Old Bridge, NJ—08857
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Old Bridge, NJ
As of Oct '25, the median home price in Old Bridge, NJ is $623,000, with a year-over-year change of 4.4%. This indicates that home prices in Old Bridge, NJ are increasing. According to Zillow, the 1-year price projection is 1.2%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $623,000 | 4.4% |
| Single Family | $636,000 | 3.6% |
| Condos | $480,000 | 4.1% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $463,000 | 3.1% |
3 Bed | $607,000 | 4.1% |
4 Bed | $741,000 | 3.3% |
| 5 Bed | $894,000 | 3.4% |
% of Housing Stock
Rental Trends — Old Bridge, NJ
As of July '25, Rentcast reports the average rent in Old Bridge, NJ is $3,300, with a year-over-year rent change of 2.8%. Per bedroom, the median rent as of July '25 in Old Bridge, NJ is 1-bedrooms: $2,240, 2-bedrooms: $2,960, 3-bedrooms: $3,680, 4-bedrooms: $3,960. The most common rental property sizes in Old Bridge, NJ are 1-bedroom and 2-bedroom, accounting for 52.2% and 32.4% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $3,300 | $3,300 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $2,200 | $2,240 |
| 2 Bed Rent | $2,940 | $2,960 |
| 3 Bed Rent | $3,600 | $3,680 |
| 4 Bed Rent | $4,200 | $3,960 |
% of Rental Stock
Property Listings — Old Bridge, NJ
As of Oct '25, Realtor.com reports that the median days on market for a home in Old Bridge, NJ is 38. This is a increase of 40.0% 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 | $619,000 | 7.0% |
Listing Count | 99 | -1.0% |
| Listings as % of Homes | 0.4% | -1.0% |
Days on Market | 38 | 40.0% |
Demographics — Old Bridge, NJ
As of the latest ACS Survey released in 2023, Old Bridge, NJ has a population of 40,400, which has remained stable by 0.2% over the past 5 years. Old Bridge, NJ is a moderately popular place for families, as children make up 18.4% of the population. The area has a moderately educated workforce, with 36.1% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 13.6% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 40,400 | 0.2% |
% Under 18 | 18.4% | -9.4% |
% Seniors | 17.6% | 28.5% |
% WFH | 13.6% | 142.9% |
% w/ College Degree | 36.1% | -11.1% |
As of the latest ACS Survey released in 2023, Old Bridge, NJ is a predominantly white area, with 60.3% of the population identifying as white. The white population has shrunk by 12.1% in the last 5 years. The second most common race or ethnicity in Old Bridge, NJ is hispanic, making up 17.4% of the population. Foreign-born residents account for 22.2% of the population in Old Bridge, NJ, and this percentage has increased by 5.7% 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 | 60.3% | -12.1% |
% Black | 6.8% | 23.6% |
% Hispanic | 17.4% | 40.3% |
% Asian | 13.3% | -0.7% |
% Foreign Born | 22.2% | 5.7% |
Mortgage and Risk — Old Bridge, NJ
According to HUD data as of 2023, there were 655 mortgage originations in Old Bridge, NJ, of which 90.0% of loans were conventional mortgages. The average loan-to-value was 59.0%, with 14.0% above 90% LTV (elevated). This implies medium mortgage risk in Old Bridge, NJ. Investor activity is low, as 1.0% of loans were by investors. 11.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 655 |
% Conventional Loans | 90.0% |
% Government Loans | 10.0% |
% Investor Loans | 1.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 11.0% |
Loan Activity
Rentals and Section 8 — Old Bridge, NJ
As of 2024, the percent of homes in Old Bridge, NJ under the Section 8 program is 7.6%. 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 Old Bridge, 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 | 412 |
Total Units Section 8 | 404 |
% Rentals under Section 8 | 7.6% |
% Occupied Section 8 | 97.5% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | -$570 | $2,200 | $1,630 |
| 2 Bedroom | -$890 | $2,940 | $2,050 |
| 3 Bedroom | -$1,110 | $3,600 | $2,490 |
| 4 Bedroom | -$1,470 | $4,200 | $2,730 |
Affordability — Old Bridge, NJ
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 5 |
| Median Home Price | $623,000 |
| Median Household Income | $101,000 |