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Andover, NJ

Full City Profile · New Jersey · Morris County County

3.5 /5.0
B+ Good
716 Population 530/sq mi density
$78,750 Median Income $40,985 per capita
$355,400 Home Value $550,364 Zillow
$1,549 Median Rent 33.2% income on rent
53°F Avg Temperature 275 sunny days/yr
114 Violent Crime/100K 1,621 property/100K
B+
Overall
3.5 / 5.0
Good overall score based on economy, affordability, safety and education
A+
Economy
4.5 / 5.0
$78,750 median income, 2.7% unemployment
A
Affordability
4.1 / 5.0
$355,400 home value, $1,549/mo rent
F
Safety
1.0 / 5.0
114 violent crimes/100K
A+
Education
4.5 / 5.0
43.9% bachelor's degree or higher

Housing Overview

Median Home Value
$355,400
26% above
US avg: $281,900
Median Rent
$1,549/mo
33% above
US avg: $1,163/mo
Homeownership Rate
60.2%
8% below US avg (65.4%)
Total Housing Units
309
Median year built: 1954

Home Value by Source

Census Median
$355,400
Zillow (ZHVI)
$550,364
Census ACS, Zillow ZHVI, Redfin median sale price

Ownership vs. Renting

60.2%
Owner-Occupied
39.8%
Renter-Occupied
60%
40%
US avg: 65.4% owner-occupied

Fair Market Rents (HUD FY2026)

Studio
$1,599/mo
1 Bedroom
$1,759/mo
2 Bedroom
$2,132/mo
3 Bedroom
$2,658/mo
4 Bedroom
$3,005/mo
Census median rent: $1,549/mo

Affordability & Housing Stock

Rent Burden
33.2%
of renters spending 30%+ of income on housing
7% above US avg (31.0%)
Median Year Built
1954
Average age of housing stock: 72 years
Homeownership Rate
60.2%

Complete Housing Data

Home Values

Census Median Value$355,400
Zillow Home Value (ZHVI)$550,364

Rent

Census Median Rent$1,549
FMR Studio$1,599
FMR 1-Bedroom$1,759
FMR 2-Bedroom$2,132
FMR 3-Bedroom$2,658
FMR 4-Bedroom$3,005

Market

Ownership & Stock

Owner-Occupied60.2%
Renter-Occupied39.8%
Homeownership Rate60.2%
Total Housing Units309
Median Year Built1954
Rent Burden33.2%