Market Overview
Home Prices in Metuchen, NJ
The median home value in Metuchen, NJ is $700,727 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 1.9% compared to a year ago and up 8.3% from two years prior.
Compared to the U.S. national median of $410,000, homes in Metuchen are priced71% above average. Metuchen is part of the New York-Newark-Jersey City, NY-NJ-PA metro area.
Over the past five years, Metuchen home values have risen by approximately42.1%, reflecting strong long-term appreciation in this market.
Price History
Metuchen Home Price Trend
City Comparison
Metuchen vs. National Median
At $700,727, homes in Metuchen cost 71% above the national median of $410,000. Buyers in Metuchen should expect to pay a premium compared to most U.S. markets.
Affordability
What Does It Cost to Buy in Metuchen?
20% Down Payment
$140,145
on $700,727
Monthly P&I
$3,655/mo
30-yr @ 6.8%
Total Monthly Est.
~$4,642/mo
incl. taxes & insurance
Income Needed
$185,680
gross annual (30% rule)
10% Down Option
$70,073
+ PMI applies
Loan Amount (20% dn)
$560,582
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 Metuchen, NJ?
The median home value in Metuchen is $700,727 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 1.9% year-over-year.
How much have home prices changed in Metuchen?
Over the past year, home values in Metuchen have increased by 1.9%. Over five years, prices have risen approximately 42.1%.
How much do I need to earn to buy a home in Metuchen?
To comfortably afford the median home price of $700,727 with a 20% down payment ($140,145) at today's rates (6.8%), you'd need a gross annual income of approximately $185,680. This assumes keeping total housing costs at or below 30% of gross income.
How does Metuchen compare to the national average home price?
The national median home value is approximately $410,000. At $700,727, homes in Metuchen are 71% above the national average.
What metro area is Metuchen part of?
Metuchen 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.