Mays Landing, NJ—08330
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Mays Landing, NJ
As of Oct '25, the median home price in Mays Landing, NJ is $306,000, with a year-over-year change of 1.9%. This indicates that home prices in Mays Landing, NJ are increasing. According to Zillow, the 1-year price projection is 4.5%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $306,000 | 1.9% |
| Single Family | $343,000 | 2.1% |
| Condos | $194,000 | 2.1% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | $149,000 | -9.1% |
2 Bed | $225,000 | 3.2% |
3 Bed | $332,000 | 2.8% |
4 Bed | $449,000 | 5.2% |
| 5 Bed | $518,000 | 5.5% |
% of Housing Stock
Rental Trends — Mays Landing, NJ
As of July '25, Rentcast reports the average rent in Mays Landing, NJ is $2,220, with a year-over-year rent change of -2.6%. Per bedroom, the median rent as of July '25 in Mays Landing, NJ is 1-bedrooms: $1,750, 2-bedrooms: $1,960, 3-bedrooms: $2,590, 4-bedrooms: $3,350. The most common rental property sizes in Mays Landing, NJ are 2-bedroom and 1-bedroom, accounting for 49.9% and 25.4% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $2,000 | $2,220 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $1,600 | $1,750 |
| 2 Bed Rent | $1,900 | $1,960 |
| 3 Bed Rent | $2,450 | $2,590 |
| 4 Bed Rent | $3,200 | $3,350 |
% of Rental Stock
Property Listings — Mays Landing, NJ
As of Oct '25, Realtor.com reports that the median days on market for a home in Mays Landing, NJ is 48. This is a increase of 16.0% 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 | $347,000 | 4.0% |
Listing Count | 132 | 24.0% |
| Listings as % of Homes | 0.9% | 24.0% |
Days on Market | 48 | 16.0% |
Demographics — Mays Landing, NJ
As of the latest ACS Survey released in 2023, Mays Landing, NJ has a population of 30,000, which has increased by 7.9% over the past 5 years. Mays Landing, NJ is a moderately popular place for families, as children make up 20.0% of the population. The area has a moderately educated workforce, with 30.6% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 7.6% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 30,000 | 7.9% |
% Under 18 | 20.0% | -7.0% |
% Seniors | 18.9% | 23.5% |
% WFH | 7.6% | 261.9% |
% w/ College Degree | 30.6% | 5.2% |
As of the latest ACS Survey released in 2023, Mays Landing, NJ is a predominantly white area, with 57.8% of the population identifying as white. The white population has shrunk by 3.7% in the last 5 years. The second most common race or ethnicity in Mays Landing, NJ is black, making up 16.0% of the population. Foreign-born residents account for 9.1% of the population in Mays Landing, NJ, and this percentage has decreased by 22.9% 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 | 57.8% | -3.7% |
% Black | 16.0% | 13.5% |
% Hispanic | 15.8% | 14.5% |
% Asian | 4.4% | -48.2% |
% Foreign Born | 9.1% | -22.9% |
Mortgage and Risk — Mays Landing, NJ
According to HUD data as of 2023, there were 554 mortgage originations in Mays Landing, NJ, of which 72.0% of loans were conventional mortgages. The average loan-to-value was 64.0%, with 31.0% above 90% LTV (very high). This implies large mortgage risk in Mays Landing, NJ. Investor activity is low, as 2.0% of loans were by investors. 14.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 554 |
% Conventional Loans | 72.0% |
% Government Loans | 28.0% |
% Investor Loans | 2.0% |
% Second Loans | 1.0% |
% Cash Out Refinance | 14.0% |
Loan Activity
Rentals and Section 8 — Mays Landing, NJ
As of 2024, the percent of homes in Mays Landing, NJ under the Section 8 program is 8.1%. 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. 1-bedroom and 2-bedroom and 3-bedroom units appear to be good home sizes to consider for Section 8 housing in Mays Landing, NJ, because HUD payments exceed market rent, while 4-bedroom units do not.
Section 8 Market Size
Total Units under HUD | 286 |
Total Units Section 8 | 255 |
% Rentals under Section 8 | 8.1% |
% Occupied Section 8 | 91.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $30 | $1,600 | $1,630 |
| 2 Bedroom | $80 | $1,900 | $1,980 |
| 3 Bedroom | $320 | $2,450 | $2,770 |
| 4 Bedroom | -$140 | $3,200 | $3,060 |
Affordability — Mays Landing, NJ
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3.1 |
| Median Home Price | $306,000 |
| Median Household Income | $83,000 |