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Lake Hiawatha, NJ
Full City Profile · New Jersey · Morris County County
3.9
/5.0
B+
Good
10,406
Population
9,460/sq mi density
$101,500
Median Income
$54,688 per capita
$402,500
Home Value
$650,945 Zillow
$1,426
Median Rent
19.0% income on rent
52°F
Avg Temperature
275 sunny days/yr
47
Violent Crime/100K
935 property/100K
B+
Overall
3.9 / 5.0
Good overall score based on economy, affordability, safety and education
A+
Economy
5.0 / 5.0
$101,500 median income, 1.7% unemployment
A
Affordability
4.4 / 5.0
$402,500 home value, $1,426/mo rent
F
Safety
1.0 / 5.0
47 violent crimes/100K
A+
Education
5.0 / 5.0
51.0% bachelor's degree or higher
Housing Overview
Median Home Value
$402,500
43% above
US avg: $281,900
Median Rent
$1,426/mo
23% above
US avg: $1,163/mo
Homeownership Rate
60.8%
7% below US avg (65.4%)
Total Housing Units
4,296
Median year built: 1965
Home Value by Source
Census Median
$402,500
Zillow (ZHVI)
$650,945
Median Sale Price
$459,675
Median List Price
$612,450
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:
$1,426/mo
Market Indicators (Redfin)
Median Days on Market
26 days
Sale-to-List Ratio
1.0%
Buyers market
Homes Sold
6
Price Drops
40.0%
of listings with price reduction
Price Per Sq Ft
$302
Active Inventory
5
homes for sale
Affordability & Housing Stock
Rent Burden
19.0%
of renters spending 30%+ of income on housing
39% below US avg (31.0%)
Median Year Built
1965
Average age of housing stock: 61 years
Homeownership Rate
60.8%
Complete Housing Data
Home Values
| Census Median Value | $402,500 |
| Zillow Home Value (ZHVI) | $650,945 |
| Median Sale Price | $459,675 |
| Median List Price | $612,450 |
| Price Per Sq Ft | $302 |
Rent
| Census Median Rent | $1,426 |
| 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 | 26 |
| Sale-to-List Ratio | 1.0% |
| Price Drops | 40.0% |
| Homes Sold | 6 |
| Active Inventory | 5 |
| Price Per Sq Ft | $302 |
Ownership & Stock
| Owner-Occupied | 60.8% |
| Renter-Occupied | 39.2% |
| Homeownership Rate | 60.8% |
| Total Housing Units | 4,296 |
| Median Year Built | 1965 |
| Rent Burden | 19.0% |