What is the median home value in Monmouth Junction, NJ?

The median value of owner-occupied homes in Monmouth Junction, NJ is $552,900 (±$75,805), as owners estimated it in the Census Bureau’s 2020–2024 American Community Survey.

In Monmouth Junction, the median home value went from $433,800 in 2015–2019 to $552,900 in 2020–2024 (+27.5%).

Prices (CPI-U) rose 22.7% over the same years; the change is not measurably different from the rise in prices.

Figures last updated on .

Median home value
$552,900 (±$75,805)
Owner-occupied homes
2,231 (±283)
Most common range
$500,000 to $999,999

Home values in Monmouth Junction

Owner-occupied homes by value, 2020–2024
ValueMonmouth JunctionMiddlesex CountyNew JerseyUnited States
Less than $50,0000.0% (±2.0 points)2.2%2.5%5.3%
$50,000 to $99,9991.0% (±1.1 points)1.2%1.8%6.1%
$100,000 to $149,9991.7% (±2.5 points)1.3%2.2%6.8%
$150,000 to $199,9990.0% (±2.0 points)1.9%4.3%9.0%
$200,000 to $299,9994.9% (±4.7 points)8.5%12.9%17.8%
$300,000 to $499,99937.2% (±9.7 points)43.9%34.2%26.9%
$500,000 to $999,99949.9% (±9.2 points)37.8%34.5%20.9%
$1,000,000 or more5.3% (±2.8 points)3.3%7.6%7.1%

The most common range is $500,000 to $999,999, 49.9% of owned homes.

Value is the owner’s own estimate of what the home and lot would sell for, not a sale price or an assessment.

Monmouth Junction against Middlesex County, its state and the nation

Estimate (90% margin of error)
Monmouth JunctionMiddlesex CountyNew JerseyUnited States
Median home value$552,900 (±$75,805)$462,900 (±$2,710)$454,400 (±$1,150)$332,700
Owner-occupied homes2,231 (±283)195,888 (±2,110)2,239,128 (±10,678)84,210,142

In Monmouth Junction, the median home value is higher than in Middlesex County ($462,900).

It is also higher than in New Jersey ($454,400).

It is higher than the national figure ($332,700).

In Middlesex County, Monmouth Junction ranks 10 of 31 places with a published estimate, from highest to lowest median home value.

Statewide, it ranks 63 of 248.

Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.

How home values in Monmouth Junction have changed since 2015–2019

2015–2019 and 2020–2024 American Community Survey 5-year estimates
2015–20192020–2024Amount of changeVerdict
Median home value$433,800 (±$47,242)$552,900 (±$75,805)+27.5%No measurable change after inflation
Median owner cost with a mortgage$3,032 (±$294)$3,297 (±$351)+8.7%No measurable change after inflation

The Census Bureau publishes 2015–2019 dollars in 2019 dollars and 2020–2024 dollars in 2024 dollars.

Prices (the CPI-U, US Bureau of Labor Statistics) rose 22.7% between 2019 and 2024, so a dollar figure’s verdict compares the two after raising the earlier one by that much, using the Census Bureau’s test for a difference.

The two periods do not overlap, as the Census Bureau recommends for 5-year estimates.

Median home value in places near Monmouth Junction

Nearest places with a published estimate, compared with Monmouth Junction
PlaceDistanceMedian home valueCompared with this place
Monmouth Junction—$552,900 (±$75,805)—
Heathcote1.5 mi$567,500 (±$46,238)Not measurably different
Kendall Park2.6 mi$590,300 (±$65,224)Not measurably different
Dayton2.6 mi$496,600 (±$24,423)Not measurably different
Princeton Meadows2.8 mi$665,700 (±$85,189)Not measurably different
Plainsboro Township2.9 mi$683,100 (±$42,640)Higher
Deans2.9 mi$790,200 (±$49,068)Higher
Kingston3.0 mi$475,900 (±$234,347)Not measurably different
Plainsboro Center3.6 mi$483,300 (±$143,018)Not measurably different

Nearby places with a measurably higher figure: Plainsboro Township, NJ ($683,100), Deans, NJ ($790,200).

Distance is measured in a straight line between the Census Bureau’s internal points for each place.

Median home value across Middlesex County, place by place

RankPlaceMedian home value
4Regency at Monroe$689,100 (±$33,386)
5Princeton Meadows$665,700 (±$85,189)
6Monroe Manor$656,800 (±$118,284)
7Stonebridge$646,800 (±$34,321)
8Kendall Park$590,300 (±$65,224)
9Heathcote$567,500 (±$46,238)
10Monmouth Junction$552,900 (±$75,805)
11Dayton$496,600 (±$24,423)
12Colonia$493,100 (±$10,983)
13Old Bridge$485,800 (±$14,134)
14Plainsboro Center$483,300 (±$143,018)
15Fords$438,000 (±$14,498)
16Port Reading$435,600 (±$20,091)

Showing 13 of 31 places in Middlesex County, ranked from highest to lowest.

Monmouth Junction is a census-designated place: an unincorporated community the Census Bureau draws for statistics, with no municipal government of its own.

It lies inside South Brunswick 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 Monmouth Junction

What is the average home value in Monmouth Junction, NJ?

The Census Bureau publishes the median: $552,900 (±$75,805) for owner-occupied homes in Monmouth Junction (2020–2024 American Community Survey).

Have home values in Monmouth Junction gone up?

In Monmouth Junction, the median home value went from $433,800 in 2015–2019 to $552,900 in 2020–2024 (+27.5%).

Prices (CPI-U) rose 22.7% over the same years; the change is not measurably different from the rise in prices.

Is this what homes in Monmouth Junction sell for?

No: it is the value owners reported, which tends to lag the market; recent sale prices and an appraisal answer that question.

Sources

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 Monmouth Junction CDP, New Jersey (place:47190, in state:34).

Each estimate (E or PE) has a margin of error beside it (M or PM).

The 2015–2019 figures are B25077_001E, B25077_001M, B25088_002E, B25088_002M, B25103_001E, B25103_001M from the 2019 release.

The API needs a free key.

Request a Census API key.

DP04_0089E, DP04_0089M, DP04_0046E, DP04_0046M, DP04_0081PE, DP04_0081PM, DP04_0082PE, DP04_0082PM, DP04_0083PE, DP04_0083PM, DP04_0084PE, DP04_0084PM, DP04_0085PE, DP04_0085PM, DP04_0086PE, DP04_0086PM, DP04_0087PE, DP04_0087PM, DP04_0088PE, DP04_0088PM

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 .

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