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Short Hills, NJ

Full City Profile · New Jersey · Essex County County

3.6 /5.0
B+ Good
14,398 Population 2,737/sq mi density
$250,001 Median Income $160,003 per capita
$1,621,200 Home Value $2,265,210 Zillow
$3,259 Median Rent 20.7% income on rent
53°F Avg Temperature 271 sunny days/yr
12 Violent Crime/100K 965 property/100K
B+
Overall
3.6 / 5.0
Good overall score based on economy, affordability, safety and education
A+
Economy
4.9 / 5.0
$250,001 median income, 2.8% unemployment
B
Affordability
3.0 / 5.0
$1,621,200 home value, $3,259/mo rent
D
Safety
1.5 / 5.0
12 violent crimes/100K
A+
Education
5.0 / 5.0
90.0% bachelor's degree or higher

Housing Overview

Median Home Value
$1,621,200
475% above
US avg: $281,900
Median Rent
$3,259/mo
180% above
US avg: $1,163/mo
Homeownership Rate
87.6%
34% above US avg (65.4%)
Total Housing Units
4,575
Median year built: 1956

Home Value by Source

Census Median
$1,621,200
Zillow (ZHVI)
$2,265,210
Median Sale Price
$1,815,000
Median List Price
$2,445,000
Census ACS, Zillow ZHVI, Redfin median sale price

Ownership vs. Renting

87.6%
Owner-Occupied
12.4%
Renter-Occupied
88%
12%
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: $3,259/mo · Zillow rent: $5,352/mo

Market Indicators (Redfin)

Median Days on Market
90 days
Sale-to-List Ratio
1.0%
Buyers market
Homes Sold
7
Price Drops
13.6%
of listings with price reduction
Price Per Sq Ft
$666
Active Inventory
22
homes for sale

Affordability & Housing Stock

Rent Burden
20.7%
of renters spending 30%+ of income on housing
33% below US avg (31.0%)
Median Year Built
1956
Average age of housing stock: 70 years
Homeownership Rate
87.6%

Complete Housing Data

Home Values

Census Median Value$1,621,200
Zillow Home Value (ZHVI)$2,265,210
Median Sale Price$1,815,000
Median List Price$2,445,000
Price Per Sq Ft$666

Rent

Census Median Rent$3,259
Zillow Rent (ZORI)$5,352
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 Market90
Sale-to-List Ratio1.0%
Price Drops13.6%
Homes Sold7
Active Inventory22
Price Per Sq Ft$666

Ownership & Stock

Owner-Occupied87.6%
Renter-Occupied12.4%
Homeownership Rate87.6%
Total Housing Units4,575
Median Year Built1956
Rent Burden20.7%