Real Estate Market Update for Piscataway, NJ
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Welcome to June's Market Update,. Let’s take a look at residential real-estate activity in your area during the month of June. The number of active listings was up 5% from one year earlier, and up 9% from the previous month. This continued upward trend reflected a healthy inventory for buyers to choose from. As you can see, the median listing price for the month was just under 330-thousand dollars. Compared to last year, the average number of days units spent on the market before being sold was up 37%. This higher number of days may signal a slowdown in the local inventory-turnover rate. The median sale price was just under 320-thousand dollars. The number of units sold decreased 38% year-over-year, and decreased 41% 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 Piscataway, NJ
Area Information for Piscataway, NJ
  • Population: 57,151
  • Median Age: 32.74 yr
  • Median Commute Time: 21.84 mins
  • Educational Climate*: 4
  • Sales Tax: 6.909%
  • Population Density: 3,034/sq mi
  • Population Change Since 2000: 13.21%
  • Closest Airport: Newark Liberty International
  • Closest College: Rutgers-st Univ Of Nj-cllg Of Pharmacy
  • Closest Jr. College: Middlesex County College
  • Median Household Income: $90,960
  • Annual Residential Turnover: 13.3%
  • Median Years in Residence: 3.9 yr
  • Median Home Sales Price: $245,000
  • Closest Major Sports Team: New Jersey Devils
  • Change Avg. Household Income Since 2000: 33%
* Scale from 1-5  ** Index where 100 is the national average
Demographic Data for Piscataway, NJ
Median Age: 32.74 Married: 31% Number of Households: 17,361 Households with Children: 6,871
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 Piscataway, NJ

      School Name Distance Type Grades GreatSchools Rating Parent Rating
      Middlesex County Vocational School Piscataway School Of Career Develop 0.2 mi Public 9-12 0 0
      Rutgers Livingston Day Care Ctr Inc 0.3 mi Private PRESCHOOL-K 0 0
      The First Class 0.4 mi Private PRESCHOOL-K 0 0
      Yeshiva Shaarei Tzion Boys 0.6 mi Private K-8 0 0
      An-noor Academy 0.8 mi Private PRESCHOOL-12 0 3
      Middlesex County Academy 0.9 mi Public 7-12 0 0
      Raritan Valley Academy 0.9 mi Public 2-12 0 0
      N.j. Regional Day School At Piscataway 0.9 mi Public 9-12 0 0
      Bright Beginnings Learning Center 0.9 mi Public 3-12 0 5
      Randolphville Elementary School 1.8 mi Public K-3 3-5 5
      Lake Nelson Sda School 1.8 mi Private PRESCHOOL-9 0 4
      Cclc At Piscataway 2.1 mi Private PRESCHOOL-K 0 0
      Kinder College 2.5 mi Private PRESCHOOL-PRESCHOOL 0 0
      The Goddard School Of Piscataway 2.5 mi Private PRESCHOOL-K 0 0
      Conackamack Middle School 2.5 mi Public 6-8 3-5 4
      Martin Luther King Elementary School 2.7 mi Public 4-5 3-5 4
      Piscataway Township High School 2.8 mi Public 9-12 2-5 3
      Dwight D. Eisenhower Elementary School 3.0 mi Public K-3 4 3
      Yeshiva Shaarei Tzion Girls School 3.0 mi Private PRESCHOOL-8 0 4
      Knollwood Elementary School 3.2 mi Public K-3 3 4
      Theodore Schor Middle School 3.4 mi Public 6-8 2-5 3
      St. Frances Cabrini School 3.6 mi Catholic PRESCHOOL-8 0 5
      Quibbletown Middle School 3.7 mi Public 6-8 2-5 4
      Grandview Elementary School 3.8 mi Public K-3 2-5 3
      Start Rite Kindergarten School 3.9 mi Private PRESCHOOL-K 0 0
      Arbor Elementary School 4.9 mi Public 4-5 3 3
      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 Piscataway, 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.