Silver Lake CDP (Warren County), NJ

Full City Profile · New Jersey · Morris County County

4.2 /5.0
A Great
319 Population 253/sq mi density
$103,750 Median Income $48,207 per capita
$263,300 Home Value $464,617 Zillow
51°F Avg Temperature
A
Overall
4.2 / 5.0
Strong
A
Economy
4.1 / 5.0
$103,750 median income, 7.9% unemployment
A+
Affordability
5.0 / 5.0
$263,300 home value, /mo rent
B+
Education
3.6 / 5.0
33.1% bachelor's degree or higher

Housing Overview

Median Home Value
$263,300
7% below
US avg: $281,900
Homeownership Rate
91.3%
40% above US avg (65.4%)
Total Housing Units
170
Median year built: 1952

Home Value by Source

Census Median
$263,300
Zillow (ZHVI)
$464,617
Census ACS, Zillow ZHVI, Redfin median sale price

Ownership vs. Renting

91.3%
Owner-Occupied
8.8%
Renter-Occupied
91%
9%
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
1952
Average age of housing stock: 74 years
Homeownership Rate
91.3%

Complete Housing Data

Home Values

Census Median Value$263,300
Zillow Home Value (ZHVI)$464,617

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-Occupied91.3%
Renter-Occupied8.8%
Homeownership Rate91.3%
Total Housing Units170
Median Year Built1952
Rent Burden27.2%