House Prices

Brookrace Mendham, NJ House Prices & Home Values 2026


Average Data

average house price$744,114
average size per house2914 ft²
average price per ft²245 $ / ft²

05/22/2026 - The value range (VR) for house prices in Brookrace Mendham, NJ is $232.75/ sqft to $257.25/ sqft. An average home with 2914 sqft costs approximately $648,392 to $716,643. Mendham, NJ includes 1 ZIP codes and it is located in Morris county. The lowest prices are found in ZIP 07945, while the highest are in ZIP 07945. The average price per sqare feet is $245. Our analysis is based on 13 property listings.

Avergage prices by ZIP codes Brookrace Mendham

07945265 $ / ft²




Historical development of home values in Brookrace Mendham

Year Estimated value (USD) Change vs. 2025
2010 $345,580 -53.6%
2011 $332,216 -55.4%
2012 $331,322 -55.5%
2013 $343,706 -53.8%
2014 $360,796 -51.5%
2015 $379,314 -49.0%
2016 $399,109 -46.4%
2017 $420,651 -43.5%
2018 $443,906 -40.3%
2019 $464,490 -37.6%
2020 $488,502 -34.4%
2021 $555,618 -25.3%
2022 $647,726 -13.0%
2023 $683,057 -8.2%
2024 $722,572 -2.9%
2025 $744,114 0.0%

Graph: estimated home values in Brookrace Mendham over time (USD)



Example: 100% financing house in Brookrace Mendham

Loan amount: $744,114

Interest rate: 5.74%

Fixed monthly payment: $4,335.83

Breakdown in the 1st month:
Interest portion: $3,556.86  –  Principal portion: $778.97

Yearly breakdown (100% financing)

Year Interest per year ($) Principal per year ($) Remaining balance at year-end ($)
1 $42,432.67 $9,597.31 $734,516.69
2 $41,867.47 $10,162.51 $724,354.18
3 $41,268.97 $10,761.01 $713,593.17
4 $40,635.23 $11,394.75 $702,198.42
5 $39,964.17 $12,065.81 $690,132.61
6 $39,253.59 $12,776.39 $677,356.21
7 $38,501.15 $13,528.83 $663,827.39
8 $37,704.41 $14,325.57 $649,501.82
9 $36,860.75 $15,169.23 $634,332.58
10 $35,967.39 $16,062.59 $618,270.00
11 $35,021.43 $17,008.55 $601,261.45
12 $34,019.76 $18,010.22 $583,251.23
13 $32,959.10 $19,070.88 $564,180.35
14 $31,835.97 $20,194.01 $543,986.33
15 $30,646.70 $21,383.28 $522,603.05
16 $29,387.39 $22,642.59 $499,960.46
17 $28,053.91 $23,976.07 $475,984.39
18 $26,641.91 $25,388.07 $450,596.32
19 $25,146.75 $26,883.23 $423,713.09
20 $23,563.53 $28,466.45 $395,246.64
21 $21,887.08 $30,142.90 $365,103.73
22 $20,111.89 $31,918.09 $333,185.65
23 $18,232.16 $33,797.82 $299,387.83
24 $16,241.73 $35,788.25 $263,599.58
25 $14,134.08 $37,895.90 $225,703.69
26 $11,902.31 $40,127.67 $185,576.01
27 $9,539.10 $42,490.88 $143,085.13
28 $7,036.71 $44,993.27 $98,091.86
29 $4,386.95 $47,643.03 $50,448.83
30 $1,581.15 $50,448.83 $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 Brookrace Mendham, NJ


1500 sqft3900 sqft
Ø selling price$425,110$904,324
Ø fast selling$386,464$813,892
Ø high price sale$463,756$994,756

In 2026, houses in Brookrace Mendham, NJ will be offered at an average price of $245 per square foot. A 1,500 sqft home priced at $425,110 is 21.99% more expensive per square foot than a 3,900 sqft home priced at $904,324. Home prices in Brookrace Mendham, 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 $626,071. Sellers who can wait longer may achieve a higher price of up to $765,197.

FAQ – Home Values in Brookrace Mendham

What is the median home value in Brookrace Mendham in 2026?

In 2026, the typical home value in Brookrace Mendham is about $744,114 for an average home size of 2914 square feet. This corresponds to an average price of roughly $245 per square foot.

What is the average cost per square foot in Brookrace Mendham?

In 2026, homes in Brookrace Mendham sell for an average of around $245 per square foot, with a typical range between $232.75 and $257.25 per square foot, depending on the property’s location, condition, and lot size.

What is the average home size in Brookrace?

The average home size in Brookrace Mendham is about 2914 square feet, with an estimated 2026 value around $744,114.



Neighborhoods close to Brookrace Mendham, NJ

Coventry Park Morris Plains, NJ287 $ / ft²
Downtown Morristown Morristown, NJ461 $ / ft²
Murray Hill New Providence, NJ402 $ / ft²
Downtown Madison Madison, NJ325 $ / ft²
The Green at Florham Park Florham Park, NJ330 $ / ft²
Rolling Hill Chatham, NJ407 $ / ft²
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