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Cedar Knolls, NJ
Full City Profile · New Jersey · Morris County County
3.9
/5.0
B+
Good
4,754
Population
2,308/sq mi density
$166,077
Median Income
$68,105 per capita
$610,100
Home Value
$709,926 Zillow
$2,802
Median Rent
31.0% income on rent
52°F
Avg Temperature
275 sunny days/yr
69
Violent Crime/100K
881 property/100K
B+
Overall
3.9 / 5.0
Good overall score based on economy, affordability, safety and education
A+
Economy
5.0 / 5.0
$166,077 median income, 1.9% unemployment
A+
Affordability
4.6 / 5.0
$610,100 home value, $2,802/mo rent
F
Safety
1.0 / 5.0
69 violent crimes/100K
A+
Education
5.0 / 5.0
55.8% bachelor's degree or higher
Housing Overview
Median Home Value
$610,100
116% above
US avg: $281,900
Median Rent
$2,802/mo
141% above
US avg: $1,163/mo
Homeownership Rate
60.8%
7% below US avg (65.4%)
Total Housing Units
1,783
Median year built: 1975
Home Value by Source
Census Median
$610,100
Zillow (ZHVI)
$709,926
Median Sale Price
$500,500
Median List Price
$674,450
Census ACS, Zillow ZHVI, Redfin median sale price
Ownership vs. Renting
60.8%
Owner-Occupied
39.2%
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:
$2,802/mo
· Zillow rent:
$3,173/mo
Market Indicators (Redfin)
Median Days on Market
21 days
Sale-to-List Ratio
1.0%
Buyers market
Homes Sold
2
Price Drops
0.0%
of listings with price reduction
Price Per Sq Ft
$361
Active Inventory
1
homes for sale
Affordability & Housing Stock
Rent Burden
31.0%
of renters spending 30%+ of income on housing
0% below US avg (31.0%)
Median Year Built
1975
Average age of housing stock: 51 years
Homeownership Rate
60.8%
Complete Housing Data
Home Values
| Census Median Value | $610,100 |
| Zillow Home Value (ZHVI) | $709,926 |
| Median Sale Price | $500,500 |
| Median List Price | $674,450 |
| Price Per Sq Ft | $361 |
Rent
| Census Median Rent | $2,802 |
| Zillow Rent (ZORI) | $3,173 |
| 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 | 21 |
| Sale-to-List Ratio | 1.0% |
| Price Drops | 0.0% |
| Homes Sold | 2 |
| Active Inventory | 1 |
| Price Per Sq Ft | $361 |
Ownership & Stock
| Owner-Occupied | 60.8% |
| Renter-Occupied | 39.2% |
| Homeownership Rate | 60.8% |
| Total Housing Units | 1,783 |
| Median Year Built | 1975 |
| Rent Burden | 31.0% |