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Mount Hermon, NJ

Full City Profile · New Jersey · Morris County County

2.9 /5.0
C+ Fair
237 Population 255/sq mi density
$71,250 Median Income $40,100 per capita
$396,900 Home Value $450,870 Zillow
52°F Avg Temperature 271 sunny days/yr
38 Violent Crime/100K 801 property/100K
C+
Overall
2.9 / 5.0
Fair overall score based on economy, affordability, safety and education
B+
Economy
3.8 / 5.0
$71,250 median income, 0.0% unemployment
B+
Affordability
3.5 / 5.0
$396,900 home value, /mo rent
F
Safety
1.0 / 5.0
38 violent crimes/100K
B
Education
3.1 / 5.0
26.7% bachelor's degree or higher

Housing Overview

Median Home Value
$396,900
41% above
US avg: $281,900
Homeownership Rate
83.3%
27% above US avg (65.4%)
Total Housing Units
87
Median year built: 1968

Home Value by Source

Census Median
$396,900
Zillow (ZHVI)
$450,870
Census ACS, Zillow ZHVI, Redfin median sale price

Ownership vs. Renting

83.3%
Owner-Occupied
16.7%
Renter-Occupied
83%
17%
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
27.2%
of renters spending 30%+ of income on housing
12% below US avg (31.0%)
Median Year Built
1968
Average age of housing stock: 58 years
Homeownership Rate
83.3%

Complete Housing Data

Home Values

Census Median Value$396,900
Zillow Home Value (ZHVI)$450,870

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-Occupied83.3%
Renter-Occupied16.7%
Homeownership Rate83.3%
Total Housing Units87
Median Year Built1968
Rent Burden27.2%