Home prices
Monmouth Junction's median home value is $433,800. This is roughly $41,080 (10%) higher compared to its nearby areas.In comparison to the nation as a whole it is about $216,300 (99%) higher, and compared to the city of New York is approximately $172,200 (28%) lower.
Rents
Monmouth Junction's median rent is $2,356 per month. This is roughly $657 (38%) higher in comparison to the surrounding areas.It is roughly $1,294 (121%) higher compared to the US as a whole, and compared to the city of New York it is approximately $913 (63%) higher.
Nearby places
Dayton
Dayton is Monmouth Junction's neighbor to the east. Its real estate prices are somewhat less expensive. The median home in Dayton is valued at $372,100, which is $61,700 (16%) lower than Monmouth Junction. Rent there is substantially less expensive. The median monthly rent in Dayton is $1,725, which comes out to $631 (36%) lower than Monmouth Junction.
Heathcote
Heathcote is Monmouth Junction's neighbor to the northwest. Its housing prices are similar. The median home in Heathcote costs $430,800, which is very similar to Monmouth Junction. Its rents are a bit less expensive. In Heathcote the median rent is $2,087 per month, which is $269 (12%) lower than Monmouth Junction.
Kendall Park
Kendall Park is roughly 2 miles north of Monmouth Junction. Real estate prices there are a little less expensive. The median home in Kendall Park is valued at $408,000, which works out to $25,800 (6%) lower than Monmouth Junction. Rent there is substantially less expensive. In Kendall Park the median monthly rent is $1,370, which is $986 (71%) lower than Monmouth Junction.
Kingston
Kingston is approximately 3 miles west of Monmouth Junction. Its housing prices are somewhat less expensive. The price of the median home in Kingston is $359,900, which is $73,900 (20%) lower than Monmouth Junction. Its rents are a lot less expensive. Kingston's median monthly rent is $1,661, which is $695 (41%) lower than Monmouth Junction.
Princeton Meadows
Princeton Meadows is approximately 3 miles south of Monmouth Junction. The real estate prices there are a bit less expensive. The median home in Princeton Meadows costs $392,800, which is $41,000 (10%) lower than Monmouth Junction. Rent there is significantly less expensive. Princeton Meadows's median rent is $1,653 per month, which is $703 (42%) lower than Monmouth Junction.