Mountain Lakes NJ Multi Family for Sale

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Mountain Lakes Real Estate

The median home value in Mountain Lakes, NJ is $1,100,000. This is higher than the county median home value of $546,600. The national median home value is $338,100. The average price of homes sold in Mountain Lakes, NJ is $1,100,000. Approximately 89.6% of Mountain Lakes homes are owned, compared to 6.46% rented, while 3.94% are vacant. Mountain Lakes real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Mountain Lakes real estate agent to arrange a tour today!

Mountain Lakes, New Jersey has a population of 4,464. Mountain Lakes is more family-centric than the surrounding county with 56.16% of the households containing married families with children. The county average for households married with children is 37.96%.

The median household income in Mountain Lakes, New Jersey is $250,001. The median household income for the surrounding county is $123,727 compared to the national median of $69,021. The median age of people living in Mountain Lakes is 43.4 years.

Mountain Lakes Weather

The average high temperature in July is 84.8 degrees, with an average low temperature in January of 19.6 degrees. The average rainfall is approximately 50.8 inches per year, with 30.7 inches of snow per year.

Mountain Lakes Real Estate Market Conditions

  • Median sales price

    $1,100,000
    13.9% change since last quarter
  • # Active listings

    11
    30-day change

Mountain Lakes Schools and Demographics

Education near Mountain Lakes, NJ

Metric City County
High School Graduates 97.51 94.55
College Degree - 2 year 2.87 6.14
College Degree - 4 year 81.59 55.75
Graduate Degree 27.87 17.26
Expenditures per Student 25,345 25,345
Students per Teacher 10.9 10.9

Elementary Schools near Mountain Lakes, NJ

School Grades Students P/T Ratio ZIP
Eastlake Elementary School PK - 05 316 13.6 07054
Intervale Elementary School KG - 05 297 15.3 07005
John Hill School 01 - 08 574 10.3 07005
Lake Parsippany Elementary School KG - 05 319 12.1 07054
Lakeview Elementary School PK - 05 668 12.7 07834
Mount Tabor Elementary School KG - 05 412 14.3 07878
Northvail Elementary School KG - 05 364 14.8 07054
Riverview Elementary School KG - 05 382 10.9 07834
Rockaway Meadow Elementary School KG - 05 250 11.7 07054
Rockaway Valley School PK - 08 453 11.1 07005
School Street School PK - KG 16 1.6 07005
Troy Hills Elementary School KG - 05 248 11.6 07054
Wildwood Elementary School KG - 05 453 16.8 07046

Middle Schools near Mountain Lakes, NJ

School Grades Students P/T Ratio ZIP
Briarcliff Middle School 06 - 08 312 13.6 07046
Brooklawn Middle School 06 - 08 860 9.5 07054
Central Middle School 06 - 08 758 9.8 07054
Valleyview Middle School 06 - 08 622 11.5 07834

High Schools near Mountain Lakes, NJ

School Grades Students P/T Ratio ZIP
Boonton High School 09 - 12 578 11.7 07005
Morris Knolls High School 09 - 12 1,583 11.1 07834
Mountain Lakes High School 09 - 12 692 12.3 07046
Parsippany High School 09 - 12 936 10.8 07054

Ungraded Schools near Mountain Lakes, NJ

School Grades Students P/T Ratio ZIP
* Morris County School of Technology 09 - 12 653 9.3 07834

Demographics near Mountain Lakes, NJ

Metric City County
Neighborhood Type Small town
Population 4,464 508,347
Population Density 1,691 1,104
Median Age 43.4 42.7
People per Household 3.2 2.7
Median Household Income 250,001 123,727
Average Income per Capita 99,761 61,915