House Prices

House Prices & Home Values Martinsville, NJ 2026


Average Data

average house price$860,848
average size per house3240 ft²
average price per ft²266 $ / ft²

04/16/2026 - The value range (VR) for house prices in Martinsville, NJ is $272/ sqft to $272/ sqft. An average home with 3240 sqft costs approximately $881,280 to $881,280. Martinsville, NJ includes 1 ZIP codes and it is located in Somerset county. The lowest prices are found in ZIP 08836, while the highest are in ZIP 08836. The average price per sqare feet is $266. Our analysis is based on 13 property listings.

Avergage prices by ZIP codes Martinsville

08836297 $ / ft²




Historical development of home values in Martinsville

Year Estimated value (USD) Change vs. 2025
2010 $399,793 -53.6%
2011 $384,333 -55.4%
2012 $383,299 -55.5%
2013 $397,625 -53.8%
2014 $417,397 -51.5%
2015 $438,819 -49.0%
2016 $461,720 -46.4%
2017 $486,641 -43.5%
2018 $513,545 -40.3%
2019 $537,357 -37.6%
2020 $565,136 -34.4%
2021 $642,781 -25.3%
2022 $749,338 -13.0%
2023 $790,212 -8.2%
2024 $835,927 -2.9%
2025 $860,848 0.0%

Graph: estimated home values in Martinsville over time (USD)



Example: 100% financing house in Martinsville

Loan amount: $860,848

Interest rate: 6.00%

Fixed monthly payment: $5,161.22

Breakdown in the 1st month:
Interest portion: $4,304.24  –  Principal portion: $856.98

Yearly breakdown (100% financing)

Year Interest per year ($) Principal per year ($) Remaining balance at year-end ($)
1 $51,363.31 $10,571.31 $850,276.69
2 $50,711.29 $11,223.33 $839,053.36
3 $50,019.06 $11,915.56 $827,137.80
4 $49,284.14 $12,650.49 $814,487.31
5 $48,503.88 $13,430.74 $801,056.57
6 $47,675.51 $14,259.12 $786,797.45
7 $46,796.03 $15,138.59 $771,658.86
8 $45,862.32 $16,072.31 $755,586.56
9 $44,871.01 $17,063.61 $738,522.95
10 $43,818.57 $18,116.06 $720,406.89
11 $42,701.21 $19,233.41 $701,173.47
12 $41,514.93 $20,419.69 $680,753.79
13 $40,255.49 $21,679.13 $659,074.65
14 $38,918.37 $23,016.25 $636,058.40
15 $37,498.78 $24,435.84 $611,622.56
16 $35,991.63 $25,942.99 $585,679.56
17 $34,391.52 $27,543.10 $558,136.46
18 $32,692.72 $29,241.90 $528,894.56
19 $30,889.15 $31,045.48 $497,849.09
20 $28,974.33 $32,960.29 $464,888.79
21 $26,941.41 $34,993.21 $429,895.58
22 $24,783.11 $37,151.52 $392,744.06
23 $22,491.68 $39,442.94 $353,301.12
24 $20,058.93 $41,875.70 $311,425.43
25 $17,476.13 $44,458.50 $266,966.93
26 $14,734.03 $47,200.60 $219,766.33
27 $11,822.80 $50,111.83 $169,654.50
28 $8,732.01 $53,202.62 $116,451.89
29 $5,450.59 $56,484.04 $59,967.85
30 $1,966.77 $59,967.85 $0.00

Note: The calculation is based on a standard annuity mortgage with a fixed monthly payment over the entire term. Extra payments, interest rate changes, and additional purchase costs (e.g. taxes, notary fees) are not included.


How to sell in Martinsville, NJ


1500 sqft3900 sqft
Ø selling price$482,791$1,027,027
Ø fast selling$438,901$924,324
Ø high price sale$526,680$1,129,729

In 2026, houses in Martinsville, NJ will be offered at an average price of $266 per square foot. A 1,500 sqft home priced at $482,791 is 25.09% more expensive per square foot than a 3,900 sqft home priced at $1,027,027. Home prices in Martinsville, NJ vary significantly depending on the neighborhood and location. For a quick sale, a 2,700 sqft home should be listed at around $711,018. Sellers who can wait longer may achieve a higher price of up to $869,023.


Martinsville, NJ: A Scenic Somerset County Community

Martinsville, New Jersey, is an unincorporated community in Bridgewater Township, Somerset County, nestled along the Watchung Mountains.
Known for its scenic ridges and leafy neighborhoods, Martinsville NJ offers a suburban feel with proximity to major employment hubs. Homebuyers and visitors appreciate its blend of nature, history, and convenient access to I?287, I?78, and Route 22.

Nature and Recreation

The centerpiece is Washington Valley Park, featuring the Washington Valley Reservoir, wooded trails, and the renowned Chimney Rock Hawk Watch. Hiking, mountain biking, and birding are popular, with seasonal raptor migrations drawing enthusiasts from across New Jersey.
Scenic overlooks on the Watchung ridge provide sweeping views, especially vibrant during fall foliage.

Lifestyle and Community

Local life centers on Martinsville Road and Washington Valley Road, where small businesses, cafes, and services foster a friendly, walkable Main Street vibe.
Families are served by the Bridgewater?Raritan Regional School District, while nearby Somerville and Basking Ridge expand dining, shopping, and cultural options.

Housing and Access

Housing ranges from mid-century homes to custom estates on wooded lots, with desirable commuting options via nearby NJ Transit Raritan Valley Line stations in Somerville, Raritan, and Bound Brook.
With the 08836 ZIP code and a reputation for safety and greenspace, Martinsville, New Jersey stands out as a quiet, connected place to live.



FAQ – Home Values in Martinsville

What is the median home value in Martinsville in 2026?

In 2026, the typical home value in Martinsville is about $860,848 for an average home size of 3240 square feet. This corresponds to an average price of roughly $266 per square foot.

What is the average cost per square foot in Martinsville?

In 2026, homes in Martinsville sell for an average of around $266 per square foot, with a typical range between $272 and $272 per square foot, depending on the property’s location, condition, and lot size.

What is the average home size in ?

The average home size in Martinsville is about 3240 square feet, with an estimated 2026 value around $860,848.



Locations close to Martinsville, NJ

Edison, NJ244 $ / ft²
Metuchen, NJ247 $ / ft²
Hillsborough, NJ242 $ / ft²
Manville, NJ320 $ / ft²
Lebanon, NJ12 $ / ft²
Keasbey, NJ257 $ / ft²
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