What is the median home value in Lake Hopatcong, NJ?
The median value of owner-occupied homes in Lake Hopatcong, NJ is $424,200 (±$18,241), as owners estimated it in the Census Bureau’s 2020–2024 American Community Survey.
Figures last updated on .
- Median home value
- $424,200 (±$18,241)
- Owner-occupied homes
- 3,857 (±337)
- Most common range
- $300,000 to $499,999
Home values in Lake Hopatcong
| Value | Lake Hopatcong | Morris County | New Jersey | United States |
|---|---|---|---|---|
| Less than $50,000 | 0.3% (±0.4 points) | 1.2% | 2.5% | 5.3% |
| $50,000 to $99,999 | 1.9% (±2.3 points) | 1.0% | 1.8% | 6.1% |
| $100,000 to $149,999 | 1.2% (±1.2 points) | 0.6% | 2.2% | 6.8% |
| $150,000 to $199,999 | 2.0% (±1.7 points) | 0.8% | 4.3% | 9.0% |
| $200,000 to $299,999 | 19.7% (±5.1 points) | 5.1% | 12.9% | 17.8% |
| $300,000 to $499,999 | 47.0% (±6.8 points) | 30.3% | 34.2% | 26.9% |
| $500,000 to $999,999 | 25.1% (±5.7 points) | 50.2% | 34.5% | 20.9% |
| $1,000,000 or more | 2.8% (±1.9 points) | 10.8% | 7.6% | 7.1% |
The most common range is $300,000 to $499,999, 47.0% 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.
Lake Hopatcong against Morris County, its state and the nation
| Lake Hopatcong | Morris County | New Jersey | United States | |
|---|---|---|---|---|
| Median home value | $424,200 (±$18,241) | $582,500 (±$5,640) | $454,400 (±$1,150) | $332,700 |
| Owner-occupied homes | 3,857 (±337) | 143,562 (±1,613) | 2,239,128 (±10,678) | 84,210,142 |
In Lake Hopatcong, the median home value is lower than in Morris County ($582,500).
It is also lower than in New Jersey ($454,400).
It is higher than the national figure ($332,700).
In Morris County, Lake Hopatcong ranks 24 of 27 places with a published estimate, from highest to lowest median home value.
Statewide, it ranks 125 of 248.
Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.
Median home value in places near Lake Hopatcong
| Place | Distance | Median home value | Compared with this place |
|---|---|---|---|
| Lake Hopatcong | — | $424,200 (±$18,241) | — |
| Hopatcong Borough | 2.8 mi | $340,700 (±$12,503) | Lower |
| Mount Arlington Borough | 3.1 mi | $422,900 (±$24,156) | Not measurably different |
| Mount Hope | 4.2 mi | $398,000 (±$32,918) | Not measurably different |
| Landing | 4.6 mi | $417,400 (±$28,219) | Not measurably different |
| Wharton Borough | 4.7 mi | $380,700 (±$31,603) | Lower |
| Lake Mohawk | 4.9 mi | $441,700 (±$19,869) | Not measurably different |
| Roxbury Township | 5.4 mi | $465,700 (±$11,412) | Higher |
| Byram Township | 5.4 mi | $389,900 (±$16,822) | Lower |
Nearby places with a measurably lower figure: Hopatcong Borough, NJ ($340,700), Wharton Borough, NJ ($380,700), Byram Township, NJ ($389,900).
Nearby places with a measurably higher figure: Roxbury Township, NJ ($465,700).
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 |
|---|---|---|
| 18 | Long Valley | $461,900 (±$24,856) |
| 19 | Ledgewood | $460,900 (±$26,605) |
| 20 | Budd Lake | $456,100 (±$15,191) |
| 21 | Mount Tabor | $454,800 (±$36,738) |
| 22 | Oak Ridge | $436,100 (±$30,457) |
| 23 | Lake Hiawatha | $428,600 (±$23,465) |
| 24 | Lake Hopatcong | $424,200 (±$18,241) |
| 25 | Landing | $417,400 (±$28,219) |
| 26 | Mount Hope | $398,000 (±$32,918) |
| 27 | Kenvil | $365,600 (±$83,788) |
Showing 10 of 27 places in Morris County, ranked from highest to lowest.
Lake Hopatcong is a census-designated place: an unincorporated community the Census Bureau draws for statistics, with no municipal government of its own.
It lies inside Jefferson 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 Lake Hopatcong
What is the average home value in Lake Hopatcong, NJ?
The Census Bureau publishes the median: $424,200 (±$18,241) for owner-occupied homes in Lake Hopatcong (2020–2024 American Community Survey).
Is this what homes in Lake Hopatcong 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
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Lake Hopatcong CDP, New Jersey
- Median Value (B25077), 2015–2019 ACS 5-year estimates — Lake Hopatcong CDP, New Jersey
- Median Selected Monthly Owner Costs (B25088), 2015–2019 ACS 5-year estimates — Lake Hopatcong CDP, New Jersey
- Median Real Estate Taxes Paid by Mortgage Status (B25103), 2015–2019 ACS 5-year estimates — Lake Hopatcong CDP, New Jersey
- Consumer Price Index for All Urban Consumers (CPI-U), US city average, all items, US Bureau of Labor Statistics: annual averages 2019 and 2024
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 Lake Hopatcong CDP, New Jersey (place:37710, 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.
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.
Figures last updated on .
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