Somerset County, New Jersey Real Estate Statistics

Home and Real Estate Statistics for Somerset County, New Jersey

Housing Units By Status

Total Housing Units

Somerset County has 123,127 total housing units. This is an increase of 11,104 units since the year 2000 when it had 112,023 total homes. It's an increase of 30,474 units since the year 1990 when it had 92,653 total homes. Somerset County saw an increase of 19,370 units between 1990 and 2000. Of the 123,127 total housing units, 95.64% are occupied housing units, and 4.36% are vacant units.

Total Occupied Housing Units

There are 117,759 occupied housing units. This is an increase of 8,775 units since the year 2000 when it had 108,984 occupied homes. It's an increase of 29,413 units since the year 1990 when it had 88,346 occupied units. There was an increase of 20,638 units between 1990 and 2000. Of the 117,759 occupied housing units, 58.59% are occupied with a loan or mortgage home units, 23.21% are renter occupied units, and 18.2% are occupied clear of any loan or mortgage housing units.

Renter Occupied Housing Units

Somerset County has 27,329 renter occupied housing units. This is an increase of 2,512 units since the year 2000 when it had 24,817 renter occupied housing units. It's an increase of 5,544 units since the year 1990 when it had 21,785 renter occupied homes. There was an increase of 3,032 units between 1990 and 2000.

Units Occupied with a Loan or Mortgage

Somerset County has 68,996 occupied with a loan or mortgage housing units.

Units Occupied Clear of Any Loan or Mortgage

Somerset County has 21,434 occupied clear of any loan or mortgage housing units.

Total Vacant Housing Units

Somerset County has 5,368 vacant housing units. This is an increase of 2,329 units since the year 2000 when it had 3,039 vacant housing units. It's an increase of 1,061 units since the year 1990 when it had 4,307 vacant homes. Somerset County saw a decrease of -1,268 units between 1990 and 2000. Of Somerset County's 5,368 vacant housing units, 33.7% are for rent homes, 2.59% are rented - but not occupied housing units, 19.34% are for sale home units, 5.5% are sold - but not occupied homes, 13.6% are for seasonal, recreational, or occasional use housing units, 0.7% are for migrant workers homes, and 26.29% are listed as vacant other homes.

Vacant Units Listed For Rent

There are 1,775 for rent housing units. This is an increase of 978 units since the year 2000 when it had 797 for rent homes. It's an increase of 483 units since the year 1990 when it had 1,292 for rent housing units. There was a decrease of -495 units between 1990 and 2000.

Rented, but Not Occupied Vacant Units

There are 139 rented - but not occupied housing units. This is a decrease of -351 units since the year 2000 when it had 490 rented - but not occupied units.

Vacant Units Listed For Sale

There are 1,038 for sale housing units. This is an increase of 469 units since the year 2000 when it had 569 for sale units. It's a decrease of -525 units since the year 1990 when it had 1,563 for sale housing units. Somerset County saw a decrease of -994 units between 1990 and 2000.

Sold, but Not Occupied Vacant Units

Somerset County has 271 sold - but not occupied housing units.

Vacant Units For Seasonal, Recreational, or Occasional Use

There are 730 for seasonal, recreational, or occasional use housing units. This is an increase of 274 units since the year 2000 when it had 456 for seasonal, recreational, or occasional use home units. It's an increase of 568 units since the year 1990 when it had 162 for seasonal, recreational, or occasional use home units. There was an increase of 294 units between 1990 and 2000.

Vacant Units for Migrant Workers

There are 4 for migrant workers housing units. This is a decrease of -5 units since the year 2000 when it had 9 for migrant workers housing units. It's a decrease of -1 units since the year 1990 when it had 5 for migrant workers home units. Somerset County saw an increase of 4 units between 1990 and 2000.

Vacant Units Listed as an Other Status

There are 1,411 listed as vacant other housing units. This is an increase of 693 units since the year 2000 when it had 718 listed as vacant other housing units. It's an increase of 886 units since the year 1990 when it had 525 listed as vacant other homes. There was an increase of 193 units between 1990 and 2000.