House Prices

House Prices & Home Values New Vernon, NJ 2026


Average Data

average house price$2,349,134
average size per house5993 ft²
average price per ft²393 $ / ft²

04/05/2026 - The value range (VR) for house prices in New Vernon, NJ is $385/ sqft to $385/ sqft. An average home with 5993 sqft costs approximately $2,307,305 to $2,307,305. New Vernon, NJ includes 1 ZIP codes and it is located in Morris county. The lowest prices are found in ZIP 07976, while the highest are in ZIP 07976. The average price per sqare feet is $393. Our analysis is based on 45 property listings.

Avergage prices by ZIP codes New Vernon

07976380 $ / ft²


House prices by neighborhoods in New Vernon

Hartley Farms365 $ / ft²
New Vernon Village367 $ / ft²




Historical development of home values in New Vernon

Year Estimated value (USD) Change vs. 2025
2010 $1,090,980 -53.6%
2011 $1,048,792 -55.4%
2012 $1,045,968 -55.5%
2013 $1,085,064 -53.8%
2014 $1,139,018 -51.5%
2015 $1,197,476 -49.0%
2016 $1,259,969 -46.4%
2017 $1,327,975 -43.5%
2018 $1,401,392 -40.3%
2019 $1,466,372 -37.6%
2020 $1,542,177 -34.4%
2021 $1,754,060 -25.3%
2022 $2,044,840 -13.0%
2023 $2,156,379 -8.2%
2024 $2,281,128 -2.9%
2025 $2,349,134 0.0%

Graph: estimated home values in New Vernon over time (USD)



Example: 100% financing house in New Vernon

Loan amount: $2,349,134

Interest rate: 6.00%

Fixed monthly payment: $14,084.25

Breakdown in the 1st month:
Interest portion: $11,745.67  –  Principal portion: $2,338.58

Yearly breakdown (100% financing)

Year Interest per year ($) Principal per year ($) Remaining balance at year-end ($)
1 $140,163.30 $28,847.64 $2,320,286.36
2 $138,384.04 $30,626.90 $2,289,659.46
3 $136,495.04 $32,515.90 $2,257,143.56
4 $134,489.53 $34,521.41 $2,222,622.15
5 $132,360.33 $36,650.61 $2,185,971.53
6 $130,099.80 $38,911.14 $2,147,060.39
7 $127,699.84 $41,311.10 $2,105,749.29
8 $125,151.87 $43,859.08 $2,061,890.21
9 $122,446.73 $46,564.21 $2,015,326.01
10 $119,574.76 $49,436.19 $1,965,889.82
11 $116,525.64 $52,485.30 $1,913,404.52
12 $113,288.46 $55,722.48 $1,857,682.03
13 $109,851.62 $59,159.32 $1,798,522.71
14 $106,202.80 $62,808.14 $1,735,714.57
15 $102,328.93 $66,682.01 $1,669,032.56
16 $98,216.13 $70,794.81 $1,598,237.75
17 $93,849.66 $75,161.28 $1,523,076.47
18 $89,213.88 $79,797.06 $1,443,279.41
19 $84,292.17 $84,718.77 $1,358,560.64
20 $79,066.91 $89,944.04 $1,268,616.61
21 $73,519.35 $95,491.59 $1,173,125.02
22 $67,629.64 $101,381.30 $1,071,743.71
23 $61,376.66 $107,634.28 $964,109.44
24 $54,738.02 $114,272.93 $849,836.51
25 $47,689.91 $121,321.03 $728,515.48
26 $40,207.10 $128,803.84 $599,711.64
27 $32,262.76 $136,748.18 $462,963.45
28 $23,828.43 $145,182.51 $317,780.94
29 $14,873.89 $154,137.05 $163,643.89
30 $5,367.05 $163,643.89 $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 New Vernon, NJ


1500 sqft3900 sqft
Ø selling price$713,295$1,517,374
Ø fast selling$648,450$1,365,636
Ø high price sale$778,141$1,669,111

In 2026, houses in New Vernon, NJ will be offered at an average price of $393 per square foot. A 1,500 sqft home priced at $713,295 is 22.68% more expensive per square foot than a 3,900 sqft home priced at $1,517,374. Home prices in New Vernon, NJ vary significantly depending on the neighborhood and location. For a quick sale, a 2,700 sqft home should be listed at around $1,050,489. Sellers who can wait longer may achieve a higher price of up to $1,283,931.


Discover New Vernon, NJ

Overview

New Vernon, NJ is an unincorporated community within Harding Township in Morris County, celebrated for its rural character and historic charm.
Anchored by the 07976 ZIP code, New Vernon features scenic country lanes, stone walls, and generous open space.

History and Character

The New Vernon Historic District preserves notable architecture and the timeless village atmosphere that draws residents seeking tranquility.
Local landmarks include the New Vernon General Store and the Kemmerer Library of Harding Township, which serve as friendly community hubs.

Nature and Lifestyle

Nature lovers appreciate quick access to the Great Swamp National Wildlife Refuge, offering birding, trails, and year-round outdoor recreation.
Equestrian properties, country estates, and a low-density landscape define the lifestyle, blending privacy with pastoral beauty.

Location and Access

Despite its secluded feel, New Vernon enjoys convenient access to I-287 and Route 24, with nearby NJ Transit stations in Morristown and Madison for commuting to New York City.
Dining, shopping, and cultural venues in Morristown, Madison, and Chatham are only minutes away, adding urban amenities to a country setting.

Real Estate and Community

Real estate in New Vernon, NJ ranges from historic farmhouses to luxury homes on expansive lots, supporting long-term value and desirability.
Community events hosted in Harding Township foster neighborly connections and a welcoming small-town feel.



FAQ – Home Values in New Vernon

What is the median home value in New Vernon in 2026?

In 2026, the typical home value in New Vernon is about $2,349,134 for an average home size of 5993 square feet. This corresponds to an average price of roughly $393 per square foot.

What is the average cost per square foot in New Vernon?

In 2026, homes in New Vernon sell for an average of around $393 per square foot, with a typical range between $385 and $385 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 New Vernon is about 5993 square feet, with an estimated 2026 value around $2,349,134.



Locations close to New Vernon, NJ

Peapack, NJ341 $ / ft²
Pottersville, NJ387 $ / ft²
Stirling, NJ270 $ / ft²
New Providence, NJ371 $ / ft²
Mount Freedom, NJ359 $ / ft²
Convent Station, NJ434 $ / ft²
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