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Victory Gardens, NJ
Full City Profile · New Jersey · Morris County County
2.4
/5.0
C
Fair
1,891
Population
12,607/sq mi density
$52,235
Median Income
$24,154 per capita
$224,800
Home Value
$348,949 Zillow
$1,430
Median Rent
40.6% income on rent
53°F
Avg Temperature
275 sunny days/yr
206
Violent Crime/100K
1,406 property/100K
C
Overall
2.4 / 5.0
Fair overall score based on economy, affordability, safety and education
C
Economy
2.3 / 5.0
$52,235 median income, 5.9% unemployment
A
Affordability
4.3 / 5.0
$224,800 home value, $1,430/mo rent
F
Safety
1.0 / 5.0
206 violent crimes/100K
C
Education
2.0 / 5.0
12.7% bachelor's degree or higher
Housing Overview
Median Home Value
$224,800
20% below
US avg: $281,900
Median Rent
$1,430/mo
23% above
US avg: $1,163/mo
Homeownership Rate
29.0%
56% below US avg (65.4%)
Total Housing Units
704
Median year built: 1963
Home Value by Source
Census Median
$224,800
Zillow (ZHVI)
$348,949
Census ACS, Zillow ZHVI, Redfin median sale price
Ownership vs. Renting
29.0%
Owner-Occupied
71.0%
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:
$1,430/mo
Affordability & Housing Stock
Rent Burden
40.6%
of renters spending 30%+ of income on housing
31% above US avg (31.0%)
Median Year Built
1963
Average age of housing stock: 63 years
Homeownership Rate
29.0%
Complete Housing Data
Home Values
| Census Median Value | $224,800 |
| Zillow Home Value (ZHVI) | $348,949 |
Rent
| Census Median Rent | $1,430 |
| 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-Occupied | 29.0% |
| Renter-Occupied | 71.0% |
| Homeownership Rate | 29.0% |
| Total Housing Units | 704 |
| Median Year Built | 1963 |
| Rent Burden | 40.6% |