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Hopatcong, NJ

Full City Profile · New Jersey · Morris County County

3.7 /5.0
B+ Good
14,470 Population 1,330/sq mi density
$114,057 Median Income $54,035 per capita
$318,600 Home Value $441,667 Zillow
$1,563 Median Rent 27.5% income on rent
53°F Avg Temperature 275 sunny days/yr
57 Violent Crime/100K 277 property/100K
B+
Overall
3.7 / 5.0
Good overall score based on economy, affordability, safety and education
A+
Economy
4.9 / 5.0
$114,057 median income, 2.4% unemployment
A+
Affordability
5.0 / 5.0
$318,600 home value, $1,563/mo rent
F
Safety
1.0 / 5.0
57 violent crimes/100K
B+
Education
3.7 / 5.0
34.2% bachelor's degree or higher

Housing Overview

Median Home Value
$318,600
13% above
US avg: $281,900
Median Rent
$1,563/mo
34% above
US avg: $1,163/mo
Homeownership Rate
89.5%
37% above US avg (65.4%)
Total Housing Units
6,496
Median year built: 1963

Home Value by Source

Census Median
$318,600
Zillow (ZHVI)
$441,667
Median Sale Price
$480,000
Median List Price
$399,000
Census ACS, Zillow ZHVI, Redfin median sale price

Ownership vs. Renting

89.5%
Owner-Occupied
10.5%
Renter-Occupied
90%
11%
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: $1,563/mo

Market Indicators (Redfin)

Median Days on Market
81 days
Sale-to-List Ratio
1.0%
Buyers market
Homes Sold
11
Price Drops
7.7%
of listings with price reduction
Price Per Sq Ft
$490
Active Inventory
26
homes for sale

Affordability & Housing Stock

Rent Burden
27.5%
of renters spending 30%+ of income on housing
11% below US avg (31.0%)
Median Year Built
1963
Average age of housing stock: 63 years
Homeownership Rate
89.5%

Complete Housing Data

Home Values

Census Median Value$318,600
Zillow Home Value (ZHVI)$441,667
Median Sale Price$480,000
Median List Price$399,000
Price Per Sq Ft$490

Rent

Census Median Rent$1,563
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 Market81
Sale-to-List Ratio1.0%
Price Drops7.7%
Homes Sold11
Active Inventory26
Price Per Sq Ft$490

Ownership & Stock

Owner-Occupied89.5%
Renter-Occupied10.5%
Homeownership Rate89.5%
Total Housing Units6,496
Median Year Built1963
Rent Burden27.5%