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Lake Hopatcong, NJ
Full City Profile · New Jersey · Morris County County
3.8
/5.0
B+
Good
10,383
Population
1,405/sq mi density
$111,614
Median Income
$54,567 per capita
$388,300
Home Value
$441,667 Zillow
$1,599
Median Rent
32.6% income on rent
53°F
Avg Temperature
275 sunny days/yr
39
Violent Crime/100K
578 property/100K
B+
Overall
3.8 / 5.0
Good overall score based on economy, affordability, safety and education
A+
Economy
5.0 / 5.0
$111,614 median income, 1.7% unemployment
A+
Affordability
4.7 / 5.0
$388,300 home value, $1,599/mo rent
F
Safety
1.0 / 5.0
39 violent crimes/100K
A
Education
4.4 / 5.0
43.0% bachelor's degree or higher
Housing Overview
Median Home Value
$388,300
38% above
US avg: $281,900
Median Rent
$1,599/mo
37% above
US avg: $1,163/mo
Homeownership Rate
93.4%
43% above US avg (65.4%)
Total Housing Units
4,363
Median year built: 1962
Home Value by Source
Census Median
$388,300
Zillow (ZHVI)
$441,667
Median Sale Price
$547,500
Median List Price
$613,500
Census ACS, Zillow ZHVI, Redfin median sale price
Ownership vs. Renting
93.4%
Owner-Occupied
6.6%
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:
$1,599/mo
Market Indicators (Redfin)
Median Days on Market
37 days
Sale-to-List Ratio
1.0%
Buyers market
Homes Sold
6
Price Drops
5.6%
of listings with price reduction
Price Per Sq Ft
$321
Active Inventory
18
homes for sale
Affordability & Housing Stock
Rent Burden
32.6%
of renters spending 30%+ of income on housing
5% above US avg (31.0%)
Median Year Built
1962
Average age of housing stock: 64 years
Homeownership Rate
93.4%
Complete Housing Data
Home Values
| Census Median Value | $388,300 |
| Zillow Home Value (ZHVI) | $441,667 |
| Median Sale Price | $547,500 |
| Median List Price | $613,500 |
| Price Per Sq Ft | $321 |
Rent
| Census Median Rent | $1,599 |
| 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 | 37 |
| Sale-to-List Ratio | 1.0% |
| Price Drops | 5.6% |
| Homes Sold | 6 |
| Active Inventory | 18 |
| Price Per Sq Ft | $321 |
Ownership & Stock
| Owner-Occupied | 93.4% |
| Renter-Occupied | 6.6% |
| Homeownership Rate | 93.4% |
| Total Housing Units | 4,363 |
| Median Year Built | 1962 |
| Rent Burden | 32.6% |