USA.com / New Jersey / Mercer County / Lawrence Township, NJ / 08648 / Housing

08648 Zip Code Housing

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As of 2010-2014, median price of a house in 08648 Zip Code is $277,300, which is lower than the state average of $319,900 and is higher than the national average of $175,700. The 08648 Zip Code median house value has grown by 62.26% since 2000. The growth rate for the price of a house in 08648 Zip Code is lower than the state average rate of 87.30% and is higher than the national average rate of 46.91%. The median year that a house in 08648 Zip Code was built is 1982, which is newer than the median year for a house built in the state which is 1966 and is newer than the median year for a house built in the USA which is 1976.

Topics:House Value Housing Occupancy Year Structure Built Mortgage Status Mortgage Owner's Costs None-Mortgage Owner's Costs Units in Structure Rooms Bedrooms House Heating Fuel Gross Rent Vehicle Available

House Value

Median Value of a Total of 8,371 Owner Occupied Houses in 08648 Zip Code, see rank

08648 Zip Code	277,300 USD
New Jersey	319,900 USD
U.S.	175,700 USD

Median House Price Growth Since 2000, see rank

08648 Zip Code	62.26%
New Jersey	87.30%
U.S.	46.91%

Ranks: $50K or Less, $50-100K, $100-150K, $150-200K, $200-300K, $300-500K, $500-1M, $1M or More

*Based on 2010-2014 data. View historical house value data.

Housing Occupancy

	08648 Zip Code	New Jersey	U.S.
Total Housing Units	12,579, see rank, 100%	3,572,138	132,741,033
Occupied Housing Units	12,065, 95.91%, see rank	89.26%	87.55%
Owner Occupied	8,371, 66.55%, see rank	58.06%	56.34%
Renter Occupied	3,694, 29.37%, see rank	31.20%	31.21%
Vacant Housing Units	514, 4.09%, see rank	10.74%	12.45%
For Rent	109, 0.87%, see rank	2.18%	2.34%
For Sale Only	27, 0.21%, see rank	1.02%	1.20%
Rented or Sold, Not Occupied	134, 1.07%, see rank	0.70%	0.92%
For Seasonal, Recreational, or Occasional Use	126, 1.00%, see rank	3.72%	3.97%
For Migrant Workers	0, 0.00%, see rank	0.01%	0.03%
Other Vacant	118, 0.94%, see rank	3.11%	4.00%

*Based on 2010-2014 data. View historical housing occupancy data.

Year Structure Built

Median Built Year, #76

08648 Zip Code	New Jersey	U.S.
1982	1966	1976

Ranks: 1995 or earlier, 1960-1969, 1970-1979, 1980-1989, 1990-2000, 2000-2010

*Based on 2010-2014 data. View historical year structure built data.

Mortgage Status

	08648 Zip Code	%	New Jersey	U.S.
Owner-Occupied Units	8,371	100%	2,073,915	74,787,460
With a Mortgage	6,060	72.39%, see rank	69.83%	65.58%
Without a Mortgage	2,311	27.61%, see rank	30.17%	34.42%

*Based on 2010-2014 data. View historical mortgage status data.

Monthly Owner Costs for Housing Units with a Mortgage

Median Owner Costs, see rank

08648 Zip Code	2,237 USD
New Jersey	2,428 USD
U.S.	1,522 USD

Owner Costs Distribution

Monthly Owner Costs	08648 Zip Code	%	New Jersey	U.S.
$299 or Less	0	0.00%, see rank	0.04%	0.20%
$300 to $499	0	0.00%, see rank	0.35%	1.59%
$500 to $699	27	0.45%, see rank	0.83%	5.01%
$700 to $999	376	6.20%, see rank	2.80%	14.32%
$1,000 to $1,499	642	10.59%, see rank	11.13%	27.90%
$1,500 to $1,999	1,321	21.80%, see rank	17.94%	20.35%
$2,000 to $2,999	2,265	37.38%, see rank	36.29%	19.52%
$3,000 or More	1,429	23.58%, see rank	30.63%	11.12%

Owner Cost as a Percentage of the Total Income, Median Percentage, see rank

08648 Zip Code	26.10% of the Total Income
New Jersey	27.50% of the Total Income
U.S.	23.70% of the Total Income

Owner Cost as a Percentage of the Total Income, Distribution

	08648 Zip Code	%	New Jersey	U.S.
10% or Less	312	5.15%, see rank	3.98%	5.86%
10% to 20%	1,349	22.26%, see rank	23.73%	31.95%
20% to 30%	2,265	37.38%, see rank	28.42%	27.64%
30% to 40%	880	14.52%, see rank	16.62%	13.74%
40% or More	1,254	20.69%, see rank	26.85%	20.29%

*Based on 2010-2014 data. View historical monthly owner costs for housing units with a mortgage data.

Monthly Owner Costs for Housing Units without a Mortgage

Median Owner Costs, see rank

08648 Zip Code	915 USD
New Jersey	972 USD
U.S.	457 USD

Owner Costs Distribution

Monthly Owner Costs	08648 Zip Code	%	New Jersey	U.S.
$199 or Less	29	1.25%, see rank	1.19%	7.76%
$200 to $299	0	0.00%, see rank	1.66%	14.70%
$300 to $499	106	4.59%, see rank	6.42%	34.63%
$500 to $699	431	18.65%, see rank	13.17%	21.16%
$700 or More	1,745	75.51%, see rank	77.56%	21.75%

Owner Cost as a Percentage of the Total Income, Median Percentage, see rank

08648 Zip Code	14.30% of the Total Income
New Jersey	18.40% of the Total Income
U.S.	12.30% of the Total Income

Owner Cost as a Percentage of the Total Income, Distribution

	08648 Zip Code	%	New Jersey	U.S.
10% or Less	677	29.29%, see rank	21.71%	40.19%
10% to 20%	918	39.72%, see rank	32.37%	31.47%
20% to 30%	284	12.29%, see rank	16.94%	12.24%
30% to 40%	154	6.66%, see rank	9.46%	5.64%
40% or More	278	12.03%, see rank	18.56%	9.16%

*Based on 2010-2014 data. View historical monthly owner costs for housing units without a mortgage data.

Units in Structure

	08648 Zip Code	New Jersey	U.S.
Total Housing Units	12,579, 100%	3,572,138	132,741,033
1-unit, Detached	5,589, 44.43%, see rank	53.67%	61.65%
1-unit, Attached	2,580, 20.51%, see rank	9.26%	5.82%
2 Units	256, 2.04%, see rank	9.53%	3.75%
3 or 4 Units	427, 3.39%, see rank	6.43%	4.43%
5 to 9 Units	723, 5.75%, see rank	4.80%	4.78%
10 or More Units	2,996, 23.82%, see rank	15.34%	13.08%
Mobile Home, Boat, RV, Van, etc.	8, 0.06%, see rank	0.98%	6.49%

*Based on 2010-2014 data. View historical units in structure data.

Rooms

	08648 Zip Code	New Jersey	U.S.
Total Housing Units	12,579, 100%	3,572,138	132,741,033
1 Room	89, 0.71%, see rank	2.71%	1.95%
2 Rooms	201, 1.60%, see rank	2.15%	2.48%
3 Rooms	1,289, 10.25%, see rank	10.30%	9.13%
4 Rooms	2,315, 18.40%, see rank	15.19%	16.60%
5 Rooms	2,208, 17.55%, see rank	16.72%	20.41%
6 Rooms	2,045, 16.26%, see rank	16.15%	18.06%
7 Rooms	1,729, 13.75%, see rank	12.48%	12.27%
8 Rooms	1,231, 9.79%, see rank	10.49%	8.48%
9 Rooms or More	1,472, 11.70%, see rank	13.81%	10.60%
Median Rooms	5.60, see rank	5.70	5.50

*Based on 2010-2014 data. View historical rooms data.

Bedrooms

	08648 Zip Code	New Jersey	U.S.
Total Housing Units	12,579, 100%	3,572,138	132,741,033
No Bedroom	89, 0.71%, see rank	2.88%	2.17%
1 Bedroom	1,820, 14.47%, see rank	14.18%	11.16%
2 Bedrooms	3,924, 31.19%, see rank	25.93%	26.69%
3 Bedrooms	3,806, 30.26%, see rank	32.62%	39.70%
4 Bedrooms	2,507, 19.93%, see rank	18.83%	16.05%
5 or More Bedrooms	433, 3.44%, see rank	5.56%	4.22%

*Based on 2010-2014 data. View historical bedrooms data.

House Heating Fuel

	08648 Zip Code	New Jersey	U.S.
Total Housing Units	12,065, 100%	3,188,498	116,211,092
Utility Gas	9,200, 76.25%, see rank	74.16%	48.85%
Bottled, Tank, or LP Gas	162, 1.34%, see rank	1.94%	4.86%
Electricity	1,938, 16.06%, see rank	11.66%	36.68%
Fuel Oil, Kerosene, etc.	741, 6.14%, see rank	11.10%	5.86%
Coal or Coke	0, 0.00%, see rank	0.03%	0.12%
Wood	0, 0.00%, see rank	0.44%	2.12%
Solar Energy	9, 0.07%, see rank	0.03%	0.05%
Other Fuel	15, 0.12%, see rank	0.32%	0.47%
No Fuel Used	0, 0.00%, see rank	0.32%	1.00%

*Based on 2010-2014 data. View historical house heating fuel data.

Gross Rent

Monthly Rental	08648 Zip Code	New Jersey	U.S.
Occupied Units Paying Rent	3,627, 100%	1,077,463	39,201,928
$199 or Less	0, 0.00%, see rank	1.46%	1.50%
$200 to $299	48, 1.32%, see rank	3.04%	3.18%
$300 to $499	118, 3.25%, see rank	3.86%	7.37%
$500 to $699	107, 2.95%, see rank	4.64%	16.01%
$700 to $999	427, 11.77%, see rank	19.19%	29.17%
$1,000 to $1,499	1,342, 37.00%, see rank	40.89%	26.88%
$1,500 to $1,999	926, 25.53%, see rank	17.11%	9.79%
$2,000 or More	659, 18.17%, see rank	9.81%	6.10%
Median	$1,392, see rank	$1,188	$920

*Based on 2010-2014 data. View historical gross rent data.

Vehicle Available

	08648 Zip Code	New Jersey	U.S.
Occupied Housing Units	12,065, 100%	3,188,498	116,211,092
No Vehicles Available	612, 5.07%, see rank	11.70%	9.12%
1 Vehicles Available	4,080, 33.82%, see rank	34.71%	33.80%
2 Vehicles Available	5,215, 43.22%, see rank	36.16%	37.48%
3 or More Vehicles Available	2,158, 17.89%, see rank	17.43%	19.61%

*Based on 2010-2014 data. View historical vehicle available data.