 1.0% |
| Price Drops | 13.3% |
| Homes Sold | 7 |
| Active Inventory | 15 |
| Price Per Sq Ft | $191 |
Ownership & Stock
| Owner-Occupied | 38.2% |
| Renter-Occupied | 61.8% |
| Homeownership Rate | 38.2% |
| Total Housing Units | 1,894 |
| Median Year Built | 1956 |
| Rent Burden | 34.6% |