08831
Monroe Township, New Jersey.
Monroe Township, Middlesex County, NJ · New York-Newark-Jersey City, NY-NJ-PA metro · population 55,658
to buy the typical home at today's mortgage rate — +$1,727 (+120%) since Jan 2020.
- 1 year
- Up $10,542 +2%
- $593,202$603,744 since Sep 2025
- 5 years
- Up $149,967 +33%
- $453,777$603,744 since Sep 2021
Monthly payment to buy the typical home
Home value × that month's 30-year mortgage rate, 20% down, principal and interest. This is the line households feel: prices and rates compound each other.
- 08831$3,169
- United States$1,922
At the last five years' pace, a typical home here doubles in price every 12 years.
Typical home values in zip 08831 rose 1.8% over the past year — faster than the nation's +1.2%.
Zillow also publishes an index for the city itself: Monroe Township, NJ — measured over the city limits, which is a different area from this zip.
Asking rent — 08831
Against the New York-Newark-Jersey City, NY-NJ-PA metro and the national benchmark.
- 08831$2,581
- New York$3,549
- United States$1,930
Typical home value — 08831
Mid-tier homes, smoothed and seasonally adjusted.
- 08831$603,744
- New York$730,949
- United States$366,157
Within 20 miles
Showing 30 of 94 zips in range — sorting picks from all 94.
| Miles sorted ascending, activate to sort descending | Zip activate to sort by Zip | City activate to sort by City | Population activate to sort by Population | Rent activate to sort by Rent | Home value activate to sort by Home value |
|---|---|---|---|---|---|
| 3.4 | 08828 | Helmetta | 2,459 | — | $425,457 |
| 4.5 | 08810 | Dayton | 7,952 | $3,350 | $643,225 |
| 5.0 | 08884 | Spotswood | 8,187 | — | $562,519 |
| 5.0 | 08512 | Cranbury | 12,928 | — | $749,863 |
| 5.6 | 07726 | Englishtown | 44,764 | $2,634 | $792,228 |
| 6.5 | 08535 | Millstone Township | 4,999 | — | $959,800 |
| 6.8 | 08857 | Old Bridge | 40,891 | $2,783 | $632,660 |
| 7.0 | 08816 | East Brunswick | 49,360 | $2,751 | $625,970 |
| 7.3 | 08852 | Monmouth Junction | 18,062 | $2,406 | $694,546 |
| 7.4 | 08520 | Hightstown | 29,504 | $2,493 | $462,394 |
| 7.8 | 08555 | Roosevelt | 996 | — | $506,456 |
| 8.1 | 08536 | Plainsboro | 20,817 | $2,165 | $661,658 |
| 8.2 | 08850 | Milltown | 8,538 | — | $609,453 |
| 8.3 | 08902 | North Brunswick | 43,932 | $2,505 | $543,891 |
| 8.5 | 08882 | South River | 16,124 | — | $532,103 |
| 9.1 | 08824 | Kendall Park | 13,366 | — | $724,955 |
| 9.4 | 07751 | Morganville | 21,109 | $3,474 | $886,302 |
| 9.5 | 07746 | Marlboro | 18,476 | — | $904,286 |
| 9.8 | 08510 | Millstone Township | 5,386 | — | $967,286 |
| 10.5 | 08550 | Princeton Junction | 21,067 | $3,643 | $1,010,479 |
| 10.5 | 08823 | Franklin Park | 8,884 | — | $418,050 |
| 10.5 | 08872 | Sayreville | 20,204 | $2,838 | $526,563 |
| 10.5 | 07728 | Freehold | 55,984 | $2,901 | $653,928 |
| 10.7 | 08901 | New Brunswick | 57,263 | $2,820 | $439,891 |
| 11.0 | 07747 | Matawan | 32,330 | $2,711 | $657,733 |
| 11.2 | 08859 | Parlin | 25,448 | $3,014 | $545,267 |
| 11.8 | 08904 | Highland Park | 15,121 | $2,447 | $590,992 |
| 12.1 | 08553 | Rocky Hill | 819 | — | $726,798 |
| 12.1 | 08691 | Robbinsville | 16,607 | $2,539 | $633,353 |
| 12.1 | 08540 | Princeton | 50,388 | $3,341 | $963,053 |
Coordinates and population from SimpleMaps US Zips (Basic). Rent and home values from Zillow Research.