HomeNew JerseySomerset CountyWatchung
Watchung, New Jersey: commercial real estate data.
Watchung is a Census borough of 6,485 people across 6.02 square miles of land, in Somerset County. Median household income is $173,672, 84.1 percent of occupied homes are owned, and the SBA record carries 13 7(a) approvals to borrowers here worth $12.4 m since FY2020.
Underlined figures are computed by MMCG Analytics, not published by the agency.
Watchung
What Watchung is
- Census place typeborough
- Land area6.02 sq mi
- Water area0.03 sq mi
- Population per square mile of land1,078
- 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.
Watchung
How many people live in Watchung
- Population6,485
- Median age48.1
- Population under 181,354 plus or minus 328
- Share under 1820.9 percent plus or minus 5.1
- Population 65 and over1,905
- Share 65 and over29.4 percent
- Households2,357
- Family households1,749
- Share of households that are families74.2 percent
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Watchung
Income and work in Watchung
- Median household income$173,672
- Per capita income$89,210
- Civilian labor force3,500
- Employed3,285
- Unemployed215 plus or minus 136
- Unemployment rate6.1 percent plus or minus 3.8
- Adults 25 and over4,822
- Adults 25 and over with a high school diploma or higher95.6 percent
- Adults 25 and over with a bachelor degree or higher64.0 percent
- Adults 25 and over with a graduate degree25.6 percent plus or minus 5.3
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Watchung
Housing in Watchung
- Housing units2,470
- Occupied units2,357
- Vacant units113 plus or minus 92
- Vacancy rate4.6 percent plus or minus 3.7
- Owner occupied1,982
- Renter occupied375 plus or minus 168
- Ownership rate84.1 percent
- Median owner-occupied home value$882,500
- Median gross rent, monthly$2,738 plus or minus $602
- Annual rent as a share of median income18.9 percent plus or minus 4.4
- Single family units2,036
- Share single family82.4 percent
- Units in buildings of two or more434 plus or minus 178
- Share in buildings of two or more17.6 percent plus or minus 7.1
- Mobile homes0
- Median year structure built1974
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Watchung
How Watchung gets to work
- Workers 16 and over who commute2,328
- Commuting under 15 minutes349 plus or minus 196
- Share commuting under 15 minutes15.0 percent plus or minus 8.0
- Commuting 30 minutes or more1,304 plus or minus 354
- Share commuting 30 minutes or more56.0 percent plus or minus 11.4
- Drove alone60.4 percent
- Carpooled3.3 percent plus or minus 3.9
- Public transport7.8 percent plus or minus 3.1
- Walked1.3 percent plus or minus 1.4
- Worked from home27.1 percent plus or minus 10.6
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Watchung
SBA loans in Watchung (7(a))
- Approvals13
- Gross approval$12,422,400
- Average approval$955,569
- Median approval$444,000
- Largest approval$3,928,000
- Jobs supported131
- Jobs per approval10.1
- Loans with a final outcome4
- Paid in full4
- Charged off0
- Median term120 months
- Share on real estate terms of 20 years or more7.7 percent
- Share to franchises46.2 percent
- Distinct lenders11
- Distinct industries by NAICS9
Counted by borrower city: approvals to borrowers whose address is in Watchung, in any county, FY2020 to FY2026. Only 4 loans have reached a final outcome, fewer than the 30 a charge-off rate needs, so no rate is published.
US Small Business Administration, 7(a) FOIA release, FY2020 to FY2026 year to date, as of 2026-06-30.
Watchung
SBA loans in Watchung (504)
- Approvals1
- Gross approval$685,000
- Average approval$685,000
- Median approval$685,000
- Largest approval$685,000
- Jobs supported42
- Loans with a final outcome0
- Charged off0
- Median term300 months
- Distinct CDCs1
Counted by borrower city: approvals to borrowers whose address is in Watchung, in any county, FY2010 to FY2026. Only 0 loans have reached a final outcome, fewer than the 30 a charge-off rate needs, so no rate is published.
US Small Business Administration, 504 FOIA release, FY2010 to FY2026 year to date, as of 2026-06-30.
Watchung
Flood risk in Watchung
- NFIP communityBorough of Watchung
- NFIP community number340447
- Participating in the NFIPYes
- Community Rating System classNone
- Currently effective map date09/28/07
The Borough of Watchung participates in the National Flood Insurance Program as community 340447 and carries no Community Rating System class, so no CRS premium discount applies to it.
Federal Emergency Management Agency, NFIP Community Status Book (OpenFEMA), as of 2026-09-26.
Somerset County, not Watchung
Somerset County context, not Watchung figures
- Establishments in Somerset County9,831
- Covered employment, Somerset County190,468
- Average annual pay, Somerset County$106,418
- Housing units permitted, Somerset County635
Every figure in this section is published for Somerset County as a whole and is not a measurement of Watchung.
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.
Coverage
What this page does not hold.
Parcel detail, zoning and the flood zone at an address are not on this page; they resolve at the address in the platform. How this page was built →
Common questions
Watchung questions, answered from the record.
How many people live in Watchung, New Jersey?
6,485, in 2,357 households. Watchung borough covers 6.02 square miles of land, which is 1,078 people per square mile. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
What county is Watchung 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 Watchung?
$173,672. The median owner-occupied home is valued at $882,500. Median gross rent is $2,738 per month. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
How much SBA lending goes to Watchung businesses?
13 7(a) approvals totaling $12.4 m since FY2020, across 11 lenders, median approval $444,000, plus 1 504 approvals worth $685,000 since FY2010. These count approvals to borrowers whose address is in Watchung, not projects sited inside the place boundary, and they are approvals recorded in the release rather than loans disbursed.
Do SBA loans to Watchung borrowers get paid back?
No rate is published for Watchung. Only 4 loans have reached a final outcome, fewer than the 30 a charge-off rate needs, so no rate is published. The counts are shown instead.
Is Watchung in the National Flood Insurance Program?
Yes. Watchung appears in the FEMA Community Status Book as Watchung, borough of, community 340447, with no Community Rating System class, so no CRS discount applies. Whether a specific parcel sits in a mapped special flood hazard area is an address level question the platform answers.
Are the county figures on this page Watchung figures?
No, and they are labeled 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 Watchung.
Is zoning published for Watchung?
No. Nothing on this page presents parcel level zoning.