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Avenel, NJ

Full City Profile · New Jersey · Union County County

3.4 /5.0
B Good
17,143 Population 5,042/sq mi density
$95,935 Median Income $38,824 per capita
$351,200 Home Value $519,145 Zillow
$1,839 Median Rent 26.9% income on rent
55°F Avg Temperature 271 sunny days/yr
181 Violent Crime/100K 1,092 property/100K
B
Overall
3.4 / 5.0
Good overall score based on economy, affordability, safety and education
A+
Economy
4.7 / 5.0
$95,935 median income, 2.8% unemployment
A+
Affordability
4.6 / 5.0
$351,200 home value, $1,839/mo rent
F
Safety
1.0 / 5.0
181 violent crimes/100K
B
Education
3.4 / 5.0
29.4% bachelor's degree or higher

Housing Overview

Median Home Value
$351,200
25% above
US avg: $281,900
Median Rent
$1,839/mo
58% above
US avg: $1,163/mo
Homeownership Rate
49.7%
24% below US avg (65.4%)
Total Housing Units
5,536
Median year built: 1975

Home Value by Source

Census Median
$351,200
Zillow (ZHVI)
$519,145
Median Sale Price
$439,497
Median List Price
$899,900
Census ACS, Zillow ZHVI, Redfin median sale price

Ownership vs. Renting

49.7%
Owner-Occupied
50.3%
Renter-Occupied
50%
50%
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
Census median rent: $1,839/mo

Market Indicators (Redfin)

Median Days on Market
98 days
Sale-to-List Ratio
1.0%
Buyers market
Homes Sold
4
Price Drops
11.5%
of listings with price reduction
Price Per Sq Ft
$410
Active Inventory
26
homes for sale

Affordability & Housing Stock

Rent Burden
26.9%
of renters spending 30%+ of income on housing
13% below US avg (31.0%)
Median Year Built
1975
Average age of housing stock: 51 years
Homeownership Rate
49.7%

Complete Housing Data

Home Values

Census Median Value$351,200
Zillow Home Value (ZHVI)$519,145
Median Sale Price$439,497
Median List Price$899,900
Price Per Sq Ft$410

Rent

Census Median Rent$1,839
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

Days on Market98
Sale-to-List Ratio1.0%
Price Drops11.5%
Homes Sold4
Active Inventory26
Price Per Sq Ft$410

Ownership & Stock

Owner-Occupied49.7%
Renter-Occupied50.3%
Homeownership Rate49.7%
Total Housing Units5,536
Median Year Built1975
Rent Burden26.9%