How much do homeowners pay a month in Monmouth Junction, NJ?

Name: Homeowner costs in Monmouth Junction, NJ, 2020–2024
Creator: US Census Bureau
License: https://www.census.gov/data/developers/about/terms-of-service.html

Homeowners with a mortgage in Monmouth Junction, NJ pay a median of $3,297 (±$351) a month in selected owner costs (2020–2024 American Community Survey).

Owners without a mortgage pay $1,500 or more.

61.8% of owned homes carry a mortgage.

In Monmouth Junction, the median monthly cost with a mortgage went from $3,032 in 2015–2019 to $3,297 in 2020–2024 (+8.7%).

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 November 12, 2026.

With a mortgage: $3,297 (±$351)
Without a mortgage: $1,500 or more
Owned with a mortgage: 61.8%

Monthly owner costs in Monmouth Junction

Median selected monthly owner costs, estimate (90% margin of error)
	Monmouth Junction	Middlesex County	New Jersey	United States
With a mortgage	$3,297 (±$351)	$2,877 (±$24)	$2,829 (±$8)	$1,963
Without a mortgage	$1,500 or more	$1,242 (±$14)	$1,232 (±$6)	$638
Owned homes with a mortgage	61.8% (±7.5 points)	63.1% (±0.7 points)	63.9% (±0.2 points)	60.6%
Median real estate taxes (a year)	$10,000 or more	$9,712 (±$68)	$9,590 (±$25)	$3,119

Selected monthly owner costs are the mortgage payment, property taxes, insurance, utilities, fuels and any condominium or mobile-home fees.

In Monmouth Junction, the median cost with a mortgage is higher than in Middlesex County ($2,877).

It is also higher than in New Jersey ($2,829).

It is higher than the national figure ($1,963).

In Middlesex County, Monmouth Junction ranks 8 of 31 places with a published estimate, from highest to lowest median monthly cost with a mortgage.

Statewide, it ranks 46 of 247.

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

How owner costs in Monmouth Junction have changed since 2015–2019

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

Nearest places with a published estimate, compared with Monmouth Junction
Place	Distance	Median monthly cost with a mortgage	Compared with this place
Monmouth Junction	—	$3,297 (±$351)	—
Heathcote	1.5 mi	$3,585 (±$671)	Not measurably different
Kendall Park	2.6 mi	$3,510 (±$452)	Not measurably different
Dayton	2.6 mi	$3,288 (±$148)	Not measurably different
Princeton Meadows	2.8 mi	$3,654 (±$697)	Not measurably different
Plainsboro Township	2.9 mi	$3,791 (±$279)	Higher
Deans	2.9 mi	$4,000 or more	—
Kingston	3.0 mi	$2,765 (±$1,551)	Not measurably different
Plainsboro Center	3.6 mi	$2,956 (±$836)	Not measurably different

Nearby places with a measurably higher figure: Plainsboro Township, NJ ($3,791).

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

Median monthly cost with a mortgage across Middlesex County, place by place

Rank	Place	Median monthly cost with a mortgage
2	Cranbury	$3,947 (±$407)
3	Monroe Manor	$3,855 (±$396)
4	Forsgate	$3,713 (±$436)
5	Princeton Meadows	$3,654 (±$697)
6	Heathcote	$3,585 (±$671)
7	Kendall Park	$3,510 (±$452)
8	Monmouth Junction	$3,297 (±$351)
9	Dayton	$3,288 (±$148)
10	Regency at Monroe	$3,189 (±$541)
11	Colonia	$3,130 (±$110)
12	Sewaren	$3,039 (±$512)
13	Plainsboro Center	$2,956 (±$836)
14	Menlo Park Terrace	$2,924 (±$209)

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.

What you can do on Seayora in Monmouth Junction

One account for renting, owning, managing and fixing homes, with these figures beside you.

Own or manage a rental?

List it, sign the lease and collect rent online, with the figures for Monmouth Junction beside you.

Create a landlord account · See what landlords get

Looking for a place to rent?

Browse homes for rent near Monmouth Junction, save the ones you like and apply online.

Browse rentals · Create a renter account

Do repairs, renovations or maintenance?

Get found by owners and renters near Monmouth Junction, and send estimates and invoices from your phone.

Join as a pro · Find a pro

Questions about Monmouth Junction

What is the average mortgage payment in Monmouth Junction?

The Census Bureau publishes total owner costs rather than the mortgage alone: the median for owners with a mortgage in Monmouth Junction, NJ is $3,297 (±$351) a month, including taxes, insurance and utilities.

How much does it cost to own a paid-off home in Monmouth Junction?

Owners without a mortgage in Monmouth Junction pay a median of $1,500 or more a month in taxes, insurance, utilities and fees.

Has the cost of owning a home in Monmouth Junction gone up?

In Monmouth Junction, the median monthly cost with a mortgage went from $3,032 in 2015–2019 to $3,297 in 2020–2024 (+8.7%).

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

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) and detailed tables (acs/acs5) 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 B25088_002E, B25088_002M, B25103_001E, B25103_001M, B25077_001E, B25077_001M from the 2019 release.

The API needs a free key.

Request a Census API key.

DP04_0101E, DP04_0101M, DP04_0109E, DP04_0109M, DP04_0091PE, DP04_0091PM, B25103_001E, B25103_001M

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.