House Prices

Canoe Brook Lake Short Hills, NJ House Prices & Home Values 2026


Average Data

average house price$2,077,624
average size per house5369 ft²
average price per ft²354 $ / ft²

04/15/2026 - The value range (VR) for house prices in Canoe Brook Lake Short Hills, NJ is $336.3/ sqft to $371.7/ sqft. An average home with 5369 sqft costs approximately $1,650,314 to $1,824,031. Short Hills, NJ includes 1 ZIP codes and it is located in Essex county. The lowest prices are found in ZIP 07078, while the highest are in ZIP 07078. The average price per sqare feet is $354. Our analysis is based on 9 property listings.

Avergage prices by ZIP codes Canoe Brook Lake Short Hills

07078357 $ / ft²




Historical development of home values in Canoe Brook Lake Short Hills

Year Estimated value (USD) Change vs. 2025
2010 $964,886 -53.6%
2011 $927,574 -55.4%
2012 $925,076 -55.5%
2013 $959,654 -53.8%
2014 $1,007,372 -51.5%
2015 $1,059,074 -49.0%
2016 $1,114,343 -46.4%
2017 $1,174,489 -43.5%
2018 $1,239,421 -40.3%
2019 $1,296,891 -37.6%
2020 $1,363,934 -34.4%
2021 $1,551,328 -25.3%
2022 $1,808,500 -13.0%
2023 $1,907,147 -8.2%
2024 $2,017,478 -2.9%
2025 $2,077,624 0.0%

Graph: estimated home values in Canoe Brook Lake Short Hills over time (USD)



Example: 100% financing house in Canoe Brook Lake Short Hills

Loan amount: $2,077,624

Interest rate: 5.48%

Fixed monthly payment: $11,775.67

Breakdown in the 1st month:
Interest portion: $9,494.74  –  Principal portion: $2,280.93

Yearly breakdown (100% financing)

Year Interest per year ($) Principal per year ($) Remaining balance at year-end ($)
1 $113,238.34 $28,069.73 $2,049,554.27
2 $111,659.71 $29,648.36 $2,019,905.90
3 $109,992.29 $31,315.78 $1,988,590.13
4 $108,231.11 $33,076.96 $1,955,513.16
5 $106,370.87 $34,937.20 $1,920,575.96
6 $104,406.02 $36,902.05 $1,883,673.91
7 $102,330.66 $38,977.41 $1,844,696.49
8 $100,138.58 $41,169.49 $1,803,527.01
9 $97,823.23 $43,484.84 $1,760,042.16
10 $95,377.66 $45,930.41 $1,714,111.75
11 $92,794.55 $48,513.52 $1,665,598.23
12 $90,066.16 $51,241.91 $1,614,356.32
13 $87,184.34 $54,123.73 $1,560,232.59
14 $84,140.44 $57,167.63 $1,503,064.96
15 $80,925.36 $60,382.71 $1,442,682.25
16 $77,529.46 $63,778.62 $1,378,903.63
17 $73,942.57 $67,365.50 $1,311,538.13
18 $70,153.96 $71,154.11 $1,240,384.02
19 $66,152.28 $75,155.79 $1,165,228.23
20 $61,925.55 $79,382.52 $1,085,845.71
21 $57,461.10 $83,846.97 $1,001,998.74
22 $52,745.58 $88,562.49 $913,436.26
23 $47,764.86 $93,543.21 $819,893.05
24 $42,504.03 $98,804.04 $721,089.01
25 $36,947.33 $104,360.74 $616,728.26
26 $31,078.12 $110,229.95 $506,498.31
27 $24,878.83 $116,429.24 $390,069.07
28 $18,330.89 $122,977.18 $267,091.89
29 $11,414.70 $129,893.37 $137,198.52
30 $4,109.55 $137,198.52 $0.00

Note: The calculation is based on a standard annuity mortgage with a fixed monthly payment over the entire term. Extra payments, interest rate changes, and additional purchase costs (e.g. taxes, notary fees) are not included.


How to sell in Canoe Brook Lake Short Hills, NJ


1500 sqft3900 sqft
Ø selling price$587,255$1,249,250
Ø fast selling$533,868$1,124,325
Ø high price sale$640,641$1,374,175

In 2026, houses in Canoe Brook Lake Short Hills, NJ will be offered at an average price of $354 per square foot. A 1,500 sqft home priced at $587,255 is 21.02% more expensive per square foot than a 3,900 sqft home priced at $1,249,250. Home prices in Canoe Brook Lake Short Hills, NJ vary significantly depending on the property’s condition and exact location. For a quick sale, a 2,700 sqft home should be listed at around $864,866. Sellers who can wait longer may achieve a higher price of up to $1,057,058.


Living in Canoe Brook Lake, Short Hills, NJ

The Canoe Brook Lake neighborhood in Short Hills, NJ, within Millburn Township, is known for its serene lakeside setting and upscale suburban lifestyle.


Location and Convenience

The area offers quick access to downtown Millburn, the Short Hills train station for a convenient New York City commute, and major roadways like Route 24 and I-78.

Residents enjoy proximity to The Mall at Short Hills, local parks, and everyday conveniences while maintaining a peaceful, low-traffic residential feel.


Homes and Community

Homes span classic Colonials and expanded Capes to modern rebuilds on generous lots, many with mature trees and occasional lake views.

A cohesive community vibe centers on outdoor recreation, friendly block gatherings, and a strong pride of place.

Highly ranked Millburn schools and nearby private options bolster the neighborhood?s long-term appeal for a range of households.


Outdoors and Recreation

The picturesque lake and surrounding green space invite jogging, dog walking, birdwatching, and relaxed weekend strolls year-round.

Golf, tennis, hiking trails, and town parks sit within an easy drive, expanding an already rich menu of local activities.


Real Estate Insights

Local real estate remains in demand thanks to the blend of natural beauty, convenience, and community reputation that define Short Hills.

Buyers often prioritize updated interiors, flexible work-from-home layouts, and outdoor living areas that maximize the tranquil lakeside atmosphere.



FAQ – Home Values in Canoe Brook Lake Short Hills

What is the median home value in Canoe Brook Lake Short Hills in 2026?

In 2026, the typical home value in Canoe Brook Lake Short Hills is about $2,077,624 for an average home size of 5369 square feet. This corresponds to an average price of roughly $354 per square foot.

What is the average cost per square foot in Canoe Brook Lake Short Hills?

In 2026, homes in Canoe Brook Lake Short Hills sell for an average of around $354 per square foot, with a typical range between $336.3 and $371.7 per square foot, depending on the property’s location, condition, and lot size.

What is the average home size in Canoe Brook Lake?

The average home size in Canoe Brook Lake Short Hills is about 5369 square feet, with an estimated 2026 value around $2,077,624.



Neighborhoods close to Canoe Brook Lake Short Hills, NJ

Montrose Park South Orange, NJ201 $ / ft²
Samptown South Plainfield, NJ220 $ / ft²
Baltusrol Springfield, NJ196 $ / ft²
Southwyck Village Scotch Plains, NJ279 $ / ft²
Wesmont Station Wood Ridge, NJ283 $ / ft²
Kingsland Lyndhurst, NJ298 $ / ft²
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