Port Murray, NJ—07865
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Port Murray, NJ
As of Oct '25, the median home price in Port Murray, NJ is $489,000, with a year-over-year change of 2.8%. This indicates that home prices in Port Murray, NJ are increasing. According to Zillow, the 1-year price projection is 1.0%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $489,000 | 2.8% |
| Single Family | $489,000 | 2.5% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | N/A | N/A |
3 Bed | $456,000 | 5.3% |
4 Bed | $673,000 | 3.7% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Port Murray, NJ
As of July '25, Rentcast reports the average rent in Port Murray, NJ is $2,430, with a year-over-year rent change of -6.5%. Per bedroom, the median rent as of July '25 in Port Murray, NJ is 2-bedrooms: $1,800, 3-bedrooms: $2,750. The most common rental property sizes in Port Murray, NJ are 3-bedroom and 4-bedroom, accounting for 53.6% and 36.1% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $2,300 | $2,430 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | $1,800 | $1,800 |
| 3 Bed Rent | $2,300 | $2,750 |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Port Murray, NJ
As of Oct '25, Realtor.com reports that the median days on market for a home in Port Murray, NJ is 33. This is a decrease of -2.0% 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 27.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $539,000 | -13.0% |
Listing Count | 15 | 76.0% |
| Listings as % of Homes | 0.7% | 76.0% |
Days on Market | 33 | -2.0% |
Demographics — Port Murray, NJ
As of the latest ACS Survey released in 2023, Port Murray, NJ has a population of 3,280, which has increased by 62.3% over the past 5 years. Port Murray, NJ is a popular place for families, as children make up 35.0% of the population. The area has a moderately educated workforce, with 42.1% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 12.8% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 3,280 | 62.3% |
% Under 18 | 35.0% | 72.4% |
% Seniors | 15.9% | -17.6% |
% WFH | 12.8% | ∞% |
% w/ College Degree | 42.1% | -14.6% |
As of the latest ACS Survey released in 2023, Port Murray, NJ is a predominantly white area, with 76.1% of the population identifying as white. The white population has shrunk by 12.0% in the last 5 years. The second most common race or ethnicity in Port Murray, NJ is hispanic, making up 11.1% of the population. Foreign-born residents account for 5.3% of the population in Port Murray, NJ, and this percentage has increased by 51.4% 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 | 76.1% | -12.0% |
% Black | 1.7% | -73.0% |
% Hispanic | 11.1% | 117.6% |
% Asian | 0.0% | -100.0% |
% Foreign Born | 5.3% | 51.4% |
Mortgage and Risk — Port Murray, NJ
Port Murray, NJ lacks sufficient mortgage origination data for analysis.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | N/A |
% Conventional Loans | N/A |
% Government Loans | N/A |
% Investor Loans | N/A |
% Second Loans | N/A |
% Cash Out Refinance | N/A |
Loan Activity
No data available
Rentals and Section 8 — Port Murray, NJ
Port Murray, NJ lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | N/A |
Total Units Section 8 | N/A |
% Rentals under Section 8 | N/A |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $2,110 |
| 2 Bedroom | $760 | $1,800 | $2,560 |
| 3 Bedroom | $950 | $2,300 | $3,250 |
| 4 Bedroom | N/A | N/A | $3,750 |
Affordability — Port Murray, NJ
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3.8 |
| Median Home Price | $489,000 |
| Median Household Income | $109,000 |