Stanhope, NJ
Full City Profile · New Jersey · Morris County County
3.7
/5.0
B+
Good
3,551
Population
1,930/sq mi density
$134,583
Median Income
$50,430 per capita
$326,000
Home Value
$431,199 Zillow
$1,796
Median Rent
32.5% income on rent
53°F
Avg Temperature
275 sunny days/yr
30
Violent Crime/100K
823 property/100K
B+
Overall
3.7 / 5.0
Good overall score based on economy, affordability, safety and education
A+
Economy
4.8 / 5.0
$134,583 median income, 3.1% unemployment
A+
Affordability
5.0 / 5.0
$326,000 home value, $1,796/mo rent
F
Safety
1.0 / 5.0
30 violent crimes/100K
A
Education
4.1 / 5.0
39.1% bachelor's degree or higher
Housing Overview
Median Home Value
$326,000
16% above
US avg: $281,900
Median Rent
$1,796/mo
54% above
US avg: $1,163/mo
Homeownership Rate
84.7%
30% above US avg (65.4%)
Total Housing Units
1,266
Median year built: 1970
Home Value by Source
Census Median
$326,000
Zillow (ZHVI)
$431,199
Median Sale Price
$350,000
Median List Price
$280,000
Census ACS, Zillow ZHVI, Redfin median sale price
Ownership vs. Renting
84.7%
Owner-Occupied
15.3%
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:
$1,796/mo
Market Indicators (Redfin)
Median Days on Market
50 days
Sale-to-List Ratio
1.0%
Buyers market
Homes Sold
5
Price Drops
0.0%
of listings with price reduction
Price Per Sq Ft
$231
Active Inventory
7
homes for sale
Affordability & Housing Stock
Rent Burden
32.5%
of renters spending 30%+ of income on housing
5% above US avg (31.0%)
Median Year Built
1970
Average age of housing stock: 56 years
Homeownership Rate
84.7%
Complete Housing Data
Home Values
| Census Median Value | $326,000 |
| Zillow Home Value (ZHVI) | $431,199 |
| Median Sale Price | $350,000 |
| Median List Price | $280,000 |
| Price Per Sq Ft | $231 |
Rent
| Census Median Rent | $1,796 |
| 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 | 50 |
| Sale-to-List Ratio | 1.0% |
| Price Drops | 0.0% |
| Homes Sold | 5 |
| Active Inventory | 7 |
| Price Per Sq Ft | $231 |
Ownership & Stock
| Owner-Occupied | 84.7% |
| Renter-Occupied | 15.3% |
| Homeownership Rate | 84.7% |
| Total Housing Units | 1,266 |
| Median Year Built | 1970 |
| Rent Burden | 32.5% |
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