Similar to other places in this area, it's a lot more expensive compared to the nation as a whole. However it's substantially less expensive compared to the city of New York.
Home prices
Matawan's median home value is $350,400. This is roughly $6,260 (1%) higher in comparison to its nearby areas.In comparison to the country as a whole it is roughly $132,900 (61%) higher, and in comparison to the city of New York it is roughly $255,600 (42%) lower.
Rents
The median rent in Matawan is $1,506 a month. It is is very similar in comparison to its nearby areas.Compared to the rest of the country it is approximately $444 (41%) higher, and it is approximately $63 (4%) higher compared to the city of New York.
Nearby places
Strathmore
Strathmore is Matawan's neighbor to the southeast. Housing prices there are a bit more expensive. The median home cost in Strathmore is $381,300, which works out to $30,900 (8%) higher than Matawan. The rent there is fairly similar. The median rent in Strathmore is $1,494 per month, which is very similar to Matawan.
Morganville
Morganville is Matawan's neighbor to the south. The housing prices there are substantially more expensive. The value of the median home in Morganville is $553,800, which comes out to $203,400 (36%) higher than Matawan. Rent there is a lot more expensive. Morganville's median rent is $2,292 a month, which comes out to $786 (34%) higher than Matawan.
Keyport
Keyport is roughly 2 miles northeast of Matawan. Real estate prices there are a lot less expensive. The cost of the median home in Keyport is $264,200, which comes out to $86,200 (32%) lower than Matawan. Its rents are a little less expensive. In Keyport the median monthly rent is $1,160, which comes out to $346 (29%) lower than Matawan.
Cliffwood Beach
Cliffwood Beach is about 2 miles northeast from Matawan. The housing prices there are a lot less expensive. Cliffwood Beach's median home value is $253,500, which comes out to $96,900 (38%) lower than Matawan. Rent there is a bit less expensive. Cliffwood Beach's median rent is $1,171 per month, which comes out to $335 (28%) lower than Matawan.
Laurence Harbor
Laurence Harbor is about 2 miles north of Matawan. The real estate prices there are somewhat less expensive. The median home cost in Laurence Harbor is $267,900, which works out to $82,500 (30%) lower than Matawan. Rent there is a bit less expensive. Laurence Harbor's median monthly rent is $1,386, which works out to $120 (8%) lower than Matawan.
