Housing data for Menlo Park Terrace, NJ
Menlo Park Terrace, NJ has an estimated 3,062 residents and 956 homes (US Census Bureau, 2020–2024 American Community Survey).
It is an unincorporated community in Middlesex County.
13.3% of households rent.
The median gross rent is $1,971 a month.
Figures last updated on .
- Residents
- 3,062 (±340)
- Housing units
- 956 (±82)
- Households that rent
- 13.3%
- Median gross rent
- $1,971
What stands out in Menlo Park Terrace
Households that rent: 13.3% (±4.9 points) in Menlo Park Terrace, lower than in Middlesex County (36.4%).
Homes built before 1980: 93.8% (±13.3 points) in Menlo Park Terrace, higher than in Middlesex County (57.4%).
Homes in buildings of 5 or more units: 12.4% (±7.4 points) in Menlo Park Terrace, lower than in Middlesex County (24.0%).
Working from home: 12.8% (±5.0 points) in Menlo Park Terrace, lower than in Middlesex County (18.1%).
- Renters and owners in Menlo Park Terrace
- Age of homes in Menlo Park Terrace
- Types of homes in Menlo Park Terrace
- Commute and cars in Menlo Park Terrace
Housing in Menlo Park Terrace at a glance
- Median rent: $1,971 median gross rent a month
- Rent burden: 61.0% of renters pay 30% or more of income (Small sample: wide margin of error)
- Renters and owners: 13.3% of households rent
- Income and affordability: $110,278 median household income
- Home values: $427,400 median home value
- Homeowner costs: $2,924 median monthly cost with a mortgage
- Property taxes: $9,837 median real estate taxes a year
- Types of homes: 12.4% of homes are in buildings of 5 or more units
- Bedrooms: 82.6% of homes have 3 or more bedrooms (Small sample: wide margin of error)
- Age of homes: 93.8% of homes were built before 1980
- Vacancy rate: 0.0% rental vacancy rate (Small sample: wide margin of error)
- Heating fuel: 80.9% heat with utility gas
- Commute and cars: 28.1 minutes average trip to work
- How long people stay: 16.1% moved in since 2020
- Crowding and facilities: 6.2% of homes have more than 1 person per room (Small sample: wide margin of error)
Menlo Park Terrace against Middlesex County, its state and the nation
| Menlo Park Terrace | Middlesex County | New Jersey | United States | |
|---|---|---|---|---|
| Residents | 3,062 (±340) | 871,290 (exact) | 9,343,809 (exact) | 334,922,499 |
| Housing units | 956 (±82) | 317,979 (±208) | 3,791,354 (±469) | 143,775,355 |
| Households that rent | 13.3% (±4.9 points) | 36.4% (±0.6 points) | 36.2% (±0.2 points) | 34.8% |
| Median gross rent | $1,971 (±$235) | $1,871 (±$20) | $1,720 (±$7) | $1,413 |
| Median household income | $110,278 (±$24,911) | $111,549 (±$1,881) | $103,556 (±$513) | $80,734 |
| Median home value | $427,400 (±$13,407) | $462,900 (±$2,710) | $454,400 (±$1,150) | $332,700 |
| Median real estate taxes (a year) | $9,837 (±$571) | $9,712 (±$68) | $9,590 (±$25) | $3,119 |
| Built before 1980 | 93.8% (±13.3 points) | 57.4% (±1.0 points) | 62.8% (±0.3 points) | 49.7% |
| Average commute | 28.1 minutes (±4.3) | 31.2 minutes (±0.4) | 30.5 minutes (±0.1) | 26.4 minutes |
| Households with broadband | 96.4% (±2.5 points) | 94.3% (±0.4 points) | 92.8% (±0.1 points) | 91.0% |
| Median age of residents | 39.9 years (±4.5) | 39.5 years (±0.3) | 40.1 years (±0.1) | 38.9 years |
Menlo Park Terrace covers 0.4 square miles of land, about 8,231 residents per square mile (Census Bureau Gazetteer).
Crime reported to police in Middlesex County
Menlo Park Terrace has no police department of its own in the FBI’s figures, so this is the figure for Middlesex County as a whole.
In 2023, the police departments that report for Middlesex County recorded 202 violent and 1,439 property crimes per 100,000 residents.
A county-wide figure describes the whole county, not this place; crime varies from one community to the next.
ZIP codes in Menlo Park Terrace
| ZIP code | Share of the ZIP’s land in this place | Residents | Median gross rent | Median home value | Median household income |
|---|---|---|---|---|---|
| 08840 | 11% | 18,206 | $2,058 | $560,100 | $146,635 |
A ZIP code is a mail route rather than a boundary, so the Census Bureau publishes figures for ZIP Code Tabulation Areas built from census blocks; the share column says how much of each one’s land lies in this place.
Places near Menlo Park Terrace
| Place | Distance | Median gross rent | Median home value | Households that rent |
|---|---|---|---|---|
| Iselin | 1.2 mi | $2,113 | $426,800 | 34.7% |
| Fords | 1.3 mi | $1,913 | $438,000 | 28.3% |
| Woodbridge | 2.0 mi | $2,091 | $390,000 | 47.4% |
| Metuchen Borough | 2.2 mi | $2,078 | $604,300 | 25.4% |
| Hopelawn | 2.3 mi | $1,272 | $372,100 | 37.5% |
| Colonia | 2.6 mi | $2,047 | $493,100 | 11.1% |
| Keasbey | 2.8 mi | $1,685 | $278,800 | 80.0% |
| Avenel | 3.5 mi | $1,906 | $401,000 | 47.7% |
Places in New Jersey most like Menlo Park Terrace
| Place | Median gross rent | Median home value | Median household income | Households that rent |
|---|---|---|---|---|
| Rochelle Park Township | $1,819 | $498,500 | $110,380 | 22.6% |
| Wanamassa | $2,066 | $570,100 | $140,972 | 15.8% |
| Pompton Lakes Borough | $1,845 | $442,400 | $124,454 | 19.6% |
| Manville Borough | $1,844 | $354,300 | $93,333 | 23.0% |
| Allentown Borough | $1,671 | $415,600 | $120,714 | 27.8% |
| Fords | $1,913 | $438,000 | $115,861 | 28.3% |
Matched on rent, home value, income, the share who rent, the age of the homes, the share in apartment buildings and the commute, each measured against the spread across New Jersey.
HUD Fair Market Rent for Menlo Park Terrace, fiscal year 2027
| Studio | 1 bedroom | 2 bedrooms | 3 bedrooms | 4 bedrooms |
|---|---|---|---|---|
| $1,953 | $2,103 | $2,623 | $3,125 | $3,508 |
HUD income limits for Menlo Park Terrace, fiscal year 2026
| Household size | Extremely low (30%) | Very low (50%) | Low (80%) |
|---|---|---|---|
| 1 person | $32,550 | $54,200 | $80,200 |
| 2 people | $37,200 | $61,950 | $91,700 |
| 3 people | $41,850 | $69,700 | $103,150 |
| 4 people | $46,450 | $77,400 | $114,600 |
| 5 people | $50,200 | $83,600 | $123,800 |
| 6 people | $53,900 | $89,800 | $132,950 |
| 7 people | $57,600 | $96,000 | $142,150 |
| 8 people | $61,350 | $102,200 | $151,300 |
These are the limits HUD sets for its housing programs in the Middlesex-Somerset-Hunterdon, NJ HUD Metro FMR Area, where HUD’s median family income for fiscal year 2026 is $154,800.
A program can use its own limits; tax-credit and local programs often do.
Menlo Park Terrace is a census-designated place: an unincorporated community the Census Bureau draws for statistics, with no municipal government of its own.
It lies inside Woodbridge Township, whose figures include it.
Survey years: 2020–2024 (American Community Survey 5-year estimates), compared with 2015–2019.
Margins of error are at the 90% confidence level.
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Questions about Menlo Park Terrace
What is the average rent in Menlo Park Terrace, NJ?
The Census Bureau publishes the median rather than the average: the median gross rent in Menlo Park Terrace is $1,971 (±$235) a month (2020–2024 American Community Survey), so half of renting households pay less and half pay more.
How many renters are there in Menlo Park Terrace?
Menlo Park Terrace has an estimated 123 (±45) renting households, 13.3% of its occupied homes (2020–2024 American Community Survey).
What is the median household income in Menlo Park Terrace?
The median household income in Menlo Park Terrace is $110,278 (±$24,911) a year (2020–2024 American Community Survey).
What is the average home value in Menlo Park Terrace, NJ?
The Census Bureau publishes the median: $427,400 (±$13,407) for owner-occupied homes in Menlo Park Terrace (2020–2024 American Community Survey).
What is the average mortgage payment in Menlo Park Terrace?
The Census Bureau publishes total owner costs rather than the mortgage alone: the median for owners with a mortgage in Menlo Park Terrace, NJ is $2,924 (±$209) a month, including taxes, insurance and utilities.
How much are property taxes in Menlo Park Terrace?
The median real estate tax paid by homeowners in Menlo Park Terrace, NJ is $9,837 (±$571) a year (2020–2024 American Community Survey).
What ZIP codes are in Menlo Park Terrace?
The ZIP code that covers Menlo Park Terrace is 08840.
What is the median rent in ZIP code 08840?
The median gross rent in ZIP Code Tabulation Area 08840 is $2,058 (±$171) a month (2020–2024 American Community Survey).
Sources
- Demographic and Housing Estimates (DP05), 2020–2024 ACS 5-year estimates — Menlo Park Terrace CDP, New Jersey
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Menlo Park Terrace CDP, New Jersey
- Selected Economic Characteristics (DP03), 2020–2024 ACS 5-year estimates — Menlo Park Terrace CDP, New Jersey
- Median Real Estate Taxes Paid by Mortgage Status (B25103), 2020–2024 ACS 5-year estimates — Menlo Park Terrace CDP, New Jersey
- Selected Social Characteristics (DP02), 2020–2024 ACS 5-year estimates — Menlo Park Terrace CDP, New Jersey
- Total Population (B01003), 2015–2019 ACS 5-year estimates — Menlo Park Terrace CDP, New Jersey
- Median Gross Rent (B25064), 2015–2019 ACS 5-year estimates — Menlo Park Terrace CDP, New Jersey
- HUD Fair Market Rents, fiscal year 2027: Middlesex-Somerset-Hunterdon, NJ HUD Metro FMR Area
- HUD Income Limits, fiscal year 2026: Middlesex-Somerset-Hunterdon, NJ HUD Metro FMR Area
- US Census Bureau, American Community Survey 2020–2024 5-year estimates for ZIP Code Tabulation Areas
- Consumer Price Index for All Urban Consumers (CPI-U), US city average, all items, US Bureau of Labor Statistics: annual averages 2019 and 2024
- US Census Bureau, 2024 Gazetteer Files
To check these figures in the Census Bureau’s own API, request the variables below from the 2024 ACS 5-year data profile (acs/acs5/profile) for Menlo Park Terrace CDP, New Jersey (place:45450, in state:34).
Each estimate (E or PE) has a margin of error beside it (M or PM).
The 2015–2019 figures are B01003_001E, B01003_001M, B25064_001E, B25064_001M from the 2019 release.
The API needs a free key.
DP05_0001E, DP05_0001M, DP04_0001E, DP04_0001M, DP04_0047PE, DP04_0047PM, DP04_0134E, DP04_0134M, DP03_0062E, DP03_0062M, DP04_0089E, DP04_0089M
This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.
Figures are published by the US Census Bureau, HUD, the Bureau of Labor Statistics and the FBI; Seayora reproduces them and does not adjust them, except where a sentence says it compares dollar figures after inflation. They describe the whole place, not any one building or street, and are not an appraisal, a rent determination, a tax bill, a safety rating or legal advice.
Figures last updated on .