House Prices

House Prices & Home Values Peapack, NJ 2026


Average Data

average house price$693,360
average size per house2143 ft²
average price per ft²324 $ / ft²

04/05/2026 - The value range (VR) for house prices in Peapack, NJ is $326/ sqft to $326/ sqft. An average home with 2143 sqft costs approximately $698,618 to $698,618. Peapack, NJ includes 1 ZIP codes and it is located in Somerset county. The lowest prices are found in ZIP 07977, while the highest are in ZIP 07977. The average price per sqare feet is $324. Our analysis is based on 5 property listings.

Avergage prices by ZIP codes Peapack

07977341 $ / ft²




Historical development of home values in Peapack

Year Estimated value (USD) Change vs. 2025
2010 $322,009 -53.6%
2011 $309,557 -55.4%
2012 $308,723 -55.5%
2013 $320,263 -53.8%
2014 $336,187 -51.5%
2015 $353,442 -49.0%
2016 $371,887 -46.4%
2017 $391,959 -43.5%
2018 $413,629 -40.3%
2019 $432,808 -37.6%
2020 $455,182 -34.4%
2021 $517,721 -25.3%
2022 $603,546 -13.0%
2023 $636,467 -8.2%
2024 $673,288 -2.9%
2025 $693,360 0.0%

Graph: estimated home values in Peapack over time (USD)



Example: 100% financing house in Peapack

Loan amount: $693,360

Interest rate: 6.00%

Fixed monthly payment: $4,157.04

Breakdown in the 1st month:
Interest portion: $3,466.80  –  Principal portion: $690.24

Yearly breakdown (100% financing)

Year Interest per year ($) Principal per year ($) Remaining balance at year-end ($)
1 $41,369.98 $8,514.54 $684,845.46
2 $40,844.82 $9,039.70 $675,805.76
3 $40,287.27 $9,597.25 $666,208.51
4 $39,695.34 $10,189.19 $656,019.32
5 $39,066.89 $10,817.63 $645,201.69
6 $38,399.68 $11,484.84 $633,716.85
7 $37,691.32 $12,193.20 $621,523.65
8 $36,939.27 $12,945.25 $608,578.39
9 $36,140.84 $13,743.69 $594,834.71
10 $35,293.16 $14,591.37 $580,243.34
11 $34,393.19 $15,491.33 $564,752.01
12 $33,437.72 $16,446.80 $548,305.21
13 $32,423.32 $17,461.20 $530,844.01
14 $31,346.35 $18,538.17 $512,305.83
15 $30,202.96 $19,681.57 $492,624.27
16 $28,989.04 $20,895.48 $471,728.79
17 $27,700.25 $22,184.27 $449,544.51
18 $26,331.97 $23,552.55 $425,991.97
19 $24,879.31 $25,005.22 $400,986.75
20 $23,337.04 $26,547.48 $374,439.27
21 $21,699.65 $28,184.88 $346,254.39
22 $19,961.27 $29,923.26 $316,331.13
23 $18,115.66 $31,768.86 $284,562.28
24 $16,156.23 $33,728.29 $250,833.99
25 $14,075.94 $35,808.58 $215,025.41
26 $11,867.35 $38,017.17 $177,008.23
27 $9,522.53 $40,361.99 $136,646.25
28 $7,033.09 $42,851.43 $93,794.82
29 $4,390.11 $45,494.41 $48,300.41
30 $1,584.12 $48,300.41 $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 Peapack, NJ


1500 sqft3900 sqft
Ø selling price$588,060$1,250,964
Ø fast selling$534,600$1,125,868
Ø high price sale$641,520$1,376,061

In 2026, houses in Peapack, NJ will be offered at an average price of $324 per square foot. A 1,500 sqft home priced at $588,060 is 23.99% more expensive per square foot than a 3,900 sqft home priced at $1,250,964. Home prices in Peapack, NJ vary significantly depending on the neighborhood and location. For a quick sale, a 2,700 sqft home should be listed at around $866,053. Sellers who can wait longer may achieve a higher price of up to $1,058,509.


Peapack, NJ: Historic Charm and Countryside Living

Overview

Located in Somerset County, Peapack, NJ is a picturesque borough known for its historic charm and rolling countryside. Part of the twin borough of Peapack-Gladstone, it offers a small-town feel with upscale amenities and strong community pride.

Attractions and Lifestyle

Visitors are drawn to Natirar Park, a sprawling estate with scenic trails, fly-fishing along the North Branch Raritan River, and seasonal events. The quaint downtown features locally owned restaurants, cafes, and boutiques that showcase farm-to-table flavors and artisan goods.
Equestrian culture thrives here, highlighted by nearby stables, countryside rides, and long-standing traditions that celebrate the region?s rural heritage.

Real Estate and Community

Real estate in Peapack, NJ ranges from historic colonials to luxury estates, appealing to buyers seeking privacy, acreage, and well-regarded schools. Families value the Somerset Hills School District, vibrant youth sports, and community programming at parks and libraries.

Transportation and Access

Commuters appreciate quick access to Route 206, I-287, and the NJ Transit Gladstone Branch for service to Hoboken and New York City.

Why Visit or Move

Throughout the year, local events, farmers markets, and cultural programs foster connection among residents and support small businesses. Whether you?re planning a weekend getaway or a long-term move, Peapack, NJ offers a balanced lifestyle of nature, convenience, and timeless character.



FAQ – Home Values in Peapack

What is the median home value in Peapack in 2026?

In 2026, the typical home value in Peapack is about $693,360 for an average home size of 2143 square feet. This corresponds to an average price of roughly $324 per square foot.

What is the average cost per square foot in Peapack?

In 2026, homes in Peapack sell for an average of around $324 per square foot, with a typical range between $326 and $326 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 Peapack is about 2143 square feet, with an estimated 2026 value around $693,360.



Locations close to Peapack, NJ

Pottersville, NJ387 $ / ft²
Stirling, NJ270 $ / ft²
Whippany, NJ259 $ / ft²
New Vernon, NJ380 $ / ft²
New Providence, NJ371 $ / ft²
Mount Freedom, NJ359 $ / ft²
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