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Morganville, NJ

Full City Profile · New Jersey · Monmouth County County

3.8 /5.0
B+ Good
5,544 Population 1,023/sq mi density
$134,911 Median Income $74,279 per capita
$575,900 Home Value $829,630 Zillow
$2,677 Median Rent 27.5% income on rent
54°F Avg Temperature 275 sunny days/yr
80 Violent Crime/100K 835 property/100K
B+
Overall
3.8 / 5.0
Good overall score based on economy, affordability, safety and education
A+
Economy
5.0 / 5.0
$134,911 median income, 1.3% unemployment
A
Affordability
4.3 / 5.0
$575,900 home value, $2,677/mo rent
F
Safety
1.0 / 5.0
80 violent crimes/100K
A+
Education
5.0 / 5.0
58.9% bachelor's degree or higher

Housing Overview

Median Home Value
$575,900
104% above
US avg: $281,900
Median Rent
$2,677/mo
130% above
US avg: $1,163/mo
Homeownership Rate
87.7%
34% above US avg (65.4%)
Total Housing Units
2,137
Median year built: 1990

Home Value by Source

Census Median
$575,900
Zillow (ZHVI)
$829,630
Median Sale Price
$425,000
Median List Price
$875,000
Census ACS, Zillow ZHVI, Redfin median sale price

Ownership vs. Renting

87.7%
Owner-Occupied
12.3%
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: $2,677/mo · Zillow rent: $3,262/mo

Market Indicators (Redfin)

Median Days on Market
170 days
Sale-to-List Ratio
0.9%
Buyers market
Homes Sold
2
Price Drops
10.0%
of listings with price reduction
Price Per Sq Ft
$422
Active Inventory
10
homes for sale

Affordability & Housing Stock

Rent Burden
27.5%
of renters spending 30%+ of income on housing
11% below US avg (31.0%)
Median Year Built
1990
Average age of housing stock: 36 years
Homeownership Rate
87.7%

Complete Housing Data

Home Values

Census Median Value$575,900
Zillow Home Value (ZHVI)$829,630
Median Sale Price$425,000
Median List Price$875,000
Price Per Sq Ft$422

Rent

Census Median Rent$2,677
Zillow Rent (ZORI)$3,262
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 Market170
Sale-to-List Ratio0.9%
Price Drops10.0%
Homes Sold2
Active Inventory10
Price Per Sq Ft$422

Ownership & Stock

Owner-Occupied87.7%
Renter-Occupied12.3%
Homeownership Rate87.7%
Total Housing Units2,137
Median Year Built1990
Rent Burden27.5%