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Advertise here →New Vernon, NJ · Houses & Market Data
New Vernon, New Jersey houses and real estate market data.
Houses in New Vernon, NJ (Morris County) — Census median home value $1,606,500, county listing prices up about 2.5% over the past year. Market data for New Vernon houses and the broader area.
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New Vernon, NJ is in Morris County, New Jersey — this guide covers houses in New Vernon and the whole local market: resale homes, condos, land, and new construction. The most recent Census estimate puts the population at 791, with a median household income of $-666,666,666. Census data puts New Vernon houses at a median value of $1,606,500 (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
New Vernon housing market
New Vernon is in Morris County, New Jersey. Manifest Census and county price-trend data provide baseline context for houses in New Vernon and the surrounding county market.
Median home value (Census ACS)
$1,606,500
Population (Census ACS)
791
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
New Vernon market snapshot
Population
791
County
Morris County
Median Household Income
$-666,666,666
Median Home Value (city)
$1,606,500
Median Listing Price (Morris County)
$742,000
Median Gross Rent
$3,205/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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What makes New Vernon different
Home Value, By Source
The Census Bureau's American Community Survey (2023 5-year estimate) puts New Vernon's median home value — across all owner-occupied homes, not just recent sales — at $1,606,500. 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
New Vernon has an estimated population of 791 and a median household income of $-666,666,666, per the Census Bureau's American Community Survey (2023 5-year estimate).
Affordability Snapshot
New Vernon's Census-reported median home value works out to about -0.0x the area's median household income, and median gross rent runs roughly -0% 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 New Vernon
County guide: Morris County — cities, market context, and local resources for the county that includes New Vernon.
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 Green Village, Gillette, Madison, Morristown, Stirling, Millington, Chatham, Florham Park, Cedar Knolls, Brookside, Mendham, Whippany, Morris Plains, Troy Hills, Mount Tabor, Parsippany.
Green Village market data
Nearby city · ~1.7 mi
Gillette market data
Nearby city · ~3.3 mi
Madison market data
Nearby city · ~3.5 mi
Morristown market data
Nearby city · ~4.0 mi
Stirling market data
Nearby city · ~4.1 mi
Millington market data
Nearby city · ~4.8 mi
Chatham market data
Nearby city · ~5.0 mi
Florham Park market data
Nearby city · ~5.2 mi
Cedar Knolls market data
Nearby city · ~5.7 mi
Brookside market data
Nearby city · ~5.8 mi
Mendham market data
Nearby city · ~6.5 mi
Whippany market data
Nearby city · ~6.7 mi
Morris Plains market data
Nearby city · ~6.9 mi
Troy Hills market data
Nearby city · ~8.9 mi
Mount Tabor market data
Nearby city · ~9.2 mi
Parsippany market data
Nearby city · ~9.3 mi
More New Jersey cities with market guides: Newark, Jersey City, Paterson, Elizabeth, Toms River, Trenton, Clifton, Camden.
Newark market data
Same-state city guide
Jersey City market data
Same-state city guide
Paterson market data
Same-state city guide
Elizabeth market data
Same-state city guide
Toms River market data
Same-state city guide
Trenton market data
Same-state city guide
Clifton market data
Same-state city guide
Camden market data
Same-state city guide
Adjacent-county Census places with USAHouses.com pages: New Providence (~4.8 mi), Summit (~6.3 mi), Mountainside (~7.5 mi), Short Hills (~8.0 mi), Fanwood (~8.4 mi), Springfield (~9.1 mi), Plainfield (~9.2 mi), Westfield (~9.4 mi), Garwood (~10.2 mi), Vauxhall (~10.4 mi), Roseland (~10.6 mi), Cranford (~10.7 mi), Kenilworth (~10.9 mi), Connecticut Farms (~11.4 mi), Union (~11.4 mi), South Orange (~11.5 mi).
New construction: New homes near New Vernon (Newark) · New Jersey new construction.
Census & home facts
New Vernon data from published sources
Population (ACS 2023)
791
Median home value (ACS 2023)
$1,606,500
Median gross rent (ACS 2023)
$3,205
County FHFA annual change (2025)
5.88%
County median listing price (FRED/Realtor.com) (2026-06-01)
$742,000
Census place type
CDP
County
Morris County
Land area (Census Gazetteer 2024)
3.55 sq mi
Census GEOID
3452020
Census ACS, FHFA, and FRED figures are labeled with the year present in existing CSVs. Subject to change / confirm locally.
NewUSAHouses.com communities
Closest verified new-home communities near New Vernon
Availability and pricing are controlled by the builder and may change; confirm with the builder.
Harding Run ↗
Pulte · Morristown, New Jersey · ~2.2 mi
High Pointe at Florham Park ↗
Lennar · Florham Park, New Jersey · ~3.9 mi · from $51,000
Kimbolton ↗
Pulte · Far Hills, New Jersey · ~8.0 mi · from $993,990
Valley View Park ↗
Lennar · East Hanover, New Jersey · ~8.2 mi · from $855,990
Mason Ridge ↗
Pulte · Denville, New Jersey · ~8.8 mi · from $799,990
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Common questions
New Vernon FAQ
What are houses worth in New Vernon, NJ?
The Census Bureau's American Community Survey puts the median value of houses in New Vernon at $1,606,500. Morris County's current median listing price runs $742,000, up about 2.5% over the past year.
How much do houses cost in New Vernon, NJ?
For owner-occupied houses in New Vernon, Census ACS data shows a median value of $1,606,500. Active listing prices in Morris County may differ — see the market snapshot above.
What types of houses are in New Vernon, NJ?
New Vernon 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 New Vernon, NJ?
The U.S. Census Bureau's American Community Survey (2023 5-year estimate) puts New Vernon's population at approximately 791.
What's the median rent in New Vernon, NJ?
The Census ACS estimates median gross rent in New Vernon at approximately $3,205 per month.
What is the median household income in New Vernon, NJ?
Census ACS data puts the median household income in New Vernon at approximately $-666,666,666.
Is the New Vernon housing market growing?
Morris County's FHFA house price index shows a 5.88% annual change in 2025.
Is New Vernon, NJ affordable relative to income?
Census ACS data puts New Vernon's median home value at about -0.0 times the median household income, with median gross rent equal to roughly -0% 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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