Housing & Real Estate — Menlo Park Terrace, New Jersey
Overview
| Total Housing Units | 931 |
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| Occupied | 900 |
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| Vacant | 31 |
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| Owner-Occupied | 809 |
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| Renter-Occupied | 91 |
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| Median Home Value (Census) | $427,400 |
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| Estimated 2026 | ~$465,000 |
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| Median Rent | $1,879/mo |
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| Median Property Tax | $9,837/yr |
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Affordability
| Home Price to Income Ratio | N/Ax |
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| Home Affordability | moderate |
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| Rent as % of Income | 20.4% |
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| Severely Rent-Burdened | 61.0% |
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Housing Age
| Built 2010 or later | 12 |
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| Built 2000-2009 | 23 |
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| Built 1990-1999 | 0 |
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| Built before 1960 | 751 |
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| Median Year Built | 1954 |
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Sources: Census ACS 5-Year 2023; Census ACS 5-Year 2023, B25077; HUD FMR FY2026.
