Allenwood, NJ

Full City Profile · New Jersey · Monmouth County County

4.9 /5.0
A+ Excellent
721 Population 412/sq mi density
$217,500 Median Income $68,178 per capita
$727,600 Home Value $1,022,602 Zillow
54°F Avg Temperature
A+
Overall
4.9 / 5.0
Strong
A+
Economy
4.9 / 5.0
$217,500 median income, 2.5% unemployment
A+
Affordability
4.8 / 5.0
$727,600 home value, /mo rent
A+
Education
5.0 / 5.0
55.7% bachelor's degree or higher

Housing Overview

Median Home Value
$727,600
158% above
US avg: $281,900
Homeownership Rate
84.3%
29% above US avg (65.4%)
Total Housing Units
276
Median year built: 1963

Home Value by Source

Census Median
$727,600
Zillow (ZHVI)
$1,022,602
Census ACS, Zillow ZHVI, Redfin median sale price

Ownership vs. Renting

84.3%
Owner-Occupied
15.7%
Renter-Occupied
84%
16%
US avg: 65.4% owner-occupied

Fair Market Rents (HUD FY2026)

Studio
$1,599/mo
1 Bedroom
$1,759/mo
2 Bedroom
$2,132/mo
3 Bedroom
$2,658/mo
4 Bedroom
$3,005/mo

Affordability & Housing Stock

Rent Burden
31.4%
of renters spending 30%+ of income on housing
1% above US avg (31.0%)
Median Year Built
1963
Average age of housing stock: 63 years
Homeownership Rate
84.3%

Complete Housing Data

Home Values

Census Median Value$727,600
Zillow Home Value (ZHVI)$1,022,602

Rent

FMR Studio$1,599
FMR 1-Bedroom$1,759
FMR 2-Bedroom$2,132
FMR 3-Bedroom$2,658
FMR 4-Bedroom$3,005

Market

Ownership & Stock

Owner-Occupied84.3%
Renter-Occupied15.7%
Homeownership Rate84.3%
Total Housing Units276
Median Year Built1963
Rent Burden31.4%