Here’s What Piscataway Real Estate Buyers Need to Know About the Town
Piscataway, New Jersey real estate is on your radar. Maybe you’re a techie or you love the idea of living near Rutgers University or New Brunswick. Whatever the appeal, you should learn more about Piscataway real estate before you invest here.
According to Scientific Reports from Nature.com, Piscataway Township rates high on the global scientific production ranking. While the data is from 2013, it’s still very much valid. Piscataway is home to many technology centers including Colgate-Palmolive and a handful of smaller tech institutes. So, if you plan to study or work in science or technology, this area is a natural option.
But, you probably already knew that. So, let’s examine some details about the town that you didn’t know. Learn about the current state of the housing market in Piscataway, neighborhood crime stats, and some local tips for making the most of your time in the city.
First, a Piscataway, NJ Housing Market Summary
Before you purchase a home, one of the first things you always want to look at is the current state of the local real estate market. Here’s what’s up with housing prices in Piscataway, New Jersey compared to the rest of the state and the US.
According to RealtyTrac, today, the median listing price for homes in Piscataway, New Jersey is $345,000. These numbers have increased by just 1% since 2018.
Compared to the national market average of $259,000 the cost of buying a home is about 33% higher in Piscataway. And, average listing prices are about the same as home prices in New Jersey state as a whole.
How Much is Real Estate Tax?
Next, you need to look at property taxes so you know what you can expect to pay in addition to your mortgage. According to the State of New Jersey Division of Taxation, Piscataway residents paid 2.205% for property taxes last year. Cities in all of Middlesex County pay between 1.734% and 3.422%.
Next, See Crime Statistics for Piscataway, NJ 08854
The low violent crime rate in Piscataway is a major perk of living and doing business in the town. And, according to Neighborhood Scout, Piscataway is safer than 68% of US cities.
Furthermore, this data shows that the annual rate of violent crimes is only 0.95 per 1,000 residents. You have a 1 in 1,056 chance of falling victim to violence in Piscataway.
Compared to crime in all of New Jersey state, Piscataway is 45% safer. 1 in 481 people in New Jersey falls victim to violent crime on average.
The safest area to live in Piscataway is Possumtown/Fieldville, located between Southbound Brook and Town Center.
.The top 5 safest Piscataway neighborhoods to visit are:
- Possumtown/Fieldville
- Town Center
- Prospective Avenue/Edwards Avenue
- Deborah Drive/Park Avenue
- Society Hill
Make time to visit the above neighborhoods before you decide to put an offer on real estate anywhere else.
Local Tips for Experiencing Piscataway, NJ
When you want to really get to know a town, you have to ask the locals. Here’s what Piscatawaens have to say about living in their community.
Plan to Drive a Car if You Need to Commute
If you plan to commute to work, do not expect that you’ll be able to rely on public transportation. There are a couple of busses in Piscataway, and they’re not likely to get you where you need to be on-time. This is especially important if you’re coming from NCY or Chicago and you have been accustomed to a bus route.
In Piscataway, you may be able to get along with a bicycle if your school or office is near your home, but locals recommend you drive a car. Some people say it’s impossible to get around without one.
The Most Beautiful Time of Year is Fall
In Autumn, Piscataway’s foliage is absolutely beautiful. So, make sure to stick around long enough to see it. If you’re a snow bunny, plan your leave to the warmer parts of the country after October. And, if you just want to visit the Township to find out if you like the area, plan a trip between September and November.
Conclusion
To truly understand what makes Piscataway so wonderful, you’ll have to see it for yourself. So, let our team show you around town. Call NJ Central Real Estate today to discuss your move or investment opportunities with a licensed agent.