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City · 9,141 residents · Middlesex County, New Jersey

Monmouth Junction , New Jersey

In Monmouth Junction, a typical home is worth $552,900 and typical rent is $1,935 a month. Compared with all of Middlesex County, typical household income is 20% higher and the typical home value is 19% higher.

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  • Typical home value

    $552,900

    19% above the county

    22% above New Jersey

    • Monmouth Junction
    • Middlesex
    • New Jersey

  • Typical rent

    $1,935a month

    3% above the county

    13% above New Jersey

    • Monmouth Junction
    • Middlesex
    • New Jersey

  • Typical household income

    $133,585a year

    20% above the county

    29% above New Jersey

    • Monmouth Junction
    • Middlesex
    • New Jersey

  • Households that own their home

    64%

    1 points above the county

    About the same as New Jersey

    • Monmouth Junction
    • Middlesex
    • New Jersey

Source: U.S. Census Bureau, Average 2020–2024

Market now, with Zillow data

Zillow data
Typical home value
$693,854
1.2% more than 12 months ago
Typical rent
$2,486 a month
0.7% more than 12 months ago

From Zillow (ZHVI/ZORI), September 2026. The Census figures above are 5-year averages (2020–2024).

Monmouth Junction is in Middlesex County. The FHA loan limit ($1,249,125 for a one-unit home), the fair market rents and the help on this page are those of all of Middlesex County. See the county

Data updated: October 1, 2026 11 official sources

Only here

What sets Monmouth Junction apart

What this place has that others do not, from public data, most unusual first.

  1. Monmouth Junction has the 3rd smallest share of rent-burdened renters of the 249 cities in New Jersey with more than 5,000 people (29%).

  2. Nearby, in Franklin Park, the typical home value is $336,600: 39% less than in Monmouth Junction ($552,900).

  3. Nearby, in Heathcote, the typical rent is $1,623: 16% less than in Monmouth Junction ($1,935).

  4. The typical household income in Monmouth Junction is $133,585, 20% more than in Middlesex County as a whole ($111,549).

  5. The typical home in Monmouth Junction is worth $552,900, 19% more than in Middlesex County as a whole ($462,900).

Sources: U.S. Census Bureau (Average 2020–2024).

The homes here

Housing in Monmouth Junction

What homes there are in Monmouth Junction, what they cost, how that changed and how people live, from Census figures (2020–2024).

What homes there are

U.S. Census Bureau, ACS 5-year, 2020–2024

Kind of home

Homes in Monmouth Junction are varied: detached houses are the largest group, at 39%, against 52% in Middlesex County.

Year built

Here half of the homes date from 1992 or later; in Middlesex County, from 1974 or later.

There are fewer big homes in Monmouth Junction than in Middlesex County: 51% have 3 bedrooms or more, against 56%.

All homes, occupied or empty. A figure the Census cannot measure precisely enough here is not shown.

Census tables: B25024, B25034, B25035, B25041

What it costs here

U.S. Census Bureau, ACS 5-year, 2020–2024

Value of owner-occupied homes
Monthly rent with utilities

With a mortgage

$3,297 a month

Middlesex County: $2,877 a month

Owners with a mortgage

62%

Middlesex County: 63%

Value: what owners think their home is worth. Rent: rent plus utilities, for homes of every size. The FHA limit is the most an FHA loan (Federal Housing Administration) lends for a one-unit home; the fair market rent (FMR) is the one HUD uses for housing vouchers.

Census tables: B25075, B25063, B25088, B25081

How it changed

U.S. Census Bureau, ACS 5-year, 2015–2019 and 2020–2024

Change since 2015–2019

Monmouth Junction does not have the same boundaries as in 2015–2019: that is why there is no change to compare. For reference, in Middlesex County the typical home value rose 35%.

Change between two 5-year periods that do not overlap, in each period's dollars, not adjusted for inflation.

Census tables: B25077, B25064, B19013

How people live

U.S. Census Bureau, ACS 5-year, 2020–2024

MeasureMonmouth JunctionMiddlesex CountyNew JerseyUnited States
Rental vacancy Unreliable estimate2.4%3.5%5.5%
Homeowner vacancy Unreliable estimate0.4%0.7%0.9%
More than one person per room Unreliable estimate5.5%4.0%3.4%
People per household 2.632.752.622.53
Drive alone 66%61%62%69%
Carpool Unreliable estimate8%8%9%
Public transit Unreliable estimate6%8%3%
Walk or bike Unreliable estimate3%3%3%
Work from home 27%18%17%15%
Other means Unreliable estimate4%2%2%
Typical commute Unreliable estimate20 to 29 minutes20 to 29 minutes20 to 29 minutes

Much as in Middlesex County, a household in Monmouth Junction has 2.63 people on average.

In Monmouth Junction, 27% of workers work from home, more than in Middlesex County (18%).

Vacancy: empty homes offered for rent or for sale. Rooms: every room in the home, not only bedrooms. Commute: the minute range of the typical worker.

Census tables: B25004, B25003, B25014, B25010, B08301, B08303

Do the math

What would you pay each month for a home in Monmouth Junction?

A typical home costs more than the typical income allows

We start with a typical home in Monmouth Junction, worth $552,900, an FHA loan with 3.5% down and the latest average rate (7.18%). That payment would take 45% of the typical household income in Monmouth Junction, which is $133,585 a year. For that payment to be 28% of income, a household would need to earn about $213,710 a year.

The calculator's FHA and conventional loan limits are those of all of Middlesex County.

Your numbers

Local data
$

Starts at the typical home value in Monmouth Junction. Change it to the price you have in mind.

Loan type
Your credit score

Your score changes which loans apply and FHA's minimum down payment. Your real rate also depends on your credit.

Down payment
%

That is $19,352 (3.5% of the price). The usual minimum for this loan is 3.5%.

This week's average ± a quarter or half point.

Term

National average as of November 5, 2026 (Freddie Mac); your rate may be different.

Adjust advanced details

Estimated monthly payment

Local data

$4,987

at 7.18% · 30 years

Loan amount
$542,885
Total interest
$781,084
Paid off in
November 2056

Includes $9,337 FHA upfront mortgage insurance premium.

Does it fit the income?

  • Comfortable

    up to $3,117 a month

  • Tight

    $3,117 to $4,008 a month

  • Hard

    more than $4,008 a month

    Your payment · 45%

Compared with the typical household income in Monmouth Junction ($133,585 a year). Reference: HUD calls paying more than 30% of income for housing a cost burden.

Show the result as
per month$4,987
Principal & interest$3,678
Property tax$834
Home insurance$230
FHA mortgage insurance (MIP)$245

You need at least $19,352 for the down payment, plus closing costs.

Next step

This is an estimate to give you an idea, not a loan offer. Your real payment depends on your rate, your credit, and the insurance and taxes on the home you buy.

The city and its county

Monmouth Junction and Middlesex County

Monmouth Junction is in Middlesex County, New Jersey. The U.S. Census Bureau publishes its own numbers for the city: home values, rent, household income, how many households own their home and the property tax. They are American Community Survey estimates (average 2020–2024).

Monmouth Junction's own numbers

Typical home value
$552,900
Typical monthly rent
$1,935
Typical yearly household income
$133,585
Households that own their home
64%
Effective property tax rate
1.81%

U.S. Census Bureau, American Community Survey (average 2020–2024).

Numbers for all of Middlesex County

FHA limit, one-unit home
$1,249,125
Conventional limit, one unit
$1,209,750
HUD fair market rent, 2 bedrooms
$2,623
Price change over 5 years (FHFA)
+62%
Homes in a high flood-risk zone
1.1%

HUD, FHFA and FEMA don't publish these numbers by city.

Other numbers are not published by city, only for the whole county: FHA and conventional loan limits, HUD’s fair market rents, FHFA’s price index and FEMA’s flood data. On this page, those numbers always say they are for all of Middlesex County.

Everything about Middlesex County

Buying

Buying a home in Monmouth Junction

A typical home in Monmouth Junction is worth $552,900: 19% above the county and 22% above New Jersey. With the typical household income in Monmouth Junction ($133,585 a year), a typical home costs 4.1 times what the household earns in a year.

Years of income to pay for a typical home

The typical home value divided by the typical household income for one year. The lower it is, the less buying weighs.

  • Monmouth Junction 4.1 years
  • Middlesex 4.1 years
  • New Jersey 4.4 years
  • United States 4.1 years
Source: U.S. Census Bureau, Average 2020–2024

How prices have changed in Middlesex County

According to FHFA’s house price index, home prices in Middlesex County rose 89% in the 10 years through 2025.

FHFA does not publish this index by city: these are the numbers for all of Middlesex County.

Period County New Jersey U.S.
Last year (2025) +6.1% +6.2% +2.9%
5 years (2020–2025) +62% +63% +47%
10 years (2015–2025) +89% +88% +85%

The index follows the price of the same homes over time (sales and appraisals with Fannie Mae and Freddie Mac loans). It is not the average price of a home. FHFA considers its annual county indexes experimental. Source: FHFA, 2025 data

Monmouth Junction next to Middlesex County, New Jersey and the U.S.

Three numbers side by side. “Typical” means the median: half are above it and half below.

Typical home value
  • Monmouth Junction $552,900
  • Middlesex $462,900
  • New Jersey $454,400
  • United States $332,700
Typical monthly rent
  • Monmouth Junction $1,935
  • Middlesex $1,871
  • New Jersey $1,720
  • United States $1,413
Typical yearly household income
  • Monmouth Junction $133,585
  • Middlesex $111,549
  • New Jersey $103,556
  • United States $80,734
See the full table
Monmouth Junction next to Middlesex County and New Jersey
Measure Monmouth Junction Middlesex County New Jersey U.S.
Typical home value $552,900 $462,900 $454,400 $332,700
Typical monthly rent $1,935 $1,871 $1,720 $1,413
Typical yearly household income $133,585 $111,549 $103,556 $80,734
Households that own their home 64% 64% 64% 65%
Typical yearly property tax $10,001 $9,712 $9,590 $3,119
Effective property tax rate 1.81% 2.1% 2.11% 0.94%
Renters with high rent for their income 29% 48% 52% 51%

“Typical” means the median: half are above and half are below. ▲ and ▼ say whether the city is above or below Middlesex County. “High rent” is the Census measure: renter households that pay 30% or more of their income in rent.

Four ways to pay for a typical home in Monmouth Junction

For a typical $552,900 home in Monmouth Junction, at Freddie Mac's average rate (7.18% as of November 5, 2026) over 30 years. The monthly payment adds principal and interest, Monmouth Junction's typical property tax, an example home insurance and mortgage insurance when it applies.

  • FHA, 3.5% down $4,987a month

    Least cash to close
    Down payment
    $19,352
    Cash to close
    $35,939
    Rate
    7.18%
    Mortgage insurance
    FHA MIP · $245

  • Conventional, 5% down $4,885a month

    Down payment
    $27,645
    Cash to close
    $44,232
    Rate
    7.18%
    Mortgage insurance
    PMI · $263

  • Conventional, 20% down, no PMI $4,061a month

    Down payment
    $110,580
    Cash to close
    $127,167
    Rate
    7.18%
    Mortgage insurance
    None

  • ITIN, 15% down (example) $4,572a month

    Down payment
    $82,935
    Cash to close
    $99,522
    Rate
    8.18%
    Mortgage insurance
    None

The option that asks for the least cash to close is FHA, 3.5% down.

  • Cash to close = down payment plus 3% of the price in closing costs (example).
  • Minimum score: FHA requires 580 or higher for the minimum down payment (HUD Handbook 4000.1). * Fannie Mae requires 620 when a loan is underwritten by hand; its automated system has no fixed minimum.
  • The ITIN row is an example with a rate 1 percentage point higher: ITIN loans follow no federal rule and each lender sets its own down payment and rate. Nothing in this table promises an approval.

How much house can I afford? Estimate closing costs

Taxes and floods

Two costs that change from place to place

Property tax and flood insurance raise or lower what you pay each month. Here are the numbers for Monmouth Junction and for Middlesex County.

Property tax

Effective rate in Monmouth Junction

1.81%of the home’s value each year

$10,001 a year for the typical owner in Monmouth Junction.

  • Monmouth Junction 1.81%
  • Middlesex 2.1%
  • New Jersey 2.11%

What New Jersey publishes ANCHOR, Senior Freeze and Stay NJ: one combined application (New Jersey Division of Taxation)

Exemptions and deadlines in New Jersey

Flood risk in Middlesex County

FEMA does not publish these numbers by city: they are for all of Middlesex County.

Homes in the high-risk zone
1.1%
2,391
Of those, with NFIP insurance
54%
County New Jersey U.S.
Homes in the high-risk zone 1.1% 6.7% 3.5%
Of those, with NFIP insurance 54% 63% 48%

Most homeowners insurance policies do not cover flood damage.

Look up your address on FEMA’s map

Renting

Renting in Monmouth Junction

Typical rent in Monmouth Junction is $1,935 a month: 3% above the county. In Monmouth Junction, 29% of renter households pay 30% or more of their income in rent.

HUD publishes a fair market rent for all of Middlesex County, by unit size. To pay the 2-bedroom one ($2,623 a month) without spending more than 30% of your income, you would need to earn $50.44 an hour working full time.

HUD fair market rent for all of Middlesex County

What you need to earn to pay it without spending more than 30% of income, working full time.

Size Fair rent a month Hourly wage Yearly income
Studio $1,953 $37.56 $78,120
1 bedroom $2,103 $40.44 $84,120
2 bedrooms $2,623 $50.44 $104,920
3 bedrooms $3,125 $60.10 $125,000
4 bedrooms $3,508 $67.46 $140,320

Includes basic utilities. It isn't the lowest or highest rent: it's a reference point. Source: HUD, Fiscal year 2027

By ZIP code

Fair market rent by ZIP code in Monmouth Junction

HUD also publishes a fair market rent for each ZIP code (Small Area FMR, fiscal year 2027). Monmouth Junction is in ZIP code 08852.

For 2 bedrooms it is $2,690: $67 more than the fair market rent for Middlesex County ($2,623).

  • 08852 $2,690$3,210

1 of these ZIP codes crosses the city line: HUD sets the rent by ZIP code, not by city. A ZIP code counts for Monmouth Junction when at least 50% of its land is inside the city or it covers at least 15% of the city (Census 2020 boundaries). Source: Small Area Fair Market Rents (HUD) Fiscal year 2027 Small Area Fair Market Rents (HUD) Source: Census Bureau ZCTA-to-place relationship file Data from 2020 data Census Bureau ZCTA-to-place relationship file

Is your rent high for your ZIP?

Low-income apartments

Low-income apartments in Monmouth Junction

HUD lists 5 buildings with rents for lower incomes in Monmouth Junction. These are the largest.

  • South Brunswick Mixed- Income 211 Henderson Rd, Monmouth Junction 116 homes, 87 low-income
  • Oak Woods Sr. Cit. Housing 700 Woods Ln, Monmouth Junction 08852 74 homes, 73 low-income · For older adults
  • CIL WOODS Inc. 600 Woods Ln, Monmouth Junction 08852 11 low-income homes · For people with disabilities
  • Woodhaven Terrace 100 Woodhaven Dr, Monmouth Junction 40 homes · In service since 2006
  • Woodhaven Terrace/Deans Apartments #05912 100 Woodhaven Dr, Monmouth Junction 08852 40 homes · In service since 2006

See all 123 buildings in Middlesex County Source: HUD, Retrieved November 6, 2026

Free help

Help to buy or rent in Monmouth Junction

You do not have to do this alone. A HUD-approved housing counseling agency helps for free or at low cost: getting ready to buy, understanding your credit, or solving a problem with your rent.

There are 3 HUD-approved agencies with an office in Middlesex County; 2 say they serve in Spanish.

A grandmother pushes her grandson on a playground swing.

HUD counseling is free or low-cost

Assistance programs in Monmouth Junction

No down payment, repair or rent-help program on our list is for Monmouth Junction or Middlesex County. The ones below are statewide in New Jersey: they work in Monmouth Junction the same as in the rest of the state.

Which programs do I qualify for? All programs in New Jersey

Housing counselors near Monmouth Junction

The HUD-approved agencies closest to the center of Monmouth Junction, in a straight line, nearest first. If one says it serves in Spanish, its card says so.

  • Puerto Rican Action Board, Inc.

    754 Route 18, East Brunswick · 10 miles away · Spanish

    • Mortgage delinquency and default
    • Mortgage delinquency workshops
    • and 7 more
    (732) 832-7535

  • Central Jersey Housing Resource Center, Inc.

    92 E Main St, Somerville · 13 miles away · Spanish

    • Mortgage delinquency and default
    • Budget and credit workshops
    • and 7 more
    (908) 446-0036

  • Navicore Solutions

    200 US Highway 9, Manalapan · 14 miles away · Spanish

    • Mortgage delinquency and default
    • Budget and financial counseling
    • and 5 more
    (732) 409-6281

Every agency in Middlesex County All counseling agencies in New Jersey

Help in Spanish near Monmouth Junction

3 of the 3 agencies on this list say they serve in Spanish.

Ask for service in Spanish

When you call, say “Spanish, please” or ask if someone speaks Spanish. If not, ask whether they offer an interpreter.

Housing authorities of Monmouth Junction

In HUD’s record, no housing authority with an office in Middlesex County is named for Monmouth Junction or Middlesex County.

9 other authorities have an office in Middlesex County: see the list Source: HUD

Cities

Other cities in Middlesex County

These cities are also in Middlesex County. They share its loan limits and fair market rents, but home values and rent change from one to the next.

Everything about Middlesex County Housing in New Jersey
See 15 more cities in Middlesex County, with prices and rents

Every city has its own page with prices, rents and help.

Nearby cities

The cities closest to Monmouth Junction, with the typical home value.

Neighboring counties

If Middlesex County is out of reach, look next door. Each number is that county's own.

Keep going

Guides for your next step

Short explanations, in plain language and with official sources, for buying or renting in Monmouth Junction.

All guides
Three women of one family talk as they cook vegetables in the kitchen.

Questions

Housing questions about Monmouth Junction

Short answers with the numbers for Monmouth Junction and all of Middlesex County. If your case is different, a HUD-approved counseling agency can guide you for free or at low cost.

How much does a typical home cost in Monmouth Junction?

The typical home value in Monmouth Junction is $552,900, according to the U.S. Census Bureau (average 2020–2024). For comparison, in Middlesex County it is $462,900.

How much does it cost to rent in Monmouth Junction?

Typical rent in Monmouth Junction is $1,935 a month, according to the U.S. Census Bureau. HUD’s fair market rent for 2 bedrooms in Middlesex County is $2,623.

What is the FHA loan limit in Monmouth Junction?

Monmouth Junction uses the FHA limit for all of Middlesex County (2026): $1,249,125 for a one-unit home and $2,402,625 for a four-unit home.

How much property tax do owners pay in Monmouth Junction?

The typical homeowner in Monmouth Junction pays $10,001 a year, according to the U.S. Census Bureau. That is 1.81% of the home’s value; in Middlesex County, the rate is 2.1%.

Where can I find free help to buy or rent in Monmouth Junction?

There are 3 HUD-approved counseling agencies with an office in Middlesex County. 2 say they serve in Spanish. They can help you get ready to buy, with your credit, or with rent.

Sources: American Community Survey (ACS) 5-year estimates (Average 2020–2024); FHA mortgage limits (HUD) (2026 data); Conforming loan limits (FHFA) (2026 data); Fair Market Rents (HUD) (Fiscal year 2027); Small Area Fair Market Rents (HUD) (Fiscal year 2027); Census Bureau ZCTA-to-place relationship file (2020 data); HUD-approved housing counseling agencies (Retrieved November 6, 2026); Public Housing Agencies (HUD) (Retrieved November 6, 2026); Freddie Mac Primary Mortgage Market Survey (PMMS) (As of November 5, 2026); FHFA House Price Index (HPI) (2025 data); Homes with flood insurance (NFIP, FEMA) (As of August 3, 2026).