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Monmouth Junction, NJ

Full City Profile · New Jersey · Middlesex County County

3.8 /5.0
B+ Good
9,457 Population 2,159/sq mi density
$125,892 Median Income $63,825 per capita
$497,100 Home Value $681,974 Zillow
$1,880 Median Rent 23.6% income on rent
53°F Avg Temperature 275 sunny days/yr
69 Violent Crime/100K 926 property/100K
B+
Overall
3.8 / 5.0
Good overall score based on economy, affordability, safety and education
A+
Economy
4.6 / 5.0
$125,892 median income, 3.3% unemployment
A
Affordability
4.5 / 5.0
$497,100 home value, $1,880/mo rent
F
Safety
1.0 / 5.0
69 violent crimes/100K
A+
Education
5.0 / 5.0
72.9% bachelor's degree or higher

Housing Overview

Median Home Value
$497,100
76% above
US avg: $281,900
Median Rent
$1,880/mo
62% above
US avg: $1,163/mo
Homeownership Rate
63.4%
3% below US avg (65.4%)
Total Housing Units
3,690
Median year built: 1993

Home Value by Source

Census Median
$497,100
Zillow (ZHVI)
$681,974
Median Sale Price
$510,000
Median List Price
$519,000
Census ACS, Zillow ZHVI, Redfin median sale price

Ownership vs. Renting

63.4%
Owner-Occupied
36.6%
Renter-Occupied
63%
37%
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: $1,880/mo · Zillow rent: $2,532/mo

Market Indicators (Redfin)

Median Days on Market
74 days
Sale-to-List Ratio
1.0%
Buyers market
Homes Sold
6
Price Drops
11.8%
of listings with price reduction
Price Per Sq Ft
$377
Active Inventory
17
homes for sale

Affordability & Housing Stock

Rent Burden
23.6%
of renters spending 30%+ of income on housing
24% below US avg (31.0%)
Median Year Built
1993
Average age of housing stock: 33 years
Homeownership Rate
63.4%

Complete Housing Data

Home Values

Census Median Value$497,100
Zillow Home Value (ZHVI)$681,974
Median Sale Price$510,000
Median List Price$519,000
Price Per Sq Ft$377

Rent

Census Median Rent$1,880
Zillow Rent (ZORI)$2,532
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 Market74
Sale-to-List Ratio1.0%
Price Drops11.8%
Homes Sold6
Active Inventory17
Price Per Sq Ft$377

Ownership & Stock

Owner-Occupied63.4%
Renter-Occupied36.6%
Homeownership Rate63.4%
Total Housing Units3,690
Median Year Built1993
Rent Burden23.6%