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Raritan, NJ
Full City Profile · New Jersey · Somerset County County
3.5
/5.0
B+
Good
8,192
Population
4,117/sq mi density
$103,699
Median Income
$56,989 per capita
$449,200
Home Value
$532,498 Zillow
$1,927
Median Rent
28.0% income on rent
51°F
Avg Temperature
275 sunny days/yr
75
Violent Crime/100K
763 property/100K
B+
Overall
3.5 / 5.0
Good overall score based on economy, affordability, safety and education
A+
Economy
4.7 / 5.0
$103,699 median income, 4.1% unemployment
A
Affordability
4.2 / 5.0
$449,200 home value, $1,927/mo rent
F
Safety
1.0 / 5.0
75 violent crimes/100K
A
Education
4.2 / 5.0
39.8% bachelor's degree or higher
Housing Overview
Median Home Value
$449,200
59% above
US avg: $281,900
Median Rent
$1,927/mo
66% above
US avg: $1,163/mo
Homeownership Rate
53.4%
18% below US avg (65.4%)
Total Housing Units
3,376
Median year built: 1966
Home Value by Source
Census Median
$449,200
Zillow (ZHVI)
$532,498
Median Sale Price
$625,000
Median List Price
$590,000
Census ACS, Zillow ZHVI, Redfin median sale price
Ownership vs. Renting
53.4%
Owner-Occupied
46.6%
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:
$1,927/mo
· Zillow rent:
$2,506/mo
Market Indicators (Redfin)
Median Days on Market
64 days
Sale-to-List Ratio
1.0%
Buyers market
Homes Sold
1
Price Drops
25.0%
of listings with price reduction
Price Per Sq Ft
$0
Active Inventory
4
homes for sale
Affordability & Housing Stock
Rent Burden
28.0%
of renters spending 30%+ of income on housing
10% below US avg (31.0%)
Median Year Built
1966
Average age of housing stock: 60 years
Homeownership Rate
53.4%
Complete Housing Data
Home Values
| Census Median Value | $449,200 |
| Zillow Home Value (ZHVI) | $532,498 |
| Median Sale Price | $625,000 |
| Median List Price | $590,000 |
| Price Per Sq Ft | $0 |
Rent
| Census Median Rent | $1,927 |
| Zillow Rent (ZORI) | $2,506 |
| 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 | 64 |
| Sale-to-List Ratio | 1.0% |
| Price Drops | 25.0% |
| Homes Sold | 1 |
| Active Inventory | 4 |
| Price Per Sq Ft | $0 |
Ownership & Stock
| Owner-Occupied | 53.4% |
| Renter-Occupied | 46.6% |
| Homeownership Rate | 53.4% |
| Total Housing Units | 3,376 |
| Median Year Built | 1966 |
| Rent Burden | 28.0% |