Why Live in Monmouth Heights at Manalapan
Monmouth Heights at Manalapan is a neighborhood within Manalapan Township, an area sought after for its diversity, highly rated schools and access to U.S. Route 9. Monmouth Heights features single-family home subdivisions, but no matter where residents live in the area, there are restaurants, places of worship and outdoor experiences close by. Alan Kurlander is a Realtor, global luxury expert and team lead of The Alan Kurlander Group with Coldwell Banker. Kurlander moved to Manalapan in 1980 and has seen the area grow with new residents moving down from busy New York to homes like those in Monmouth Heights at Manalapan. “It was the first generation of housing in Manalapan," Kurlander says. "It got really crazy in the mid-70s and 80s. The builders who came out would pick the best spots. The homes were great for commuting, close to the shore. And then, you’d get a decent-sized house.” People continue to move down to Monmouth Heights and Manalapan as a whole, a sign the area’s amenities are still in high demand. The community’s ranch-style and split-level homes usually range from $600,000 to $995,000, and many have three to four bedrooms. Five-bedroom homes in the Tepehemus Estates
Home Trends in Monmouth Heights at Manalapan, NJ
On average, homes in Monmouth Heights at Manalapan, Manalapan sell after 85 days on the market compared to the national average of 69 days. The median sale price for homes in Monmouth Heights at Manalapan, Manalapan over the last 12 months is $313,145, down 25% from the median home sale price over the previous 12 months.
Median Sale Price
$313,145
Median Single Family Sale Price
$318,300
Median Townhouse Sale Price
$235,000
Median 1 Bedroom Sale Price
$320,000
Average Price Per Sq Ft
$365
Number of Homes for Sale
6
Last 12 months Home Sales
16
Median List Price
$341,515
Median Change From 1st List Price
3%
Median Home Sale Price YoY Change
-25%