USA.com / New Jersey / Middlesex County / Monroe Township, NJ / 08831 / Housing

08831 Zip Code Housing

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As of 2010-2014, median price of a house in 08831 Zip Code is $319,800, which is about the same as the state average of $319,900 and is much higher than the national average of $175,700. The 08831 Zip Code median house value has grown by 89.68% since 2000. The growth rate for the price of a house in 08831 Zip Code is higher than the state average rate of 87.30% and is much higher than the national average rate of 46.91%. The median year that a house in 08831 Zip Code was built is 1986, which is newer than the median year for a house built in the state which is 1966 and is newer than the median year for a house built in the USA which is 1976.

Topics:House Value Housing Occupancy Year Structure Built Mortgage Status Mortgage Owner's Costs None-Mortgage Owner's Costs Units in Structure Rooms Bedrooms House Heating Fuel Gross Rent Vehicle Available

House Value

Median Value of a Total of 17,254 Owner Occupied Houses in 08831 Zip Code, see rank

08831 Zip Code	319,800 USD
New Jersey	319,900 USD
U.S.	175,700 USD

Median House Price Growth Since 2000, see rank

08831 Zip Code	89.68%
New Jersey	87.30%
U.S.	46.91%

Ranks: $50K or Less, $50-100K, $100-150K, $150-200K, $200-300K, $300-500K, $500-1M, $1M or More

*Based on 2010-2014 data. View historical house value data.

Housing Occupancy

	08831 Zip Code	New Jersey	U.S.
Total Housing Units	20,783, see rank, 100%	3,572,138	132,741,033
Occupied Housing Units	19,646, 94.53%, see rank	89.26%	87.55%
Owner Occupied	17,254, 83.02%, see rank	58.06%	56.34%
Renter Occupied	2,392, 11.51%, see rank	31.20%	31.21%
Vacant Housing Units	1,137, 5.47%, see rank	10.74%	12.45%
For Rent	152, 0.73%, see rank	2.18%	2.34%
For Sale Only	406, 1.95%, see rank	1.02%	1.20%
Rented or Sold, Not Occupied	62, 0.30%, see rank	0.70%	0.92%
For Seasonal, Recreational, or Occasional Use	298, 1.43%, see rank	3.72%	3.97%
For Migrant Workers	17, 0.08%, see rank	0.01%	0.03%
Other Vacant	202, 0.97%, see rank	3.11%	4.00%

*Based on 2010-2014 data. View historical housing occupancy data.

Year Structure Built

Median Built Year, #40

08831 Zip Code	New Jersey	U.S.
1986	1966	1976

Ranks: 1995 or earlier, 1960-1969, 1970-1979, 1980-1989, 1990-2000, 2000-2010

*Based on 2010-2014 data. View historical year structure built data.

Mortgage Status

	08831 Zip Code	%	New Jersey	U.S.
Owner-Occupied Units	17,254	100%	2,073,915	74,787,460
With a Mortgage	9,499	55.05%, see rank	69.83%	65.58%
Without a Mortgage	7,755	44.95%, see rank	30.17%	34.42%

*Based on 2010-2014 data. View historical mortgage status data.

Monthly Owner Costs for Housing Units with a Mortgage

Median Owner Costs, see rank

08831 Zip Code	2,554 USD
New Jersey	2,428 USD
U.S.	1,522 USD

Owner Costs Distribution

Monthly Owner Costs	08831 Zip Code	%	New Jersey	U.S.
$299 or Less	0	0.00%, see rank	0.04%	0.20%
$300 to $499	75	0.79%, see rank	0.35%	1.59%
$500 to $699	103	1.08%, see rank	0.83%	5.01%
$700 to $999	287	3.02%, see rank	2.80%	14.32%
$1,000 to $1,499	1,219	12.83%, see rank	11.13%	27.90%
$1,500 to $1,999	1,531	16.12%, see rank	17.94%	20.35%
$2,000 to $2,999	2,924	30.78%, see rank	36.29%	19.52%
$3,000 or More	3,360	35.37%, see rank	30.63%	11.12%

Owner Cost as a Percentage of the Total Income, Median Percentage, see rank

08831 Zip Code	27.80% of the Total Income
New Jersey	27.50% of the Total Income
U.S.	23.70% of the Total Income

Owner Cost as a Percentage of the Total Income, Distribution

	08831 Zip Code	%	New Jersey	U.S.
10% or Less	402	4.23%, see rank	3.98%	5.86%
10% to 20%	2,248	23.67%, see rank	23.73%	31.95%
20% to 30%	2,557	26.92%, see rank	28.42%	27.64%
30% to 40%	1,428	15.03%, see rank	16.62%	13.74%
40% or More	2,810	29.58%, see rank	26.85%	20.29%

*Based on 2010-2014 data. View historical monthly owner costs for housing units with a mortgage data.

Monthly Owner Costs for Housing Units without a Mortgage

Median Owner Costs, see rank

08831 Zip Code	959 USD
New Jersey	972 USD
U.S.	457 USD

Owner Costs Distribution

Monthly Owner Costs	08831 Zip Code	%	New Jersey	U.S.
$199 or Less	57	0.74%, see rank	1.19%	7.76%
$200 to $299	104	1.34%, see rank	1.66%	14.70%
$300 to $499	395	5.09%, see rank	6.42%	34.63%
$500 to $699	717	9.25%, see rank	13.17%	21.16%
$700 or More	6,482	83.58%, see rank	77.56%	21.75%

Owner Cost as a Percentage of the Total Income, Median Percentage, see rank

08831 Zip Code	22.40% of the Total Income
New Jersey	18.40% of the Total Income
U.S.	12.30% of the Total Income

Owner Cost as a Percentage of the Total Income, Distribution

	08831 Zip Code	%	New Jersey	U.S.
10% or Less	1,209	15.59%, see rank	21.71%	40.19%
10% to 20%	2,276	29.35%, see rank	32.37%	31.47%
20% to 30%	1,444	18.62%, see rank	16.94%	12.24%
30% to 40%	1,121	14.46%, see rank	9.46%	5.64%
40% or More	1,636	21.10%, see rank	18.56%	9.16%

*Based on 2010-2014 data. View historical monthly owner costs for housing units without a mortgage data.

Units in Structure

	08831 Zip Code	New Jersey	U.S.
Total Housing Units	20,783, 100%	3,572,138	132,741,033
1-unit, Detached	12,207, 58.74%, see rank	53.67%	61.65%
1-unit, Attached	5,432, 26.14%, see rank	9.26%	5.82%
2 Units	790, 3.80%, see rank	9.53%	3.75%
3 or 4 Units	829, 3.99%, see rank	6.43%	4.43%
5 to 9 Units	535, 2.57%, see rank	4.80%	4.78%
10 or More Units	952, 4.58%, see rank	15.34%	13.08%
Mobile Home, Boat, RV, Van, etc.	38, 0.18%, see rank	0.98%	6.49%

*Based on 2010-2014 data. View historical units in structure data.

Rooms

	08831 Zip Code	New Jersey	U.S.
Total Housing Units	20,783, 100%	3,572,138	132,741,033
1 Room	353, 1.70%, see rank	2.71%	1.95%
2 Rooms	242, 1.16%, see rank	2.15%	2.48%
3 Rooms	713, 3.43%, see rank	10.30%	9.13%
4 Rooms	2,223, 10.70%, see rank	15.19%	16.60%
5 Rooms	4,440, 21.36%, see rank	16.72%	20.41%
6 Rooms	4,050, 19.49%, see rank	16.15%	18.06%
7 Rooms	3,050, 14.68%, see rank	12.48%	12.27%
8 Rooms	2,359, 11.35%, see rank	10.49%	8.48%
9 Rooms or More	3,353, 16.13%, see rank	13.81%	10.60%
Median Rooms	6.10, see rank	5.70	5.50

*Based on 2010-2014 data. View historical rooms data.

Bedrooms

	08831 Zip Code	New Jersey	U.S.
Total Housing Units	20,783, 100%	3,572,138	132,741,033
No Bedroom	372, 1.79%, see rank	2.88%	2.17%
1 Bedroom	1,323, 6.37%, see rank	14.18%	11.16%
2 Bedrooms	9,242, 44.47%, see rank	25.93%	26.69%
3 Bedrooms	4,569, 21.98%, see rank	32.62%	39.70%
4 Bedrooms	3,921, 18.87%, see rank	18.83%	16.05%
5 or More Bedrooms	1,356, 6.52%, see rank	5.56%	4.22%

*Based on 2010-2014 data. View historical bedrooms data.

House Heating Fuel

	08831 Zip Code	New Jersey	U.S.
Total Housing Units	19,646, 100%	3,188,498	116,211,092
Utility Gas	12,885, 65.59%, see rank	74.16%	48.85%
Bottled, Tank, or LP Gas	151, 0.77%, see rank	1.94%	4.86%
Electricity	5,414, 27.56%, see rank	11.66%	36.68%
Fuel Oil, Kerosene, etc.	988, 5.03%, see rank	11.10%	5.86%
Coal or Coke	0, 0.00%, see rank	0.03%	0.12%
Wood	76, 0.39%, see rank	0.44%	2.12%
Solar Energy	0, 0.00%, see rank	0.03%	0.05%
Other Fuel	13, 0.07%, see rank	0.32%	0.47%
No Fuel Used	119, 0.61%, see rank	0.32%	1.00%

*Based on 2010-2014 data. View historical house heating fuel data.

Gross Rent

Monthly Rental	08831 Zip Code	New Jersey	U.S.
Occupied Units Paying Rent	2,157, 100%	1,077,463	39,201,928
$199 or Less	7, 0.32%, see rank	1.46%	1.50%
$200 to $299	44, 2.04%, see rank	3.04%	3.18%
$300 to $499	28, 1.30%, see rank	3.86%	7.37%
$500 to $699	96, 4.45%, see rank	4.64%	16.01%
$700 to $999	304, 14.09%, see rank	19.19%	29.17%
$1,000 to $1,499	858, 39.78%, see rank	40.89%	26.88%
$1,500 to $1,999	449, 20.82%, see rank	17.11%	9.79%
$2,000 or More	371, 17.20%, see rank	9.81%	6.10%
Median	$1,329, see rank	$1,188	$920

*Based on 2010-2014 data. View historical gross rent data.

Vehicle Available

	08831 Zip Code	New Jersey	U.S.
Occupied Housing Units	19,646, 100%	3,188,498	116,211,092
No Vehicles Available	1,364, 6.94%, see rank	11.70%	9.12%
1 Vehicles Available	7,423, 37.78%, see rank	34.71%	33.80%
2 Vehicles Available	7,733, 39.36%, see rank	36.16%	37.48%
3 or More Vehicles Available	3,126, 15.91%, see rank	17.43%	19.61%

*Based on 2010-2014 data. View historical vehicle available data.