What is the median home value in Cedar Knolls, NJ?

Name: Home values in Cedar Knolls, NJ, 2020–2024
Creator: US Census Bureau
License: https://www.census.gov/data/developers/about/terms-of-service.html

The median value of owner-occupied homes in Cedar Knolls, NJ is $646,700 (±$43,314), as owners estimated it in the Census Bureau’s 2020–2024 American Community Survey.

Figures last updated on November 12, 2026.

Median home value: $646,700 (±$43,314)
Owner-occupied homes: 1,056 (±197)
Most common range: $500,000 to $999,999

Home values in Cedar Knolls

Owner-occupied homes by value, 2020–2024
Value	Cedar Knolls	Morris County	New Jersey	United States
Less than $50,000	0.0% (±4.2 points)	1.2%	2.5%	5.3%
$50,000 to $99,999	2.7% (±4.2 points)	1.0%	1.8%	6.1%
$100,000 to $149,999	0.0% (±4.2 points)	0.6%	2.2%	6.8%
$150,000 to $199,999	1.3% (±2.2 points)	0.8%	4.3%	9.0%
$200,000 to $299,999	0.0% (±4.2 points)	5.1%	12.9%	17.8%
$300,000 to $499,999	16.8% (±10.3 points)	30.3%	34.2%	26.9%
$500,000 to $999,999	77.3% (±10.3 points)	50.2%	34.5%	20.9%
$1,000,000 or more	1.9% (±2.4 points)	10.8%	7.6%	7.1%

The most common range is $500,000 to $999,999, 77.3% of owned homes.

Value is the owner’s own estimate of what the home and lot would sell for, not a sale price or an assessment.

Cedar Knolls against Morris County, its state and the nation

Estimate (90% margin of error)
	Cedar Knolls	Morris County	New Jersey	United States
Median home value	$646,700 (±$43,314)	$582,500 (±$5,640)	$454,400 (±$1,150)	$332,700
Owner-occupied homes	1,056 (±197)	143,562 (±1,613)	2,239,128 (±10,678)	84,210,142

In Cedar Knolls, the median home value is higher than in Morris County ($582,500).

It is also higher than in New Jersey ($454,400).

It is higher than the national figure ($332,700).

In Morris County, Cedar Knolls ranks 8 of 27 places with a published estimate, from highest to lowest median home value.

Statewide, it ranks 38 of 248.

Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.

Median home value in places near Cedar Knolls

Nearest places with a published estimate, compared with Cedar Knolls
Place	Distance	Median home value	Compared with this place
Cedar Knolls	—	$646,700 (±$43,314)	—
Morris Plains Borough	1.7 mi	$643,300 (±$26,749)	Not measurably different
Morristown Town	1.9 mi	$567,600 (±$35,322)	Lower
Whippany	1.9 mi	$615,400 (±$29,611)	Not measurably different
Morris Township	2.6 mi	$765,100 (±$29,841)	Higher
Parsippany-Troy Hills Township	3.3 mi	$536,200 (±$16,245)	Lower
Troy Hills	3.8 mi	$650,500 (±$22,941)	Not measurably different
Rainbow Lakes	3.8 mi	$481,800 (±$59,954)	Lower
Mount Tabor	3.8 mi	$454,800 (±$36,738)	Lower

Nearby places with a measurably lower figure: Morristown Town, NJ ($567,600), Parsippany-Troy Hills Township, NJ ($536,200), Rainbow Lakes, NJ ($481,800).

Nearby places with a measurably higher figure: Morris Township, NJ ($765,100).

Distance is measured in a straight line between the Census Bureau’s internal points for each place.

Median home value across Morris County, place by place

Rank	Place	Median home value
2	Green Village	$823,900 (±$426,455)
3	Millington	$796,600 (±$45,007)
4	Pine Brook	$767,200 (±$74,049)
5	Towaco	$701,300 (±$43,143)
6	Stirling	$695,300 (±$61,079)
7	Troy Hills	$650,500 (±$22,941)
8	Cedar Knolls	$646,700 (±$43,314)
9	Gillette	$635,900 (±$41,495)
10	Whippany	$615,400 (±$29,611)
11	Parsippany	$555,400 (±$20,373)
12	Flanders	$552,900 (±$45,377)
13	Pompton Plains	$539,000 (±$42,519)
14	Succasunna	$529,100 (±$26,737)

Showing 13 of 27 places in Morris County, ranked from highest to lowest.

Cedar Knolls is a census-designated place: an unincorporated community the Census Bureau draws for statistics, with no municipal government of its own.

It lies inside Hanover Township, whose figures include it.

Survey years: 2020–2024 (American Community Survey 5-year estimates), compared with 2015–2019.

Margins of error are at the 90% confidence level.

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Questions about Cedar Knolls

What is the average home value in Cedar Knolls, NJ?

The Census Bureau publishes the median: $646,700 (±$43,314) for owner-occupied homes in Cedar Knolls (2020–2024 American Community Survey).

Is this what homes in Cedar Knolls sell for?

No: it is the value owners reported, which tends to lag the market; recent sale prices and an appraisal answer that question.

Sources

To check these figures in the Census Bureau’s own API, request the variables below from the 2024 ACS 5-year data profile (acs/acs5/profile) for Cedar Knolls CDP, New Jersey (place:11290, in state:34).

Each estimate (E or PE) has a margin of error beside it (M or PM).

The 2015–2019 figures are B25077_001E, B25077_001M, B25088_002E, B25088_002M, B25103_001E, B25103_001M from the 2019 release.

The API needs a free key.

Request a Census API key.

DP04_0089E, DP04_0089M, DP04_0046E, DP04_0046M, DP04_0081PE, DP04_0081PM, DP04_0082PE, DP04_0082PM, DP04_0083PE, DP04_0083PM, DP04_0084PE, DP04_0084PM, DP04_0085PE, DP04_0085PM, DP04_0086PE, DP04_0086PM, DP04_0087PE, DP04_0087PM, DP04_0088PE, DP04_0088PM

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.

Figures are published by the US Census Bureau, HUD, the Bureau of Labor Statistics and the FBI; Seayora reproduces them and does not adjust them, except where a sentence says it compares dollar figures after inflation. They describe the whole place, not any one building or street, and are not an appraisal, a rent determination, a tax bill, a safety rating or legal advice.