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The median value of a home in New Jersey fell from about $364,000 in 2008 to $311,360 in 2012, according to an NJ Spotlight report based on U.S. Census Bureau information.
The 16.9 percent statewide drop is worse than what residents of Camden County experienced — a 14.9 percent fall from about $232,550 median value in 2008 to $197,900 in 2012.
Median housing costs for homeowners with a mortgage in Camden County were $1,900 in 2012, down 2.2 percent from 2008. Â Statewide median housing costs were $2,342 — almost $1,000 more than the national average of $1,460, the report said.
Median rental costs in Camden County were $959 in 2012, down 0.2 percent from 2008.
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