House Prices

New Vernon Village New Vernon, NJ House Prices & Home Values 2026


Average Data

average house price$2,238,725
average size per house5711 ft²
average price per ft²374 $ / ft²

05/22/2026 - The value range (VR) for house prices in New Vernon Village New Vernon, NJ is $355.3/ sqft to $392.7/ sqft. An average home with 5711 sqft costs approximately $1,933,750 to $2,137,303. 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 $374. Our analysis is based on 15 property listings.

Avergage prices by ZIP codes New Vernon Village New Vernon

07976367 $ / ft²




Historical development of home values in New Vernon Village New Vernon

Year Estimated value (USD) Change vs. 2025
2010 $1,039,704 -53.6%
2011 $999,499 -55.4%
2012 $996,808 -55.5%
2013 $1,034,066 -53.8%
2014 $1,085,484 -51.5%
2015 $1,141,195 -49.0%
2016 $1,200,751 -46.4%
2017 $1,265,560 -43.5%
2018 $1,335,527 -40.3%
2019 $1,397,453 -37.6%
2020 $1,469,695 -34.4%
2021 $1,671,619 -25.3%
2022 $1,948,733 -13.0%
2023 $2,055,029 -8.2%
2024 $2,173,916 -2.9%
2025 $2,238,725 0.0%

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



Example: 100% financing house in New Vernon Village New Vernon

Loan amount: $2,238,725

Interest rate: 5.72%

Fixed monthly payment: $13,019.12

Breakdown in the 1st month:
Interest portion: $10,667.52  –  Principal portion: $2,351.59

Yearly breakdown (100% financing)

Year Interest per year ($) Principal per year ($) Remaining balance at year-end ($)
1 $127,258.87 $28,970.54 $2,209,754.46
2 $125,558.22 $30,671.18 $2,179,083.28
3 $123,757.75 $32,471.66 $2,146,611.61
4 $121,851.57 $34,377.83 $2,112,233.78
5 $119,833.51 $36,395.90 $2,075,837.88
6 $117,696.97 $38,532.44 $2,037,305.44
7 $115,435.02 $40,794.39 $1,996,511.05
8 $113,040.28 $43,189.13 $1,953,321.92
9 $110,504.97 $45,724.44 $1,907,597.48
10 $107,820.82 $48,408.59 $1,859,188.90
11 $104,979.11 $51,250.30 $1,807,938.60
12 $101,970.59 $54,258.82 $1,753,679.78
13 $98,785.45 $57,443.96 $1,696,235.82
14 $95,413.34 $60,816.07 $1,635,419.76
15 $91,843.28 $64,386.13 $1,571,033.63
16 $88,063.65 $68,165.76 $1,502,867.87
17 $84,062.14 $72,167.27 $1,430,700.60
18 $79,825.73 $76,403.67 $1,354,296.93
19 $75,340.64 $80,888.77 $1,273,408.16
20 $70,592.26 $85,637.15 $1,187,771.01
21 $65,565.13 $90,664.27 $1,097,106.73
22 $60,242.90 $95,986.50 $1,001,120.23
23 $54,608.25 $101,621.16 $899,499.07
24 $48,642.82 $107,586.59 $791,912.48
25 $42,327.21 $113,902.20 $678,010.28
26 $35,640.85 $120,588.56 $557,421.72
27 $28,561.99 $127,667.42 $429,754.31
28 $21,067.58 $135,161.83 $294,592.48
29 $13,133.23 $143,096.18 $151,496.30
30 $4,733.11 $151,496.30 $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 Village New Vernon, NJ


1500 sqft3900 sqft
Ø selling price$646,906$1,376,146
Ø fast selling$588,097$1,238,531
Ø high price sale$705,716$1,513,760

In 2026, houses in New Vernon Village New Vernon, NJ will be offered at an average price of $374 per square foot. A 1,500 sqft home priced at $646,906 is 21.92% more expensive per square foot than a 3,900 sqft home priced at $1,376,146. Home prices in New Vernon Village New Vernon, 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 $952,717. Sellers who can wait longer may achieve a higher price of up to $1,164,431.


New Vernon Village, New Vernon, NJ

Overview

Nestled in Harding Township, Morris County, New Vernon Village in New Vernon, NJ combines historic charm with a tranquil, rural setting.
The compact village center features timeless architecture, a community church, and essential services that anchor daily life.

Real Estate & Lifestyle

Homebuyers will find a distinctive mix of stately estates, equestrian properties, and classic colonials on generous lots.
Quiet lanes, fieldstone walls, and preserved landscapes create a bucolic lifestyle just minutes from the shopping, dining, and culture of Morristown.
Seasonal community events and long-standing civic traditions foster strong small-town connections in New Vernon Village.

Nature & Recreation

Outdoor enthusiasts enjoy proximity to the Great Swamp National Wildlife Refuge and Jockey Hollow in Morristown National Historical Park for hiking, birding, and nature study.

Schools & Commute

Families value the highly regarded Harding Township School for K?8 and the sending relationship to Madison High School for grades 9?12.
Commuters appreciate nearby NJ Transit rail service from Madison, Morristown, and Convent Station, plus quick access to I?287 and the Route 24 corridor.

Amenities & Nearby Towns

Local markets and neighboring downtowns like Madison and Morristown supply everyday conveniences, boutiques, farmers markets, and arts venues.

Conclusion

Whether you seek luxury real estate, historic architecture, or serene countryside living, New Vernon Village blends prestige, privacy, and convenience in northern New Jersey.



FAQ – Home Values in New Vernon Village New Vernon

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

In 2026, the typical home value in New Vernon Village New Vernon is about $2,238,725 for an average home size of 5711 square feet. This corresponds to an average price of roughly $374 per square foot.

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

In 2026, homes in New Vernon Village New Vernon sell for an average of around $374 per square foot, with a typical range between $355.3 and $392.7 per square foot, depending on the property’s location, condition, and lot size.

What is the average home size in New Vernon Village?

The average home size in New Vernon Village New Vernon is about 5711 square feet, with an estimated 2026 value around $2,238,725.



Neighborhoods close to New Vernon Village New Vernon, NJ

Bee Meadow Whippany, NJ309 $ / ft²
Alloway Alloway, NJ125 $ / ft²
Albion Atco, NJ169 $ / ft²
Murray Hill New Providence, NJ402 $ / ft²
Downtown Morristown Morristown, NJ461 $ / ft²
Coventry Park Morris Plains, NJ287 $ / ft²
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