All Countries
Mount Hope, NJ
Full City Profile · New Jersey · Morris County County
3.7
/5.0
B+
Good
3,082
Population
1,401/sq mi density
$87,927
Median Income
$64,619 per capita
$387,800
Home Value
$484,472 Zillow
$1,745
Median Rent
28.1% income on rent
53°F
Avg Temperature
275 sunny days/yr
90
Violent Crime/100K
1,778 property/100K
B+
Overall
3.7 / 5.0
Good overall score based on economy, affordability, safety and education
A+
Economy
4.6 / 5.0
$87,927 median income, 2.8% unemployment
A
Affordability
4.2 / 5.0
$387,800 home value, $1,745/mo rent
F
Safety
1.0 / 5.0
90 violent crimes/100K
A+
Education
5.0 / 5.0
55.8% bachelor's degree or higher
Housing Overview
Median Home Value
$387,800
38% above
US avg: $281,900
Median Rent
$1,745/mo
50% above
US avg: $1,163/mo
Homeownership Rate
86.9%
33% above US avg (65.4%)
Total Housing Units
1,745
Median year built: 2000
Home Value by Source
Census Median
$387,800
Zillow (ZHVI)
$484,472
Median Sale Price
$325,000
Median List Price
$460,775
Census ACS, Zillow ZHVI, Redfin median sale price
Ownership vs. Renting
86.9%
Owner-Occupied
13.1%
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:
$1,745/mo
Market Indicators (Redfin)
Median Days on Market
80 days
Sale-to-List Ratio
1.0%
Buyers market
Homes Sold
5
Price Drops
11.8%
of listings with price reduction
Price Per Sq Ft
$281
Active Inventory
17
homes for sale
Affordability & Housing Stock
Rent Burden
28.1%
of renters spending 30%+ of income on housing
9% below US avg (31.0%)
Median Year Built
2000
Average age of housing stock: 26 years
Homeownership Rate
86.9%
Complete Housing Data
Home Values
| Census Median Value | $387,800 |
| Zillow Home Value (ZHVI) | $484,472 |
| Median Sale Price | $325,000 |
| Median List Price | $460,775 |
| Price Per Sq Ft | $281 |
Rent
| Census Median Rent | $1,745 |
| 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 | 80 |
| Sale-to-List Ratio | 1.0% |
| Price Drops | 11.8% |
| Homes Sold | 5 |
| Active Inventory | 17 |
| Price Per Sq Ft | $281 |
Ownership & Stock
| Owner-Occupied | 86.9% |
| Renter-Occupied | 13.1% |
| Homeownership Rate | 86.9% |
| Total Housing Units | 1,745 |
| Median Year Built | 2000 |
| Rent Burden | 28.1% |