Middlesex, NJ 08846 - Home Prices, Rental Trends, Listings & Demographics | Prop:Metrics

Middlesex, NJ—08846

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value

$553,000

4.8% YoY Growth

Household Income

$107,000

50.7% YoY Growth

Days on Market

7.0% Longer YoY

Home Price Forecast

1.0%

Median Rent

$2,460

6.1% YoY Growth

1-Bed Rent

$1,950

3.0% YoY Growth

2-Bed Rent

$2,500

12.3% YoY Growth

3-Bed Rent

$3,500

17.3% YoY Growth

Home Price Trends — Middlesex, NJ

As of May '26, the median home price in Middlesex, NJ is $553,000, with a year-over-year change of 4.8%. This indicates that home prices in Middlesex, 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	$553,000	4.8%
Single Family	$561,000	4.7%
Condos	$346,000	8.8%

Cost per Home Size

Home Size	Median Home Value	YoY % Change
1 Bed

Rental Trends — Middlesex, NJ

As of July '25, Rentcast reports the average rent in Middlesex, NJ is $2,590, with a year-over-year rent change of 6.1%. Per bedroom, the median rent as of July '25 in Middlesex, NJ is 1-bedrooms: $1,940, 2-bedrooms: $2,550, 3-bedrooms: $3,460, 4-bedrooms: $3,800. The most common rental property sizes in Middlesex, NJ are 1-bedroom and 2-bedroom, accounting for 52.5% and 32.1% of the rental stock.

Type	Median Rent	Average Rent
Average Rent	$2,460	$2,590
Studio Rent	N/A	N/A
1 Bed Rent	$1,950	$1,940
2 Bed Rent	$2,500	$2,550
3 Bed Rent	$3,500	$3,460
4 Bed Rent	$3,800	$3,800

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% of Rental Stock

1 Bedroom

52.5%

2 Bedrooms

32.1%

3 Bedrooms

12.3%

4 Bedrooms

3.1%

Property Listings — Middlesex, NJ

As of May '26, Realtor.com reports that the median days on market for a home in Middlesex, NJ is 17. This is a increase of 7.0% 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 12.0%, representing a small inventory and little supply pressure on home prices.

Metric	Zip Code Average	Year over Year % Change
Median Listing Price	$520,000	15.0%
Listing Count	33	-13.0%
Listings as % of Homes	0.6%	-13.0%
Days on Market	17	7.0%

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Demographics — Middlesex, NJ

As of the latest ACS Survey released in 2023, Middlesex, NJ has a population of 14,500, which has increased by 6.3% over the past 5 years. Middlesex, NJ is a moderately popular place for families, as children make up 20.7% of the population. The area has a moderately educated workforce, with 34.5% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 9.1% reporting working from home.

Metric	Latest Census	YoY % Change
Population	14,500	6.3%
% Under 18	20.7%	-9.6%
% Seniors	17.7%	12.7%
% WFH	9.1%	111.6%
% w/ College Degree	34.5%	28.7%

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As of the latest ACS Survey released in 2023, Middlesex, NJ is a predominantly white area, with 54.2% of the population identifying as white. The white population has shrunk by 11.7% in the last 5 years. The second most common race or ethnicity in Middlesex, NJ is hispanic, making up 26.3% of the population. Foreign-born residents account for 23.7% of the population in Middlesex, NJ, and this percentage has increased by 10.7% 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	54.2%	-11.7%
% Black	7.1%	-2.7%
% Hispanic	26.3%	11.0%
% Asian	11.7%	95.0%
% Foreign Born	23.7%	10.7%

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Mortgage and Risk — Middlesex, NJ

According to HUD data as of 2023, there were 241 mortgage originations in Middlesex, NJ, of which 80.0% of loans were conventional mortgages. The average loan-to-value was 68.0%, with 32.0% above 90% LTV (very high). This implies large mortgage risk in Middlesex, NJ. Investor activity is low, as 1.0% of loans were by investors. 8.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.

Mortgages

Metric	Zip Code Average
Total Loan Originations	241
% Conventional Loans	80.0%
% Government Loans	20.0%
% Investor Loans	1.0%
% Second Loans	0.0%
% Cash Out Refinance	8.0%

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Rentals and Section 8 — Middlesex, NJ

As of 2024, the percent of homes in Middlesex, NJ under the Section 8 program is 1.5%. 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. In Middlesex, 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	104
Total Units Section 8	18
% Rentals under Section 8	1.5%
% Occupied Section 8	93.0%

Section 8 Opportunity

Home Size	HUD Premium	Market Rent	Max HUD Rent
1 Bedroom	-$320	$1,950	$1,630
2 Bedroom	-$450	$2,500	$2,050
3 Bedroom	-$1,010	$3,500	$2,490
4 Bedroom	-$1,070	$3,800	$2,730

Middlesex, NJ—08846

Key Metrics at a Glance

Home Price Trends — Middlesex, NJ

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Middlesex, NJ

% of Rental Stock

Property Listings — Middlesex, NJ

Demographics — Middlesex, NJ

Race and Ethnicity

Mortgage and Risk — Middlesex, NJ

Mortgages

Rentals and Section 8 — Middlesex, NJ

Section 8 Market Size

Section 8 Opportunity

Affordability — Middlesex, NJ

Home Price to Income Ratio

Middlesex, NJ — ZIP Code Boundary Map

Nearby ZIP Codes

Dunellen, NJ

South Bound Brook, NJ

Bound Brook, NJ

Piscataway, NJ

Bridgewater Township, NJ

Frequently Asked Questions

Metric	Zip Code Average
Home Price to Income Ratio	4
Median Home Price	$553,000
Median Household Income	$107,000

Middlesex, NJ—08846

Key Metrics at a Glance

Home Price Trends — Middlesex, NJ

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Middlesex, NJ

% of Rental Stock

Property Listings — Middlesex, NJ

Demographics — Middlesex, NJ

Race and Ethnicity

Mortgage and Risk — Middlesex, NJ

Mortgages

Rentals and Section 8 — Middlesex, NJ

Section 8 Market Size

Section 8 Opportunity

Affordability — Middlesex, NJ

Home Price to Income Ratio

Middlesex, NJ — ZIP Code Boundary Map

Nearby ZIP Codes

Dunellen, NJ

South Bound Brook, NJ

Bound Brook, NJ

Piscataway, NJ

Bridgewater Township, NJ

Frequently Asked Questions

What is the average home price in Middlesex, NJ 08846?

How have home prices in Middlesex, NJ 08846 changed over the past year?

What is the home price projection for Middlesex, NJ 08846?

What are the demographics of Middlesex, NJ 08846?

How long does it take homes to sell in Middlesex, NJ 08846?

What is the average rent price in Middlesex, NJ 08846?