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Shrewsbury, NJ
Full City Profile · New Jersey · Monmouth County County
3.7
/5.0
B+
Good
4,162
Population
1,927/sq mi density
$144,500
Median Income
$71,092 per capita
$735,900
Home Value
$923,272 Zillow
$3,300
Median Rent
51.0% income on rent
54°F
Avg Temperature
271 sunny days/yr
146
Violent Crime/100K
2,135 property/100K
B+
Overall
3.7 / 5.0
Good overall score based on economy, affordability, safety and education
A+
Economy
4.9 / 5.0
$144,500 median income, 2.8% unemployment
B+
Affordability
3.8 / 5.0
$735,900 home value, $3,300/mo rent
F
Safety
1.0 / 5.0
146 violent crimes/100K
A+
Education
5.0 / 5.0
65.0% bachelor's degree or higher
Housing Overview
Median Home Value
$735,900
161% above
US avg: $281,900
Median Rent
$3,300/mo
184% above
US avg: $1,163/mo
Homeownership Rate
84.1%
29% above US avg (65.4%)
Total Housing Units
1,399
Median year built: 1958
Home Value by Source
Census Median
$735,900
Zillow (ZHVI)
$923,272
Median Sale Price
$1,407,500
Median List Price
$1,299,949
Census ACS, Zillow ZHVI, Redfin median sale price
Ownership vs. Renting
84.1%
Owner-Occupied
15.9%
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:
$3,300/mo
Market Indicators (Redfin)
Median Days on Market
28 days
Sale-to-List Ratio
1.0%
Buyers market
Homes Sold
2
Price Drops
50.0%
of listings with price reduction
Price Per Sq Ft
$514
Active Inventory
2
homes for sale
Affordability & Housing Stock
Rent Burden
51.0%
of renters spending 30%+ of income on housing
65% above US avg (31.0%)
Median Year Built
1958
Average age of housing stock: 68 years
Homeownership Rate
84.1%
Complete Housing Data
Home Values
| Census Median Value | $735,900 |
| Zillow Home Value (ZHVI) | $923,272 |
| Median Sale Price | $1,407,500 |
| Median List Price | $1,299,949 |
| Price Per Sq Ft | $514 |
Rent
| Census Median Rent | $3,300 |
| 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 | 28 |
| Sale-to-List Ratio | 1.0% |
| Price Drops | 50.0% |
| Homes Sold | 2 |
| Active Inventory | 2 |
| Price Per Sq Ft | $514 |
Ownership & Stock
| Owner-Occupied | 84.1% |
| Renter-Occupied | 15.9% |
| Homeownership Rate | 84.1% |
| Total Housing Units | 1,399 |
| Median Year Built | 1958 |
| Rent Burden | 51.0% |