Matawan, NJ — Momentum Score, Home Values & Best-For

Monmouth County · New York-Newark-Jersey City · population 9,739

InvestorsSmall-town feel
View watchlist →
73
Rising
Momentum score · 0–100

Where Matawan stands

At or near all-time high. averaging 7.9% annual growth over 5 years.

Median home $648,912
1-year +3.4%
5-yr CAGR +7.9%
vs 5-yr peak +0.0%
Population +0.5%/yr

Home value trajectory · last 10 years

Zillow ZHVI · monthly
peak 2026-04$649k$301k$425k$550k$675k201620182020202220242026

Lifestyle scores

🚶
Walkability
25/100
Very car-dependent
Estimated from population density. Higher = denser, more amenities within walking distance.
🚉
Public transit
10/100
Transit limited
Curated list of major US transit systems + population-based estimate. Higher = real subway/rail/bus options.
💻
Remote work fit
47/100
Marginal for remote
Composite of city size, housing cost, state tax structure, and region's remote-work track record.

Scores are heuristic estimates from population density, state, and known transit/walkable cities. Not based on a paid Walk Score / Transit Score API — see methodology for the formula.

Rent trajectory · last 5 years

Zillow ZORI · monthly
$2,514/mo$1,965$2,389$2,812202220242026

Home value vs rent · indexed to 100

Both rebased at first month of ZORI data (~2015)
Home valueRent130120100120202220242026

Rent vs buy

Price-to-rent ratio: 21.5
Lean rent

At a 21.5 price-to-rent ratio, the math is starting to lean toward renting in Matawan. Owner-occupier ROI requires longer holds and the assumption that prices keep appreciating roughly at the rate of rent.

How the momentum score breaks down

methodology →
Home YoY
67 · w22%
Home 5-yr CAGR
78 · w22%
Distance from peak
90 · w18%
Population growth
54 · w16%
Rent YoY
73 · w12%
Home 10-yr CAGR
76 · w10%
Long thesis

Matawan has averaged 7.9% annual appreciation over five years and the trend is still live (+3.4% in the last 12 months). When a momentum trade keeps working, the simplest explanation is usually correct: more people want in.

Short thesis

Matawan's bear case is the boring one: the cycle is real and any market that's run hard can stall. Watch for slowing population growth, rising days-on-market, or builder discounts as the early warning signals.

About Matawan

Matawan is a city in Monmouth County, New Jersey, with an estimated population of 9,739. It anchors the New York-Newark-Jersey City metro area. The median home value in Matawan is $648,912 as of 2026-04, up 3.4% over the last 12 months. Over the last five years, home values have averaged +7.9% annual growth, with prices at or near the 5-year peak. Rents in Matawan average $2,514 per month, up 4.2% year-over-year. The composite momentum score is 73 of 100 (Rising). The market is healthy with prices supported by underlying demand.

Bull case

Healthy 5-year run: +7.9% annualized over 5 years, outpacing US inflation.
Quiet strength: +3.4% over the trailing year — not a melt-up, but the market is bid.
Held the highs: currently +0.0% from the 5-year peak — this market refused to give back gains.

Bear case

Thin housing market: small population means fewer transactions and slower resale. Liquidity risk on exit.
Local nuance: city-level data smooths over neighborhood differences. School zones, HOA rules, and street-level character matter — visit before deciding.

Playbook

Buyer

You're not in a frenzy but you're not getting bargains either. Make a competitive offer with normal inspection terms. Don't lowball — the listing will move with or without you.

Seller

Price at fair market value; expect movement in 30-45 days. Don't get clever with terms (rent-back, contingencies) — buyers in a Rising market have options.

Investor

Appreciation tailwind exists but cash flow requires discipline on price. Run the numbers conservatively and confirm rent comps before committing.

Local safety & alerts

No active National Weather Service alerts for Monmouth County right now.

Public-safety links are official .gov sources, not curated by us. Monmouth County routes NWS alerts; check the state EM portal for non-weather emergencies.

Neighborhoods of Matawan

1 tracked · ranked by median home value
1Strathmore$711,318+3.8%

Cities like Matawan

Sources: Zillow ZHVI (home values), Zillow ZORI (rents), US Census ACS + place population. Updated when source agencies publish revisions.

Climate & natural-disaster risk

Winter (Jan)
38° / 23°
avg high / low
Summer (Jul)
85° / 65°
avg high / low
Sunny days/yr
207
~57% of year
Annual precip
47″ rain
25″ snow
Disaster risk (1=very low, 5=very high)
Hurricane
High
Tornado
Very low
Wildfire
Very low
Earthquake
Very low
Flood
High

State-level averages from NOAA Climate Normals (1991-2020) and FEMA National Risk Index. City-level conditions can vary significantly within a state.

Local sports teams

Major professional teams the New York-Newark-Jersey City area cheers for. Detailed stats, schedules, and player pages on intherafters.com.

Current weather

Loading current conditions…

7-day forecast on weather.gov →

Find rentals & listings

Open current Matawan listings on the major real-estate sites.

Links open the live search on the destination site — results are always current.

Local economy & environment

Humidity
70%
Humid climate
Median household income
$97,100
New Jersey state median
Top industries (state-level)
FinancePharmaLogistics

Humidity is annual average relative humidity (NOAA). Income is Census ACS 5-year estimate. Industries are largest employment sectors statewide (BLS); the local mix in a given city may vary.

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