08514 — Monmouth County, New Jersey Market Snapshot
Housing market data for zip code 08514 in Monmouth County, New Jersey. Updated monthly with median prices, days on market, and more.
Limited Sales Data
Only 6 homes sold in this ZIP code during the selected period. Statistics may not be representative. See the Monmouth County county page for broader data.
Market Sales Data
6 sales in 2026 (year to date)
Median Sale Price
$707,250
Days to Sell
29
Homes Sold
6
Inventory
11
Conforming Loan Available
Most homebuyers in 08514 can comfortably use conventional financing. The median home price of $707,250 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
Homes in 08514 are moving quickly at 29 days on market, indicating healthy buyer demand. Well-priced homes are likely seeing multiple offers.
Conforming Loan Feasibility
Most homebuyers in 08514 can comfortably use conventional financing. The median home price of $707,250 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 08514 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 08514
To purchase the median home at $707,250 with 5% down at today's rate of 6.75%, the estimated monthly payment is approximately $5,569.
Monthly Payment
$5,569
Income Required
$238,660
Principal & Interest
$4,358/mo
Down Payment (5%)
$35,363
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 08514.
Estimated Monthly Payment
$4,527
Connect with a LoanGraphs Loan Officer
Get expert guidance for zip code 08514. Tell us what you're looking for.