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Bernardsville, NJ
Full City Profile · New Jersey · Morris County County
3.9
/5.0
B+
Good
7,871
Population
613/sq mi density
$231,006
Median Income
$106,981 per capita
$737,600
Home Value
$979,321 Zillow
$2,155
Median Rent
26.8% income on rent
53°F
Avg Temperature
275 sunny days/yr
26
Violent Crime/100K
561 property/100K
B+
Overall
3.9 / 5.0
Good overall score based on economy, affordability, safety and education
A+
Economy
4.9 / 5.0
$231,006 median income, 2.6% unemployment
A+
Affordability
4.9 / 5.0
$737,600 home value, $2,155/mo rent
F
Safety
1.0 / 5.0
26 violent crimes/100K
A+
Education
5.0 / 5.0
69.5% bachelor's degree or higher
Housing Overview
Median Home Value
$737,600
162% above
US avg: $281,900
Median Rent
$2,155/mo
85% above
US avg: $1,163/mo
Homeownership Rate
90.0%
38% above US avg (65.4%)
Total Housing Units
2,800
Median year built: 1963
Home Value by Source
Census Median
$737,600
Zillow (ZHVI)
$979,321
Median Sale Price
$1,062,500
Median List Price
$580,000
Census ACS, Zillow ZHVI, Redfin median sale price
Ownership vs. Renting
90.0%
Owner-Occupied
10.0%
Renter-Occupied
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:
$2,155/mo
Market Indicators (Redfin)
Median Days on Market
125 days
Sale-to-List Ratio
1.0%
Buyers market
Homes Sold
4
Price Drops
21.4%
of listings with price reduction
Price Per Sq Ft
$341
Active Inventory
14
homes for sale
Affordability & Housing Stock
Rent Burden
26.8%
of renters spending 30%+ of income on housing
14% below US avg (31.0%)
Median Year Built
1963
Average age of housing stock: 63 years
Homeownership Rate
90.0%
Complete Housing Data
Home Values
| Census Median Value | $737,600 |
| Zillow Home Value (ZHVI) | $979,321 |
| Median Sale Price | $1,062,500 |
| Median List Price | $580,000 |
| Price Per Sq Ft | $341 |
Rent
| Census Median Rent | $2,155 |
| 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
| Days on Market | 125 |
| Sale-to-List Ratio | 1.0% |
| Price Drops | 21.4% |
| Homes Sold | 4 |
| Active Inventory | 14 |
| Price Per Sq Ft | $341 |
Ownership & Stock
| Owner-Occupied | 90.0% |
| Renter-Occupied | 10.0% |
| Homeownership Rate | 90.0% |
| Total Housing Units | 2,800 |
| Median Year Built | 1963 |
| Rent Burden | 26.8% |