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NJ area data

New monmouth, NJ

New monmouth, NJ.

Population: 28,633 (Census ACS)

Home values & appreciation

Median home value
$801,122
1-year appreciation
+6.7%
3-year appreciation
+20.9%
5-year appreciation
+37.7%
10-year appreciation
+84.1%
All-time peak (2026-07)
$801,122
House Price Index
430.8 (+5.2% YoY)

Market activity

Median sale price
$837,500
Median list price
$777,500
Median days on market
17.5 days
Sale-to-list ratio
105.8%
Active listings
30
1-year forecast
+2.8%
Days to pending
20 days
New listings (monthly)
37

Rents

Typical rent
$3,250/mo
1BR fair-market rent
$1,700/mo
3BR fair-market rent
$2,750/mo

Affordability

Cost of living index (High)
112.5 (100 = US avg)
Electricity rate (state-level)
22.6¢/kWh
Natural gas rate (state-level)
$14.20/MCF
30-year mortgage rate (national)
6.66%
15-year mortgage rate (national)
6.00%

Schools

Total schools
8
Elementary schools
5
Middle schools
1
High schools
2

Natural hazards & flood risk

Overall hazard risk
Relatively High
Top hazards
lightning, strongWind, winterWeather, coastalFlooding, heatWave
FEMA flood zone
AE
Flood risk level
High

Climate (30-year normals)

Average annual temperature
57.0°F
Average high
64.0°F
Average low
49.0°F
Annual precipitation
51.6 in
Annual snowfall
4.7 in

Air quality

Air quality rating
Good
Median AQI (annual)
39
Days with Good air quality
210

Walkability & transit

Walkability index
10.2 / 20
Transit service frequency
-99,999

Amenities

National parks within ~60 mi
21
Nearest national park
Gateway National Recreation Area (16 mi)
Nearest airport
Hop Brook Farm Airport (5 mi)
Nearest major airport
Newark Liberty International Airport (EWR) (21 mi)
Hospitals nearby (~15 mi)
15
Avg hospital rating
2.7 / 5
Solar radiation rating
Fair (4.0 kWh/m²/day)

Migration

Net migration
-1,584 tax filers

Housing stock

Median year housing built
1,969
Median annual property tax
$10,001
Mean commute to work
28 min
Households with broadband internet
88.1%

Employment & development

Total county employment
239,227
Average weekly wage
$1,298
Top industries (by employment)
Health Care, Accommodation & Food, Professional Services
Annual residential building permits (county)
1,793

Area data compiled from public government, academic, and industry research feeds. Data sources →

Data last updated

Most recent source refresh: Aug 2026. See all data sources →

Data compiled by REAIGENT7 — AI listing platform for real estate agents