Housing & Real Estate — Pennington, New Jersey

Overview

Total Housing Units1,268
Occupied1,168
Vacant100
Owner-Occupied929
Renter-Occupied239
Median Home Value (Census)$672,900
Estimated 2026~$722,000
Median Rent$1,819/mo
Median Property Tax$10,001/yr

Affordability

Home Price to Income RatioN/Ax
Home Affordabilitymoderate
Rent as % of Income11.3%
Severely Rent-Burdened46.2%

Housing Age

Built 2010 or later51
Built 2000-200947
Built 1990-1999126
Built before 1960717
Median Year Built1958
Sources: Census ACS 5-Year 2023; Census ACS 5-Year 2023, B25077; HUD FMR FY2026.