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Somerville, NJ
Full City Profile · New Jersey · Somerset County County
3.8
/5.0
B+
Good
12,958
Population
5,538/sq mi density
$103,869
Median Income
$54,478 per capita
$403,600
Home Value
$530,141 Zillow
$1,748
Median Rent
25.8% income on rent
51°F
Avg Temperature
275 sunny days/yr
90
Violent Crime/100K
1,131 property/100K
B+
Overall
3.8 / 5.0
Good overall score based on economy, affordability, safety and education
A+
Economy
4.9 / 5.0
$103,869 median income, 2.9% unemployment
A
Affordability
4.5 / 5.0
$403,600 home value, $1,748/mo rent
F
Safety
1.0 / 5.0
90 violent crimes/100K
A+
Education
5.0 / 5.0
53.5% bachelor's degree or higher
Housing Overview
Median Home Value
$403,600
43% above
US avg: $281,900
Median Rent
$1,748/mo
50% above
US avg: $1,163/mo
Homeownership Rate
44.5%
32% below US avg (65.4%)
Total Housing Units
5,340
Median year built: 1958
Home Value by Source
Census Median
$403,600
Zillow (ZHVI)
$530,141
Median Sale Price
$557,500
Median List Price
$600,000
Census ACS, Zillow ZHVI, Redfin median sale price
Ownership vs. Renting
44.5%
Owner-Occupied
55.5%
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:
$1,748/mo
· Zillow rent:
$2,158/mo
Market Indicators (Redfin)
Median Days on Market
80 days
Sale-to-List Ratio
1.0%
Buyers market
Homes Sold
4
Price Drops
7.7%
of listings with price reduction
Price Per Sq Ft
$283
Active Inventory
13
homes for sale
Affordability & Housing Stock
Rent Burden
25.8%
of renters spending 30%+ of income on housing
17% below US avg (31.0%)
Median Year Built
1958
Average age of housing stock: 68 years
Homeownership Rate
44.5%
Complete Housing Data
Home Values
| Census Median Value | $403,600 |
| Zillow Home Value (ZHVI) | $530,141 |
| Median Sale Price | $557,500 |
| Median List Price | $600,000 |
| Price Per Sq Ft | $283 |
Rent
| Census Median Rent | $1,748 |
| Zillow Rent (ZORI) | $2,158 |
| 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 | 80 |
| Sale-to-List Ratio | 1.0% |
| Price Drops | 7.7% |
| Homes Sold | 4 |
| Active Inventory | 13 |
| Price Per Sq Ft | $283 |
Ownership & Stock
| Owner-Occupied | 44.5% |
| Renter-Occupied | 55.5% |
| Homeownership Rate | 44.5% |
| Total Housing Units | 5,340 |
| Median Year Built | 1958 |
| Rent Burden | 25.8% |