HomeNew JerseySomerset CountyBernardsville borough
Bernardsville borough, New Jersey: commercial real estate data.
Bernardsville borough is a Census borough of 7,916 people across 12.84 square miles of land, in Somerset County. Median household income is $236,115, 94.6 percent of occupied homes are owned, and the SBA record carries 16 7(a) approvals to borrowers here worth $5.6 m.
76 sourced place values · tier FULL · 8 sections
Bernardsville
What Bernardsville is
- Census place typeborough
- Land area12.84 sq mi
- Water area0.07 sq mi
- Population per square mile of land617
- County holding the largest share of its areaSomerset County, 100.0 percent
US Census Bureau, cartographic boundary file, places, 2024 vintage. US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Bernardsville
How many people live in Bernardsville
- Population7,916
- Median age40.0
- Population under 181,997 plus or minus 428
- Share under 1825.2 percent plus or minus 5.4
- Population 65 and over1,514
- Share 65 and over19.1 percent
- Households2,689
- Family households2,308
- Share of households that are families85.8 percent
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Bernardsville
Income and work in Bernardsville
- Median household income$236,115
- Per capita income$114,810
- Civilian labor force4,326
- Employed4,138
- Unemployed188 plus or minus 89
- Unemployment rate4.3 percent plus or minus 2.0
- Adults 25 and over5,542
- Adults 25 and over with a high school diploma or higher96.8 percent
- Adults 25 and over with a bachelor degree or higher72.9 percent
- Adults 25 and over with a graduate degree30.9 percent
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Bernardsville
Housing in Bernardsville
- Housing units2,826
- Occupied units2,689
- Vacant units137 plus or minus 108
- Vacancy rate4.8 percent plus or minus 3.8
- Owner occupied2,543
- Renter occupied146 plus or minus 88
- Ownership rate94.6 percent
- Median owner-occupied home value$793,800
- Median gross rent, monthly$2,297
- Annual rent as a share of median income11.7 percent
- Single family units2,540
- Share single family89.9 percent
- Units in buildings of two or more286 plus or minus 137
- Share in buildings of two or more10.1 percent plus or minus 4.8
- Mobile homes0
- Median year structure built1960
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Bernardsville
How Bernardsville gets to work
- Workers 16 and over who commute2,956
- Commuting under 15 minutes717 plus or minus 322
- Share commuting under 15 minutes24.3 percent plus or minus 10.4
- Commuting 30 minutes or more1,207 plus or minus 270
- Share commuting 30 minutes or more40.8 percent
- Drove alone60.9 percent
- Carpooled2.6 percent plus or minus 2.0
- Public transport3.7 percent plus or minus 2.2
- Walked2.9 percent plus or minus 1.8
- Worked from home27.7 percent
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Bernardsville
SBA 7(a) lending to Bernardsville borrowers
- Approvals16
- Gross approval$5,585,700
- Average approval$349,106
- Median approval$150,000
- Ninetieth percentile approval$1,454,000
- Largest approval$1,837,000
- Jobs supported171
- Jobs per approval10.7
- Loans with a final outcome1
- Paid in full1
- Charged off0
- Median term120 months
- Share on real estate terms of 20 years or more12.5 percent
- Share to franchises18.8 percent
- Distinct lenders9
- Distinct industries by NAICS14
A charge-off rate is not published here. only 1 resolved loans, too few to publish a rate, and a rate over that few outcomes would move several points on one loan.
US Small Business Administration, 7(a) FOIA release, FY2020 to FY2026 year to date, as of 2026-06-30.
Bernardsville
SBA 504 lending to Bernardsville borrowers
- Approvals3
- Gross approval$1,470,000
- Average approval$490,000
- Median approval$503,000
- Largest approval$557,000
- Jobs supported35
- Loans with a final outcome0
- Charged off0
- Median term240 months
- Distinct CDCs2
US Small Business Administration, 504 FOIA release, FY2010 to FY2026 year to date, as of 2026-06-30.
Somerset County, not Bernardsville
Somerset County context, not Bernardsville figures
These are Somerset County figures. There is no place level equivalent published for any of them, so they are shown as the county backdrop and never as Bernardsville measurements.
- Establishments in Somerset County9,831
- Employment at those establishments, Somerset County188,127
- Covered employment, Somerset County190,468
- Average annual pay, Somerset County$106,418
- Average weekly wage, Somerset County$2,046
- Housing units permitted, Somerset County635
- Of those, single family, Somerset County320
- County product, 2024, Somerset County$54,494,111,000
- County product change over the prior year, Somerset County5.3 percent
- Average income of an arriving household, Somerset County$123,037
Every figure in this section is published for Somerset County as a whole and is not a measurement of Bernardsville. It is here because a county backdrop is what a credit committee reads a place against, and it is labelled so that it can never be quoted as the place's own.
US Census Bureau, County Business Patterns, 2023. US Bureau of Labor Statistics, Quarterly Census of Employment and Wages, 2024 annual averages. US Census Bureau, Building Permits Survey, 2024 annual. US Bureau of Economic Analysis, Regional, table CAGDP2, CAGDP2, through 2024. US Internal Revenue Service, Statistics of Income county migration flows, 2021 to 2022 filing years.
Coverage
What this page does not hold.
Every item below could be filled with a plausible figure. None of them is. On a page a lender may read, a number that cannot be traced is worse than an absence, so the absences are named.
- This place is not listed as a community in the FEMA Community Status Book, so no NFIP participation or CRS class is shown.
- Parcel level detail, zoning and flood zone at an address are resolved in the platform, not on this page.
SBA figures count approvals to borrowers whose address is in the place. They are not approvals for projects inside the place boundary: the tape records a borrower city and a project county, and those can differ.
Common questions
Bernardsville questions, answered from the record.
How many people live in Bernardsville, New Jersey?
7,916, in 2,689 households. Bernardsville borough covers 12.84 square miles of land, which is 617 people per square mile. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
What county is Bernardsville in?
Somerset County, which holds 100.0 percent of the place by area. Source: US Census Bureau, cartographic boundary file, places, 2024 vintage.
What is the median household income in Bernardsville?
$236,115. The median owner-occupied home is valued at $793,800. Median gross rent is $2,297 per month. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
How much SBA lending goes to Bernardsville businesses?
16 7(a) approvals totalling $5.6 m, across 9 lenders, median approval $150,000, plus 3 504 approvals worth $1.5 m. These count approvals to borrowers whose address is in Bernardsville, not projects sited inside the place boundary, and they are approvals recorded in the release rather than loans disbursed.
Do SBA loans to Bernardsville borrowers get paid back?
No rate is published for Bernardsville. only 1 resolved loans, too few to publish a rate, and a percentage over that few outcomes would move several points on a single loan. The counts are shown instead.
Are the county figures on this page Bernardsville figures?
No, and they are labelled so. County Business Patterns, QCEW, the Building Permits Survey, BEA product and IRS migration are published for Somerset County as a whole and there is no place level equivalent. They appear in one clearly marked section as context and are never presented as measurements of Bernardsville.
Is zoning published for Bernardsville?
Not yet. The zoning layer is in build. Nothing on this page presents parcel level zoning.