Housing & Real Estate — Madison Park, New Jersey

Overview

Total Housing Units2,988
Occupied2,849
Vacant139
Owner-Occupied908
Renter-Occupied1,941
Median Home Value (Census)$426,500
Estimated 2026~$457,000
Median Rent$1,558/mo
Median Property Tax$7,889/yr

Affordability

Home Price to Income RatioN/Ax
Home Affordabilityexpensive
Rent as % of Income23.5%
Severely Rent-Burdened52.0%

Housing Age

Built 2010 or later0
Built 2000-2009131
Built 1990-1999229
Built before 19601,189
Median Year Built1962
Sources: Census ACS 5-Year 2023; Census ACS 5-Year 2023, B25077; HUD FMR FY2026.