Housing · Monroe
Monroe, NJ housing market
The typical Monroe home is worth about $631,000, up 1.9% in a year, 9% above the New Jersey typical home.
Home values, sales, trends and how Monroe compares with the towns next door — updated as new data is published.
The market right now
Monroe at a glance
Typical home value
$631K
▲ 1.9% in a year · Zillow
Ten-year trend
Typical home value, 2016–2026
MonroeNew Jersey
Show as a table
| January | Monroe | New Jersey |
|---|---|---|
| 2017 | $375,000 | $317,000 |
| 2018 | $390,000 | $330,000 |
| 2019 | $407,000 | $343,000 |
| 2020 | $414,000 | $358,000 |
| 2021 | $439,000 | $394,000 |
| 2022 | $491,000 | $441,000 |
| 2023 | $531,000 | $471,000 |
| 2024 | $574,000 | $511,000 |
| 2025 | $614,000 | $551,000 |
| 2026 | $624,000 | $568,000 |
| August 2026 | $631,000 | $580,000 |
Next door
Monroe and its neighbors
The towns that share a border. Tap one to see its housing page.
| Town | Typical value | 1-yr change | Days on market | Median income |
|---|---|---|---|---|
| Monroe | $631K | +1.9% | — | $107,892 |
| Old Bridge | — | — | 64 | $104,587 |
| Helmetta | $437K | +2.1% | — | $98,952 |
| Spotswood | $573K | +4.7% | 84 | $105,060 |
| Manalapan | $813K | +4.4% | — | $152,832 |
| East Windsor | $473K | −0.1% | — | $105,208 |
| Cranbury | $986K | +3.5% | — | $216,691 |
Affordability
5.9 years of income
The typical Monroe home costs about 5.9 years of the town's median household income, about the same as across New Jersey (5.6).
How Monroe ranks on affordability →
Home value ÷ ACS median household income.
The homes
Owners, rent & taxes
Homeownership
91.1%
New Jersey: 63.8%
Median tax bill
$9,816
New Jersey: $9,590
Median rent
$2,031
New Jersey: $1,720
Typical home built
1995
New Jersey: 1970
U.S. Census Bureau, ACS 2020-2024.
On the market
Recent listings in Monroe
Listed in the past 60 days. Each opens on the listing site.
Home values: Zillow Home Value Index (ZHVI), Zillow Research, August 2026. Sales, days on market and supply: Redfin Data Center. Income, ownership, taxes and rent: U.S. Census Bureau, American Community Survey. Listings link to their publishers.