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NJ area data

Lafayette, NJ

Lafayette, NJ.

Population: 4,257 (Census ACS)

Home values & appreciation

Median home value
$490,308
1-year appreciation
+3.2%
3-year appreciation
+12.5%
5-year appreciation
+27.3%
10-year appreciation
+77.6%
All-time peak (2026-07)
$490,308
House Price Index
430.8 (+5.2% YoY)

Market activity

Median sale price
$445,000
Median list price
$777,000
Median days on market
25 days
Sale-to-list ratio
104.9%
Active listings
8
1-year forecast
+2.4%
New listings (monthly)
4

Rents

2-bedroom fair-market rent (HUD reference)
$2,099/mo
3BR fair-market rent
$2,729/mo

Affordability

Cost of living index (High)
112.5 (100 = US avg)
Electricity rate (state-level)
22.6¢/kWh
Natural gas rate (state-level)
$14.20/MCF
30-year mortgage rate (national)
6.66%
15-year mortgage rate (national)
6.00%

Schools

Total schools
1
Elementary schools
1
Middle schools
0
High schools
0

Natural hazards & flood risk

Overall hazard risk
Relatively Low
Top hazards
strongWind, coldWave, inlandFlooding, lightning, winterWeather
FEMA flood zone
X
Flood risk level
Minimal

Climate (30-year normals)

Average annual temperature
53.0°F
Average high
62.0°F
Average low
44.0°F
Annual precipitation
45.5 in
Annual snowfall
20.2 in

Walkability & transit

Walkability index
7.7 / 20
Transit service frequency
-99,999

Amenities

National parks within ~60 mi
21
Nearest national park
Delaware Water Gap National Recreation Area (14 mi)
Nearest airport
Newton Airport (7 mi)
Nearest major airport
Morristown Municipal Airport (MMU) (25 mi)
Hospitals nearby (~15 mi)
5
Avg hospital rating
3.8 / 5
Solar radiation rating
Fair (3.9 kWh/m²/day)

Migration

Net migration
+327 tax filers

Housing stock

Median year housing built
1,983
Median annual property tax
$9,733
Mean commute to work
27 min
Households with broadband internet
84.5%

Employment & development

Total county employment
31,300
Average weekly wage
$1,079
Top industries (by employment)
Health Care, Accommodation & Food, Construction
Annual residential building permits (county)
104

Area data compiled from public government, academic, and industry research feeds. Data sources →

Data last updated

Most recent source refresh: Aug 2026. See all data sources →

Data compiled by REAIGENT7 — AI listing platform for real estate agents