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Home values, rents and more in Shrewsbury, NJ

September 2026 figures from Zillow and the U.S. Census Bureau · updated 2026-11-07

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Typical home value
$1,020,000
Metro: $731,000 · U.S.: $366,000
Home values, past year
+11.5%
Metro: +4.9% · U.S.: +1.2%
Population
4,179
ACS 2020–24
Median household income
$178,958
Metro: $99,155 · U.S.: $80,734
ZIP codes around Shrewsbury, NJ, shaded by typical home valueShrewsbury077240773907703
  • Under $820k
  • $820k–$990k
  • $990k–$1.1M
  • $1.1M–$1.5M
  • $1.5M+
  • No data
ZIP codes around Shrewsbury, NJ, shaded by typical home value (Zillow, ZIP codes). Dashed lines are county borders. Shrewsbury is outlined.

How Shrewsbury compares

The typical home in Shrewsbury, NJ is worth about $1,020,000, according to the Zillow Home Value Index for September 2026. Home values in Shrewsbury are 39% above the typical value in the New York metro area ($731,000) and 2.8 times the U.S. typical value ($366,000).

Over the past year, home values in Shrewsbury rose 11.5%, compared with +4.9% in the New York metro area and +1.2% nationally.

The median household income is $178,958, against $99,155 in the New York metro area and $80,734 in the U.S. (Census Bureau, American Community Survey 2020–24).

About 4,179 people live in Shrewsbury (American Community Survey 2020–24).

Shrewsbury has the 145th-highest typical home value of the 558 cities in the New York metro area and the 75th-highest of 473 in New Jersey with Zillow figures.

Part of: Monmouth County, NJ · New York metro area · New Jersey

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  • 5- and 10-year price changes
  • Days on market and months of supply
  • Price cuts and sale-to-list ratio
  • Price-to-income and monthly cost to buy
  • Crime rates
  • Homeowners insurance premiums
  • Commute time to downtown
  • Flood, wildfire and natural hazard risk
  • Property-tax rate
  • 2024 presidential vote
  • Age, education and household make-up
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Nearby cities

ZIP codes in Shrewsbury, NJ

Sources

Home values: Zillow Home Value Index (ZHVI), all homes, middle tier, smoothed and seasonally adjusted, September 2026. Rents: Zillow Observed Rent Index (ZORI), seasonally adjusted. Population: Census population estimates (July 2025) for states, metros and counties; ACS 2020–24 for cities and ZIP codes. Income: U.S. Census Bureau, ACS 2020–24 5-year estimates. Boundaries: U.S. Census Bureau cartographic boundary files. Compiled by Home Economics.

"Typical" is Zillow's middle-tier value (homes between the 35th and 65th percentiles), not a median sale price. Changes are over the 12 months to September 2026.

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