Home Insurance in Monmouth County, New Jersey
Homes in Monmouth County carry a median value of $606,100 - 33% higher than the New Jersey median.
The typical home in Monmouth County was built around 1975. About 30% of homes were built before 1960, about 7 points below New Jersey's 38%. Aging wiring, roofing and plumbing in older homes can push up the cost to insure or rebuild them.
Housing in Monmouth County breaks down to 75% single-family homes, 17% apartments in buildings with 5+ units and 1% mobile or manufactured homes.
In Monmouth County, about 64% of owner-occupied homes have a mortgage - lenders require hazard insurance on every mortgaged home.
The vacancy rate is 7%; vacant or unoccupied homes typically need a different coverage form than an owner-occupied policy. About 76% of occupied homes in Monmouth County are owner-occupied.
81% of homes in Monmouth County are primarily heated with natural gas.
The top hazards for Monmouth County, per FEMA's National Risk Index, are strong wind (Very High), winter weather (Very High) and inland flooding (Relatively High).
Monmouth County had 19,533 active National Flood Insurance Program policies as of September 2026. Standard homeowners insurance does not cover flood damage, so flood coverage needs a separate NFIP or private flood policy.
In New Jersey, the statewide average premium for a standard HO-3 homeowners policy is $1,551 per year (NAIC, 2023 data).
Key figures
| Median home value | $606,100 |
|---|---|
| Median year built | 1975 |
| Owner-occupied share | 76% |
| Share of owner-occupied homes with a mortgage | 64% |
| Top hazards (FEMA National Risk Index) | Strong Wind (Very High), Winter Weather (Very High), Inland Flooding (Relatively High) |
| Active NFIP flood policies (county) | 19,533 |
| Home insurance premium | $1,551 - statewide average (NAIC, 2023 data) |
Towns and cities
- Allenhurst
- Allentown
- Asbury Park
- Atlantic Highlands
- Avon-by-the-Sea
- Belmar
- Bradley Beach
- Deal
- Eatontown
- Fair Haven
- Farmingdale
- Freehold
- Highlands
- Interlaken
- Keansburg
- Keyport
- Lake Como
- Little Silver
- Loch Arbour
- Long Branch
- Manasquan
- Matawan
- Monmouth Beach
- Neptune City
- Oceanport
- Red Bank
- Rumson
- Sea Bright
- Sea Girt
- Shrewsbury
- Spring Lake
- Spring Lake Heights
- Tinton Falls
- West Long Branch
Smaller communities
-
Brielle
- Median home value: $849,100
- Median year built: 1964
- Owner-occupied share: 91%
-
Englishtown
- Median home value: $509,900
- Median year built: 1991
- Owner-occupied share: 68%
-
Roosevelt
- Median home value: $364,900
- Median year built: 1939 or earlier
- Owner-occupied share: 79%
-
Union Beach
- Median home value: $460,900
- Median year built: 1963
- Owner-occupied share: 82%
Sources
- U.S. Census Bureau Gazetteer Files (2024)
- U.S. Census Bureau, American Community Survey 2020-2024 5-Year Estimates (2024)
- FEMA National Risk Index (December 2025)
- FEMA OpenFEMA NFIP Redacted Policies v3 (2026)
- NAIC Dwelling Fire, Homeowners Owner-Occupied, and Homeowners Tenant and Condominium/Cooperative Unit Owners Insurance: Data for 2023 (published 2026) (2023)