Troy Hills, NJ
Full City Profile · New Jersey · Morris County County
4.9
/5.0
A+
Excellent
5,183
Population
1,800/sq mi density
$180,618
Median Income
$60,387 per capita
$634,600
Home Value
$650,945 Zillow
$3,250
Median Rent
20.4% income on rent
53°F
Avg Temperature
A+
Overall
4.9 / 5.0
Strong
A+
Economy
4.9 / 5.0
$180,618 median income, 2.8% unemployment
A+
Affordability
4.7 / 5.0
$634,600 home value, $3,250/mo rent
A+
Education
5.0 / 5.0
62.4% bachelor's degree or higher
Housing Overview
Median Home Value
$634,600
125% above
US avg: $281,900
Median Rent
$3,250/mo
179% above
US avg: $1,163/mo
Homeownership Rate
91.7%
40% above US avg (65.4%)
Total Housing Units
1,644
Median year built: 1975
Home Value by Source
Census Median
$634,600
Zillow (ZHVI)
$650,945
Redfin Median Sale
$683,000
Median Sale Price
$683,000
Median List Price
$767,450
Census ACS, Zillow ZHVI, Redfin median sale price
Ownership vs. Renting
91.7%
Owner-Occupied
8.3%
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:
$3,250/mo
Market Indicators (Redfin)
Median Sale Price
$683,000
Median Days on Market
91 days
Sale-to-List Ratio
1.0%
Buyers market
Homes Sold
2
Price Drops
0.0%
of listings with price reduction
Price Per Sq Ft
$408
Active Inventory
4
homes for sale
Affordability & Housing Stock
Rent Burden
20.4%
of renters spending 30%+ of income on housing
34% below US avg (31.0%)
Median Year Built
1975
Average age of housing stock: 51 years
Homeownership Rate
91.7%
Complete Housing Data
Home Values
| Census Median Value | $634,600 |
| Zillow Home Value (ZHVI) | $650,945 |
| Redfin Median Sale | $683,000 |
| Median Sale Price | $683,000 |
| Median List Price | $767,450 |
| Price Per Sq Ft | $408 |
Rent
| Census Median Rent | $3,250 |
| 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 | 91 |
| Sale-to-List Ratio | 1.0% |
| Price Drops | 0.0% |
| Homes Sold | 2 |
| Active Inventory | 4 |
| Price Per Sq Ft | $408 |
Ownership & Stock
| Owner-Occupied | 91.7% |
| Renter-Occupied | 8.3% |
| Homeownership Rate | 91.7% |
| Total Housing Units | 1,644 |
| Median Year Built | 1975 |
| Rent Burden | 20.4% |