Monroe Township, NJ

Monroe Township is a city in the state of new-jersey with a population of roughly 50,944. It is in Middlesex County, New Jersey the New York-Newark-Jersey City, NY-NJ-PA core-based statistical areas (CBSA), and the New York-Newark, NY-NJ-CT-PA combined statistical area (CSA).Its Zip codes include 08831 .

Monroe Township's Home Prices Continue to Rise

Real estate in Monroe Township, NJ is a booming industry. The township has a population of over 34,000 and is growing rapidly. There are many new homes being built and existing homes are being renovated. This has created a shortage of housing in the township, which is driving up prices.

The average price of a home in Monroe Township was $334,500 in 2017. The median price was $309,900 and the average sale price was $399,700. The township had an inventory of only 9 homes at the end of 2017. This indicates that there is strong demand for housing in Monroe Township.

Monroe Township is located just outside of New York City and it has many attractions that make it an attractive place to live. There are many shopping areas and restaurants within close proximity to the township. The commute into New York City is not too bad and it takes about 20 minutes on average to get there by car.

The main reason people buy homes in Monroe Township is because of its excellent schools system. The township has five public schools that are rated as Excellent or Good by the state Department of Education. These schools provide excellent education for children from all walks of life and they help attract families to the township who want good schools for their children too.

Price Index: New York-Jersey City-White Plains, NY-NJ (MSAD)

Get Started