Real Estate Market Update for 08873 (Somerset, NJ)
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Map Information for 08873 (Somerset, NJ)
Area Information for 08873 (Somerset, NJ)
  • Population: 53,933
  • Median Age: 40.76 yr
  • Median Commute Time: 30 mins
  • Educational Climate*: 4
  • Sales Tax: 6%
  • Population Density: 1,670/sq mi
  • Population Change Since 2000: 29.84%
  • Closest Airport: Trenton Mercer
  • Closest College: Umdnj Robert Wood Johnson Medical School
  • Closest Jr. College: Middlesex County College
  • Median Household Income: $89,194
  • Annual Residential Turnover: 8%
  • Median Home Sales Price: $279,000
  • Closest Major Sports Team: Trenton Thunder (aa)
  • Change Avg. Household Income Since 2000: 33.84%
* Scale from 1-5  ** Index where 100 is the national average
Demographic Data for 08873 (Somerset, NJ)
Median Age: 40.76 Married: 43% Number of Households: 20,065 Households with Children: 5,857
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 08873 (Somerset, NJ)

      School Name Distance Type Grades School Rating Parent Rating
      Sampson G smith School 0.8 mi Public 5-6 0 0
      Cedar Hill Prep School 1.3 mi Private PRESCHOOL-8 0 0
      Franklin Township High School 1.4 mi Public 9-12 3 3
      Community Baptist Christian Academy 1.4 mi Private PRESCHOOL-2 0 0
      St Matthias Elementary School 1.6 mi Catholic PRESCHOOL-8 0 0
      Macafee Elementary School 1.8 mi Public PRESCHOOL-4 2 0
      Thomas Edison Energy Smart Charter School (teescs) 2.0 mi Public K-6 5 0
      Central Jersey College Prep Charter School 2.0 mi Public 6-12 5 3
      Conerly Road Elementary School 2.0 mi Public PRESCHOOL-4 3 0
      Somerset Presbyterian Nursery School & Kdgn 2.1 mi Private PRESCHOOL-K 0 0
      Somerset Presbyterian Nursery School 2.1 mi Private PRESCHOOL-K 0 0
      New Road School Of Somerset 2.3 mi Private 7-UNGRADE 0 0
      Somerset Bible Baptist Christian Academy 2.3 mi Private K-12 0 0
      Peace N Joy Academy Montessori School 2.5 mi Private PRESCHOOL-K 0 0
      Rutgers Preparatory School 2.5 mi Private PRESCHOOL-12 0 0
      Hillcrest Elementary School 2.7 mi Public PRESCHOOL-4 1 0
      Elizabeth Avenue Elementary School 2.8 mi Public PRESCHOOL-4 1 0
      Franklin Middle School 2.8 mi Public 7-8 3 3
      The Academy Of Elcc 2.9 mi Private PRESCHOOL-PRESCHOOL 0 0
      Pine Grove Manor Elementary School 3.3 mi Public PRESCHOOL-4 1 0
      Somerset Christian Academy 3.3 mi Private - 0 0
      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: Onboard Informatics © 2016. School Performance data by SchoolDigger.com. School Review data by Niche.com.
      Local Weather for 08873 (Somerset, NJ)
        Community information and market data Powered by Onboard Informatics. Copyright ©2016 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.