Real Estate Market Update for 07748 (Middletown, NJ)
Welcome to February's Market Update,. Let’s take a look at residential real-estate activity in your area during the month of February. The number of active listings was down 11% from one year earlier, and did not change from the previous month. These latest figures mean that buyers had a more limited selection of homes to choose from compared to the same month the previous year. As you can see, the median listing price for the month was just under 420-thousand dollars. Compared to last year, the average number of days units spent on the market before being sold was up 11%. This higher number of days may signal a slowdown in the local inventory-turnover rate. The median sale price was just over 290-thousand dollars. The number of units sold increased 20% year-over-year, and decreased 4% month-over-month. Higher year-over-year figures indicate that more buyers have been finding what they're looking for. Thanks for watching. We hope you use this information to make smart, informed decisions in your upcoming real-estate transactions. Feel free to contact us for more information or further assistance.
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Map Information for 07748 (Middletown, NJ)
Area Information for 07748 (Middletown, NJ)
  • Population: 28,238
  • Median Age: 40.97 yr
  • Median Commute Time: 30.44 mins
  • Educational Climate*: 4
  • Sales Tax: 7%
  • Population Density: 2,111/sq mi
  • Population Change Since 2000: .12%
  • Closest Airport: Newark Liberty International
  • Closest College: Monmouth University
  • Closest Jr. College: Brookdale Community College
  • Median Household Income: $102,393
  • Annual Residential Turnover: 9.32%
  • Median Years in Residence: 4.72 yr
  • Median Home Sales Price: $350,000
  • Closest Major Sports Team: New York Rangers
  • Change Avg. Household Income Since 2000: 29%
* Scale from 1-5  ** Index where 100 is the national average
Demographic Data for 07748 (Middletown, NJ)
Median Age: 40.97 Married: 40% Number of Households: 9,944 Households with Children: 3,989
    • Occupancy Types
      • 3599 Vacant
      • 8822 Owned
      • 12512 Rented
    • Transportation to Work
      • 43% Drive
      • 47% Public Transportation
      • 8% Walk / Bike / Other
      • 8% Work at Home
    National Index Comparisons:
    (100 National Average)
      • Population By Sex(%)
        • 50% Male
        • 50% Female
      • White/Blue Collar Jobs
        • 50% White Collar
        • 50% Blue Collar
      School Data for 07748 (Middletown, NJ)

      School Name Distance Type Grades GreatSchools Rating Parent Rating
      Little Village Daycare Center 0.4 mi Private PRESCHOOL-K 0 0
      Discovery Land Of Middletown, Nj 0.7 mi Private PRESCHOOL-K 0 0
      Middletown Village Elementary School 0.8 mi Public K-5 4-5 5
      Middletown - North High School 1.0 mi Public 9-12 3-5 3
      The Goddard School Of Middletown 1.2 mi Private PRESCHOOL-PRESCHOOL 0 0
      New Monmouth Elementary School 1.3 mi Public PRESCHOOL-5 3 4
      Cambridge Children's Academy 1.6 mi Private PRESCHOOL-K 0 0
      King Of Kings School 1.7 mi Private PRESCHOOL-K 0 0
      Mater Dei Prep High School 1.7 mi Catholic 9-12 0 4
      St Marys School 1.7 mi Catholic PRESCHOOL-8 0 4
      Thompson Middle School 1.8 mi Public 6-8 4-5 4
      Nut Swamp Elementary School 1.9 mi Public K-5 4-5 5
      Harmony Elementary School 1.9 mi Public PRESCHOOL-5 3-5 4
      Middletown - South High School 1.9 mi Public 9-12 4 4
      Ocean Avenue Elementary School 3.1 mi Public K-5 2 4
      Proximity to listed schools and their school district(s) does not guarantee enrollment eligibility. Please contact a local real estate professional or the local school district(s) for the most current information relating to schools in the area. Sources: and Onboard Informatics © 2015
      Local Weather for 07748 (Middletown, NJ)
        Community information and market data Powered by Onboard Informatics. Copyright ©2015 Onboard Informatics. Information is deemed reliable but not guaranteed. * Based on a 30-year fixed rate of 4.75% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.