Housing & Real Estate — Madison, New Jersey
Overview
| Total Housing Units | 5,721 |
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| Occupied | 5,554 |
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| Vacant | 167 |
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| Owner-Occupied | 3,563 |
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| Renter-Occupied | 1,991 |
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| Median Home Value (Census) | $943,200 |
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| Estimated 2026 | ~$1,099,000 |
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| Median Rent | $2,248/mo |
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| Median Property Tax | $10,001/yr |
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Affordability
| Home Price to Income Ratio | N/Ax |
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| Home Affordability | expensive |
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| Rent as % of Income | 15.7% |
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| Severely Rent-Burdened | 44.8% |
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Housing Age
| Built 2010 or later | 670 |
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| Built 2000-2009 | 306 |
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| Built 1990-1999 | 325 |
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| Built before 1960 | 2,788 |
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| Median Year Built | 1958 |
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Sources: Census ACS 5-Year 2023; Census ACS 5-Year 2023, B25077; HUD FMR FY2026.
