House Prices

House Prices & Home Values Mountain Lakes, NJ 2026


Average Data

average house price$750,906
average size per house2601 ft²
average price per ft²289 $ / ft²

04/05/2026 - The value range (VR) for house prices in Mountain Lakes, NJ is $286/ sqft to $286/ sqft. An average home with 2601 sqft costs approximately $743,886 to $743,886. Mountain Lakes, NJ includes 1 ZIP codes and it is located in Morris county. The lowest prices are found in ZIP 07046, while the highest are in ZIP 07046. The average price per sqare feet is $289. Our analysis is based on 11 property listings.

Avergage prices by ZIP codes Mountain Lakes

07046308 $ / ft²




Historical development of home values in Mountain Lakes

Year Estimated value (USD) Change vs. 2025
2010 $348,734 -53.6%
2011 $335,249 -55.4%
2012 $334,346 -55.5%
2013 $346,843 -53.8%
2014 $364,090 -51.5%
2015 $382,776 -49.0%
2016 $402,752 -46.4%
2017 $424,490 -43.5%
2018 $447,958 -40.3%
2019 $468,729 -37.6%
2020 $492,960 -34.4%
2021 $560,689 -25.3%
2022 $653,638 -13.0%
2023 $689,291 -8.2%
2024 $729,168 -2.9%
2025 $750,906 0.0%

Graph: estimated home values in Mountain Lakes over time (USD)



Example: 100% financing house in Mountain Lakes

Loan amount: $750,906

Interest rate: 6.00%

Fixed monthly payment: $4,502.06

Breakdown in the 1st month:
Interest portion: $3,754.53  –  Principal portion: $747.53

Yearly breakdown (100% financing)

Year Interest per year ($) Principal per year ($) Remaining balance at year-end ($)
1 $44,803.52 $9,221.21 $741,684.79
2 $44,234.77 $9,789.96 $731,894.83
3 $43,630.95 $10,393.78 $721,501.05
4 $42,989.88 $11,034.85 $710,466.20
5 $42,309.28 $11,715.45 $698,750.75
6 $41,586.69 $12,438.04 $686,312.71
7 $40,819.54 $13,205.19 $673,107.53
8 $40,005.08 $14,019.65 $659,087.87
9 $39,140.38 $14,884.35 $644,203.52
10 $38,222.34 $15,802.39 $628,401.13
11 $37,247.68 $16,777.05 $611,624.08
12 $36,212.91 $17,811.82 $593,812.27
13 $35,114.32 $18,910.41 $574,901.86
14 $33,947.97 $20,076.76 $554,825.09
15 $32,709.68 $21,315.06 $533,510.04
16 $31,395.01 $22,629.72 $510,880.31
17 $29,999.26 $24,025.47 $486,854.84
18 $28,517.42 $25,507.31 $461,347.53
19 $26,944.18 $27,080.55 $434,266.98
20 $25,273.92 $28,750.82 $405,516.17
21 $23,500.63 $30,524.10 $374,992.07
22 $21,617.97 $32,406.76 $342,585.30
23 $19,619.19 $34,405.54 $308,179.76
24 $17,497.13 $36,527.60 $271,652.16
25 $15,244.19 $38,780.54 $232,871.62
26 $12,852.29 $41,172.44 $191,699.18
27 $10,312.86 $43,711.87 $147,987.32
28 $7,616.81 $46,407.92 $101,579.40
29 $4,754.47 $49,270.26 $52,309.14
30 $1,715.59 $52,309.14 $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 Mountain Lakes, NJ


1500 sqft3900 sqft
Ø selling price$524,536$1,115,829
Ø fast selling$476,851$1,004,247
Ø high price sale$572,220$1,227,412

In 2026, houses in Mountain Lakes, NJ will be offered at an average price of $289 per square foot. A 1,500 sqft home priced at $524,536 is 24.75% more expensive per square foot than a 3,900 sqft home priced at $1,115,829. Home prices in Mountain Lakes, NJ vary significantly depending on the neighborhood and location. For a quick sale, a 2,700 sqft home should be listed at around $772,498. Sellers who can wait longer may achieve a higher price of up to $944,164.

FAQ – Home Values in Mountain Lakes

What is the median home value in Mountain Lakes in 2026?

In 2026, the typical home value in Mountain Lakes is about $750,906 for an average home size of 2601 square feet. This corresponds to an average price of roughly $289 per square foot.

What is the average cost per square foot in Mountain Lakes?

In 2026, homes in Mountain Lakes sell for an average of around $289 per square foot, with a typical range between $286 and $286 per square foot, depending on the property’s location, condition, and lot size.

What is the average home size in ?

The average home size in Mountain Lakes is about 2601 square feet, with an estimated 2026 value around $750,906.



Locations close to Mountain Lakes, NJ

North Bergen, NJ367 $ / ft²
Orange, NJ195 $ / ft²
West Orange, NJ218 $ / ft²
Montville, NJ257 $ / ft²
Verona, NJ251 $ / ft²
Montclair, NJ380 $ / ft²
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