Monroe (08831) in New Jersey Real Estate, Demographics, Mortgage and Jobs

USA	New Jersey	Monroe New Jersey

Monroe, NJ 08831

Monroe (08831) has an estimated 45,620 residents with 44,827 of those people in approximately 18,891 housing units. The 08831 zipcode contains 9,936 housing units that are owned with a mortgage or a loan, 7,082 housing units that are owned free and clear and 1,873 housing units that are renter occupied.

In Monroe (08831) the median listing price of $379,900 has grown by $4,900 since 2018-10.

In 2018 the average percentage drop was 2.77% of original listing price.

Zip code 08831 is in the New York-Newark-Jersey City metropolitan area.
The median estimated home value in Monroe, NJ (08831) is $350,400 as of 2018-10-31

In Monroe, NJ (08831), values have declined by -0.09 from when they peaked at $384,900 in 2006-Q2

The Zillow Market Health Index for Monroe, NJ (08831) is 2.37. The corresponding state value is 1.76. This is higher than the overall Market Health Index of NewJersey.

Demographics of Monroe Township zipcode 08831
The median age here is 49.80. This age is 131.1% the national median age.
This population is much older than the national average.
The number of male residents is 21,283 with a median age of 46.50 years. The number of female residents is 24,337 with a median age of 53.40 years. This yields a ♂ to ♀ ratio of 0.87
The average household is 2.37 persons and has an income of $101,137.
The average family size in Monroe is 2.98.
Area Code: 732/848
Time zone: Eastern USA
Region: Northeast - Middle Atlantic
Has Daylight Saving: Yes
Businesses: 1,062
Employment: 15,065
Medicare Area: New Brunswick-Lakewood, NJ
County: MIDDLESEX

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