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Data on this report is based on areas within the legal city boundary, outlined in black on the map. Any additional neighborhoods shown on the map are associated with the city by name and are included for reference only.



Guttenberg, NJ Real Estate Market

Source & Methodology

Analytics built by:   Location, Inc.

Raw data sources:   American Community Survey (U.S. Census Bureau), U.S. Department of Housing and Urban Development, Federal Housing Finance Agency.

Date(s) & Update Frequency:
  • Home Values, Rents: Reflects Q2 2024. Updated quarterly.
  • Setting, Housing Stock, Homeownership: 2022 (latest available). Updated annually.

Methodology:   NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more about Scout's Real Estate Data

Guttenberg, NJ Housing Market Trends

With a population of 11,446, 4,973 total housing units (homes and apartments), and a median house value of $464,613, Guttenberg real estate prices are well above average cost compared to national prices.

Large apartment complexes or high rise apartments are the single most common housing type in Guttenberg, accounting for 60.34% of the town's housing units. Other types of housing that are prevalent in Guttenberg include duplexes, homes converted to apartments or other small apartment buildings ( 31.68%), row houses and other attached homes ( 5.67%), and a few single-family detached homes ( 2.32%). Towns that are predominantly high-density buildings are relatively uncommon in the US. Because of the density, these types of towns are often walkable and compact, and often have a lively downtown.

People in Guttenberg primarily live in small (one, two or no bedroom) units, chiefly found in large apartment complexes or high rise apartments. Guttenberg has a mixture of owner-occupied and renter-occupied housing.

There is a lot of housing in Guttenberg built from 1970 to 1999 so parts of town may have that "Brady Bunch" look of homes popular in the '70s and early '80s, although some of these houses were built up through the early '90s as well. There is also a lot of housing in Guttenberg built between 2000 and later ( 22.69%). A lesser amount of the housing stock also hails from between 1940-1969 ( 20.77%). There's also some housing in Guttenberg built before 1939 ( 9.49%).

Guttenberg Home Appreciation Rates

Guttenberg's appreciation rate notably has been below the national average for the last ten years. The average annual home appreciation rate in Guttenberg during the period has been just 5.19%, which is lower than 80% of US communities.

Appreciation rates are so strong in Guttenberg that despite a nationwide downturn in the housing market, Guttenberg real estate has continued to appreciate in value faster than most communities. Looking at just the latest twelve months, Guttenberg appreciation rates continue to be some of the highest in America, at 9.07%, which is higher than appreciation rates in 81.34% of the cities and towns in the nation. Based on the last twelve months, short-term real estate investors have found good fortune in Guttenberg. Guttenberg appreciation rates in the latest quarter were at 2.82%, which equates to an annual appreciation rate of 11.77%.

Relative to New Jersey, our data show that Guttenberg's latest annual appreciation rate is lower than 70% of the other cities and towns in New Jersey.

Average Home Values

Median Home Value

$464,613

Guttenberg, NJ Home Prices
> $1,186,000
$890,001 - $1,186,000
$593,001 - $890,000
$474,001 - $593,000
$355,001 - $474,000
$238,001 - $355,000
$119,001 - $238,000
$59,001 - $119,000
$0 - $59,000
3.1%
3.1%
3.1%
3.1%
11.9%
11.9%
24.0%
24.0%
27.0%
27.0%
23.0%
23.0%
3.1%
3.1%
4.6%
4.6%
0.3%
0.3%
0% 100.0%
% of Homes
Low

for New jersey

High

for nation

Number of Homes And Apartments:

4,973

Guttenberg Appreciation Rates

Rent & Ownership

Average Market Rent:

$3,417 / per month

Homeownership Rate

Owners
Renters
41.1%
41.1%
58.9%
58.9%
0% 100.0%
% of Homes

Vacancy Rate

Vacant
Occupied
6.3%
6.3%
93.7%
93.7%
0% 100.0%
% of Homes

Housing Market Details

Age of Homes

2000 or Newer
1970 - 1999
1940 - 1969
1939 or Older
22.7%
22.7%
47.0%
47.0%
20.8%
20.8%
9.5%
9.5%
0% 100.0%
% of Homes

Types of Homes

Single-Family
Townhomes
Small Apt. Buildings
Apt. Complexes
Mobile Homes
Other
2.3%
2.3%
5.7%
5.7%
31.7%
31.7%
60.3%
60.3%
0.0%
0.0%
0.0%
0.0%
0% 100.0%
% of Homes

Home Size

No Bedroom
1 Bedroom
2 Bedrooms
3 Bedrooms
4 Bedrooms
5 or more bedrooms
12.9%
12.9%
31.1%
31.1%
29.5%
29.5%
20.4%
20.4%
4.0%
4.0%
2.2%
2.2%
0% 100.0%
% of Homes