Mountain Lakes Housing Information - Census

IndexMountain LakesNew JerseyNational
Median home price$825,100$316,400$184,700
Median rent asked$1,810$1,213$949
Avg. people per household3.22.72.6
Owner occupied households93.8%64.1%63.6%
Renter occupied households6.2%35.9%36.4%

Mountain Lakes Housing Information - Zillow

IndexMountain LakesNew JerseyNational
Zillow home value index$776,931$313,560$213,146
Year over year appreciation rate-0.41%10.64%8.00%
5 year average appreciation rate1.80%4.27%6.57%
10 year average appreciation rate-0.51%-0.86%1.33%

Did you know?

  • The median home price in Mountain Lakes is 347% higher than the national average.
  • The median rent asked in Mountain Lakes is 91% higher than the national average.
  • The average number of people per household in Mountain Lakes is 23% higher than the national average.
  • The number of owner occupied households in Mountain Lakes is 47% higher than the national average.
  • The number of renter occupied households in Mountain Lakes is 83% lower than the national average.

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Compare Mountain Lakes, NJ Housing To Other Cities

Vacancy vs occupancy levels

Vacancy status breakdown

Household statistics

Heating methods

Rent percent of household income

Inclusion of utilites in rent

Nearby cities with low home prices

City, StatePopulationHome PriceNational Avg.
Byram Center, NJ50$0100%
Victory Gardens, NJ1,623$171,7007%
East Orange, NJ64,621$209,50013%
Stanhope, NJ3,457$215,00016%
Newark, NJ280,139$222,10020%
Mountain Lakes, NJ4,287$825,100347%

Cities with similar population

City, StatePopulationHome PriceNational Avg.
Temple, GA4,287$102,60044%
Heber, CA4,287$152,80017%
Mitchell, IN4,287$71,60061%
Waverly, NY4,287$88,80052%
Grafton, ND4,287$83,10055%
Mountain Lakes, NJ4,287$825,100347%
Source: The Mountain Lakes, NJ housing data displayed above is derived from the 2016 United States Census Bureau American Community Survey (ACS) and Zillow data.