Area data
New monmouth, NJ — ZIP 07748
Population: 28,633 (Census ACS)
The median home value in ZIP 07748 (New monmouth, NJ) is $801,122 — up 6.7% over the past year. Homes sell for a median $837,500 after a median 17.5 days on market. Typical rent runs $3,250/month. 8 schools serve the area (NCES). FEMA's National Risk Index rates the county's overall natural-hazard risk Relatively High, with lightning, strongwind, winterweather the top-rated hazards. Cost of living is 12.5% above the US average (BEA, metro/state-level).
$801,122
Median home value
+6.7%
1-year change
17.5
Median days on market
Relatively High
Hazard risk (county)
Home values & appreciation
- Median home value
- $801,122
- 1-year appreciation
- +6.7%
- 3-year appreciation
- +20.9%
- 5-year appreciation
- +37.7%
- 10-year appreciation
- +84.1%
- All-time peak (2026-07)
- $801,122
- House Price Index (state)
- 430.8 (+5.2% YoY)
Sources: home value index (ZIP-level) · FHFA House Price Index (state-level)
Market activity
- Median sale price
- $837,500
- Median list price
- $777,500
- Median price per sqft
- $399
- 1-year sale-price change
- +16.7%
- Median days on market
- 17.5 days
- Homes sold (recent period)
- 48
- For-sale inventory
- 67
- Sale-to-list ratio
- 105.8%
- Active listings
- 30
- 1-year forecast
- +2.8%
- Days to pending
- 20 days
- New listings (monthly)
- 37
Source: recent area sales and market data (ZIP-level)
Rents
- Typical rent
- $3,250/mo
- Studio fair-market rent
- $1,510/mo
- 1BR fair-market rent
- $1,700/mo
- 2BR fair-market rent
- $2,100/mo
- 3BR fair-market rent
- $2,750/mo
- 4BR fair-market rent
- $3,040/mo
Sources: market rent index (ZIP-level) · HUD Fair Market Rents (metro/county-level, 40th-percentile regulatory reference)
Affordability
- Cost of living index (High)
- 112.5 (100 = US avg)
- Electricity rate (state-level)
- 22.6¢/kWh
- Natural gas rate (state-level)
- $14.20/MCF
- 30-year mortgage rate (national)
- 6.66%
- 15-year mortgage rate (national)
- 6.00%
Sources: BEA Regional Price Parities (metro/state-level) · EIA energy rates (state-level) · Freddie Mac PMMS (national)
Schools
- Total schools
- 8
- Elementary schools
- 5
- Middle schools
- 1
- High schools
- 2
- Schools include
- Middletown High School North, Middletown High School South, Thompson Middle School, Ocean Avenue Elementary School, Harmony Elementary School
Source: NCES school directory, 2022-23 (school-address-based)
Natural hazards & flood risk
- Overall hazard risk (county)
- Relatively High
- Top hazards (county)
- lightning, strongWind, winterWeather, coastalFlooding, heatWave
- Notable hazard ratings (county)
- coastalFlooding: Relatively High · coldWave: Relatively Moderate · drought: Relatively Moderate · earthquake: Relatively Moderate · heatWave: Relatively High · hurricane: Relatively Moderate
- FEMA flood zone
- AE
- Flood risk level
- High
- Wildfire risk to homes (county)
- Higher than 63% of US counties
- Buildings in wildfire direct-exposure zone
- 30.9%
- Radon potential (county)
- High radon potential — EPA Zone 1 of 3
- EPA Superfund (NPL) sites within 5 mi
- None
- Nearest Superfund site
- Imperial Oil Co., Inc./Champion Chemicals (6.9 mi)
Sources: FEMA National Risk Index (county-level) · FEMA flood data (ZIP-level) · USDA Forest Service Wildfire Risk to Communities (county-level) · EPA radon zones + Superfund NPL
Climate (30-year normals)
- Average annual temperature
- 57.0°F
- Average high
- 64.0°F
- Average low
- 49.0°F
- Annual precipitation
- 51.6 in
- Annual snowfall
- 4.7 in
- USDA plant hardiness zone
- 7b (extreme annual low 5 to 10°F)
Sources: NOAA Climate Normals (30-year, nearest-station) · USDA Plant Hardiness Zone Map (2023)
Air quality
- Air quality rating
- Good
- Median AQI (annual)
- 39
- Days with Good air quality
- 210
- Days with Moderate air quality
- 35
- Highest AQI recorded (year)
- 140
Source: EPA air quality data (nearest monitoring station, annual)
Walkability & transit
- Walkability index
- 10.2 / 20
- Transit service frequency
- -99,999
- Jobs reachable by car (30 min)
- 72,014
- Jobs reachable by transit (45 min)
- 80,433
Source: EPA Smart Location Database (metropolitan block groups)
Amenities
- National parks within ~60 mi
- 21
- Nearest national park
- Gateway National Recreation Area (16 mi)
- National parks include
- Gateway National Recreation Area, National Parks of New York Harbor, Statue Of Liberty National Monument
- Airports within 30 mi
- 16
- Nearest airport
- Hop Brook Farm Airport (5 mi)
- Nearest major airport
- Newark Liberty International Airport (EWR) (21 mi)
- Hospitals nearby (~15 mi)
- 15
- Hospitals include
- ROBERT WOOD JOHNSON UNIVERSITY HOSPITAL AT RAHWAY, RIVERVIEW MEDICAL CENTER, ROBERT WOOD JOHNSON UNIVERSITY HOSPITAL
- Avg hospital rating (CMS)
- 2.7 / 5
- Best hospital rating nearby (CMS)
- 5.0 / 5
- Solar radiation rating
- Fair (4.0 kWh/m²/day)
Sources: National Park Service · FAA airport data · CMS hospital data · DOE/NREL (proximity-based)
Migration
- Net migration (county)
- -1,584 tax filers
Source: IRS county-to-county migration data (county-level, ~12-month lag)
Housing stock
- Median year housing built
- 1,969
- Housing built before 1970
- 51.3%
- Housing built 2000 or later
- 10.2%
- Median annual property tax
- $10,001
- Mean commute to work
- 28 min
- Households with broadband internet
- 88.1%
Source: Census ACS 5-year estimates (ZIP-level)
Employment & development
- Total county employment
- 239,227
- Average weekly wage
- $1,298
- Top industries (by employment)
- Health Care, Accommodation & Food, Professional Services
- Annual residential building permits (county)
- 1,793
Sources: BLS QCEW (county-level) · Census Building Permits (county-level)
How it compares
| ZIP 07748 | State median | US median | |
|---|---|---|---|
| Median home value | $801,122 | $577,759 | $289,727 |
| Median sale price | $837,500 | $555,000 | $325,000 |
| Median days on market | 18 days | 42 days | 51 days |
| Typical rent | $3,250/mo | $2,540/mo | $1,808/mo |
| Median annual property tax | $10,001 | $9,504 | $2,006 |
State and US medians are computed across all US ZIP codes with sufficient public-data coverage, from the same sources as the figures above.
Area data compiled from public government, academic, and industry research feeds. Data sources →
Common questions
- What is the median home value in ZIP 07748?
- $801,122.
- What is the median sale price in ZIP 07748?
- $837,500.
- How long do homes take to sell in ZIP 07748?
- Median days on market: 17.5 days.
- What is typical rent in ZIP 07748?
- Typical rent: $3,250/month.
- What is the natural-hazard risk in ZIP 07748?
- Overall risk: Relatively High (FEMA NRI, county-level). Top hazards: lightning, strongWind, winterWeather, coastalFlooding, heatWave.
- Is ZIP 07748 in a flood zone?
- High (FEMA NFIP). FEMA flood zone AE.
- What is the wildfire risk in ZIP 07748?
- Risk to homes is higher than 63% of US counties (USDA Forest Service Wildfire Risk to Communities, county-level).
- What is the radon potential in ZIP 07748?
- High radon potential — EPA Zone 1 of 3, county-level. EPA recommends testing every home regardless of zone.
- Are there Superfund sites near ZIP 07748?
- No current or proposed National Priorities List sites within 5 miles (EPA).
- How many schools serve ZIP 07748?
- 8 schools (5 elementary, 1 middle, 2 high) (NCES, 2022-23).
- Is ZIP 07748 walkable?
- Walkability index: 10.2/20 (EPA Smart Location Database).
- What is the air quality in ZIP 07748?
- Good. Median AQI: 39. (EPA AQI).
- What is the cost of living in ZIP 07748?
- Regional Price Parity: 112.5 (100 = US average) (High) (BEA RPP, metro/state-level).
Nearby ZIP codes
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Data last updated
Most recent source refresh: Sep 2026. See all data sources →