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Princeton New Jersey Real Estate By Jennifer Hershey

Princeton New Jersey Real Estate

Princeton, New Jersey, is located in Mercer County, 9 miles N of Trenton, New Jersey and 35 miles NE of Philadelphia, Pennsylvania. Princeton has a population of 14,203.

Princeton Homes

Princeton properties pool is 3,326 residential properties including Princeton new homes. Median age of real estate in Princeton is 1939. Average Household size is 2.92 people. 3% are one bedroom homes, 15% are 2 bedroom homes, 40% are 3 bedroom homes, 24% are 4 bedroom homes, and 18% are 5+ bedroom homes.

Princeton Mortgage Statistics

Princeton mortgages vs. USA median statistics

Homes Princeton USA
Homes With No Mortgage 40%
30%
Homes With Mortgage 60%
70%
First Mortgage Only 51%
54%
First & Second Mortgage or HELOC 9%
16%

Princeton Area Real Estate Tax

Princeton Real estate Tax: Median Real Estate Taxes (2000) were $6,470 comparing to 1999 Median Family income $ 102,957. Compare to USA median yearly Real Estate Tax $1,300 and USA median Family Income $42,000 (1999).

Princeton School District: Children make up 10.1% of Princeton population. Princeton has 1,429 under 18 years old residents, or 0.25 kids per one worker, or 0.43 kids per one household.

Princeton Real Estate & Princeton Homeownership

There are 1330.4 or 40% one person households, 1064.32 or 32% two person households, and 332.6 or 10% three person households in Princeton, New Jersey. Median residents age is 24.7, Senior citizens (65+) make up 1,321 or 9.3%% of Princeton population.

There are 5,722 workers (over 16 years of age) in Princeton. Of these, 50.56% drive to work. Approximately 4.86% of workers in Princeton take public transportation. An estimated 35.6% walk to work.

Median Princeton homeowner's housing expences are 21.9%

Crime in Princeton (2003), crimes per 10,000 residents per year

Type of Crime Princeton USA, 2003
Violent Crimes
NaN
47.5
Robberies
NaN
14.2
Aggravated Assaults
NaN
29.5
Property Crimes
NaN
358.8
Burglaries
NaN
74.0
Larceny-Thefts
NaN
241.5
Motor Vehicle Thefts
NaN
43.3

Invest in Princeton Properties

When making a decision about buying real estate in Princeton New Jersey area, you should consider following statistical data:

Category Princeton USA
Near Medium City
Trenton, New Jersey
-
Near Large City
Philadelphia, Pennsylvania
-
Princeton Zip Codes
08540, 08542
-
Princeton Area Codes
609
-
White population
80.26%
75.1%
African-American population
6.39%
12.3%
Asian
7.46%
3.6%
American Indian & Alaskan
0.28%
0.9%
Hispanic (of any race)
7.1%
12.5%
Median Family Income (1999)
$ 102,957%
$42,000
Population Below Poverty Level
4.62%
12.4%

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