Real Estate Investing in Ewing, New Jersey (08628)

Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.

Mercer County • Population: 9,479 • Data updated: September 2026

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Should you buy in 08628 (Ewing, NJ)? Our answer, based on the numbers below.

🏠 For Homebuyers
GOOD FIT
Grade B (71/100)

Solid choice — values are growing steadily and the market is stable enough to buy with confidence.

📈 For Investors
MIXED
3.0 / 5 (47/100)

A middle-of-the-road market. Workable, but the best opportunities may be nearby ZIPs rather than this one.

⚠️ Risks to Know
1 flag
  • Tenant-protective state: Landlord rating 1.0/5 — slower evictions, more regulations.

What’s happening in Ewing, NJ (08628)?

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3.0/ 5

Investability

Overall investment appeal

3.0/ 5

Appreciation

Long-term value growth

3.0/ 5

Cashflow ROI

Rental yield potential

Avg Home Value $438,991
Avg Monthly Rent $2,107
1% Rule ✗ Does Not Meet
Median Income $102,600
% Renters 35.4%

Market Analysis: 08628 Ewing

Investors eyeing 08628 need to respect the fundamentals at play. Home values of $439K come alongside slower price movement and elevated management overhead.

For an experienced owner, 08628 can be a a credible choice for hunting ground — but the discount at $439K reflects genuine risk that outside investors often underestimate.

Nearby ZIPs in Ewing have seen price recovery that 08628 has not matched. Mercer County data supports the view that the spread is structural rather than temporary.

From a cash-flow lens, 9,479 residents fill the ZIP, renter turnover runs higher than neighboring postal codes and delinquency risk is a real line item rather than a theoretical one.

Experienced landlords with local relationships tend to find 08628 workable. Turnkey investors from out of state usually find the numbers do not hold up in practice.

Explore the Data — Click a Tab Below
🏦 Current 30-yr Fixed Mortgage Rate: 6.76% as of Sep 10 Source: Freddie Mac PMMS

Here's what matters if you're considering buying a home in Ewing:

C+ Average
Buy Confidence Score: 69/100
Affordability
15/25
Appreciation
22/25
Stability
9/20
Timing
8/15
Rental backup
15/15
Affordability
Moderate
Homes cost 4.3× the median income
Value Trend
Stable (+2.4%)
How home values changed in the past year
Rental Backup
Strong
Could rent for $2,107/mo if you need to move
Market Conditions
BALANCED
Even conditions for buyers and sellers
Bottom Line: Mixed signals in this market. Research specific properties carefully and be prepared to negotiate.
⚖️
BALANCED MARKET
Trenton-Princeton, NJ Metro Area
Even conditions for buyers and sellers
41 days
Average time to sell
Average
7.9%
Listings with price cuts
Few Cuts
0.0%
Sale price vs asking
Below Ask
0.0%
Income needed for mortgage
Affordable
📅 Market conditions as of August 29, 2026 — updated weekly from Trenton-Princeton, NJ metro data
🏠

Property Strategy for 08628

Which property type performs best in this market?

Best for Cash Flow
2BR
4.6% cap rate
Best for Appreciation
2BR
+10.9% 5yr CAGR
Best Overall Value
5BR
$118,542/bedroom
📊 Compare All Property Types →
Type Median Value Est. Rent Cap Rate 5yr CAGR $/Bedroom
2BR $303,027 $1,950 4.6% +10.9% $151,513
3BR $428,654 $2,340 3.9% +9.9% $142,885
4BR $540,866 $2,670 3.6% +10.2% $135,216
5BR $592,712 +10.2% $118,542

Market Trends

Home Value History (with trend line)

$459K$405K$351K$297K$244K$190KJul 2006Jul 2016Jul 2026

Rent History (with trend line)

$2,147$2,112$2,076$2,041$2,006$1,970Apr 2026Jun 2026Jul 2026

📊 How Does 08628 Compare?

Metric 08628 Ewing Trenton-Princeton, NJ New Jersey
Home Value $438,991 $378,197 N/A $559,826
5-Year CAGR 6.9% 6.8% N/A 8.4%
Avg Rent $2,107 $2,010 N/A -
Cap Rate 3.7% 4.2% - -
💡 Why Invest in 08628? Click to expand

With a 3/5 investability rating, this ZIP shows solid fundamentals for buy-and-hold investors.

A healthy rental market with 35% renter-occupied households ensures tenant availability.

📊 See where this ZIP ranks in our Best-of lists →
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Landlord Ground Truth

Real numbers from people who own or manage rentals in ZIP 08628 (Ewing, NJ). Anonymous, moderated, never written by AI.

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Investability
Good
Cap Rate
3.7%
Low
5yr Growth
+6.9%
Strong

📊 Market Snapshot

Home Value $438,991
Monthly Rent $2,107
Price-to-Rent 17.4:1
1% Rule ✗ Fails

💰 Return Metrics

Gross Yield 5.8%
Cap Rate 3.7%
5-Year IRR 10.6%

📈 Home Appreciation

1-Year +2.4% ▲
3-Year CAGR +5.0% ▲
5-Year CAGR +6.9% ▲
10-Year CAGR +6.8% ▲

🏠 Rent Trends

1-Year N/A
3-Year CAGR N/A
5-Year CAGR N/A
Negative Leverage — IRR / Tax Play Cap Rate: 3.7%  |  30yr Rate: 6.8%
Leverage reduces cash returns at current rates.

The current 30-yr mortgage rate (6.8%) exceeds the estimated cap rate (3.7%). Financing reduces your cash-on-cash return below the cap rate. Markets like this may still make sense as IRR plays — factoring in appreciation, depreciation, and a future refinance when rates drop.

Run an IRR Analysis →

⚠️ Risk Signals

Composite view of factors that can impact a ZIP's stability and your downside risk.

Vacancy
7.9%
Low risk
Landlord Climate
1.0/5
Protective
Value Trend (5yr)
+6.9%
Growing
Eviction process: Slow Rent control: Unfavorable

Demographics in 08628

Population: 9,479

💰 Median Household Income
$102,600
This area
$102,600
State
$113,906
USA
$74,580
🏠 Renter Occupied
35.4%
This area
35.4%
State
28.4%
USA
34.0%
💼 Unemployment Rate
3.1%
This area
3.1%
State
-9.5%
USA
3.7%
🎓 College Educated
59.8%
This area
59.8%
State
25.9%
USA
33.7%
👤 Median Age
47.1 years
This area
47.1 years
State
22.0 years
USA
38.9 years
🏚️ Vacancy Rate
7.9%
This area
7.9%
State
9.2%
USA
10.5%
👥 Population by Ethnicity
White 74.8%
Black/African American 12.3%
Asian 6.4%
Other/Mixed 6.4%
Hispanic/Latino 3.1%
👶 Under 18
15.3%
This area
15.3%
USA
22.0%
👴 65 and Over
23.4%
This area
23.4%
USA
17.3%
📊 Poverty Rate
2.1%
This area
2.1%
USA
11.5%

Crime & Safety

🚧

Crime & Safety Data Coming Soon

We're integrating comprehensive crime statistics including violent crime rates, property crime, and safety scores to help you make informed investment decisions.

Expected: Q1 2025

🎓 Schools in 08628

C+ Avg School Grade
3 Schools
11.7:1 Avg Class Size
$34,529 Avg Per Pupil

Schools in This ZIP Code

A+ Excellent

Francis Lore Elementary School

📚 Pre-K – 05 Elementary
👥
501 Students
👨‍🏫
11.7:1 Class Size
💰
$34,529 Per Student
D Needs Improvement
👥
36 Students
D Needs Improvement

Marie H Katzenbach High School

📚 09 – 12 High School
👥
35 Students

Nearby Schools (5 more)

Schools in adjacent ZIP codes that may serve this area

A+ Excellent

Gilmore J Fisher Middle School

📚 06 – 08 Middle
📍 1325 LOWER FERRY ROAD, EWING
👥
773 Students
👨‍🏫
9.2:1 Class Size
💰
$34,529 Per Student
A+ Excellent

Parkway Elementary School

📚 Pre-K – 05 Elementary
📍 446 PARKWAY AVENUE, EWING
👥
397 Students
👨‍🏫
10.0:1 Class Size
💰
$34,529 Per Student
A+ Excellent

Thomas Jefferson Intermediate School

📚 04 – 06 School
📍 1 Whittlesey Road, Trenton
👥
342 Students
👨‍🏫
12.0:1 Class Size
💰
$29,952 Per Student
A+ Excellent

Benjamin C Gregory Elementary School

📚 K – 03 Elementary
📍 500 RUTHERFORD AVENUE, TRENTON
👥
295 Students
👨‍🏫
11.4:1 Class Size
💰
$29,952 Per Student
A+ Excellent

Arthur J. Holland Middle School

📚 07 – 08 Middle
📍 1001 West State St, Trenton
👥
445 Students
👨‍🏫
12.4:1 Class Size
💰
$29,952 Per Student
About Repit School Scores

Traditional school ratings rely heavily on standardized test scores, which often reflect family income more than school quality. Repit takes a different approach.

We evaluate schools based on factors that research shows actually impact educational outcomes:

  • Class Size — Smaller classes mean more individual attention
  • School Funding — Resources available for programs, staff, and facilities
  • Community Factors — Neighborhood characteristics that influence student success
  • School Environment — Size, type, and structure

Scores are updated annually using federal education data.

🎓 Nearby Colleges & Universities

8 Nearby 1,676 Off-Campus Students
C
Innovate Salon Academy
153 students · 1.0 mi
B+
The College of New Jersey
7,652 students · 2.3 mi
C
Thomas Edison State University
7,587 students · 4.3 mi
C+
Rider University
4,083 students · 4.5 mi
F
Fortis Institute-Lawrenceville
305 students · 5.5 mi
C
Capital Health School of Radiologic Technology
15 students · 5.5 mi
C
Capital Health School of Nursing
53 students · 5.5 mi
C
Bucks County Community College
6,098 students · 7.8 mi

Investor Insight: With 1,676 students living off-campus nearby, this area has strong rental demand from the college population.

Frequently Asked Questions

Is Ewing, NJ a good market for buy-and-hold investors?

The 3.0/5 investability rating in Ewing, NJ reflects its $439K prices and $2,107/mo rents. Investors generally consider it a solid option within NJ.

How do experienced investors play Ewing, NJ?

In Ewing, NJ the resilient play is typically careful cash-flow rentals with hands-on management. The combination of $439K prices and $2,107/mo rents suits that approach.

How much rent can I charge in Ewing, NJ?

Investors in Ewing, NJ typically see rents near $2,107/mo per month against $439K home values - a solid setup for rental cash flow.

What is the median home value in Ewing, NJ?

The median home value in Ewing, NJ is roughly $439K. That puts it reasonable relative to the NJ statewide average.

What are vacancy rates like in Ewing, NJ?

Expect elevated vacancy in Ewing, NJ. Rents at $2,107/mo are absorbed by the tenant base without meaningful lag.

You know 08628 now. You don’t know where it ranks.

This page stays free — all of it. What one page can’t tell you is how 08628 compares to every other market. Investor ($19/mo) screens every U.S. ZIP by cap rate, the 1% rule, vacancy and landlord climate, and exports your shortlist.

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How 08628 ranks in Trenton-Princeton, NJ

Every ZIP in this metro, ranked. Free.

Cash Flow → Appreciation → Affordable →
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