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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
32%
68%
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-Occupied31.9%
Renter-Occupied68.1%
Homeownership Rate31.9%
Total Housing Units2,947
Median Year Built1962
Rent Burden32.2%