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Lawrenceville CDP, NJ

ZIP 08648 — Housing & Real Estate

Source: U.S. Census Bureau ACS 2019–2023 5-Year Estimates. Page data updated 2026-08-02.

Upper Middle ClassLow Snow AreaRemote Work Hub

Home values, rent, tenure, and housing stock

Housing & Real Estate in ZIP Code 08648

Median Home Value
$395,400
Median Rent
$1,792
Affordability Snapshot
$109,000
Est. income to buy

Household income needed for a median home under a 20% down / 6.8% illustrative mortgage model (~$2,540/mo PITI).

18%
Rent-to-Income Ratio

Below the 30% threshold — generally affordable for median earners.

3.3x
Home Price-to-Income Ratio

Within the typical 3-5x range for home affordability.

18.4 yrs
Price-to-Rent Ratio

Years to break even buying vs renting at median home value and rent.

To comfortably buy a median-priced home in ZIP 08648 in Lawrenceville CDP, NJ, a household would need roughly $109,000 in annual income under a 20% down, 30-year loan at 6.8% (illustrative), keeping housing costs near 28% of income. Estimated monthly PITI is about $2,540. That is roughly in line with the local median household income ($118,036). Rates, taxes, insurance, and HOA fees vary — treat this as a planning estimate, not a lender quote.

Housing Tenure

Owner-occupied majority; balanced tenure mix.

Heating Fuel
Housing Metrics
Owner Occupied
68.5%+5% vs US avg
x
Vacancy Rate
5.4%-47% vs US avg
x
Broadband Access
92.2%+6% vs US avg
x
4+ Bedrooms
6.2%-58% vs US avg
x
Built Pre-1939
2.8%-78% vs US avg
x
Built Post-2014
0.7%-90% vs US avg
x
Rent Burden >30%
19.9%-60% vs US avg
x
Mortgage-Free
31.7%-17% vs US avg
x
$395,400
Home Value
$1,792
Rent
1980
Year Built
2013
Moved In

Residents have lived here since ~2013 on average

Housing Structure

Census ACS structure types (single-family, multi-unit, etc.).

  • 1-unit detached49.1%
  • 1-unit attached18.4%
  • 2-9 units11.7%
  • 10+ units20.8%
  • Mobile home & other0.0%

Housing & Real Estate key statistics

Housing statistics
Housing
Median home value$395,400
Median rent$1,792
Owner-occupied68.5%
Vacant5.4%
Price-to-income3.3x
Est. income to buy$109,000