Real Estate Market Update for 08816 (East Brunswick, NJ)
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Welcome to August's Market Update,. Let’s take a look at residential real-estate activity in your area during the month of August. The number of active listings was up 27% from one year earlier, and did not change from the previous month. These latest figures mean that buyers had a greater selection of homes to choose from compared to the same month the previous year. As you can see, the median listing price for the month was just under 360-thousand dollars. Compared to last year, the average number of days units spent on the market before being sold was down 44%. This lower number of days may signal a positive trend in the local inventory-turnover rate. The median sale price was 420-thousand dollars. The number of units sold decreased 71% year-over-year, and decreased 50% month-over-month. Fewer sales could indicate an opportunity for buyers to negotiate better terms. Thanks for watching. We hope you use this information to make smart, informed decisions in your upcoming real-estate transactions. Feel free to contact us for more information or further assistance.
Map Information for 08816 (East Brunswick, NJ)
Area Information for 08816 (East Brunswick, NJ)
  • Population: 47,311
  • Median Age: 41.55 yr
  • Median Commute Time: 31.32 mins
  • Educational Climate*: 5
  • Sales Tax: 6.909%
  • Population Density: 2,303/sq mi
  • Population Change Since 2000: 4.14%
  • Closest Airport: Newark Liberty International
  • Closest College: Devry University-north Brunswick
  • Closest Jr. College: Middlesex County College
  • Median Household Income: $103,331
  • Annual Residential Turnover: 12.98%
  • Median Years in Residence: 4.8 yr
  • Median Home Sales Price: $275,000
  • Closest Major Sports Team: Trenton Thunder
  • Change Avg. Household Income Since 2000: 36%
* Scale from 1-5  ** Index where 100 is the national average
Demographic Data for 08816 (East Brunswick, NJ)
Median Age: 41.55 Married: 44% Number of Households: 16,674 Households with Children: 6,759
Community:
    • Occupancy Types
      • 3599 Vacant
      • 8822 Owned
      • 12512 Rented
    • Transportation to Work
      • 43% Drive
      • 47% Public Transportation
      • 8% Walk / Bike / Other
      • 8% Work at Home
    National Index Comparisons:
    (100 National Average)
      • Population By Sex(%)
        • 50% Male
        • 50% Female
      • White/Blue Collar Jobs
        • 50% White Collar
        • 50% Blue Collar
      School Data for 08816 (East Brunswick, NJ)

      School Name Distance Type Grades GreatSchools Rating Parent Rating
      Solomon Schechter Day School 0.2 mi Private K-8 0 5
      St. Bartholomew School 0.3 mi Catholic PRESCHOOL-8 0 4
      Memorial Elementary School 0.3 mi Public PRESCHOOL-5 4-5 4
      East Brunswick High School 0.9 mi Public 10-12 3-5 4
      Warnsdorfer Elementary School 0.9 mi Public PRESCHOOL-5 5 5
      Central Elementary School 1.2 mi Public PRESCHOOL-5 4-5 4
      Hatikvah International Charter School 1.2 mi Public K-2 5 4
      Cornerstone Christian School 1.4 mi Private PRESCHOOL-K 0 5
      Hammarskjold Middle School 1.4 mi Public 6-7 4-5 3
      Kindercare Learning Center 1.6 mi Private PRESCHOOL-K 0 0
      Irwin School 1.6 mi Public K-5 4 5
      Frost Elementary School 1.6 mi Public PRESCHOOL-5 4-5 4
      Unitarian Society Montessori 1.7 mi Private PRESCHOOL-K 0 0
      Childrens Choice 1.7 mi Private PRESCHOOL-K 0 0
      Kiddie Academy 1.8 mi Private UNGRADE-K 0 0
      Mdsx Co Voc Eb Career Development 1.9 mi Public 9-12 1 0
      Churchill Junior High School 2.1 mi Public 8-9 4 3
      Temple Bnai Shalom 2.2 mi Private PRESCHOOL-K 0 0
      Chittick Elementary School 2.2 mi Public K-5 3-5 5
      Lawrence Brook Elementary School 2.3 mi Public PRESCHOOL-5 3-5 4
      Crossroads Early Learning Center 2.4 mi Private PRESCHOOL-K 0 0
      Bowne-munro Elementary School 2.8 mi Public K-5 3-5 5
      Proximity to listed schools and their school district(s) does not guarantee enrollment eligibility. Please contact a local real estate professional or the local school district(s) for the most current information relating to schools in the area. Sources: GreatSchools.org and Onboard Informatics © 2014
      Local Weather for 08816 (East Brunswick, NJ)
        Community information and market data Powered by Onboard Informatics. Copyright ©2014 Onboard Informatics. Information is deemed reliable but not guaranteed. * Based on a 30-year fixed rate of 4.75% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.