Market Summary

Monroe Township, Middlesex County, NJ

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Median Home Price Price

$608,170 $608.2K

Median Monthly Rent Rent

$2,558 $2.6K

GRM

20.0x

GRM = Median Home Price divided by annual rent.

Price = Median Home Price.

Rent = Median Monthly Rent.

Similar markets within Middlesex County

No similar markets found for this scope.

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
$496,259 $2,543 16.0x
$426,807 $1,934 18.0x
$910,905 $2,404 32.0x
$609,422 $2,492 20.0x
$517,120 $2,416 18.0x
$482,234 $2,271 18.0x
$518,184 $2,290 19.0x
$715,987 $2,496 24.0x
$437,322 $2,204 17.0x
$480,482 $2,150 19.0x
$467,972 $2,408 16.0x
$471,856 $1,906 21.0x
$553,569 $2,674 17.0x
$534,346 $2,152 21.0x
$424,410 $2,323 15.0x
$542,807 $2,028 22.0x

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
$778,857 $2,658 24.0x
$695,878 $3,280 18.0x
$519,371 $2,522 17.0x
$772,993 $2,626 25.0x
$925,080 $4,390 18.0x
$602,366 $2,551 20.0x
$969,702 $2,539 32.0x
$501,782 $2,249 19.0x
$617,080 $2,467 21.0x
$1,008,566 $2,595 32.0x
$844,650 $3,645 19.0x
$714,304 $2,791 21.0x
$380,452 $1,527 21.0x
$581,998 $2,376 20.0x
$759,400 $3,661 17.0x
$409,860 $2,785 12.0x
$356,077 $1,464 20.0x
$772,306 $2,799 23.0x
$734,939 $2,497 25.0x

Home prices

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Monthly rent

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GRM

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Monroe Township

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Trend Insights

Median Rent in Monroe Township, NJ is $2,558, with MoM change +$21 and YoY change +$169 pointing to positive momentum while volatility is low (std $41).

Benchmark Markets Side by Side

Search a market to benchmark rent, price, YoY, and price-to-rent against Monroe Township, NJ.

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Metric
Base market Monroe Township, NJ
Compare market Select a market
Delta vs base
Median rent
$2,558
N/A
Median price
$608,170
N/A
YoY change
+$169
N/A
Price-to-rent
19.8x
Data unavailable
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