08816 — Middlesex County, New Jersey Market Snapshot
Housing market data for zip code 08816 in Middlesex County, New Jersey. Updated monthly with median prices, days on market, and more.
Market Sales Data
100 sales in 2026 (year to date)
Median Sale Price
$592,000
Days to Sell
53
Homes Sold
100
Inventory
142
Sale-to-List
101.9%
New Listings
184
Price/SqFt
$360
Pending Sales
148
Conforming Loan Available
Most homebuyers in 08816 can comfortably use conventional financing. The median home price of $592,000 is well below the 2026 conforming loan limit of $1,209,750, meaning buyers can put as little as 3-5% down without hitting jumbo loan territory.
Market Insights
Market Temperature
08816's market is balanced with homes taking an average of 53 days to sell. Buyers have some negotiating room without the pressure of bidding wars.
Sale-to-List Ratio
Homes are selling very close to asking price in 08816 (101.9% sale-to-list ratio), indicating accurate pricing by sellers and steady demand.
Conforming Loan Feasibility
Most homebuyers in 08816 can comfortably use conventional financing. The median home price of $592,000 is well below the 2026 conforming loan limit of $1,209,750, meaning buyers can put as little as 3-5% down without hitting jumbo loan territory.
Loan limits in 08816 are set at the county level.
2026 Loan Limits — Middlesex County
| Property Units | Conforming Limit | FHA Limit |
|---|---|---|
| 1 Unit | $1,209,750 | $1,249,125 |
| 2 Units | $1,548,975 | $1,599,375 |
| 3 Units | $1,872,225 | $1,933,200 |
| 4 Units | $2,326,875 | $2,402,625 |
Affordability Snapshot — Zip 08816
To purchase the median home at $592,000 with 5% down at today's rate of 6.75%, the estimated monthly payment is approximately $4,686.
Monthly Payment
$4,686
Income Required
$200,817
Principal & Interest
$3,648/mo
Down Payment (5%)
$29,600
Based on 30-year fixed at 6.75%, 1.8% property tax, $1,800/yr insurance, 28% DTI guideline.
Mortgage Calculator
Estimate your monthly payment for a home in 08816.
Estimated Monthly Payment
$3,814
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