07762 — Monmouth County, New Jersey Market Snapshot

Housing market data for zip code 07762 in Monmouth County, New Jersey. Updated monthly with median prices, days on market, and more.

Data as of May 2026

Market Sales Data

27 sales in 2026 (year to date)

Source: Redfin

Median Sale Price

$1,250,000

64.0% YoYClosed sales

Days to Sell

15

Median, listing to close

Homes Sold

27

Closed in 2026

Inventory

19

Sale-to-List

101.2%

New Listings

37

Price/SqFt

$950

Pending Sales

30

Jumbo Loan Likely Needed

The median home in 07762 at $1,250,000 exceeds the 2026 conforming loan limit of $1,209,750 by $40,250. Most buyers here will need jumbo loans, which typically require higher credit scores, larger down payments, and come with different rate pricing.

Market Insights

Market Temperature

Homes in 07762 are moving quickly at 15 days on market, indicating healthy buyer demand. Well-priced homes are likely seeing multiple offers.

Sale-to-List Ratio

Homes are selling very close to asking price in 07762 (101.2% sale-to-list ratio), indicating accurate pricing by sellers and steady demand.

Conforming Loan Feasibility

The median home in 07762 at $1,250,000 exceeds the 2026 conforming loan limit of $1,209,750 by $40,250. Most buyers here will need jumbo loans, which typically require higher credit scores, larger down payments, and come with different rate pricing.

Loan limits in 07762 are set at the county level.

2026 Loan Limits — Monmouth 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 07762

To purchase the median home at $1,250,000 with 5% down at today's rate of 6.75%, the estimated monthly payment is approximately $9,727.

Monthly Payment

$9,727

Income Required

$416,876

Principal & Interest

$7,702/mo

Down Payment (5%)

$62,500

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 07762.

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Estimated Monthly Payment

$7,886

Principal & Interest$6,486
Property Tax$1,250
Insurance$150
Loan Amount$1,000,000
Total Interest$1,334,953
Income Required$337,971/yr

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