Encore at Monroe, NJ
Full City Profile · New Jersey · Middlesex County County
3.7
/5.0
B+
Good
713
Population
3,753/sq mi density
$72,896
Median Income
$48,006 per capita
$463,900
Home Value
$455,672 Zillow
53°F
Avg Temperature
B+
Overall
3.7 / 5.0
Good overall score based on economy, affordability, safety and education
A+
Economy
4.5 / 5.0
$72,896 median income, 0.0% unemployment
B
Affordability
3.1 / 5.0
$463,900 home value, /mo rent
B+
Education
3.5 / 5.0
31.6% bachelor's degree or higher
Housing Overview
Median Home Value
$463,900
65% above
US avg: $281,900
Homeownership Rate
100.0%
53% above US avg (65.4%)
Total Housing Units
275
Median year built: 2004
Home Value by Source
Census Median
$463,900
Zillow (ZHVI)
$455,672
Census ACS, Zillow ZHVI, Redfin median sale price
Ownership vs. Renting
100.0%
Owner-Occupied
0.0%
Renter-Occupied
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
28.2%
of renters spending 30%+ of income on housing
9% below US avg (31.0%)
Median Year Built
2004
Average age of housing stock: 22 years
Homeownership Rate
100.0%
Complete Housing Data
Home Values
| Census Median Value | $463,900 |
| Zillow Home Value (ZHVI) | $455,672 |
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-Occupied | 100.0% |
| Renter-Occupied | 0.0% |
| Homeownership Rate | 100.0% |
| Total Housing Units | 275 |
| Median Year Built | 2004 |
| Rent Burden | 28.2% |