What is the median home value in Middlesex County, NJ?

The median home value in Middlesex County, NJ is $439,300, according to the latest Census ACS 5-Year Estimates.

What is the cap rate in Middlesex County, NJ?

The cap rate proxy in Middlesex County, NJ is 6.3% (estimated from HUD Fair Market Rent and Census home values with a 35% expense ratio). This is moderate — deal-by-deal analysis recommended.

How much new construction is happening in Middlesex County, NJ?

Middlesex County has 861,535 residents and issued 1,628 building permits over the trailing twelve months, according to the Census Building Permits Survey.

New York-Newark-Jersey City, NY-NJ-PA · New Jersey

Middlesex County

861,535 residents1,628 permits TTM$109,028 median HHI36 ZIP codesUpdated April 28, 2026

Investor first look

Median home value

$439,300

ACS 5-Year

Cap rate proxy

6.3%

FMR × 0.65 ÷ Home Value

Rent-to-income

19.9%

HUD FMR ÷ ACS HHI

Net migration

+2.32%

IRS SOI

Permits (TTM)

1,628

Census BPS

Climate risk

97.8

FEMA NRI (0–100)

ZIP code breakdown36 ZIP codes

ZIP	Median home value	Rent (FMR 2BR)	Gross yield	Cap rate	Rent gap
08828	—	—	—	5.1%	22.1%
08832	—	—	—	4.9%	22.1%
07001	—	—	—	4.1%	22.1%
08882	—	—	—	4.1%	22.1%
07077	—	—	—	4.1%	22.1%

Ranked by composite score

Median home value	Rent (FMR 2BR)	Gross yield	Cap rate	Rent gap
—	—	—	7.2%	-15.2%
—	—	—	6.2%	-86.7%
—	—	—	6.2%	-6.8%
—	—	—	6.1%	-22.2%
—	—	—	6.0%	-11.8%
—	—	—	5.9%	-15.4%
—	—	—	5.8%	-12.7%
—	—	—	5.7%	-1.0%
—	—	—	5.5%	-10.3%
—	—	—	5.4%	-14.8%
—	—	—	5.3%	-18.6%
—	—	—	5.3%	-10.0%
—	—	—	5.2%	-18.3%
—	—	—	5.2%	0.5%
—	—	—	5.1%	-0.8%
$631,051	$2,590	4.9%	4.8%	0.5%
—	—	—	4.8%	-0.5%
—	—	—	4.7%	-15.8%
—	—	—	4.7%	-15.5%
—	—	—	4.6%	11.8%
—	—	—	4.6%	-33.9%
—	—	—	4.0%	22.1%
—	—	—	4.0%	22.1%
—	—	—	4.0%	22.1%
—	—	—	3.9%	22.1%
—	—	—	3.9%	7.3%
—	—	—	3.8%	12.9%
—	—	—	3.6%	22.1%
—	—	—	3.4%	22.1%
—	—	—	3.0%	22.1%
—	—	—	2.9%	22.1%

Demographics

Owner-occupied

63.5%

Census ACS

Vacancy rate

3.5%

Census ACS

Bachelor's degree +

45.1%

Census ACS

Rent burdened

44.2%

Census ACS (>30% income)

Median age

39.4

Census ACS

Data sources

U.S. Census Bureau — American Community Survey 5-Year Estimates

U.S. Census Bureau — Building Permits Survey

U.S. Department of Housing and Urban Development — Fair Market Rents / Small Area Fair Market Rents (SAFMR)

Internal Revenue Service — Statistics of Income Migration Data

FEMA — National Risk Index

Last updated: April 28, 2026

Middlesex County

See all 36 ZIPs ranked by yield and cap rate