Market Summary

Monmouth Junction, Middlesex County, NJ

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Median Home Price Price

$671,293 $671.3K

Median Monthly Rent Rent

$2,472 $2.5K

GRM

22.0x

GRM = Median Home Price divided by annual rent.

Price = Median Home Price.

Rent = Median Monthly Rent.

Similar markets within Middlesex County

Region Price Rent GRM Display
$525,653 $2,088 21.0x
$709,092 $2,441 24.0x
$515,022 $2,501 17.0x
$527,240 $2,716 16.0x
$573,477 $2,630 18.0x
$440,425 $2,474 15.0x
$467,214 $2,724 14.0x
$515,698 $2,154 20.0x

Home prices

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Monthly rent

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GRM

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Similar markets within NJ outside of Middlesex County

Region Price Rent GRM Display
$660,416 $2,374 23.0x
$605,665 $2,467 21.0x
$698,554 $2,369 25.0x
$595,762 $2,557 19.0x
$731,875 $2,389 26.0x
$562,183 $2,242 21.0x
$446,808 $2,460 15.0x
$333,315 $1,685 17.0x
$480,482 $2,150 19.0x
$889,538 $2,401 31.0x
$482,234 $2,271 18.0x
$632,115 $2,586 20.0x
$377,947 $2,253 14.0x
$427,524 $2,389 15.0x
$597,576 $2,331 21.0x
$642,565 $2,341 23.0x

Home prices

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Monthly rent

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GRM

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Similar markets outside of NJ

Region Price Rent GRM Display
$402,614 $1,459 23.0x
$482,033 $1,682 24.0x
$435,867 $1,629 22.0x
$566,230 $2,700 17.0x
$612,880 $3,242 16.0x
$223,905 $960 19.0x
$226,282 $1,143 17.0x
$599,419 $2,939 17.0x
$779,449 $2,394 27.0x
$224,505 $992 19.0x
$452,467 $1,080 35.0x
$691,762 $2,440 24.0x
$303,585 $1,466 17.0x
$508,458 $2,554 17.0x
$204,545 $1,061 16.0x
$196,634 $1,123 15.0x
$503,422 $2,288 18.0x
$754,715 $3,254 19.0x
$200,479 $955 18.0x
$351,154 $1,389 21.0x

Home prices

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Monthly rent

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GRM

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Monmouth Junction

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Trend Insights

Median Rent in Monmouth Junction, NJ is $2,472, with MoM change +$27 and YoY change +$211 pointing to positive momentum while volatility is low (std $53).

Benchmark Markets Side by Side

Search a market to benchmark rent, price, YoY, and price-to-rent against Monmouth Junction, NJ.

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Metric
Base market Monmouth Junction, NJ
Compare market Select a market
Delta vs base
Median rent
$2,472
N/A
Median price
$671,293
N/A
YoY change
+$211
N/A
Price-to-rent
22.6x
Data unavailable
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