08902 — Middlesex County, New Jersey Market Snapshot

Housing market data for zip code 08902 in Middlesex County, New Jersey. Updated monthly with median prices, days on market, and more.

Data as of May 2026

Market Sales Data

59 sales in 2026 (year to date)

Source: Redfin

Median Sale Price

$473,000

-14.4% YoYClosed sales

Days to Sell

68

Median, listing to close

Homes Sold

59

Closed in 2026

Inventory

95

Sale-to-List

100.9%

New Listings

103

Price/SqFt

$326

Pending Sales

71

Conforming Loan Available

Most homebuyers in 08902 can comfortably use conventional financing. The median home price of $473,000 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 68 days on average, 08902 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 are selling very close to asking price in 08902 (100.9% sale-to-list ratio), indicating accurate pricing by sellers and steady demand.

Conforming Loan Feasibility

Most homebuyers in 08902 can comfortably use conventional financing. The median home price of $473,000 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 08902 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 08902

To purchase the median home at $473,000 with 5% down at today's rate of 6.75%, the estimated monthly payment is approximately $3,774.

Monthly Payment

$3,774

Income Required

$161,742

Principal & Interest

$2,914/mo

Down Payment (5%)

$23,650

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 08902.

%
%

Estimated Monthly Payment

$3,077

Principal & Interest$2,454
Property Tax$473
Insurance$150
Loan Amount$378,400
Total Interest$505,148
Income Required$131,884/yr

Connect with a LoanGraphs Loan Officer

Get expert guidance for zip code 08902. Tell us what you're looking for.

I'm interested in:

No obligation. Free consultation.