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Matawan, NJ
Full City Profile · New Jersey · Middlesex County County
4.1
/5.0
A
Great
9,636
Population
4,245/sq mi density
$122,026
Median Income
$51,890 per capita
$447,000
Home Value
$632,024 Zillow
$1,714
Median Rent
25.4% income on rent
54°F
Avg Temperature
275 sunny days/yr
A
Overall
4.1 / 5.0
Strong
A+
Economy
4.6 / 5.0
$122,026 median income, 4.1% unemployment
A+
Affordability
4.6 / 5.0
$447,000 home value, $1,714/mo rent
C+
Safety
2.5 / 5.0
0 violent crimes/100K
A+
Education
4.5 / 5.0
44.1% bachelor's degree or higher
Housing Overview
Median Home Value
$447,000
59% above
US avg: $281,900
Median Rent
$1,714/mo
47% above
US avg: $1,163/mo
Homeownership Rate
57.2%
13% below US avg (65.4%)
Total Housing Units
3,890
Median year built: 1969
Home Value by Source
Census Median
$447,000
Zillow (ZHVI)
$632,024
Median Sale Price
$432,500
Median List Price
$480,000
Census ACS, Zillow ZHVI, Redfin median sale price
Ownership vs. Renting
57.2%
Owner-Occupied
42.8%
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:
$1,714/mo
· Zillow rent:
$2,506/mo
Market Indicators (Redfin)
Median Days on Market
99 days
Sale-to-List Ratio
1.0%
Buyers market
Homes Sold
4
Price Drops
30.8%
of listings with price reduction
Price Per Sq Ft
$322
Active Inventory
13
homes for sale
Affordability & Housing Stock
Rent Burden
25.4%
of renters spending 30%+ of income on housing
18% below US avg (31.0%)
Median Year Built
1969
Average age of housing stock: 57 years
Homeownership Rate
57.2%
Complete Housing Data
Home Values
| Census Median Value | $447,000 |
| Zillow Home Value (ZHVI) | $632,024 |
| Median Sale Price | $432,500 |
| Median List Price | $480,000 |
| Price Per Sq Ft | $322 |
Rent
| Census Median Rent | $1,714 |
| Zillow Rent (ZORI) | $2,506 |
| 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 Market | 99 |
| Sale-to-List Ratio | 1.0% |
| Price Drops | 30.8% |
| Homes Sold | 4 |
| Active Inventory | 13 |
| Price Per Sq Ft | $322 |
Ownership & Stock
| Owner-Occupied | 57.2% |
| Renter-Occupied | 42.8% |
| Homeownership Rate | 57.2% |
| Total Housing Units | 3,890 |
| Median Year Built | 1969 |
| Rent Burden | 25.4% |