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Liberty Corner, NJ
Full City Profile · New Jersey · Somerset County County
4.2
/5.0
A
Great
1,789
Population
932/sq mi density
$213,094
Median Income
$128,917 per capita
$964,800
Home Value
$1,341,690 Zillow
$3,501
Median Rent
27.7% income on rent
51°F
Avg Temperature
275 sunny days/yr
A
Overall
4.2 / 5.0
Strong
A+
Economy
5.0 / 5.0
$213,094 median income, 1.8% unemployment
A
Affordability
4.1 / 5.0
$964,800 home value, $3,501/mo rent
C+
Safety
2.5 / 5.0
0 violent crimes/100K
A+
Education
5.0 / 5.0
70.0% bachelor's degree or higher
Housing Overview
Median Home Value
$964,800
242% above
US avg: $281,900
Median Rent
$3,501/mo
201% above
US avg: $1,163/mo
Homeownership Rate
64.2%
2% below US avg (65.4%)
Total Housing Units
647
Median year built: 1990
Home Value by Source
Census Median
$964,800
Zillow (ZHVI)
$1,341,690
Census ACS, Zillow ZHVI, Redfin median sale price
Ownership vs. Renting
64.2%
Owner-Occupied
35.8%
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:
$3,501/mo
Affordability & Housing Stock
Rent Burden
27.7%
of renters spending 30%+ of income on housing
11% below US avg (31.0%)
Median Year Built
1990
Average age of housing stock: 36 years
Homeownership Rate
64.2%
Complete Housing Data
Home Values
| Census Median Value | $964,800 |
| Zillow Home Value (ZHVI) | $1,341,690 |
Rent
| Census Median Rent | $3,501 |
| 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 | 64.2% |
| Renter-Occupied | 35.8% |
| Homeownership Rate | 64.2% |
| Total Housing Units | 647 |
| Median Year Built | 1990 |
| Rent Burden | 27.7% |