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.
Methodology: NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more about Scout's Real Estate Data
With a population of 11,446, 4,973 total housing units (homes and apartments), and a median house value of $452,235, 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 with mostly row houses, apartments, and other high density housing types are relatively uncommon, and characteristic of compact towns that frequently have a downtown or other neighborhoods where amenities are within walking distance and a lot of street life can be seen.
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'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 5.02%, which is lower than 80% of US communities.
NeighborhoodScout's data show that during the latest twelve months, Guttenberg's appreciation rate, at 9.47%, has been at or slightly above the national average. In the latest quarter, Guttenberg's appreciation rate has been 3.80%, which annualizes to a rate of 16.07%.
Relative to New Jersey, our data show that Guttenberg's latest annual appreciation rate is lower than 80% of the other cities and towns in New Jersey.
$452,235
for New jersey
for nation
4,973
$3,283 / per month