How Much Is My House, Home or Condo Worth? Property Values in Raritan | Latest Listing

Raritan is a borough in Somerset County, New Jersey, United States. As of the 2010 United States Census, the borough's population was 6,881, reflecting an increase of 543 (+8.6%) from the 6,338 counted in the 2000 Census, which had in turn increased by 540 (+9.3%) from the 5,798 counted in the 1990 Census.

The borough's name is derived from the Raritans, a Native American group of Lenapes. The name of the tribe is said to mean "forked river", "stream overflows" or "point on a tidal river".

History

Raritan town was originally established as a subdivision within Bridgewater Township by act of the New Jersey Legislature on April 3, 1868. After a series of bitter lawsuits between Raritan and Bridgewater in the 1930s and 1940s, the Legislature allowed Raritan to become a fully independent Borough by an Act on May 12, 1948, based on the results of a referendum passed on June 12, 1948. The new borough incorporated the old town and an additional portion of Bridgewater Township.

The Knox–Porter Resolution ending United States involvement in World War I was signed by President Harding at the estate of New Jersey Senator Joseph S. Frelinghuysen Sr. on July 2, 1921.

Geography

According to the United States Census Bureau, the borough had a total area of 2.03 square miles (5.27  km² ), including 1.99 square miles (5.16  km² ) of land and 0.04 square miles (0.11  km² ) of water (2.02%).

The borough borders the Somerset County municipalities of Bridgewater Township, Hillsborough Township and Somerville.

Raritan is in the western division of the Raritan Valley (a line of cities in central New Jersey), along with Branchburg and Bridgewater.

Demographics

Census 2010

The Census Bureau's 2006–2010 American Community Survey showed that (in 2010 inflation-adjusted dollars) median household income was $70,116 (with a margin of error of +/- $10,294) and the median family income was $79,813 (+/- $8,715). Males had a median income of $54,130 (+/- $7,617) versus $44,125 (+/- $12,260) for females. The per capita income for the borough was $34,617 (+/- $5,703). About 6.3% of families and 7.4% of the population were below the poverty line, including 15.4% of those under age 18 and 3.5% of those age 65 or over.

Census 2000

As of the 2000 United States Census there were 6,338 people, 2,556 households, and 1,671 families residing in the borough. The population density was 3,113.8 people per square mile (1,199.6/km² ). There were 2,644 housing units at an average density of 1,299.0 per square mile (500.4/km² ). The racial makeup of the borough was 87.74% White, 0.93% African American, 0.08% Native American, 8.17% Asian, 0.16% Pacific Islander, 1.64% from other races, and 1.28% from two or more races. Hispanic or Latino of any race were 8.41% of the population.

There were 2,556 households, out of which 30.1% had children under the age of 18 living with them, 51.0% were married couples living together, 10.0% had a female householder with no husband present, and 34.6% were non-families. 29.0% of all households were made up of individuals, and 11.9% had someone living alone who was 65 years of age or older. The average household size was 2.48 and the average family size was 3.08.

In the borough, the population was spread out, with 22.3% under the age of 18, 6.5% from 18 to 24, 35.0% from 25 to 44, 20.0% from 45 to 64, and 16.2% who were 65 years of age or older. The median age was 38 years. For every 100 females, there were 92.3 males. For every 100 females age 18 and over, there were 91.1 males.

The median income for a household in the borough was $51,122, and the median income for a family was $59,962. Males had a median income of $46,071 versus $35,704 for females. The per capita income for the borough was $26,420. About 5.5% of families and 6.4% of the population were below the poverty line, including 6.0% of those under age 18 and 12.8% of those age 65 or over.

Parks and recreation

Frelinghuysen Park is a public park dedicated to General John Frederick Frelinghuysen. This is the only public park in Raritan, except for Basilone Park and Elizabeth Ave Park, and it includes two little league baseball fields, two full-sized outdoor basketball courts, two full sized tennis courts and a playground. During the summer months Frelinghuysen Park and Basilone Park have recreational pools open to children. The parks offers tables for picnicking. It is located at the end of Sherman Avenue