The album peaked at twelve on the Billboard 200 chart. By February 1997, it was certified gold in sales by the RIAA, after sales exceeding 500,000 copies in the United States. Muddy Waters is also seen by many fans and critics to be a classic hip hop album.
The album peaked at twelve on the U.S. Billboard 200 and reached the top spot on the R&B Albums chart. By February 1997 the album was certified gold.
Steve Huey of Allmusic, though critical of the album's numerous interludes, stated that "lyrically, Redman is as strong as ever," and of the overall work, remarked that "Muddy Waters solidifies Redman's growing reputation as one of the most consistent rappers of the '90s."
Redman had stated that he had planned on releasing a sequel to the album entitled Muddy Waters 2, considering it his most classic work.