Colts Neck Township, NJ—07722
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Colts Neck Township, NJ
As of Oct '25, the median home price in Colts Neck Township, NJ is $1,256,000, with a year-over-year change of 3.2%. This indicates that home prices in Colts Neck Township, NJ are increasing. According to Zillow, the 1-year price projection is 1.8%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $1,256,000 | 3.2% |
| Single Family | $1,260,000 | 3.1% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $467,000 | 6.6% |
3 Bed | $901,000 | 1.3% |
4 Bed | $1,201,000 | 3.2% |
| 5 Bed | $1,849,000 | 4.6% |
% of Housing Stock
Rental Trends — Colts Neck Township, NJ
As of July '25, Rentcast reports the average rent in Colts Neck Township, NJ is $4,540, with a year-over-year rent change of -15.9%. Per bedroom, the median rent as of July '25 in Colts Neck Township, NJ is 1-bedrooms: $2,600, 2-bedrooms: $2,600, 3-bedrooms: $5,250, 4-bedrooms: $5,370. The most common rental property sizes in Colts Neck Township, NJ are 4-bedroom and 2-bedroom, accounting for 57.8% and 14.4% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $4,900 | $4,540 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $2,600 | $2,600 |
| 2 Bed Rent | $2,600 | $2,600 |
| 3 Bed Rent | $4,500 | $5,250 |
| 4 Bed Rent | $5,500 | $5,370 |
% of Rental Stock
Property Listings — Colts Neck Township, NJ
As of Oct '25, Realtor.com reports that the median days on market for a home in Colts Neck Township, NJ is 35. This is a decrease of -6.0% from last year, suggesting that homes are sitting on the market shorter than last year. The percentage of listed homes with a reduced price is 12.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $1,420,000 | -14.0% |
Listing Count | 32 | -36.0% |
| Listings as % of Homes | 0.9% | -36.0% |
Days on Market | 35 | -6.0% |
Demographics — Colts Neck Township, NJ
As of the latest ACS Survey released in 2023, Colts Neck Township, NJ has a population of 9,980, which has decreased by -1.2% over the past 5 years. Colts Neck Township, NJ is a moderately popular place for families, as children make up 20.8% of the population. The area has a highly educated workforce, with 68.1% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 23.5% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 9,980 | -1.2% |
% Under 18 | 20.8% | -20.9% |
% Seniors | 18.5% | 36.0% |
% WFH | 23.5% | 119.6% |
% w/ College Degree | 68.1% | 10.0% |
As of the latest ACS Survey released in 2023, Colts Neck Township, NJ is a predominantly white area, with 83.5% of the population identifying as white. The white population has shrunk by 8.5% in the last 5 years. The second most common race or ethnicity in Colts Neck Township, NJ is hispanic, making up 8.3% of the population. Foreign-born residents account for 11.2% of the population in Colts Neck Township, NJ, and this percentage has increased by 36.6% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 83.5% | -8.5% |
% Black | 0.7% | -41.7% |
% Hispanic | 8.3% | 80.4% |
% Asian | 4.1% | 127.8% |
% Foreign Born | 11.2% | 36.6% |
Mortgage and Risk — Colts Neck Township, NJ
According to HUD data as of 2023, there were 169 mortgage originations in Colts Neck Township, NJ, of which 96.0% of loans were conventional mortgages. The average loan-to-value was 42.0%, with 4.0% above 90% LTV (normal). This implies small mortgage risk in Colts Neck Township, NJ. Investor activity is low, as 0.0% of loans were by investors. 11.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 169 |
% Conventional Loans | 96.0% |
% Government Loans | 4.0% |
% Investor Loans | 0.0% |
% Second Loans | 1.0% |
% Cash Out Refinance | 11.0% |
Loan Activity
Rentals and Section 8 — Colts Neck Township, NJ
As of 2024, the percent of homes in Colts Neck Township, NJ under the Section 8 program is 1.4%. This is considered low, suggesting that the neighborhood is sparsely composed of Section 8 homes. Section 8 opportunity is good when HUD pays more than market rent. 2-bedroom units appear to be good home sizes to consider for Section 8 housing in Colts Neck Township, NJ, because HUD payments exceed market rent, while 1-bedroom and 3-bedroom and 4-bedroom units do not.
Section 8 Market Size
Total Units under HUD | 4 |
Total Units Section 8 | 4 |
% Rentals under Section 8 | 1.4% |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | -$130 | $2,600 | $2,470 |
| 2 Bedroom | $450 | $2,600 | $3,050 |
| 3 Bedroom | -$440 | $4,500 | $4,060 |
| 4 Bedroom | -$980 | $5,500 | $4,520 |
Affordability — Colts Neck Township, NJ
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 5.7 |
| Median Home Price | $1,256,000 |
| Median Household Income | $183,000 |