Housing data for Cranbury Township, NJ

Cranbury Township, NJ has an estimated 4,012 residents and 1,327 homes (US Census Bureau, 2020–2024 American Community Survey).

It is a township in Middlesex County.

14.5% of households rent.

The median gross rent is $1,603 a month.

Its population grew measurably since 2015–2019 (+9.9%).

Figures last updated on .

Residents
4,012 (±27)
Housing units
1,327 (±92)
Households that rent
14.5%
Median gross rent
$1,603
Residents since 2015–2019
+9.9%

What stands out in Cranbury Township

Median home value: $889,400 (±$40,030) in Cranbury Township, higher than in Middlesex County ($462,900).

Median household income: $216,691 (±$38,482) in Cranbury Township, higher than in Middlesex County ($111,549).

Working from home: 35.8% (±8.9 points) in Cranbury Township, higher than in Middlesex County (18.1%).

Households that rent: 14.5% (±5.2 points) in Cranbury Township, lower than in Middlesex County (36.4%).

Housing in Cranbury Township at a glance

  • Median rent: $1,603 median gross rent a month
  • Rent by bedrooms (Small sample: wide margin of error)
  • Rent burden: 57.3% of renters pay 30% or more of income (Small sample: wide margin of error)
  • Renters and owners: 14.5% of households rent
  • Income and affordability: $216,691 median household income
  • Home values: $889,400 median home value
  • Homeowner costs: $4,000 or more median monthly cost with a mortgage
  • Property taxes: $10,000 or more median real estate taxes a year
  • Types of homes: 8.6% of homes are in buildings of 5 or more units
  • Bedrooms: 82.8% of homes have 3 or more bedrooms
  • Age of homes: 33.5% of homes were built before 1980
  • Vacancy rate: 0.0% rental vacancy rate (Small sample: wide margin of error)
  • Heating fuel: 82.6% heat with utility gas
  • Commute and cars: 32.9 minutes average trip to work
  • Crime reported to police: 47 violent crimes per 100,000 residents
  • Growth: +9.9% residents since 2015–2019
  • How long people stay: 19.7% moved in since 2020
  • Crowding and facilities: 2.7% of homes have more than 1 person per room (Small sample: wide margin of error)

Cranbury Township against Middlesex County, its state and the nation

Estimate (90% margin of error)
Cranbury TownshipMiddlesex CountyNew JerseyUnited States
Residents4,012 (±27)871,290 (exact)9,343,809 (exact)334,922,499
Housing units1,327 (±92)317,979 (±208)3,791,354 (±469)143,775,355
Households that rent14.5% (±5.2 points)36.4% (±0.6 points)36.2% (±0.2 points)34.8%
Median gross rent$1,603 (±$152)$1,871 (±$20)$1,720 (±$7)$1,413
Median household income$216,691 (±$38,482)$111,549 (±$1,881)$103,556 (±$513)$80,734
Median home value$889,400 (±$40,030)$462,900 (±$2,710)$454,400 (±$1,150)$332,700
Median real estate taxes (a year)$10,000 or more$9,712 (±$68)$9,590 (±$25)$3,119
Built before 198033.5% (±9.1 points)57.4% (±1.0 points)62.8% (±0.3 points)49.7%
Average commute32.9 minutes (±3.7)31.2 minutes (±0.4)30.5 minutes (±0.1)26.4 minutes
Households with broadband96.9% (±2.4 points)94.3% (±0.4 points)92.8% (±0.1 points)91.0%
Median age of residents49.0 years (±6.2)39.5 years (±0.3)40.1 years (±0.1)38.9 years

Cranbury Township covers 13.3 square miles of land, about 302 residents per square mile (Census Bureau Gazetteer).

How Cranbury Township has changed since 2015–2019

2015–2019 and 2020–2024 American Community Survey 5-year estimates
2015–20192020–2024Amount of changeVerdict
Residents3,649 (±162)4,012 (±27)+9.9%Measurable increase
Housing units1,389 (±67)1,327 (±92)−4.5%Not a measurable change
Median gross rent$1,661 (±$262)$1,603 (±$152)−3.5%Down after inflation
Median home value$738,200 (±$60,955)$889,400 (±$40,030)+20.5%No measurable change after inflation
Median household income$168,194 (±$33,326)$216,691 (±$38,482)+28.8%No measurable change after inflation
Households that rent13.9% (±5.5 points)14.5% (±5.2 points)+0.6 percentage pointsNot a measurable change
Rental vacancy rate0.0% (±17.6 points)0.0% (±20.9 points)0.0 percentage pointsNot a measurable change

The Census Bureau publishes 2015–2019 dollars in 2019 dollars and 2020–2024 dollars in 2024 dollars.

Prices (the CPI-U, US Bureau of Labor Statistics) rose 22.7% between 2019 and 2024, so a dollar figure’s verdict compares the two after raising the earlier one by that much, using the Census Bureau’s test for a difference.

The two periods do not overlap, as the Census Bureau recommends for 5-year estimates.

Crime reported to police in Cranbury Township

In 2025, the Cranbury Township Police Department reported 47 violent and 614 property crimes per 100,000 residents to the FBI.

ZIP codes in Cranbury Township

ZIP Code Tabulation Areas that cover this place (2020–2024 estimates)
ZIP codeShare of the ZIP’s land in this placeResidentsMedian gross rentMedian home valueMedian household income
0851258%12,928$1,594$659,400$118,587

A ZIP code is a mail route rather than a boundary, so the Census Bureau publishes figures for ZIP Code Tabulation Areas built from census blocks; the share column says how much of each one’s land lies in this place.

Places near Cranbury Township

Nearest places with Census figures, by straight-line distance
PlaceDistanceMedian gross rentMedian home valueHouseholds that rent
Princeton Meadows2.8 mi$2,010$665,70062.4%
Clearbrook2.9 mi$1,739$282,0008.8%
Stonebridge3.0 mi—$646,8001.9%
Rossmoor3.0 mi$1,661$194,30011.4%
Hightstown Borough3.1 mi$1,606$342,60027.6%
The Ponds3.6 mi$1,791$373,80032.6%
Plainsboro Township3.6 mi$2,037$683,10052.3%
Forsgate3.7 mi—$692,8001.5%

Places in New Jersey most like Cranbury Township

PlaceMedian gross rentMedian home valueMedian household incomeHouseholds that rent
Far Hills Borough$1,554$792,100$143,25012.9%
Warren Township$2,170$930,800$204,06311.8%
Raritan Township$1,615$564,300$165,17410.0%
Upper Freehold Township$1,314$710,400$183,7503.0%
East Freehold$2,069$645,900$189,2197.3%
Norwood Borough$2,094$709,100$178,31120.8%

Matched on rent, home value, income, the share who rent, the age of the homes, the share in apartment buildings and the commute, each measured against the spread across New Jersey.

HUD Fair Market Rent for Cranbury Township, fiscal year 2027

Middlesex-Somerset-Hunterdon, NJ HUD Metro FMR Area, dollars a month
Studio1 bedroom2 bedrooms3 bedrooms4 bedrooms
$1,953$2,103$2,623$3,125$3,508

HUD income limits for Cranbury Township, fiscal year 2026

Middlesex-Somerset-Hunterdon, NJ HUD Metro FMR Area, annual household income
Household sizeExtremely low (30%)Very low (50%)Low (80%)
1 person$32,550$54,200$80,200
2 people$37,200$61,950$91,700
3 people$41,850$69,700$103,150
4 people$46,450$77,400$114,600
5 people$50,200$83,600$123,800
6 people$53,900$89,800$132,950
7 people$57,600$96,000$142,150
8 people$61,350$102,200$151,300

These are the limits HUD sets for its housing programs in the Middlesex-Somerset-Hunterdon, NJ HUD Metro FMR Area, where HUD’s median family income for fiscal year 2026 is $154,800.

A program can use its own limits; tax-credit and local programs often do.

The figures for Cranbury Township include the places inside it that have pages of their own: Cranbury.

Survey years: 2020–2024 (American Community Survey 5-year estimates), compared with 2015–2019.

Margins of error are at the 90% confidence level.

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Questions about Cranbury Township

What is the average rent in Cranbury Township, NJ?

The Census Bureau publishes the median rather than the average: the median gross rent in Cranbury Township is $1,603 (±$152) a month (2020–2024 American Community Survey), so half of renting households pay less and half pay more.

How many renters are there in Cranbury Township?

Cranbury Township has an estimated 190 (±69) renting households, 14.5% of its occupied homes (2020–2024 American Community Survey).

What is the median household income in Cranbury Township?

The median household income in Cranbury Township is $216,691 (±$38,482) a year (2020–2024 American Community Survey).

What is the average home value in Cranbury Township, NJ?

The Census Bureau publishes the median: $889,400 (±$40,030) for owner-occupied homes in Cranbury Township (2020–2024 American Community Survey).

What is the average mortgage payment in Cranbury Township?

The Census Bureau publishes total owner costs rather than the mortgage alone: the median for owners with a mortgage in Cranbury Township, NJ is $4,000 or more a month, including taxes, insurance and utilities.

How much are property taxes in Cranbury Township?

The median real estate tax paid by homeowners in Cranbury Township, NJ is $10,000 or more a year (2020–2024 American Community Survey).

Is Cranbury Township growing?

In Cranbury Township, the number of residents went from 3,649 in 2015–2019 to 4,012 in 2020–2024 (+9.9%), a measurable increase.

What ZIP codes are in Cranbury Township?

The ZIP code that covers Cranbury Township is 08512.

What is the median rent in ZIP code 08512?

The median gross rent in ZIP Code Tabulation Area 08512 is $1,594 (±$99) a month (2020–2024 American Community Survey).

Sources

To check these figures in the Census Bureau’s own API, request the variables below from the 2024 ACS 5-year data profile (acs/acs5/profile) for Cranbury township, Middlesex County, New Jersey (county subdivision:15550, in state:34 county:023).

Each estimate (E or PE) has a margin of error beside it (M or PM).

The 2015–2019 figures are B01003_001E, B01003_001M, B25064_001E, B25064_001M from the 2019 release.

The API needs a free key.

Request a Census API key.

DP05_0001E, DP05_0001M, DP04_0001E, DP04_0001M, DP04_0047PE, DP04_0047PM, DP04_0134E, DP04_0134M, DP03_0062E, DP03_0062M, DP04_0089E, DP04_0089M

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.

Figures are published by the US Census Bureau, HUD, the Bureau of Labor Statistics and the FBI; Seayora reproduces them and does not adjust them, except where a sentence says it compares dollar figures after inflation. They describe the whole place, not any one building or street, and are not an appraisal, a rent determination, a tax bill, a safety rating or legal advice.

Figures last updated on .

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