1031 Exchange South Brunswick, New Jersey

New Jersey Opportunity Zones

Surrounding submarket Area

South Brunswick, New Jersey is a part of the Southwest Middlesex Submarket submarket area.

South Brunswick Demographics & Economic Trends

The 2019 average effective rent for Class A, B, and C apartments in the South Brunswick, NJ submarket area was $1,570, which is 22.56% higher than 2014 average rent. This represents a compounded annual growth rate of 4.15%. 2019 vacancy in South Brunswick, NJ was 2.90%.

The total population of the city of South Brunswick, NJ has grown 5.82% since 2010. As of 2018, the population was 45,942. The median household income of the South Brunswick was $117,274, which is 94.51% higher than the national average.

  • submarket area Southwest Middlesex Submarket
  • avg rent $1,570
  • rent growth 22.56%
  • vacancy 2.90%
  • median income $117,274
  • population (2018) 45,942
  • population growth 5.82%
  • vs. nat'l avg 94.51%

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