What is the median home value in Towaco, NJ?

Name: Home values in Towaco, 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 Towaco, NJ is $701,300 (±$43,143), as owners estimated it in the Census Bureau’s 2020–2024 American Community Survey.

Figures last updated on November 12, 2026.

Median home value: $701,300 (±$43,143)
Owner-occupied homes: 1,909 (±378)
Most common range: $500,000 to $999,999

Home values in Towaco

Owner-occupied homes by value, 2020–2024
Value	Towaco	Morris County	New Jersey	United States
Less than $50,000	0.6% (±0.9 points)	1.2%	2.5%	5.3%
$50,000 to $99,999	1.4% (±2.2 points)	1.0%	1.8%	6.1%
$100,000 to $149,999	1.0% (±1.1 points)	0.6%	2.2%	6.8%
$150,000 to $199,999	0.8% (±1.3 points)	0.8%	4.3%	9.0%
$200,000 to $299,999	0.3% (±0.5 points)	5.1%	12.9%	17.8%
$300,000 to $499,999	9.8% (±4.5 points)	30.3%	34.2%	26.9%
$500,000 to $999,999	63.2% (±9.5 points)	50.2%	34.5%	20.9%
$1,000,000 or more	22.8% (±7.3 points)	10.8%	7.6%	7.1%

The most common range is $500,000 to $999,999, 63.2% 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.

Towaco against Morris County, its state and the nation

Estimate (90% margin of error)
	Towaco	Morris County	New Jersey	United States
Median home value	$701,300 (±$43,143)	$582,500 (±$5,640)	$454,400 (±$1,150)	$332,700
Owner-occupied homes	1,909 (±378)	143,562 (±1,613)	2,239,128 (±10,678)	84,210,142

In Towaco, 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, Towaco ranks 5 of 27 places with a published estimate, from highest to lowest median home value.

Statewide, it ranks 28 of 248.

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

Median home value in places near Towaco

Nearest places with a published estimate, compared with Towaco
Place	Distance	Median home value	Compared with this place
Towaco	—	$701,300 (±$43,143)	—
Lincoln Park Borough	2.0 mi	$443,300 (±$21,272)	Lower
Pequannock Township	3.1 mi	$553,200 (±$34,859)	Lower
Pompton Plains	3.4 mi	$539,000 (±$42,519)	Lower
Fairfield Township (Essex County)	3.7 mi	$688,500 (±$61,019)	Not measurably different
Boonton Town	3.7 mi	$495,400 (±$37,170)	Lower
Lake Hiawatha	3.8 mi	$428,600 (±$23,465)	Lower
Pine Brook	3.9 mi	$767,200 (±$74,049)	Not measurably different
Boonton Township	4.3 mi	$720,800 (±$64,381)	Not measurably different

Nearby places with a measurably lower figure: Lincoln Park Borough, NJ ($443,300), Pequannock Township, NJ ($553,200), Pompton Plains, NJ ($539,000).

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
1	Brookside	$885,100 (±$35,186)
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)

Showing 11 of 27 places in Morris County, ranked from highest to lowest.

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

It lies inside Montville 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.

What you can do on Seayora in Towaco

One account for renting, owning, managing and fixing homes, with these figures beside you.

Own or manage a rental?

List it, sign the lease and collect rent online, with the figures for Towaco beside you.

Create a landlord account · See what landlords get

Looking for a place to rent?

Browse homes for rent near Towaco, save the ones you like and apply online.

Browse rentals · Create a renter account

Do repairs, renovations or maintenance?

Get found by owners and renters near Towaco, and send estimates and invoices from your phone.

Join as a pro · Find a pro

Questions about Towaco

What is the average home value in Towaco, NJ?

The Census Bureau publishes the median: $701,300 (±$43,143) for owner-occupied homes in Towaco (2020–2024 American Community Survey).

Is this what homes in Towaco 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 Towaco CDP, New Jersey (place:73170, 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.