The median home in Madison, New Jersey is valued at $959,928, up 6.4% year over year. Typical monthly rent is $2,751, producing a price-to-rent ratio of 29.1x — well above the national average of 18x. Madison is part of the New York-Newark-Jersey City, NY-NJ-PA metropolitan area, which CrashWatch tracks daily with real-time stress scores and crash risk analysis.

Home Value$959,928

+6.4%

Rent$2,751/mo

Prices rising — worse for buyers.

Affordability

Enter your income for Madison.

Income (annual)

Down Payment

$191,986 on $959,928

Example: $75,000 household income. Change it above to see your own.

Out of reach111.1% of income

Need $297,686/yr to afford.

PITI$6,946

P/I111.1%

Afford$242K

Gap-$718K

P&I $4,854Tax $1,976Ins $117

Renting $4,195/mo cheaper ($2,751 rent)6.50% 30yr, 20% down, county tax + NJ ins. 28% per HUD.

Home Buying Kit For Dummies (2025)Financing, negotiation, closing

Other cities in New Jersey

Compare Madison with other housing markets across New Jersey.

Deal$4.21M Alpine$2.96M Loch Arbour$2.88M Avalon$2.63M Stone Harbor$2.48M Bay Head$2.36M Sea Girt$2.3M Short Hills$2.26M

Full New York-Newark-Jersey City, NY-NJ-PA analysis

Stress scores, crash risk, early warning signals, and 12-month price forecasts for the New York-Newark-Jersey City, NY-NJ-PA metro.

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Madison, NJ