Ranked as the best suburb to buy a house in the state of New Jersey, Monmouth Junction is an unincorporated community and census-designated place located within South Brunswick Township, in Middlesex County, New Jersey. With a population of around 3,000 people and spanning over three constituent neighborhoods, Monmouth Junction is the 393rd largest community in New Jersey. 

What is the community of Monmouth Junction like? 

Lying almost equidistant – an hour’s drive away – from the megapolises of New York City and Philadelphia, Monmouth Junction is a small, close-knit community within South Brunswick Township.  
The South Brunswick Township was ranked 22nd by CNNMoney.com on its 2011 list of the "Best Places to Live", featuring its picks of the best small towns in the United States. in 2016, SafeWise named South Brunswick as the tenth-safest city in America to raise a child; the township was the third-highest ranked of the 12 communities in New Jersey included on the list.  
The small community of Monmouth is home to and lies in proximity to, several scenic trails and parks including the 77-mile Delaware and Raritan Canal State Park Trail, which is made up of three segments that transverse three counties, making the combined three segments the largest completed trail in New Jersey.  
In addition, the community lies just ten minutes from the picturesque Lake Carnegie, which is privately owned and is used by the Princeton University's rowing team and is home to the US Olympic rowing team. However, the lake is available for public use for activities such as ice skating, fishing, and picnicking. the Lake plays home to a variety of fish species including largemouth bass, carp, pickerel, crappie, channel catfish, and occasionally a few rainbow and brown trout that make their way into Carnegie Lake from Stony Brook. 
Residents of Monmouth Junction can also enjoy a day out at the enthralling Crystal Springs Family Waterpark, which is an aquatic center that hosts an activity pool, a kiddie pool, a lap pool, a lazy river, a recreational pool, a family pool, a splash pad, and water slides.  
At the same time, should you feel like shopping, head to the nearby township of Marlboro, whose central location is perfect to access a plethora of exciting shopping destinations. Some of the most fabulous shopping options near Marlboro include the Freehold Raceway Mall Freehold, Jersey Shore Premium Outlets, the Shoppes at Old Bridge, Menlo Park Mall, Monmouth Mall, Short Hills Mall, and Jersey Gardens.   

What is Real Estate like in Monmouth Junction?    

Real estate in Monmouth Junction has shown an average growth of 3.08% per year since the year 2000. since 2000, the prices of homes in Monmouth Junction have overall appreciated by a strong 90.44%. According to movoto.com, the home prices in Monmouth Junction have grown by more than a staggering 166.7% between January 2017 and January 2021.  
The median home price in Monmouth Junction is almost $450,000. Currently, there are 39 active homes for sale in Monmouth Junction, and at present, it typically takes 61 days for a listed home to sell. the average cost to rent a house in Monmouth Junction is $2,999 per month. Currently, there are 912 homes and apartments in the city, 92.5% of which are owned, and the remaining 7.5% are rented.  

How is the economic landscape of Monmouth Junction?     

On average, a Monmouth Junction resident earns around $36,000 per annum, decently higher than the US average of $28500. The city’s median household income of almost $96,800 per resident is, however, dramatically greater than the US average of approximately $53000.  
the community’s job market is expected to grow by 27.2% over the next ten years. Most of the residents of Monmouth Junction work in retail, finance, administrative services, educational services, public administration, professional and technical services, and healthcare.   

How are the schools in Monmouth Junction?    

Monmouth Junction is covered by South Brunswick Township School District, which is home to 10 schools and more than 8,800 enrolled students. Monmouth Junction also lies in proximity to many colleges including, among others, Middlesex County College, The College of New Jersey, and Mercer County Community College. 
When it comes to higher education, Monmouth Junction lies in the vicinity of several quality universities, most prominent among them being Princeton University. Founded in 1746 in Elizabeth as the College of New Jersey, Princeton is the fourth-oldest institution of higher education in the United States and one of the nine colonial colleges chartered before the American Revolution.       
Princeton provides undergraduate and graduate instruction in the humanities, social sciences, natural sciences, and engineering. As of May 2021, 69 Nobel laureates, 16 Fields Medalists and 16 Turing Award laureates have been affiliated with Princeton University as alumni, faculty members, or researchers. Princeton has also graduated many members of the U.S. Congress and the U.S. Cabinet, including eight Secretaries of State, three Secretaries of Defense, and two Chairman of the Joint Chiefs of Staff.     

Monmouth Junction in a nutshell        

To sum up, Monmouth Junction is a small, close-knit community in South Brunswick that is notably surrounded by several gorgeous lakes and trails. Despite its small size, the community has been recognized by Niche as the best place to buy a house in the state of New Jersey. Thanks to the community’s central location, residents of Monmouth Junction can easily access the unbeatable outdoor recreational opportunities offered by the megacities of New York and Philadelphia. Should you decide to move to New Jersey, Monmouth Junction would offer the best of both worlds – small-town charms and big-city amenities, all at the same time.  
 

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