Red Bank, NJ
Full City Profile · New Jersey · Monmouth County County
3.7
/5.0
B+
Good
12,864
Population
7,351/sq mi density
$101,738
Median Income
$65,849 per capita
$477,000
Home Value
$685,023 Zillow
$1,985
Median Rent
28.8% income on rent
54°F
Avg Temperature
271 sunny days/yr
108
Violent Crime/100K
1,049 property/100K
B+
Overall
3.7 / 5.0
Good overall score based on economy, affordability, safety and education
A+
Economy
4.9 / 5.0
$101,738 median income, 2.2% unemployment
A
Affordability
4.0 / 5.0
$477,000 home value, $1,985/mo rent
F
Safety
1.0 / 5.0
108 violent crimes/100K
A+
Education
5.0 / 5.0
52.0% bachelor's degree or higher
Housing Overview
Median Home Value
$477,000
69% above
US avg: $281,900
Median Rent
$1,985/mo
71% above
US avg: $1,163/mo
Homeownership Rate
50.1%
23% below US avg (65.4%)
Total Housing Units
6,387
Median year built: 1955
Home Value by Source
Census Median
$477,000
Zillow (ZHVI)
$685,023
Median Sale Price
$565,000
Median List Price
$759,950
Census ACS, Zillow ZHVI, Redfin median sale price
Ownership vs. Renting
50.1%
Owner-Occupied
49.9%
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:
$1,985/mo
· Zillow rent:
$3,008/mo
Market Indicators (Redfin)
Median Days on Market
31 days
Sale-to-List Ratio
1.0%
Buyers market
Homes Sold
13
Price Drops
9.5%
of listings with price reduction
Price Per Sq Ft
$423
Active Inventory
21
homes for sale
Affordability & Housing Stock
Rent Burden
28.8%
of renters spending 30%+ of income on housing
7% below US avg (31.0%)
Median Year Built
1955
Average age of housing stock: 71 years
Homeownership Rate
50.1%
Complete Housing Data
Home Values
| Census Median Value | $477,000 |
| Zillow Home Value (ZHVI) | $685,023 |
| Median Sale Price | $565,000 |
| Median List Price | $759,950 |
| Price Per Sq Ft | $423 |
Rent
| Census Median Rent | $1,985 |
| Zillow Rent (ZORI) | $3,008 |
| 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 | 31 |
| Sale-to-List Ratio | 1.0% |
| Price Drops | 9.5% |
| Homes Sold | 13 |
| Active Inventory | 21 |
| Price Per Sq Ft | $423 |
Ownership & Stock
| Owner-Occupied | 50.1% |
| Renter-Occupied | 49.9% |
| Homeownership Rate | 50.1% |
| Total Housing Units | 6,387 |
| Median Year Built | 1955 |
| Rent Burden | 28.8% |
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