Sign In Register

Watchung, NJ

Full City Profile · New Jersey · Union County County

3.6 /5.0
B+ Good
6,429 Population 1,068/sq mi density
$166,536 Median Income $85,269 per capita
$833,300 Home Value $1,037,822 Zillow
$2,571 Median Rent 34.9% income on rent
55°F Avg Temperature 275 sunny days/yr
17 Violent Crime/100K 5,286 property/100K
B+
Overall
3.6 / 5.0
Good overall score based on economy, affordability, safety and education
A+
Economy
4.5 / 5.0
$166,536 median income, 5.3% unemployment
B+
Affordability
3.9 / 5.0
$833,300 home value, $2,571/mo rent
F
Safety
1.0 / 5.0
17 violent crimes/100K
A+
Education
5.0 / 5.0
62.8% bachelor's degree or higher

Housing Overview

Median Home Value
$833,300
196% above
US avg: $281,900
Median Rent
$2,571/mo
121% above
US avg: $1,163/mo
Homeownership Rate
87.4%
34% above US avg (65.4%)
Total Housing Units
2,286
Median year built: 1973

Home Value by Source

Census Median
$833,300
Zillow (ZHVI)
$1,037,822
Median Sale Price
$969,500
Median List Price
$1,480,000
Census ACS, Zillow ZHVI, Redfin median sale price

Ownership vs. Renting

87.4%
Owner-Occupied
12.6%
Renter-Occupied
87%
13%
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: $2,571/mo

Market Indicators (Redfin)

Median Days on Market
13 days
Sale-to-List Ratio
1.0%
Buyers market
Homes Sold
4
Price Drops
30.0%
of listings with price reduction
Price Per Sq Ft
$353
Active Inventory
10
homes for sale

Affordability & Housing Stock

Rent Burden
34.9%
of renters spending 30%+ of income on housing
13% above US avg (31.0%)
Median Year Built
1973
Average age of housing stock: 53 years
Homeownership Rate
87.4%

Complete Housing Data

Home Values

Census Median Value$833,300
Zillow Home Value (ZHVI)$1,037,822
Median Sale Price$969,500
Median List Price$1,480,000
Price Per Sq Ft$353

Rent

Census Median Rent$2,571
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 Market13
Sale-to-List Ratio1.0%
Price Drops30.0%
Homes Sold4
Active Inventory10
Price Per Sq Ft$353

Ownership & Stock

Owner-Occupied87.4%
Renter-Occupied12.6%
Homeownership Rate87.4%
Total Housing Units2,286
Median Year Built1973
Rent Burden34.9%