The median home value in Malaga, NJ is $355,000. This is higher than the county median home value of $191,900. The national median home value is $219,700. The average price of homes sold in Malaga, NJ is $355,000. Approximately 87.68% of Malaga homes are owned, compared to 7.99% rented, while 4.34% are vacant. Malaga 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 Malaga real estate agent to arrange a tour today!
Malaga, New Jersey has a population of 1,201. Malaga is less family-centric than the surrounding county with 21.14% of the households containing married families with children. The county average for households married with children is 34.48%.
The median household income in Malaga, New Jersey is $65,288. The median household income for the surrounding county is $81,489 compared to the national median of $57,652. The median age of people living in Malaga is 43.2 years.
The average high temperature in July is 87.5 degrees, with an average low temperature in January of 24.5 degrees. The average rainfall is approximately 44.7 inches per year, with 16 inches of snow per year.