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Lake Telemark, NJ
Full City Profile · New Jersey · Morris County County
3.5
/5.0
B+
Good
1,519
Population
713/sq mi density
$107,065
Median Income
$46,341 per capita
$424,200
Home Value
$1,156,954 Zillow
52°F
Avg Temperature
275 sunny days/yr
31
Violent Crime/100K
813 property/100K
B+
Overall
3.5 / 5.0
Good overall score based on economy, affordability, safety and education
B+
Economy
3.8 / 5.0
$107,065 median income, 6.5% unemployment
A
Affordability
4.5 / 5.0
$424,200 home value, /mo rent
F
Safety
1.0 / 5.0
31 violent crimes/100K
A+
Education
4.8 / 5.0
47.0% bachelor's degree or higher
Housing Overview
Median Home Value
$424,200
50% above
US avg: $281,900
Homeownership Rate
91.0%
39% above US avg (65.4%)
Total Housing Units
458
Median year built: 1961
Home Value by Source
Census Median
$424,200
Zillow (ZHVI)
$1,156,954
Census ACS, Zillow ZHVI, Redfin median sale price
Ownership vs. Renting
91.0%
Owner-Occupied
9.0%
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
Affordability & Housing Stock
Rent Burden
43.7%
of renters spending 30%+ of income on housing
41% above US avg (31.0%)
Median Year Built
1961
Average age of housing stock: 65 years
Homeownership Rate
91.0%
Complete Housing Data
Home Values
| Census Median Value | $424,200 |
| Zillow Home Value (ZHVI) | $1,156,954 |
Rent
| 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
Ownership & Stock
| Owner-Occupied | 91.0% |
| Renter-Occupied | 9.0% |
| Homeownership Rate | 91.0% |
| Total Housing Units | 458 |
| Median Year Built | 1961 |
| Rent Burden | 43.7% |