Martinsville NJ Commercial Properties For Sale
The median home value in Martinsville, NJ is $675,800. This is higher than the county median home value of $519,300. The national median home value is $338,100. The average price of homes sold in Martinsville, NJ is $675,800. Approximately 92.57% of Martinsville homes are owned, compared to 4.54% rented, while 2.90% are vacant. Martinsville real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you're interested in, contact a Martinsville real estate agent to arrange a tour today!
Learn More About Martinsville Real EstateStatistics & facts
11,980
Population
$675K
Medium Home Value
4,088
# of Households
2.90%
Housing Vacancy
47.22%
Future Job Growth
2.60%
Unemployment Rate
This information is being provided for Consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties Consumers may be interested in Purchasing. Information deemed reliable but not guaranteed. Copyright © 2025 Garden State Multiple Listing Service, LLC. All rights reserved. Notice: The dissemination of listings on this website does not constitute the consent required by N.J.A.C. 11:5.6.1 (n) for the advertisement of listings exclusively for sale by another broker. Any such consent must be obtained in writing from the listing broker.
Population
Martinsville has a population of approximately 11,980 and experiences a population change rate of -0.64%. The population density is 985.9 / sq mi.
Household
The median household income for Martinsville is $177,045, with 4,088 households and an average household size of 2.89.
Cost of Living
The cost of living index in Martinsville is 174.8%.
Home Value
The median value of a home in Martinsville is $675,800 with an appreciation rate of 14.9%. 92.6% of housing in the city is owned while 4.5% is rented.
Employment
The unemployment rate in Martinsville is 2.60%, and recent job growth is at 2.83%. Future job growth is projected at 47.22%.
Taxes
The sales tax rate in Martinsville is 6.63%, while the income tax rate is 5.53%.
Education
School expenditures in Martinsville are $23,575, and the school ratio is 10.9:1.
Weather
The average high temperature in July is 85.7 degrees, with an average low temperature in January of 20.2 degrees. The average rainfall is approximately 47.5 inches per year, with 22.9 inches of snow per year.
Education near Martinsville NJ
| Metric | City | County |
|---|---|---|
| High School Graduates | 97.87 | 94.35 |
| College Degree - 2 year | 5.93 | 6.23 |
| College Degree - 4 year | 69.67 | 56.13 |
| Graduate Degree | 21.44 | 18.19 |
| Expenditures per Student | $23,575 | $23,575 |
| Students per Teacher | 10.90 | 10.90 |
Elementary Schools near Martinsville NJ
| School | Grades | Students | P/T Ratio | ZIP |
|---|---|---|---|---|
| Angelo L. Tomaso School | KG - 05 | 298 | 10.1 | 07059 |
| Bound Brook Elementary School | PK - 08 | 1267 | 14.1 | 08805 |
| Central School | KG - 05 | 313 | 9.3 | 07059 |
| Hazelwood Elementary School | PK - 03 | 201 | 11.1 | 08846 |
| Mt. Horeb School | PK - 05 | 269 | 8.2 | 07059 |
| Parker Elementary School | KG - 03 | 220 | 14.4 | 08846 |
| Robert Morris School | PK - 08 | 465 | 12.3 | 08880 |
| Watchung Elementary School | KG - 03 | 199 | 14.5 | 08846 |
| Woodland School | KG - 05 | 285 | 9.3 | 07059 |
Middle Schools near Martinsville NJ
| School | Grades | Students | P/T Ratio | ZIP |
|---|---|---|---|---|
| Von E Mauger Middle School | 04 - 08 | 816 | 12.6 | 08846 |
High Schools near Martinsville NJ
| School | Grades | Students | P/T Ratio | ZIP |
|---|---|---|---|---|
| Bound Brook High School | 09 - 12 | 551 | 13.4 | 08805 |
| Middlesex High School | 09 - 12 | 648 | 11.2 | 08846 |
| Watchung Hills Regional High School | 09 - 12 | 2205 | 12.9 | 07059 |
Ungraded Schools near Martinsville NJ
| School | Grades | Students | P/T Ratio | ZIP |
|---|---|---|---|---|
| Developmental Learning Center Warren | PK - 12 | 205 | 4.7 | 07059 |
