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Marlboro

Why you'd want to live in Marlboro

Largely unknown to most of its current residents, Marlboro's history is a chronicle that is rich in tradition. In fact, its history might be called typical of the growth of the nation outside the large cities. From the earliest settlements until fairly recently, Marlboro was a rural community composed of a number of small hamlets with names like Morganville, Robertsville, Wickatunk, Bradevelt, Topanemus, Hillsdale, Montrose, and Pleasant Valley. Although they each had small inns or taverns, the hub of activity centered around what is still referred to today as Marlboro Village. This is the area around the intersection of Main Street (Route 79) and School Road. The exact time when the name Marlboro came into use is not known. For many years it had been called Marlborough, but there is no documentation when it was changed to Marlboro. History has it that the name came from the discovery of marl on a farm just east of the village in 1768. Marl is composed of the remains of prehistoric fish, clams, etc. from the period when New Jersey was part of the ocean bed. Farmers used marl to improve the soil in the days before commercial fertilizers and there was a heavy demand for it. The export of marl to all parts of the country became one of Marlboro's first industries. At the time of its incorporation, Marlboro had a population of about 1,500. By the 1880 census, that figure had grown to 2,200. After World War II, as the State started to build new roads and improve existing roads, the Township began to change from a rural to a suburban community. By the time of the 1980 census, Marlboro's population had risen to 18,000, and in 1990, it had grown to 28,000. Today, it stands at well over 30,000. via marlboro-nj.gov

Marlboro Market Report

$1,124,318

AVERAGE PRICE OF 118 HOMES

$1,038,092

AVERAGE PRICE OF 46 HOMES WITH A POOL

$1,923,916

AVERAGE PRICE OF 39 MULTI-MILLION DOLLAR HOMES

$964,062

AVERAGE PRICE OF 26 NEWLY BUILT HOMES

Average Home

Average Price $1,124,318
Avg Bedrooms 3.64 beds
Avg Bathrooms 3.34 baths

Average Price by Bedrooms

2 bedrooms $516,074
3 bedrooms $1,740,710
4 bedrooms $862,420
5 bedrooms $1,082,740
Marlboro Home Price Trends
  11/2023 10/2023 9/2023 8/2023 7/2023
Total Listings 116 122 124 116 108
Average Price $1,108,282 $1,101,132 $1,071,212 $1,038,935 $1,028,670
Avg Price Change +0.65% +2.79% +3.11% +1.00% -5.37%
Median Price $865,756 $863,839 $810,624 $794,582 $796,308
Med Price Change +0.22% +6.56% +2.02% -0.22% +1.86%
Avg Bedrooms 3.37 beds 3.1 beds 3.27 beds 3.26 beds 3.16 beds
Avg Bathrooms 2.75 baths 2.57 baths 2.58 baths 2.54 baths 2.54 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Colts Neck 20 $844,333 79 days
Freehold Regional 2 $762,450 34 days
Marlboro 26 $1,170,275 85 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 118 $1,124,318 163 days
Homes with a Pool 46 $1,038,092 61 days
Multi-Million Dollar Homes 39 $1,923,916 95 days
Newly Built Homes 26 $964,062 77 days

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Keller Williams West Monmouth
Ryan De La Uz
50B Route 9 North
Morganville, NJ 07751
732-754-8336

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Information is provided exclusively for consumers’ personal use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable, but is not guaranteed accurate by the MLS.
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