The story of this market
The typical home in ZIP 07747 sells for about $612,500, or $325 per square foot.
Prices are down 4.1% from a year ago, which gives buyers more room to negotiate. Homes take about 46 days to sell. HUD's fair market rent for a two-bedroom is $2,540 a month.
ZIP 07747 — Matawan
The housing market in 07747 is currently experiencing a period of price stabilization following recent volatility. Inventory remains constrained, which continues to support pricing despite a year-over-year decline in median sale prices. Market activity is driven primarily by local demand and the area's appeal to commuters.
This ZIP is well-suited for commuters and families looking for suburban housing with reliable transit access to New York City and a established community infrastructure.
Median prices moved down 4.1% year over year.
Homes spend a median of 46 days on market with 0.0 months of supply — a fast-moving market.
0% of listings have cut prices · homes sell at 0% of asking — demand is holding steady.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 4.2% · poverty 5.5% — a stable, low-distress profile.
ZCTA 07747, Monmouth County NJ
The area is served by multiple districts including Matawan-Aberdeen Regional School District, generally characterized by stable performance and community-focused programming.
The area benefits from proximity to major employment hubs in Northern New Jersey and NYC, with ongoing residential development and transit-oriented infrastructure.
Composed from the ARED governance burden registry — tier-native tax structure (state + county + city + special districts), never averaged. State (New Jersey) — Farmland Assessment: Property is assessed based on its productive capability for agricultural use rather than its full market value, resulting in a lower tax burden. State (New Jersey) — Ad Valorem Property Tax: Tax is calculated as (Assessed Value * Tax Rate). Assessed value is determined by the municipal assessor at 100% of true market value. The tax rate is set by local taxing districts to cover municipal, county, and school budgets.
Residents have access to NJ Transit rail and bus services providing direct connections to New York City, alongside major highway access via the Garden State Parkway.
The area features local parks, community sports facilities, and proximity to regional shopping centers and dining districts in Matawan and Aberdeen.
The rental market is characterized by a mix of single-family rentals and apartment complexes, with demand driven by commuters seeking suburban living near transit.
The local economy is supported by a mix of retail, professional services, and a significant commuter population working in the broader New York-Newark-Jersey City metropolitan area.
The area is served by the NJ Transit North Jersey Coast Line via the Aberdeen-Matawan station, facilitating regional and NYC-bound commutes.
Development activity is focused on residential infill and transit-oriented projects near the rail corridor.
Parcels are subject to municipal, county, and school district taxation, with specific assessments managed by the Monmouth County Board of Taxation.
Data retrieved from US Census Bureau ZCTA-level tables.
Public schools whose reported address is in this area (NCES). Not attendance boundaries — schools that serve residents may sit outside it. Check the district's address locator for assignment.
- Supercharged Entertainment4.811 mi
- iPlay America4.511.6 mi
- Dave & Buster's Woodbridge - Middlesex4.211.3 mi
- Woodbridge Aquarium & Wildlife4.511.3 mi
- Keansburg Amusement Park4.16.2 mi
- Topgolf Edison4.310.9 mi
- Supercharged Entertainment4.811 mi
- Bell Works4.74.2 mi
- PNC Bank Arts Center4.32.9 mi
- New Jersey Convention and Exposition Center4.49.1 mi
- AMC New Brunswick 183.811.4 mi
- iPlay America4.511.6 mi
- Sri Guruvaayoorappan Temple4.82.6 mi
- Count Basie Center for the Arts4.69.2 mi
- Cheesequake State Park4.53.3 mi
- Brighton Beach4.518.4 mi
- Snug Harbor Cultural Center & Botanical Garden4.517.9 mi
- Asbury Park Boardwalk4.617.3 mi
- Shadowbrook at Shrewsbury4.99.9 mi
- Sandy Hook Lighthouse4.812.6 mi
- Cheesequake State Park4.53.3 mi
- Monmouth Park4.512.9 mi
- Holmdel Park4.83.3 mi
- Deep Cut Gardens4.85.4 mi
- Roosevelt Park4.711.6 mi
- Perth Amboy Harborside Marina4.67.3 mi
- Raritan Yacht Club4.57.1 mi
- Lockwood Boat Works4.74.7 mi
- Jersey Yacht Center4.54.3 mi
- Keyport Yacht Club4.73 mi
- Topgolf Edison4.310.9 mi
- Forsgate Country Club4.412.9 mi
- Old Bridge Golf Club - The Rose4.32.6 mi
- Tamarack Golf Course3.811.6 mi
- The Club at Woodbridge3.910.4 mi
- Menlo Park Mall4.411.4 mi
- Freehold Raceway Mall4.511 mi
- Staten Island Mall4.412.8 mi
- Woodbridge Center4.411.2 mi
- Ross Dress for Less4.29.5 mi
- Newark Liberty International Airport3.719.9 mi
- Chico Express3.919.6 mi
Theme parks, venues, golf, airports, museums, water and shopping across the area ranked by popularity within the radius shown.
A local landmark offering recreational space and scenic views.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.