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NJ area data

Short hills, NJ

Short hills, NJ.

Population: 14,613 (Census ACS)

Home values & appreciation

Median home value
$2.41M
1-year appreciation
+8.0%
3-year appreciation
+26.5%
5-year appreciation
+49.9%
10-year appreciation
+61.7%
All-time peak (2026-07)
$2.41M
House Price Index
430.8 (+5.2% YoY)

Market activity

Median sale price
$2.31M
Median list price
$2.50M
Median days on market
11 days
Sale-to-list ratio
106.5%
Active listings
26
1-year forecast
+2.6%
Days to pending
30 days
New listings (monthly)
18

Rents

Typical rent
$7,196/mo
1BR fair-market rent
$1,731/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
3
Elementary schools
3
Middle schools
0
High schools
0

Natural hazards & flood risk

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

Climate (30-year normals)

Annual precipitation
50.2 in

Walkability & transit

Walkability index
6.7 / 20
Transit service frequency
-99,999

Amenities

National parks within ~60 mi
23
Nearest national park
Thomas Edison National Historical Park (6 mi)
Nearest airport
Morristown Municipal Airport (MMU) (6 mi)
Nearest major airport
Morristown Municipal Airport (MMU) (6 mi)
Hospitals nearby (~15 mi)
48
Avg hospital rating
2.7 / 5
Solar radiation rating
Fair (4.0 kWh/m²/day)

Migration

Net migration
-4,174 tax filers

Housing stock

Median year housing built
1,958
Median annual property tax
$10,001
Mean commute to work
25 min
Households with broadband internet
96.5%

Employment & development

Total county employment
273,240
Average weekly wage
$1,593
Top industries (by employment)
Health Care, Accommodation & Food, Professional Services
Annual residential building permits (county)
144

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