House Prices

Gero Park Short Hills, NJ House Prices & Home Values 2026


Average Data

average house price$2,445,868
average size per house6320 ft²
average price per ft²417 $ / ft²

04/15/2026 - The value range (VR) for house prices in Gero Park Short Hills, NJ is $396.15/ sqft to $437.85/ sqft. An average home with 6320 sqft costs approximately $2,693,947 to $2,977,521. 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 $417. Our analysis is based on 9 property listings.

Avergage prices by ZIP codes Gero Park Short Hills

07078420 $ / ft²




Historical development of home values in Gero Park Short Hills

Year Estimated value (USD) Change vs. 2025
2010 $1,135,905 -53.6%
2011 $1,091,980 -55.4%
2012 $1,089,040 -55.5%
2013 $1,129,745 -53.8%
2014 $1,185,921 -51.5%
2015 $1,246,787 -49.0%
2016 $1,311,853 -46.4%
2017 $1,382,659 -43.5%
2018 $1,459,100 -40.3%
2019 $1,526,756 -37.6%
2020 $1,605,682 -34.4%
2021 $1,826,290 -25.3%
2022 $2,129,044 -13.0%
2023 $2,245,175 -8.2%
2024 $2,375,062 -2.9%
2025 $2,445,868 0.0%

Graph: estimated home values in Gero Park Short Hills over time (USD)



Example: 100% financing house in Gero Park Short Hills

Loan amount: $2,445,868

Interest rate: 6.46%

Fixed monthly payment: $15,388.84

Breakdown in the 1st month:
Interest portion: $13,158.77  –  Principal portion: $2,230.07

Yearly breakdown (100% financing)

Year Interest per year ($) Principal per year ($) Remaining balance at year-end ($)
1 $157,099.01 $27,567.10 $2,418,300.90
2 $155,265.66 $29,400.45 $2,388,900.45
3 $153,310.38 $31,355.73 $2,357,544.73
4 $151,225.07 $33,441.04 $2,324,103.69
5 $149,001.07 $35,665.03 $2,288,438.65
6 $146,629.17 $38,036.94 $2,250,401.72
7 $144,099.52 $40,566.58 $2,209,835.13
8 $141,401.64 $43,264.47 $2,166,570.67
9 $138,524.34 $46,141.77 $2,120,428.90
10 $135,455.68 $49,210.43 $2,071,218.47
11 $132,182.94 $52,483.17 $2,018,735.30
12 $128,692.55 $55,973.56 $1,962,761.74
13 $124,970.02 $59,696.08 $1,903,065.65
14 $120,999.94 $63,666.17 $1,839,399.48
15 $116,765.82 $67,900.29 $1,771,499.19
16 $112,250.11 $72,416.00 $1,699,083.19
17 $107,434.08 $77,232.03 $1,621,851.16
18 $102,297.76 $82,368.34 $1,539,482.82
19 $96,819.86 $87,846.25 $1,451,636.57
20 $90,977.64 $93,688.47 $1,357,948.10
21 $84,746.89 $99,919.22 $1,258,028.88
22 $78,101.76 $106,564.35 $1,151,464.53
23 $71,014.70 $113,651.41 $1,037,813.12
24 $63,456.31 $121,209.80 $916,603.32
25 $55,395.25 $129,270.86 $787,332.47
26 $46,798.09 $137,868.02 $649,464.45
27 $37,629.18 $147,036.93 $502,427.52
28 $27,850.49 $156,815.62 $345,611.90
29 $17,421.46 $167,244.65 $178,367.25
30 $6,298.86 $178,367.25 $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 Gero Park Short Hills, NJ


1500 sqft3900 sqft
Ø selling price$814,376$1,732,400
Ø fast selling$740,342$1,559,160
Ø high price sale$888,411$1,905,640

In 2026, houses in Gero Park Short Hills, NJ will be offered at an average price of $417 per square foot. A 1,500 sqft home priced at $814,376 is 24.75% more expensive per square foot than a 3,900 sqft home priced at $1,732,400. Home prices in Gero Park 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 $1,199,354. Sellers who can wait longer may achieve a higher price of up to $1,465,877.


Gero Park, Short Hills, NJ: Neighborhood Guide

Overview

Gero Park is a cherished neighborhood in Short Hills, NJ, known for its family-friendly vibe and active community life.
Centered around the expansive Gero Park complex, the area blends suburban tranquility with easy access to Millburn?s downtown and NYC-bound transit.

Recreation & Amenities

Residents enjoy a municipal golf course, seasonal pool, tennis and pickleball courts, ball fields, and playgrounds that make daily recreation effortless. Well-kept walking paths and open green space create a welcoming hub for weekend sports, summer camps, and township events.

Schools & Lifestyle

The neighborhood feeds into the highly rated Millburn Township Public Schools, a top draw for homebuyers seeking academic excellence. A safe, tight-knit feel, neighborhood leagues, and convenient shopping and dining in nearby downtown Millburn support an easy, connected lifestyle.

Location & Commuting

Commuters value proximity to the Short Hills and Millburn train stations, offering Midtown Direct service to New York City. Major roadways like Route 24 and I-78 are minutes away, while South Mountain Reservation and the Cora Hartshorn Arboretum provide nature escapes close to home.

Real Estate & Value

Housing near Gero Park ranges from updated split-levels to expanded colonials, with strong demand driven by amenities and schools. Consistent property values, low crime, and year-round recreation make this Short Hills neighborhood a smart, enduring investment.



FAQ – Home Values in Gero Park Short Hills

What is the median home value in Gero Park Short Hills in 2026?

In 2026, the typical home value in Gero Park Short Hills is about $2,445,868 for an average home size of 6320 square feet. This corresponds to an average price of roughly $417 per square foot.

What is the average cost per square foot in Gero Park Short Hills?

In 2026, homes in Gero Park Short Hills sell for an average of around $417 per square foot, with a typical range between $396.15 and $437.85 per square foot, depending on the property’s location, condition, and lot size.

What is the average home size in Gero Park?

The average home size in Gero Park Short Hills is about 6320 square feet, with an estimated 2026 value around $2,445,868.



Neighborhoods close to Gero Park 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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