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Housing in Madison Park

A typical Madison Park home is worth roughly $558,000

The median sale price was $532,000 in April 2026.

Typical home value
$558K
▲ 6.8% in a year · NJ $454K
Estimate
Median sale price
$532K
April 2026 · Redfin
Homes sold
3
in April · 3 for sale
2-bedroom rent
$2,220
a month, utilities in · HUD
Median tax bill
$7,889
NJ $9,590

Only 3 sales in April 2026: in a market this size, monthly medians swing a lot, so the typical value is the steadier guide.

What kind of housing town is Madison Park?

Read from the numbers below. The page puts what stands out first.

★ What stands out · Renting

A two-bedroom rents for about $2,220

Renters already here pay a median of $1,528, so moving in tends to cost more than staying put.

Fair Market Rent a month, utilities included

Studio$1,610
1 bedroom$1,770
2 bedrooms$2,220
3 bedrooms$2,660
4 bedrooms$2,950
67%
of households rent · NJ 36%
1,797
renter households
53%
of renters spend 30%+ of income on rent · NJ 52%
34%
of the median income, for a two-bedroom
$1,528
median rent paid today · Census

U.S. Department of Housing and Urban Development, Fair Market Rents by ZIP code (Middlesex-Somerset-Hunterdon, NJ HUD Metro FMR Area): the 40th-percentile rent plus utilities for a standard unit. Median rent and renters: U.S. Census Bureau, American Community Survey.

Price trend

Home prices up 62% in 5 years

The federal house price index for the ZIP codes around Madison Park rose 62% over the past 5 years, about the same as across New Jersey. Last year prices rose 6.8%. Carrying the Census median home value forward with that index puts the typical Madison Park home at roughly $558,000 today.

Madison Park areaNew Jersey
0%+50%+100%+150%+200%+250%200020052010201520202025
+6.8%
past year
+62%
past 5 years
+99%
past 10 years
Estimated value

Carrying the Census median forward with the index puts a typical home at about $558K.

Federal Housing Finance Agency House Price Index (annual) for the ZIP codes around Madison Park, weighted by land area. It tracks repeat sales of the same homes, so it shows how prices changed, not what homes cost.

Affordability

A typical home costs 7 years of income

More than across New Jersey (4.4 years). Try your own numbers below.

You could afford about
$275,000
Typical Madison Park home $558K

That’s $283K short of a typical Madison Park home.

The typical home, each month
$3,780
Loan $2,760Tax $860Insurance $160

A two-bedroom rents for about $2,220 a month here, $1,560 less than owning.

Where your budget reaches nearby

An estimate, not a loan offer: payments of up to 28% of income, a 30-year fixed loan, Madison Park’s typical property tax (1.85% of value a year, from the Census) and insurance of about 0.35%. Mortgage insurance, HOA fees and other debts aren’t included.

The homes

33% of Madison Park households own their home

Half of Madison Park’s homes were built before 1965.

Owners and renters
Own 33%Rent 67%

New Jersey: 64% own.

1965
typical home built · NJ 1970
$7,889
median property tax bill · NJ $9,590
1.85%
of a home’s value, a year in tax · NJ 2.11%
1%
of homes are seasonal or vacation homes

U.S. Census Bureau, American Community Survey 2020-2024.

Next door

Madison Park vs. its neighbors

Madison Park is the priciest of 3 neighboring towns. Tap one to see its housing page.

Compare more
TownTypical value1-yr change2-bed rentNew homes 2025Median income
Madison Park$558K*+6.8%†$2,220—$79,509
Sayreville$536K+3.3%$2,1008$99,979
Old Bridge$461K*+5.5%†$2,28014$104,587

Typical value: Zillow Home Value Index; * Census median home value where Zillow has none. † FHFA price index change where Zillow has none. Rent: HUD Fair Market Rent. New homes: Census building permits.

Neighbors talk housing

What Madison Park buyers, sellers and renters are saying.

Town Square →
Weigh in
Is Madison Park still affordable for young families?

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Start the conversation

Home values: Zillow Home Value Index (ZHVI), Zillow Research. Sales, days on market and supply: Redfin Data Center, April 2026. Income, ownership, taxes and rent: U.S. Census Bureau, American Community Survey. Price trend: Federal Housing Finance Agency House Price Index. Fair Market Rents: U.S. Department of Housing and Urban Development. Listings link to their publishers. The calculator is an estimate, not a loan offer.

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