Cranbury, NJ Real Estate

According to census data in the year 2000 there were 741 housing units in Cranbury.

Of those housing units, 741 were located in either urbanized areas or urban clusters, and none were located in what is classified as a rural area.

Homeownership rate in Cranbury is about 81.6%. Cranbury's vacancy rate, including seasonal lodging, is about 3.8%. Average household size is 2.77 people.

The majority of houses, apartments or condos in Cranbury were built after 1961.


Housing Size

Housing Units by Size
Studio Type0.70%
One Bedroom8.80%
Two Bedrooms11.50%
Three Bedrooms30%
Four Bedrooms34.30%
Five Bedrooms or more14.80%
As % of Housing Units

Owned Homes, Apartments and Condos

Average Household Size3.05
Median year structure was built1963
Median Value of occupied units$316,700
Median Price asked for vacant units$162,500

Rented Homes, Apartments and Condos

Average Household Size1.5
Median year structure was built1939
Median Monthly Rent asked for vacant units$525

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage9%
Home Equity Loan9.20%
Simple Mortgage53.20%
Debt Free28.60%
As % of Housing Units
Median part of Monthly Household Income dedicated to covering home ownership costs17.9%