Market Overview
Home Prices in Dunellen, NJ
The median home value in Dunellen, NJ is $545,870 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 2.5% compared to a year ago and up 8.2% from two years prior.
Compared to the U.S. national median of $410,000, homes in Dunellen are priced33% above average. Dunellen is part of the New York-Newark-Jersey City, NY-NJ-PA metro area.
Over the past five years, Dunellen home values have risen by approximately40.1%, reflecting strong long-term appreciation in this market.
Price History
Dunellen Home Price Trend
City Comparison
Dunellen vs. National Median
At $545,870, homes in Dunellen cost 33% above the national median of $410,000. Buyers in Dunellen should expect to pay a premium compared to most U.S. markets.
Affordability
What Does It Cost to Buy in Dunellen?
20% Down Payment
$109,174
on $545,870
Monthly P&I
$2,847/mo
30-yr @ 6.8%
Total Monthly Est.
~$3,616/mo
incl. taxes & insurance
Income Needed
$144,640
gross annual (30% rule)
10% Down Option
$54,587
+ PMI applies
Loan Amount (20% dn)
$436,696
at current rates
Estimates assume a 30-year fixed mortgage at 6.8%. Monthly total includes estimated property taxes and homeowner's insurance. Actual costs vary.
FAQ
Frequently Asked Questions
What is the average home price in Dunellen, NJ?
The median home value in Dunellen is $545,870 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 2.5% year-over-year.
How much have home prices changed in Dunellen?
Over the past year, home values in Dunellen have increased by 2.5%. Over five years, prices have risen approximately 40.1%.
How much do I need to earn to buy a home in Dunellen?
To comfortably afford the median home price of $545,870 with a 20% down payment ($109,174) at today's rates (6.8%), you'd need a gross annual income of approximately $144,640. This assumes keeping total housing costs at or below 30% of gross income.
How does Dunellen compare to the national average home price?
The national median home value is approximately $410,000. At $545,870, homes in Dunellen are 33% above the national average.
What metro area is Dunellen part of?
Dunellen is part of the New York-Newark-Jersey City, NY-NJ-PA metropolitan area. Home prices and market conditions can vary across the broader metro region.