Zip 08852 (Monmouth Junction, NJ) Housing

The housing market in Monmouth Junction, NJ (08852) is doing quite well. The median value of a house there is $519,800, which is much higher than the US median value of $338,100. In addition, it has experienced a 10.79% 1-year appreciation rate, which is significantly higher than the 8.27% national average. This indicates that Monmouth Junction is an attractive place for people looking to invest in real estate or buy a home as its appreciation rate and housing values are both higher than the national averages.

The median home cost in Monmouth Junction (zip 08852) is $519,800. Home appreciation the last 10 years has been 60.4%. Home Appreciation in Monmouth Junction (zip 08852) is up 15.1%.

Average Age of Homes

- The median age of Monmouth Junction (zip 08852) real estate is 29 years old

The Rental Market in Monmouth Junction (zip 08852)

- Renters make up 33.8% of the Monmouth Junction (zip 08852) population
- 0.0% of houses and apartments in Monmouth Junction (zip 08852), are available to rent

DID YOU KNOW

Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.

Median Monthly Rent by Number of Bedrooms

Housing by Year Built

Housing	Monmouth Junction, New Jersey	United States
	7,331.0	139,647,020.0
	31	42
	$519,800	$338,100
	15.1%	16.6%
	43.3%	57.0%
	60.4%	101.1%
	$23.29	$10.98
	$9,908	$2,690
	66.2%	57.4%
	2.6%	11.2%
	31.2%	31.4%
Vacant Housing
	0.0%	1.9%
	0.5%	0.4%
	0.7%	0.7%
	0.8%	0.4%
	0.0%	3.6%
	0.6%	4.1%
Value of Owner-Occupied Housing
	3.2%	2.6%
	2.5%	2.4%
	0.0%	2.8%
	1.1%	3.9%
	0.1%	4.5%
	0.5%	11.3%
	5.4%	13.0%
	17.0%	20.1%
	16.0%	13.6%
	15.9%	8.3%
	24.6%	9.7%
	10.6%	3.9%
	2.1%	2.2%
	0.3%	0.8%
	0.5%	1.1%
Housing Units by Year Structure Built
	0.2%	0.2%
	10.4%	13.6%
	10.4%	13.6%
	31.3%	13.6%
	30.3%	13.2%
	8.9%	14.8%
	31.3%	13.6%
	1.1%	10.0%
	0.6%	4.7%
	3.8%	12.2%

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