Kingston: Housing & Real Estate
Kingston homes sell at a median $475,900 (estimated market value runs 19% higher at $564,462), with median rent $1,765 (1.2× below Somerset County median $2,033; about the same as New Jersey median $1,720). Homeownership rate: 65.8%. That's 1.2× below the Somerset County median ($552,100); about the same as the New Jersey median ($454,400). Market is warm. Vacancy rate 5.9%. A municipal building code is in effect.
- 4.3× annual income — home value vs. household income (vs New Jersey 4.5×).
- 22.5 years to break even renting at the median (vs New Jersey 21y).
- 4-BR rent is 1.8× a studio — rent gradient by unit size.
- Median rent 29% below HUD 2-BR FMR — local market vs federal subsidy benchmark.
Home Values & Rent
Median home value $475,900 — 1.1× the New Jersey median ($444,100). Median rent $1,765/month. homeownership rate 65.8% — near the U.S. share of ~65%.
| Affordability · Home Price To Income | 4.3× |
|---|---|
| Affordability · Home Affordability | moderate |
| Affordability · Rent Pct Income | 17.2% |
| Affordability · Rent Affordability | affordable |
| Affordability · Pct Severely Rent Burdened | 21.3% |
| Affordability · Poverty Rate | 2.4% |
| Affordability · Property Tax Pct Income | 8.5% |
| Fair Market Rent · Studio rent | $1,804 (vs New Jersey $1,676) |
| Fair Market Rent · One-bedroom rent | $1,978 (vs New Jersey $1,889) |
| Fair Market Rent · Two-bedroom rent | $2,486 (vs New Jersey $2,324) |
| Fair Market Rent · Three-bedroom rent | $2,981 (vs New Jersey $2,835) |
| Fair Market Rent · Four-bedroom rent | $3,296 (at New Jersey median) |
| Fair Market Rent · HUD FMR area | Middlesex-Somerset-Hunterdon, NJ HUD Metro FMR Area |
| Fair Market Rent · Fiscal year | FY2026 |
| Home Value Estimate | $564,462 |
| Median Home Value | $475,900 (vs New Jersey $444,100) |
| Median Rent | $1,765 (vs New Jersey $1,731) |
Sources: HUD FMR FY2026 · Census ACS 5-Year 2023, B25077 · Census ACS 5-Year 2023 · Refreshed 2026-04-12
Tenure & Occupancy
Owner-occupied vs renter-occupied housing units, plus vacancy rates.
| Housing Market · Market temperature | warm |
|---|---|
| Housing Market · Vacancy rate | 5.9% |
| Housing Market · Price Appreciation 2Yr | 25.2% |
Utilities
Electricity, water, and broadband infrastructure serving residents. Broadband percentages reflect the share of premises that can subscribe to service at the listed speed (FCC Form 477).
Systems (5)
| Broadband · % of premises with 25/3 Mbps broadband | 100.0% (at New Jersey median) |
|---|---|
| Broadband · % of premises with 100/20 Mbps broadband | 100.0% (at New Jersey median) |
| Broadband · % of premises with 250/25 Mbps broadband | 100.0% (at New Jersey median) |
| Broadband · % of premises with 1 Gbps / 100 Mbps broadband | 91.6% (vs New Jersey 87.5%) |
| Broadband · Broadband-capable premises | 759 |
| Electricity · Electricity rate (¢/kWh) | 19.34¢/kWh |
| Electricity · Customers | 3735638 |
| Electricity · Revenue Millions | $5,744 |
| Electricity · Year | 2024 |
| Mobile Broadband · 3G mobile coverage | 0.000000000 |
| Mobile Broadband · 4G mobile coverage | 1.000000000 (at New Jersey median) |
| Mobile Broadband · 5G mobile coverage | 1.000000000 (at New Jersey median) |
| Mobile Home Parks Detail · County total | 1 |
Sources: FCC BDC Jun 2025 · EIA Annual Retail Sales 2023 · FCC BDC Mobile 2024 · HIFLD / IRS BMF · Refreshed 2026-04-12
Charging & Mobility
| Ev Charging · Stations | 1 |
|---|---|
| Ev Charging · Public Stations | 1 |
| Ev Charging · L2 Ports | 3 |
Sources: DOE AFDC API
Other
| Homeownership Rate | 65.8% (vs New Jersey 59.5%) |
|---|---|
| Median Year Built | 1951 |
Sources: Census ACS 5-Year 2023 · Refreshed 2026-04-12