Mantua, NJ—08051
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Mantua, NJ
As of Oct '25, the median home price in Mantua, NJ is $307,000, with a year-over-year change of 5.0%. This indicates that home prices in Mantua, NJ are increasing. According to Zillow, the 1-year price projection is 2.0%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $307,000 | 5.0% |
| Single Family | $340,000 | 4.9% |
| Condos | $237,000 | 6.3% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $247,000 | 4.7% |
3 Bed | $325,000 | 4.8% |
4 Bed | $485,000 | 5.7% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Mantua, NJ
As of July '25, Rentcast reports the average rent in Mantua, NJ is $2,270, with a year-over-year rent change of 8.1%. Per bedroom, the median rent as of July '25 in Mantua, NJ is 1-bedrooms: $1,850, 2-bedrooms: $2,000, 3-bedrooms: $2,410, 4-bedrooms: $3,080. The most common rental property sizes in Mantua, NJ are 1-bedroom and 2-bedroom, accounting for 38.2% and 35.4% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $2,200 | $2,270 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $1,850 | $1,850 |
| 2 Bed Rent | $1,950 | $2,000 |
| 3 Bed Rent | $2,400 | $2,410 |
| 4 Bed Rent | $2,900 | $3,080 |
% of Rental Stock
Property Listings — Mantua, NJ
As of Oct '25, Realtor.com reports that the median days on market for a home in Mantua, NJ is 53. This is a increase of 39.0% from last year, suggesting that homes are sitting on the market longer than last year. The percentage of listed homes with a reduced price is 21.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $261,000 | -20.0% |
Listing Count | 38 | 10.0% |
| Listings as % of Homes | 0.4% | 10.0% |
Days on Market | 53 | 39.0% |
Demographics — Mantua, NJ
As of the latest ACS Survey released in 2023, Mantua, NJ has a population of 12,200, which has increased by 16.8% over the past 5 years. Mantua, NJ is a moderately popular place for families, as children make up 22.6% of the population. The area has a moderately educated workforce, with 35.7% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 10.4% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 12,200 | 16.8% |
% Under 18 | 22.6% | 7.1% |
% Seniors | 11.9% | -24.2% |
% WFH | 10.4% | 147.6% |
% w/ College Degree | 35.7% | 3.8% |
As of the latest ACS Survey released in 2023, Mantua, NJ is a predominantly white area, with 85.0% of the population identifying as white. The white population has shrunk by 5.1% in the last 5 years. The second most common race or ethnicity in Mantua, NJ is black, making up 5.9% of the population. Foreign-born residents account for 4.3% of the population in Mantua, NJ, and this percentage has decreased by 2.3% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 85.0% | -5.1% |
% Black | 5.9% | 15.7% |
% Hispanic | 3.9% | 34.5% |
% Asian | 2.1% | 16.7% |
% Foreign Born | 4.3% | -2.3% |
Mortgage and Risk — Mantua, NJ
According to HUD data as of 2023, there were 297 mortgage originations in Mantua, NJ, of which 79.0% of loans were conventional mortgages. The average loan-to-value was 63.0%, with 28.0% above 90% LTV (very high). This implies large mortgage risk in Mantua, NJ. Investor activity is low, as 1.0% of loans were by investors. 15.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 297 |
% Conventional Loans | 79.0% |
% Government Loans | 21.0% |
% Investor Loans | 1.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 15.0% |
Loan Activity
Rentals and Section 8 — Mantua, NJ
As of 2024, the percent of homes in Mantua, NJ under the Section 8 program is 5.5%. 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 and 3-bedroom and 4-bedroom units appear to be good home sizes to consider for Section 8 housing in Mantua, NJ, because HUD payments exceed market rent, while 1-bedroom units do not.
Section 8 Market Size
Total Units under HUD | 56 |
Total Units Section 8 | 54 |
% Rentals under Section 8 | 5.5% |
% Occupied Section 8 | 79.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | -$50 | $1,850 | $1,800 |
| 2 Bedroom | $200 | $1,950 | $2,150 |
| 3 Bedroom | $190 | $2,400 | $2,590 |
| 4 Bedroom | $40 | $2,900 | $2,940 |
Affordability — Mantua, NJ
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 2.5 |
| Median Home Price | $307,000 |
| Median Household Income | $97,500 |