ZIP 08502 Property Distress & Foreclosure Data

Somerset County, New Jersey's ZIP 08502 registers 24/100 composite distress, which DLRadar reads as low. The most distinctive pressure shows up in structural risk (55/100), construction/permit lag (33/100), institutional ownership (21/100). On the quiet end sit institutional ownership (21/100) and mortgage stress (8/100). The latent-versus-live split is 55/100 structural and 2/100 already moving. Environmental exposure also runs high (flood (NFIP) exposure (96/100), climate & FEMA risk (93/100)).

The expansion-phase market in 08502 posted values that rose 6.0% over the year, and 19% higher over three years (phase confidence 43/100). Rising prices can mask pockets of distress, where per-parcel scoring earns its keep.

The typical home is worth about $816,700 (3.4× income, relatively affordable). Around 77% of adults hold a bachelor's degree or higher. At $223,444, median income runs above typical U.S. levels. Around 19% of renters are cost-burdened. The demographic-stress sub-score lands at 19/100. Population is roughly 12,081 with a median age of 42. The poverty rate is 2.3% — low. 82% of housing is owner-occupied. The vacancy rate is 0.0%. The ZIP holds roughly 3,983 housing units.

Broadly, 08502 is a steadier market — the deals are the exceptions, not the rule. Every signal above traces to a verifiable public dataset, refreshed continuously and scored the same way in every ZIP nationwide.