08859 — Middlesex County, New Jersey Market Snapshot
Housing market data for zip code 08859 in Middlesex County, New Jersey. Updated monthly with median prices, days on market, and more.
Market Sales Data
36 sales in 2026 (year to date)
Median Sale Price
$573,750
Days to Sell
63
Homes Sold
36
Inventory
54
Sale-to-List
102.1%
New Listings
68
Price/SqFt
$365
Pending Sales
54
Conforming Loan Available
Most homebuyers in 08859 can comfortably use conventional financing. The median home price of $573,750 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
With homes sitting for 63 days on average, 08859 favors buyers. There may be opportunities to negotiate below asking price or request seller concessions for closing costs or rate buydowns.
Sale-to-List Ratio
Homes in 08859 are selling 2.1% above asking price on average, signaling strong competition. Buyers should budget above list price.
Conforming Loan Feasibility
Most homebuyers in 08859 can comfortably use conventional financing. The median home price of $573,750 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 08859 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 08859
To purchase the median home at $573,750 with 5% down at today's rate of 6.75%, the estimated monthly payment is approximately $4,546.
Monthly Payment
$4,546
Income Required
$194,824
Principal & Interest
$3,535/mo
Down Payment (5%)
$28,688
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 08859.
Estimated Monthly Payment
$3,701
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