Manville, NJ 08835 - Home Prices, Rental Trends, Listings & Demographics | Prop:Metrics

Manville, NJ—08835

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value

$485,000

1.8% YoY Growth

Household Income

$93,900

34.8% YoY Growth

Days on Market

16.0% Longer YoY

Home Price Forecast

1.1%

Median Rent

$2,400

14.0% YoY Growth

1-Bed Rent

$1,750

23.2% YoY Growth

2-Bed Rent

$2,400

7.9% YoY Growth

3-Bed Rent

$2,900

2.0% YoY Growth

Home Price Trends — Manville, NJ

As of May '26, the median home price in Manville, NJ is $485,000, with a year-over-year change of 1.8%. This indicates that home prices in Manville, NJ are increasing. According to Zillow, the 1-year price projection is 1.1%, suggesting an increase housing market in the next year.

Cost per Home Type

Home Type	Median Home Value	YoY % Change
All Homes	$485,000	1.8%
Single Family	$486,000	1.9%
Condos	N/A	N/A

Cost per Home Size

Home Size	Median Home Value	YoY % Change
1 Bed

Rental Trends — Manville, NJ

As of July '25, Rentcast reports the average rent in Manville, NJ is $2,360, with a year-over-year rent change of 14.0%. Per bedroom, the median rent as of July '25 in Manville, NJ is 1-bedrooms: $1,700, 2-bedrooms: $2,460, 3-bedrooms: $2,950, 4-bedrooms: $3,400. The most common rental property sizes in Manville, NJ are 2-bedroom and 3-bedroom, accounting for 39.6% and 31.1% of the rental stock.

Type	Median Rent	Average Rent
Average Rent	$2,400	$2,360
Studio Rent	N/A	N/A
1 Bed Rent	$1,750	$1,700
2 Bed Rent	$2,400	$2,460
3 Bed Rent	$2,900	$2,950
4 Bed Rent	$3,400	$3,400

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% of Rental Stock

Studio

2.8%

1 Bedroom

23.9%

2 Bedrooms

39.6%

3 Bedrooms

31.1%

4 Bedrooms

2.5%

Property Listings — Manville, NJ

As of May '26, Realtor.com reports that the median days on market for a home in Manville, NJ is 33. 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 22.0%, representing a small inventory and little supply pressure on home prices.

Metric	Zip Code Average	Year over Year % Change
Median Listing Price	$479,000	14.0%
Listing Count	37	25.0%
Listings as % of Homes	0.4%	25.0%
Days on Market	33	16.0%

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Demographics — Manville, NJ

As of the latest ACS Survey released in 2023, Manville, NJ has a population of 10,900, which has increased by 5.7% over the past 5 years. Manville, NJ is a moderately popular place for families, as children make up 18.8% of the population. The area has a moderately educated workforce, with 28.6% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 9.9% reporting working from home.

Metric	Latest Census	YoY % Change
Population	10,900	5.7%
% Under 18	18.8%	-15.7%
% Seniors	18.4%	21.1%
% WFH	9.9%	482.4%
% w/ College Degree	28.6%	83.3%

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As of the latest ACS Survey released in 2023, Manville, NJ is a predominantly white area, with 59.2% of the population identifying as white. The white population has shrunk by 14.7% in the last 5 years. The second most common race or ethnicity in Manville, NJ is hispanic, making up 25.5% of the population. Foreign-born residents account for 21.4% of the population in Manville, NJ, and this percentage has increased by 12.6% 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	59.2%	-14.7%
% Black	8.4%	133.3%
% Hispanic	25.5%	12.3%
% Asian	2.8%	7.7%
% Foreign Born	21.4%	12.6%

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Mortgage and Risk — Manville, NJ

According to HUD data as of 2023, there were 177 mortgage originations in Manville, NJ, of which 60.0% of loans were conventional mortgages. The average loan-to-value was 75.0%, with 49.0% above 90% LTV (very high). This implies large mortgage risk in Manville, NJ. Investor activity is low, as 1.0% of loans were by investors. 10.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.

Mortgages

Metric	Zip Code Average
Total Loan Originations	177
% Conventional Loans	60.0%
% Government Loans	40.0%
% Investor Loans	1.0%
% Second Loans	0.0%
% Cash Out Refinance	10.0%

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Rentals and Section 8 — Manville, NJ

As of 2024, the percent of homes in Manville, NJ under the Section 8 program is 10.8%. 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. In Manville, NJ, none of the tracked home sizes currently have HUD payment amounts above market rent, suggesting limited Section 8 opportunity.

Section 8 Market Size

Total Units under HUD	128
Total Units Section 8	128
% Rentals under Section 8	10.8%
% Occupied Section 8	85.0%

Section 8 Opportunity

Home Size	HUD Premium	Market Rent	Max HUD Rent
1 Bedroom	-$120	$1,750	$1,630
2 Bedroom	-$350	$2,400	$2,050
3 Bedroom	-$410	$2,900	$2,490
4 Bedroom	-$670	$3,400	$2,730

Manville, NJ—08835

Key Metrics at a Glance

Home Price Trends — Manville, NJ

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Manville, NJ

% of Rental Stock

Property Listings — Manville, NJ

Demographics — Manville, NJ

Race and Ethnicity

Mortgage and Risk — Manville, NJ

Mortgages

Rentals and Section 8 — Manville, NJ

Section 8 Market Size

Section 8 Opportunity

Affordability — Manville, NJ

Home Price to Income Ratio

Manville, NJ — ZIP Code Boundary Map

Nearby ZIP Codes

Bound Brook, NJ

Bridgewater Township, NJ

South Bound Brook, NJ

Raritan, NJ

Bridgewater Township, NJ

Frequently Asked Questions

Metric	Zip Code Average
Home Price to Income Ratio	4.2
Median Home Price	$485,000
Median Household Income	$93,900

Manville, NJ—08835

Key Metrics at a Glance

Home Price Trends — Manville, NJ

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Manville, NJ

% of Rental Stock

Property Listings — Manville, NJ

Demographics — Manville, NJ

Race and Ethnicity

Mortgage and Risk — Manville, NJ

Mortgages

Rentals and Section 8 — Manville, NJ

Section 8 Market Size

Section 8 Opportunity

Affordability — Manville, NJ

Home Price to Income Ratio

Manville, NJ — ZIP Code Boundary Map

Nearby ZIP Codes

Bound Brook, NJ

Bridgewater Township, NJ

South Bound Brook, NJ

Raritan, NJ

Bridgewater Township, NJ

Frequently Asked Questions

What is the average home price in Manville, NJ 08835?

How have home prices in Manville, NJ 08835 changed over the past year?

What is the home price projection for Manville, NJ 08835?

What are the demographics of Manville, NJ 08835?

How long does it take homes to sell in Manville, NJ 08835?

What is the average rent price in Manville, NJ 08835?