All Countries
Mendham, NJ
Full City Profile · New Jersey · Morris County County
4.3
/5.0
A
Great
4,977
Population
839/sq mi density
$223,750
Median Income
$114,107 per capita
$764,000
Home Value
$979,321 Zillow
$3,250
Median Rent
27.6% income on rent
53°F
Avg Temperature
275 sunny days/yr
A
Overall
4.3 / 5.0
Strong
A+
Economy
5.0 / 5.0
$223,750 median income, 2.1% unemployment
A+
Affordability
4.8 / 5.0
$764,000 home value, $3,250/mo rent
C+
Safety
2.5 / 5.0
0 violent crimes/100K
A+
Education
5.0 / 5.0
79.2% bachelor's degree or higher
Housing Overview
Median Home Value
$764,000
171% above
US avg: $281,900
Median Rent
$3,250/mo
179% above
US avg: $1,163/mo
Homeownership Rate
85.7%
31% above US avg (65.4%)
Total Housing Units
1,796
Median year built: 1971
Home Value by Source
Census Median
$764,000
Zillow (ZHVI)
$979,321
Median Sale Price
$1,154,500
Median List Price
$1,042,000
Census ACS, Zillow ZHVI, Redfin median sale price
Ownership vs. Renting
85.7%
Owner-Occupied
14.3%
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:
$3,250/mo
Market Indicators (Redfin)
Median Days on Market
21 days
Sale-to-List Ratio
1.2%
Buyers market
Homes Sold
2
Price Drops
33.3%
of listings with price reduction
Price Per Sq Ft
$607
Active Inventory
3
homes for sale
Affordability & Housing Stock
Rent Burden
27.6%
of renters spending 30%+ of income on housing
11% below US avg (31.0%)
Median Year Built
1971
Average age of housing stock: 55 years
Homeownership Rate
85.7%
Complete Housing Data
Home Values
| Census Median Value | $764,000 |
| Zillow Home Value (ZHVI) | $979,321 |
| Median Sale Price | $1,154,500 |
| Median List Price | $1,042,000 |
| Price Per Sq Ft | $607 |
Rent
| Census Median Rent | $3,250 |
| 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 | 21 |
| Sale-to-List Ratio | 1.2% |
| Price Drops | 33.3% |
| Homes Sold | 2 |
| Active Inventory | 3 |
| Price Per Sq Ft | $607 |
Ownership & Stock
| Owner-Occupied | 85.7% |
| Renter-Occupied | 14.3% |
| Homeownership Rate | 85.7% |
| Total Housing Units | 1,796 |
| Median Year Built | 1971 |
| Rent Burden | 27.6% |