NJ area data
Raritan, NJ
Raritan, NJ.
Population: 8,368 (Census ACS)
Home values & appreciation
- Median home value
- $555,712
- 1-year appreciation
- +2.4%
- 3-year appreciation
- +14.6%
- 5-year appreciation
- +28.8%
- 10-year appreciation
- +62.4%
- All-time peak (2026-07)
- $555,712
- House Price Index
- 430.8 (+5.2% YoY)
Market activity
- Median sale price
- $642,500
- Median list price
- $575,000
- Median days on market
- 47 days
- Sale-to-list ratio
- 106.7%
- Active listings
- 6
- 1-year forecast
- +2.1%
Rents
- Typical rent
- $2,500/mo
- 1-year rent change
- +5.0%
- 1BR fair-market rent
- $1,731/mo
- 3BR fair-market rent
- $2,729/mo
Affordability
- Cost of living index (High)
- 112.5 (100 = US avg)
- Electricity rate (state-level)
- 22.6¢/kWh
- Natural gas rate (state-level)
- $14.20/MCF
- 30-year mortgage rate (national)
- 6.66%
- 15-year mortgage rate (national)
- 6.00%
Schools
- Total schools
- 1
- Elementary schools
- 1
- Middle schools
- 0
- High schools
- 0
Natural hazards & flood risk
- Overall hazard risk
- Relatively Moderate
- Top hazards
- iceStorm, inlandFlooding, lightning, strongWind, winterWeather
- FEMA flood zone
- AE
- Flood risk level
- High
Climate (30-year normals)
- Annual precipitation
- 49.6 in
Walkability & transit
- Walkability index
- 16.5 / 20
- Transit service frequency
- 439
Amenities
- National parks within ~60 mi
- 26
- Nearest national park
- Morristown National Historical Park (15 mi)
- Nearest airport
- Somerset Airport (4 mi)
- Nearest major airport
- Morristown Municipal Airport (MMU) (20 mi)
- Hospitals nearby (~15 mi)
- 12
- Avg hospital rating
- 3.3 / 5
- Solar radiation rating
- Fair (4.0 kWh/m²/day)
Migration
- Net migration
- -622 tax filers
Housing stock
- Median year housing built
- 1,969
- Median annual property tax
- $9,024
- Mean commute to work
- 19 min
- Households with broadband internet
- 84.7%
Employment & development
- Total county employment
- 175,080
- Average weekly wage
- $2,009
- Top industries (by employment)
- Professional Services, Health Care, Administrative Services
- Annual residential building permits (county)
- 248
Area data compiled from public government, academic, and industry research feeds. Data sources →
Data last updated
Most recent source refresh: Aug 2026. See all data sources →