Madison Park, NJ
Full City Profile · New Jersey · Middlesex County County
3.0
/5.0
B
Good
8,798
Population
4,834/sq mi density
$76,396
Median Income
$34,943 per capita
$386,200
Home Value
$533,142 Zillow
$1,558
Median Rent
32.2% income on rent
54°F
Avg Temperature
275 sunny days/yr
80
Violent Crime/100K
1,035 property/100K
B
Overall
3.0 / 5.0
Good overall score based on economy, affordability, safety and education
B+
Economy
3.6 / 5.0
$76,396 median income, 5.2% unemployment
B+
Affordability
3.8 / 5.0
$386,200 home value, $1,558/mo rent
F
Safety
1.0 / 5.0
80 violent crimes/100K
B
Education
3.5 / 5.0
31.1% bachelor's degree or higher
Housing Overview
Median Home Value
$386,200
37% above
US avg: $281,900
Median Rent
$1,558/mo
34% above
US avg: $1,163/mo
Homeownership Rate
31.9%
51% below US avg (65.4%)
Total Housing Units
2,947
Median year built: 1962
Home Value by Source
Census Median
$386,200
Zillow (ZHVI)
$533,142
Census ACS, Zillow ZHVI, Redfin median sale price
Ownership vs. Renting
31.9%
Owner-Occupied
68.1%
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
Census median rent:
$1,558/mo
Affordability & Housing Stock
Rent Burden
32.2%
of renters spending 30%+ of income on housing
4% above US avg (31.0%)
Median Year Built
1962
Average age of housing stock: 64 years
Homeownership Rate
31.9%
Complete Housing Data
Home Values
| Census Median Value | $386,200 |
| Zillow Home Value (ZHVI) | $533,142 |
Rent
| Census Median Rent | $1,558 |
| 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 | 31.9% |
| Renter-Occupied | 68.1% |
| Homeownership Rate | 31.9% |
| Total Housing Units | 2,947 |
| Median Year Built | 1962 |
| Rent Burden | 32.2% |
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