Housing & Real Estate — Somerville, New Jersey
Overview
| Total Housing Units | 5,726 |
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| Occupied | 5,604 |
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| Vacant | 122 |
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| Owner-Occupied | 2,496 |
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| Renter-Occupied | 3,108 |
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| Median Home Value (Census) | $435,700 |
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| Estimated 2026 | ~$521,000 |
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| Median Rent | $1,748/mo |
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| Median Property Tax | $10,001/yr |
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Affordability
| Home Price to Income Ratio | N/Ax |
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| Home Affordability | moderate |
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| Rent as % of Income | 20.2% |
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| Severely Rent-Burdened | 30.8% |
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Housing Age
| Built 2010 or later | 969 |
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| Built 2000-2009 | 88 |
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| Built 1990-1999 | 145 |
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| Built before 1960 | 3,053 |
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| Median Year Built | 1958 |
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Sources: Census ACS 5-Year 2023; Census ACS 5-Year 2023, B25077; HUD FMR FY2026.
