08840 — Middlesex County, New Jersey Market Snapshot
Housing market data for zip code 08840 in Middlesex County, New Jersey. Updated monthly with median prices, days on market, and more.
Market Sales Data
34 sales in 2026 (year to date)
Median Sale Price
$742,500
Days to Sell
49
Homes Sold
34
Inventory
33
Sale-to-List
107.1%
New Listings
51
Price/SqFt
$471
Pending Sales
45
Conforming Loan Available
Most homebuyers in 08840 can comfortably use conventional financing. The median home price of $742,500 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
08840's market is balanced with homes taking an average of 49 days to sell. Buyers have some negotiating room without the pressure of bidding wars.
Sale-to-List Ratio
Homes in 08840 are selling 7.1% above asking price on average, signaling strong competition. Buyers should budget above list price.
Conforming Loan Feasibility
Most homebuyers in 08840 can comfortably use conventional financing. The median home price of $742,500 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 08840 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 08840
To purchase the median home at $742,500 with 5% down at today's rate of 6.75%, the estimated monthly payment is approximately $5,839.
Monthly Payment
$5,839
Income Required
$250,234
Principal & Interest
$4,575/mo
Down Payment (5%)
$37,125
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 08840.
Estimated Monthly Payment
$4,745
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