Why Live in Roosevelt
Roosevelt, New Jersey, is a small borough with a population of fewer than 950 residents, developed during the New Deal era in the 1930s. This quaint community is known for its historical roots and friendly atmosphere. The area features older homes, many built before 1938, with architectural styles reminiscent of a German village. These homes often come with large yards and tall trees, providing a sense of privacy. Roosevelt Public School, centrally located, boasts a high rating and a low student-teacher ratio, while students typically advance to Hightstown High School, which also receives high marks. The Roosevelt Woodland Trail offers scenic walking and biking paths, and the nearby Assunpink Wildlife Management Area provides ample opportunities for outdoor activities like hunting and fishing. For indoor recreation, the Roosevelt Recreation Department organizes open gym events at the local school. Residents often drive to East Windsor for shopping and dining, with options like Americana Kitchen & Bar and several Indian restaurants. Grocery needs are met by ShopRite and Aldi, and larger retail stores like Target are available in the East Windsor Village shopping center. Commuters can reach Princeton in 18 miles or New York City in 54 miles via Interstate 95, with Princeton Junction station 12 miles away offering Amtrak and NJ Transit services. Roosevelt is safer than the national average, making it an appealing choice for those seeking a serene and secure environment.
Frequently Asked Questions
What is the average home price in Roosevelt, NJ?
Homes for sale in Roosevelt, NJ have an average home price of $518,571.
Are home prices dropping in Roosevelt?
Yes, home prices in Roosevelt are down 4% in the last 12 months.
How many homes have sold over the last 12 months in Roosevelt, NJ?
13 homes have sold in Roosevelt, NJ over the last 12 months.
What are the most popular zip codes in Roosevelt, NJ?
How much do you need to make to afford a house in Roosevelt?
The median home price in Roosevelt is $412,500. If you put a 20% down payment of $82,500 and had a 30-year fixed mortgage with an interest rate of 6.72%, your estimated principal and interest payment would be $2,130 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $91K a year to afford the median home price in Roosevelt.
How are the schools in Roosevelt, NJ?
Home Trends in Roosevelt, NJ
On average, homes in Roosevelt, NJ sell after 40 days on the market compared to the national average of 50 days. The median sale price for homes in Roosevelt, NJ over the last 12 months is $400,000, down 20% from the median home sale price over the previous 12 months.
Median Sale Price
$400,000
Median Single Family Sale Price
$412,500
Average Price Per Sq Ft
$223
Number of Homes for Sale
1
Last 12 months Home Sales
13
Median List Price
$412,500
Median Change From 1st List Price
0%
Median Home Sale Price YoY Change
-20%