Housing in New Vernon, NJ
Home values, rent, ownership rates, and housing market data
Housing Market Snapshot
Source: Redfin — January 2026Median Sale Price
$560,000
Median List Price
N/A
Price Per Sq Ft
$401
Days on Market
57
Active Inventory
1
Months of Supply
1.0
Seller's market
Price Trends
Source: RedfinMarket Competitiveness
Source: RedfinSold Above List
0.0%
Sale-to-List Ratio
96.7%
Buyer's market
Market Activity
Source: RedfinHomes Sold
1
Price Per Square Foot
Source: RedfinMedian Sale $/SF
$401
New Vernon vs Similar Cities
Source: Census ACS / Redfin (2023)Compared to cities with under 10,000 residents. New Vernon is highlighted.
Median Home Value
Median Rent
Median Price Per Sq Ft
Census Housing Data
Source: U.S. Census Bureau ACS (2023)Median Home Value
$1,606,500
Median Rent
$3,205
Total Housing Units
310
Vacancy Rate
0.0%
Owner Occupied
59.7%
Renter Occupied
40.3%
Median Property Tax
$10,001
per year
Monthly Cost (w/ Mortgage)
$3,595
Housing Types
The current median sale price in New Vernon, NJ is $560,000 according to Redfin data. Homes spend a median of 57 days on the market. 0.0% of homes sold above asking price. The market has 1.0 months of supply. The median price per square foot is $401. The median rent is $3,205 per month (Census ACS). About 59.7% of housing units are owner-occupied. The median year homes were built is 1951. There are 310 total housing units.