Chester, NJ
Full City Profile · New Jersey · Morris County County
4.2
/5.0
A
Great
1,359
Population
855/sq mi density
$152,578
Median Income
$80,525 per capita
$640,400
Home Value
$637,938 Zillow
$1,337
Median Rent
33.9% income on rent
53°F
Avg Temperature
275 sunny days/yr
A
Overall
4.2 / 5.0
Strong
A+
Economy
4.9 / 5.0
$152,578 median income, 2.6% unemployment
A
Affordability
4.3 / 5.0
$640,400 home value, $1,337/mo rent
C+
Safety
2.5 / 5.0
0 violent crimes/100K
A+
Education
5.0 / 5.0
61.1% bachelor's degree or higher
Housing Overview
Median Home Value
$640,400
127% above
US avg: $281,900
Median Rent
$1,337/mo
15% above
US avg: $1,163/mo
Homeownership Rate
76.3%
17% above US avg (65.4%)
Total Housing Units
596
Median year built: 1971
Home Value by Source
Census Median
$640,400
Zillow (ZHVI)
$637,938
Median Sale Price
$630,000
Census ACS, Zillow ZHVI, Redfin median sale price
Ownership vs. Renting
76.3%
Owner-Occupied
23.7%
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:
$1,337/mo
Market Indicators (Redfin)
Median Days on Market
9 days
Sale-to-List Ratio
1.1%
Buyers market
Homes Sold
1
Price Drops
0.0%
of listings with price reduction
Price Per Sq Ft
$575
Active Inventory
2
homes for sale
Affordability & Housing Stock
Rent Burden
33.9%
of renters spending 30%+ of income on housing
9% above US avg (31.0%)
Median Year Built
1971
Average age of housing stock: 55 years
Homeownership Rate
76.3%
Complete Housing Data
Home Values
| Census Median Value | $640,400 |
| Zillow Home Value (ZHVI) | $637,938 |
| Median Sale Price | $630,000 |
| Price Per Sq Ft | $575 |
Rent
| Census Median Rent | $1,337 |
| 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 | 9 |
| Sale-to-List Ratio | 1.1% |
| Price Drops | 0.0% |
| Homes Sold | 1 |
| Active Inventory | 2 |
| Price Per Sq Ft | $575 |
Ownership & Stock
| Owner-Occupied | 76.3% |
| Renter-Occupied | 23.7% |
| Homeownership Rate | 76.3% |
| Total Housing Units | 596 |
| Median Year Built | 1971 |
| Rent Burden | 33.9% |
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