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Millstone, NJ

Full City Profile · New Jersey · Somerset County County

3.8 /5.0
B+ Good
606 Population 891/sq mi density
$139,209 Median Income $50,715 per capita
$486,200 Home Value $468,783 Zillow
$1,292 Median Rent 9.0% income on rent
53°F Avg Temperature 271 sunny days/yr
115 Violent Crime/100K 2,443 property/100K
B+
Overall
3.8 / 5.0
Good overall score based on economy, affordability, safety and education
A+
Economy
4.6 / 5.0
$139,209 median income, 4.6% unemployment
A+
Affordability
4.7 / 5.0
$486,200 home value, $1,292/mo rent
F
Safety
1.0 / 5.0
115 violent crimes/100K
A+
Education
4.9 / 5.0
48.6% bachelor's degree or higher

Housing Overview

Median Home Value
$486,200
72% above
US avg: $281,900
Median Rent
$1,292/mo
11% above
US avg: $1,163/mo
Homeownership Rate
88.4%
35% above US avg (65.4%)
Total Housing Units
198
Median year built: 1956

Home Value by Source

Census Median
$486,200
Zillow (ZHVI)
$468,783
Median Sale Price
$1,216,750
Census ACS, Zillow ZHVI, Redfin median sale price

Ownership vs. Renting

88.4%
Owner-Occupied
11.6%
Renter-Occupied
88%
12%
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: $1,292/mo

Market Indicators (Redfin)

Median Days on Market
117 days
Sale-to-List Ratio
0.9%
Buyers market
Homes Sold
1
Price Drops
100.0%
of listings with price reduction
Price Per Sq Ft
$303
Active Inventory
1
homes for sale

Affordability & Housing Stock

Rent Burden
9.0%
of renters spending 30%+ of income on housing
71% below US avg (31.0%)
Median Year Built
1956
Average age of housing stock: 70 years
Homeownership Rate
88.4%

Complete Housing Data

Home Values

Census Median Value$486,200
Zillow Home Value (ZHVI)$468,783
Median Sale Price$1,216,750
Price Per Sq Ft$303

Rent

Census Median Rent$1,292
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 Market117
Sale-to-List Ratio0.9%
Price Drops100.0%
Homes Sold1
Active Inventory1
Price Per Sq Ft$303

Ownership & Stock

Owner-Occupied88.4%
Renter-Occupied11.6%
Homeownership Rate88.4%
Total Housing Units198
Median Year Built1956
Rent Burden9.0%