Mountain Lakes, NJ · Houses & Market Data

Mountain Lakes, New Jersey houses and real estate market data.

Houses in Mountain Lakes, NJ (Morris County) — Census median home value $915,100, county listing prices up about 2.5% over the past year. Market data for Mountain Lakes houses and the broader area.

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Mountain Lakes, NJ is in Morris County, New Jersey — this guide covers houses in Mountain Lakes and the whole local market: resale homes, condos, land, and new construction. The most recent Census estimate puts the population at 4,535, with a median household income of $250,001. Census data puts Mountain Lakes houses at a median value of $915,100 (all owner-occupied homes); Morris County's current median listing price runs $742,000, up about 2.5% over the past year.

Info from government sites and builders may have provided source info.

Market overview

Mountain Lakes housing market

Mountain Lakes is in Morris County, New Jersey. Manifest Census and county price-trend data provide baseline context for houses in Mountain Lakes and the surrounding county market.

Median home value (Census ACS)

$915,100

Population (Census ACS)

4,535

Median household income

$250,001

County price trend (2025)

5.88% YoY

Population, income, and median home value from the project batch manifest (Census ACS 2023 5-year). County price trend from FHFA county HPI when present in the manifest row.

At a glance

Mountain Lakes market snapshot

Population

4,535

County

Morris County

Median Household Income

$250,001

Median Home Value (city)

$915,100

Median Listing Price (Morris County)

$742,000

Median Gross Rent

$2,941/mo

Price Trend (YoY)

+2.5%

Market data compiled from public sources; deemed reliable but not guaranteed; verify independently. See About

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Why Mountain Lakes

What makes Mountain Lakes different

Home Value, By Source

The Census Bureau's American Community Survey (2023 5-year estimate) puts Mountain Lakes's median home value — across all owner-occupied homes, not just recent sales — at $915,100. Separately, Morris County's current median listing price (via Realtor.com data, 2026-06-01) runs $742,000. These cover different geography (city vs. county) and different measures (assessed value vs. active listings), which is why we show both rather than picking one — full source list on our data sources page.

County Price Trend

Morris County's FHFA house price index shows a 5.88% annual change in 2025.

Population & Income

Mountain Lakes has an estimated population of 4,535 and a median household income of $250,001, per the Census Bureau's American Community Survey (2023 5-year estimate).

Affordability Snapshot

Mountain Lakes's Census-reported median home value works out to about 3.7x the area's median household income, and median gross rent runs roughly 14% of that same income on an annualized basis. Housing economists commonly flag a price-to-income ratio above 4x as historically elevated -- useful context, not a personal affordability verdict.

Nearby

Places around Mountain Lakes

County guide: Morris County — cities, market context, and local resources for the county that includes Mountain Lakes.

USAHouses.com also helps visitors looking in nearby Morris County and other New Jersey communities. Some locations may not yet have dedicated pages, but many licensed professionals in this region assist surrounding communities.

Nearby communities include Rainbow Lakes, Boonton, Mount Tabor, Parsippany, Lake Hiawatha, Troy Hills, Rockaway, Morris Plains, White Meadow Lake, Hibernia, Whippany, Cedar Knolls, Pine Brook, Victory Gardens, Lake Telemark, Towaco.

More New Jersey cities with market guides: Newark, Jersey City, Paterson, Elizabeth, Toms River, Trenton, Clifton, Camden.

Adjacent-county Census places with USAHouses.com pages: Roseland (~8.4 mi), Caldwell (~9.3 mi), North Caldwell (~9.7 mi), Essex Fells (~9.7 mi), Macopin (~9.9 mi), Packanack Lake (~10.3 mi), Singac (~10.4 mi), Pleasantdale (~10.6 mi), Pompton Lakes (~11.2 mi), Newfoundland (~11.4 mi), Bloomingdale (~11.4 mi), Totowa (~11.6 mi), Preakness (~11.8 mi), Pines Lake (~11.9 mi), Short Hills (~12.1 mi), Hopatcong (~12.2 mi).

New construction: New homes near Mountain Lakes (Newark) · New Jersey new construction.

ZIP codes

ZIP codes for Mountain Lakes

See all ZIP codes in Morris County →

Census & home facts

Mountain Lakes data from published sources

Population (ACS 2023)

4,535

Median home value (ACS 2023)

$915,100

Median household income (ACS 2023)

$250,001

Median gross rent (ACS 2023)

$2,941

County FHFA annual change (2025)

5.88%

County median listing price (FRED/Realtor.com) (2026-06-01)

$742,000

Census place type

borough

County

Morris County

Land area (Census Gazetteer 2024)

2.64 sq mi

Census GEOID

3448480

Census ACS, FHFA, and FRED figures are labeled with the year present in existing CSVs. Subject to change / confirm locally.

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Common questions

Mountain Lakes FAQ

What are houses worth in Mountain Lakes, NJ?

The Census Bureau's American Community Survey puts the median value of houses in Mountain Lakes at $915,100. Morris County's current median listing price runs $742,000, up about 2.5% over the past year.

How much do houses cost in Mountain Lakes, NJ?

For owner-occupied houses in Mountain Lakes, Census ACS data shows a median value of $915,100. Active listing prices in Morris County may differ — see the market snapshot above.

What types of houses are in Mountain Lakes, NJ?

Mountain Lakes houses include resale single-family homes, condos, mobile homes, and small multi-unit buildings, plus new construction in surrounding Morris County communities where builders are active. The housing-stock section below uses Census ACS structure counts when available for this city.

What is the population of Mountain Lakes, NJ?

The U.S. Census Bureau's American Community Survey (2023 5-year estimate) puts Mountain Lakes's population at approximately 4,535.

What's the median rent in Mountain Lakes, NJ?

The Census ACS estimates median gross rent in Mountain Lakes at approximately $2,941 per month.

What is the median household income in Mountain Lakes, NJ?

Census ACS data puts the median household income in Mountain Lakes at approximately $250,001.

Is the Mountain Lakes housing market growing?

Morris County's FHFA house price index shows a 5.88% annual change in 2025.

Is Mountain Lakes, NJ affordable relative to income?

Census ACS data puts Mountain Lakes's median home value at about 3.7 times the median household income, with median gross rent equal to roughly 14% of that income annually. This is a general benchmark, not a personal pre-qualification -- your own income, debt, and down payment determine what you can actually afford.

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