Home Insurance in Manville, New Jersey
The median home value in Manville is $354,300, 36% lower than the Somerset County median.
Aging wiring, roofing and plumbing in older homes can push up the cost to insure or rebuild them. The typical home in Manville was built around 1956. About 61% of homes were built before 1960, about 37 points above Somerset County's 24%.
Housing in Manville breaks down to 69% single-family homes and 4% apartments in buildings with 5+ units. The rest are 2-4 unit or other housing types.
55% of owner-occupied homes in Manville carry a mortgage, and mortgage lenders require hazard insurance for as long as the loan is active.
The vacancy rate is 5%; vacant or unoccupied homes typically need a different coverage form than an owner-occupied policy. About 77% of occupied homes in Manville are owner-occupied.
88% of homes in Manville are primarily heated with natural gas.
What's the biggest home insurance risk near Manville? FEMA's National Risk Index points to inland flooding (Relatively High) in Somerset County and Somerset County had 1,732 active NFIP flood policies as of September 2026. See the full Somerset County home insurance overview for all FEMA hazard ratings and flood coverage details. Flood damage is excluded from a standard homeowners 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 | $354,300 |
|---|---|
| Median year built | 1956 |
| Owner-occupied share | 77% |
| Share of owner-occupied homes with a mortgage | 55% |
| Top county hazard | Inland Flooding (Relatively High) |
| Active NFIP policies in Somerset County | 1,732 |
| Home insurance premium | $1,551 - statewide average (NAIC, 2023 data) |
Nearby towns
Sources
Data last updated: 2026-09-29
- 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)