Everything You Should Know Before Moving to New Monmouth, NJ
Considering a move to New Monmouth, NJ? Home to around 10,000 residents, this coastal suburb features a strong sense of community, excellent schools, and a high owner-occupied housing rate. The median home price sits at $530,000, with average rents around $2,150, reflecting a higher cost of living. Crime rates are notably low and the area offers beautiful weather with 56% sunny days each year. With a high percentage of college-educated neighbors and convenient access to local healthcare and transit, New Monmouth is ideal for families and professionals alike.
Demographics - New Monmouth, NJ
Demographics - New Monmouth, NJ
New Monmouth is home to about 10,000 residents with a median age of 42.2, reflecting a mature, family-oriented community. The population is predominantly White at 85%, with a modest mix of Asian, Black, and other ethnicities, and about 10.5% of residents speak a language other than English at home. The area's balanced gender ratio and moderate population density offer a welcoming suburban environment.
Population:
10,000
Density:
3,500 per sq mi
Median Age:
42.2
Gender Ratio:
96 males per 100 females
Non-English Speakers Percentage:
10.5%
Ethnic Composition
White:
85.0%
Black:
3.0%
Asian:
7.5%
Others:
4.5%
Cost Of Living
What is the average cost of living in New Monmouth, NJ?
With a cost of living index of 133, New Monmouth is more expensive than the national average, driven mostly by housing and utilities. The median home value is $530,000 and the average rent is $2,150, making it important for new residents to budget accordingly. State taxes and everyday expenses also trend higher, reflecting the area's desirable location and amenities.
Median House Value:
$530,000
Gross Rent:
$2,150
Monthly Electricity Charges:
$145
Auto Insurance:
$1,900
House Owner Cost With Mortgage:
$2,350
House Owner Cost Without Mortgage:
$850
State Taxes:
Low:
1.4%
|
High:
10.75%
Cost Of Living Index:
133.0
Grocery:
124.0
Housing:
148.0
Utilities:
119.0
Transportation:
127.0
Health Care:
115.0
Miscellaneous:
113.0
Crime
Is New Monmouth, NJ a safe place to live?
New Monmouth boasts a low crime rate, with violent crimes at just 75 per 100,000 residents and a 1 in 1,333 chance of experiencing such an incident. Property crime is also below national averages, providing peace of mind for families and individuals alike. The community's safety is a key draw for those seeking a secure place to live.
Violent Crimes Per 100k:
75
Property Crimes Per 100k:
670
Crime Index:
745
Chance Of Violent Crime:
1 in 1,333
Chance Of Property Crime:
1 in 149
Weather
What is the weather like in New Monmouth, NJ year-round?
New Monmouth experiences four distinct seasons, with warm summers reaching up to 84°F and winters dipping to 26°F. The area receives about 46.5 inches of rainfall annually and enjoys sunshine 56% of the year, offering ample opportunities for outdoor activities. Residents can expect pleasant springs and colorful autumns, making it an appealing choice for those who appreciate seasonal variety.
Winter
Min:
26°F
Max:
41°F
Spring
Min:
46°F
Max:
68°F
Summer
Min:
66°F
Max:
84°F
Fall
Min:
49°F
Max:
70°F
Average Rainfall Inches:
46.5 inches
Sunny Days Percentage:
56%
Neighbors
The neighborhood features a high median household income of $116,000 and a low poverty rate of 4.5%, indicating financial stability among residents. Education levels are strong, with nearly half holding a bachelor’s degree or higher and 95% completing high school. Commute times average 38 minutes, reflecting the suburb’s balance of quiet living and access to nearby employment centers.
Median Income:
$50,000
Household Income:
$116,000
Family Income:
$128,000
Per Capita Income:
$48,000
Income Male:
$60,000
Income Female:
$51,000
Poverty Rate:
4.5%
Non English Speakers:
10.5%
Rent:
$2,150
Unemployment Rate:
3.8%
Public Transport Usage:
4.1%
Commute Time:
38.2 minutes
Education
High School or Higher:
95.4%
Bachelors or More:
48.7%
Education
How are the schools in New Monmouth, NJ?
Families in New Monmouth have access to well-regarded public and private schools, including New Monmouth Elementary and Thorne Middle School, both with favorable student-teacher ratios. Nearby colleges like Brookdale Community College and Monmouth University offer higher education options within a short drive. The community values education, making it an attractive choice for families with children.
Public Schools
Name:
New Monmouth Elementary School
Street:
121 New Monmouth Rd
Phone:
732-671-0267
Students:
410
Student Teacher Ratio:
13.5
Name:
Thorne Middle School
Street:
70 Murphy Rd
Phone:
732-787-1220
Students:
770
Student Teacher Ratio:
12.8
Private Schools
Name:
Mater Dei Prep
Street:
538 Church St
Phone:
732-671-9100
Students:
320
Colleges
Name:
Brookdale Community College
City:
Lincroft
State:
NJ
Distance:
3 miles
Students:
10,000
Name:
Monmouth University
City:
West Long Branch
State:
NJ
Distance:
10 miles
Students:
6,000
Healthcare
Residents benefit from excellent healthcare access, with major hospitals like Riverview Medical Center and Bayshore Medical Center nearby. The community enjoys a high health insurance coverage rate of 94.7% and a strong ratio of 3.1 physicians per 1,000 people. Quality healthcare services and emergency care are readily available, adding to the area’s overall appeal.
Major Hospitals
Name:
Riverview Medical Center
Address:
1 Riverview Plaza, Red Bank, NJ 07701
Phone:
(732) 741-2700
Type:
General & Surgical
Emergency Services:
Yes
Name:
Bayshore Medical Center
Address:
727 N Beers St, Holmdel, NJ 07733
Phone:
(732) 739-5900
Type:
General & Surgical
Emergency Services:
Yes
Physicians Per 1000:
3.1
Health Insurance Coverage:
94.7%
Health Care Index:
77.5
Housing Market
What is the housing market like in New Monmouth, NJ?
The housing market in New Monmouth is competitive, with a median home price of $530,000 and a high owner-occupied rate of 82%. Home values have appreciated by 5.2% in the past year, and rental vacancies are low at 4.2%, reflecting steady demand. The community offers a stable environment for both buyers and renters.
Median Home Price:
$530,000
Average Rent For 2 Bedroom:
$2,150
Owner Occupied Rate:
82.0%
Rental Vacancy Rate:
4.2%
Home Appreciation Rate (1yr):
5.2%
New Construction Rate:
1.3%
Foreclosure Rate:
0.3%
DMV Information
Vehicle services for New Monmouth residents are handled by the New Jersey Motor Vehicle Commission, conveniently accessible via their Trenton office or online. The DMV provides essential services such as licensing, registration, and title transfers. Residents can find more information or make appointments through the official state website.
State:
New Jersey
Department:
New Jersey Motor Vehicle Commission
Address:
225 E. State Street, Trenton, NJ 08666
Phone:
1-609-292-6500
Website:
Disclaimer: The information provided on this page is based on publicly available sources including AccuWeather, U.S. Census Bureau, local government data, and third-party partners such as Neustar. While we strive to ensure accuracy, all data is provided “as is” and should be independently verified before making any decisions. Movers.com makes no guarantees regarding the completeness or reliability of the information.