Market Summary

Mountain Lakes, Morris County, NJ

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Median Home Price Price

$1,127,510 $1.1M

Median Monthly Rent Rent

$4,477 $4.5K

GRM

21.0x

GRM = Median Home Price divided by annual rent.

Price = Median Home Price.

Rent = Median Monthly Rent.

Similar markets within Morris County

Region Price Rent GRM Display
$1,212,089 $3,240 31.0x
$950,091 $3,993 20.0x
$957,569 $2,833 28.0x

Home prices

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Monthly rent

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GRM

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Similar markets within NJ outside of Morris County

Region Price Rent GRM Display
$902,803 $2,952 25.0x
$1,168,526 $4,462 22.0x
$1,325,885 $4,512 24.0x
$1,009,183 $3,795 22.0x
$1,164,767 $2,995 32.0x
$2,132,688 $4,293 41.0x
$430,147 $1,850 19.0x
$1,104,999 $3,210 29.0x
$1,000,043 $4,443 19.0x
$742,112 $2,443 25.0x
$1,029,590 $4,452 19.0x
$715,987 $2,496 24.0x
$778,218 $2,249 29.0x
$1,378,464 $4,510 25.0x
$1,055,770 $2,760 32.0x
$760,133 $3,354 19.0x
$1,148,667 $2,417 40.0x
$1,087,016 $3,495 26.0x
$680,302 $2,552 22.0x
$1,034,080 $3,250 27.0x
$747,336 $3,172 20.0x
$1,068,375 $3,447 26.0x
$968,032 $2,481 32.0x

Home prices

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Monthly rent

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GRM

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Similar markets outside of NJ

Region Price Rent GRM Display
$1,395,925 $4,264 27.0x
$925,080 $4,390 18.0x
$1,521,273 $3,920 32.0x
$1,405,765 $3,804 31.0x
$999,228 $4,284 19.0x
$1,274,156 $4,406 24.0x
$516,904 $3,854 11.0x
$1,175,988 $3,424 29.0x
$1,248,203 $4,417 23.0x
$2,070,957 $4,445 39.0x
$197,508 $1,125 15.0x
$3,261,316 $3,835 71.0x
$1,050,662 $3,862 23.0x
$272,642 $1,379 16.0x
$1,189,749 $3,044 32.0x

Home prices

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Monthly rent

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GRM

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Mountain Lakes

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Trend Insights

Median Rent in Mountain Lakes, NJ is $4,477, with MoM change +$52 and YoY change +$419 pointing to positive momentum while volatility is low (std $108).

Benchmark Markets Side by Side

Search a market to benchmark rent, price, YoY, and price-to-rent against Mountain Lakes, NJ.

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Metric
Base market Mountain Lakes, NJ
Compare market Select a market
Delta vs base
Median rent
$4,477
N/A
Median price
$1,127,510
N/A
YoY change
+$419
N/A
Price-to-rent
21.0x
Data unavailable
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