Housing in Madison Park, NJ

Home values, rent, ownership rates, and housing market data

Housing Market Snapshot

Source: Redfin — January 2026

Median Sale Price

$402,000

Median List Price

N/A

Price Per Sq Ft

$362

Days on Market

Active Inventory

N/A

Price Trends

Source: Redfin

Sale Price ↓ 18.4%List Price ↓ 20.2%Mar 24 → Jan 26

Market Competitiveness

Source: Redfin

Sold Above List

100.0%

Sale-to-List Ratio

100.8%

Seller's market

Sold Above Asking

100.0%

Market Activity

Source: Redfin

Homes Sold

Homes Sold ↑ 0.0%New Listings ↓ 66.7%Pending ↓ 50.0%Mar 24 → Jan 26

Price Per Square Foot

Source: Redfin

Median Sale $/SF

$362

Sale $/SF ↑ 0.6%List $/SF ↓ 1.4%Mar 24 → Jan 26

Madison Park vs Similar Cities

Source: Census ACS / Redfin (2023)

Compared to cities with under 10,000 residents. Madison Park is highlighted.

Median Home Value

83rd%ilemost expensive$386,200show rank

Median Rent

83rd%ilemost expensive rent$1,558show rank

Median Price Per Sq Ft

88th%ilemost expensive $/sqft$362show rank

Rent Burden

83rd%ilehighest rent burden24.5%show rank

Census Housing Data

Source: U.S. Census Bureau ACS (2023)

Median Home Value

$386,200

Median Rent

$1,558

Total Housing Units

2,988

Vacancy Rate

4.7%

Owner Occupied

31.9%

Renter Occupied

68.1%

Median Property Tax

$7,327

per year

Monthly Cost (w/ Mortgage)

$2,055

Housing Types

Single Family

31.6%

Multi-Family

68.4%

Mobile Home

0.0%

The current median sale price in Madison Park, NJ is $402,000 according to Redfin data. Homes spend a median of 34 days on the market. 100.0% of homes sold above asking price. The median price per square foot is $362. The median rent is $1,558 per month (Census ACS). About 31.9% of housing units are owner-occupied. The median year homes were built is 1962. There are 2,988 total housing units.