Downtown, Mercer County, NJ Housing Trends, Rent, Price-to-Rent

Market Summary

Downtown, Mercer County, NJ

Median Home Price Price

$220,527 $220.5K

Median Monthly Rent Rent

$1,428 $1.4K

GRM

13.0x

GRM = Median Home Price divided by annual rent.

Price = Median Home Price.

Rent = Median Monthly Rent.

Trend Insights

Median Rent in Downtown, NJ is $1,428, with MoM change +$16 and YoY change +$154 pointing to positive momentum while volatility is low (std $40).

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Metric

Base market Downtown, NJ

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Delta vs base

Median rent

$1,428

N/A

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Median price

$220,527

N/A

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YoY change

+$154

N/A

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Price-to-rent

12.9x

Data unavailable

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