Market Overview
Home Prices in Hazlet Township, NJ
The median home value in Hazlet Township, NJ is $620,172 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 5.2% compared to a year ago and up 4.1% from two years prior.
Compared to the U.S. national median of $410,000, homes in Hazlet Township are priced51% above average. Hazlet Township is part of the New York-Newark-Jersey City, NY-NJ-PA metro area.
Over the past five years, Hazlet Township home values have risen by approximately37.2%, reflecting strong long-term appreciation in this market.
Price History
Hazlet Township Home Price Trend
City Comparison
Hazlet Township vs. National Median
At $620,172, homes in Hazlet Township cost 51% above the national median of $410,000. Buyers in Hazlet Township should expect to pay a premium compared to most U.S. markets.
Affordability
What Does It Cost to Buy in Hazlet Township?
20% Down Payment
$124,034
on $620,172
Monthly P&I
$3,234/mo
30-yr @ 6.8%
Total Monthly Est.
~$4,107/mo
incl. taxes & insurance
Income Needed
$164,280
gross annual (30% rule)
10% Down Option
$62,017
+ PMI applies
Loan Amount (20% dn)
$496,138
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 Hazlet Township, NJ?
The median home value in Hazlet Township is $620,172 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 5.2% year-over-year.
How much have home prices changed in Hazlet Township?
Over the past year, home values in Hazlet Township have increased by 5.2%. Over five years, prices have risen approximately 37.2%.
How much do I need to earn to buy a home in Hazlet Township?
To comfortably afford the median home price of $620,172 with a 20% down payment ($124,034) at today's rates (6.8%), you'd need a gross annual income of approximately $164,280. This assumes keeping total housing costs at or below 30% of gross income.
How does Hazlet Township compare to the national average home price?
The national median home value is approximately $410,000. At $620,172, homes in Hazlet Township are 51% above the national average.
What metro area is Hazlet Township part of?
Hazlet Township 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.