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Foreclosure Homes in Mountain Lakes, NJ

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Mountain Lakes, NJ Foreclosures

Current Market Conditions in in Mountain Lakes, NJ As of February 2026?
Over the past month, Mountain Lakes has continued to experience a competitive housing market, with properties often selling above asking price. New listings are appearing, but inventory remains low, leading to increased buyer urgency. Many homes are seeing multiple offers, which has contributed to the upward pressure on prices.
How much do homes sell for in Mountain Lakes, NJ?
The average home price is currently $1,275,055.
In Mountain Lakes, NJ, how many homes are available?
There are currently 13 active home listings available in Mountain Lakes.
What’s the average rental cost in Mountain Lakes, NJ?
The average rental price in Mountain Lakes is $4,127.
What is the most expensive home in Mountain Lakes?
The most expensive home sold in Mountain Lakes had a price of $7,814,131.
What is currently the cheapest priced home in Mountain Lakes, NJ?
The cheapest home for sale in Mountain Lakes is priced at $19,535.

Living in Mountain Lakes, NJ

Mountain Lakes, NJ is an idyllic community offering stunning homes, scenic lake views, and a variety of outdoor activities. It's perfect for families seeking a peaceful and family-friendly environment that is still conveniently close to major urban centers. The area is also known for its excellent school system and rich historical charm.

Buyer vs Seller Market in Mountain Lakes, NJ

The real estate market in Mountain Lakes has seen a notable increase in demand, driving prices higher as buyers compete for limited inventory. The combination of lakeside living and a strong school system makes this area particularly appealing to families.

Current market trends indicate a shift towards more luxurious properties as buyers look for spacious homes with modern amenities. The average home price has increased over the past year, reflecting ongoing interest in this scenic community.

Home Value Estimator For Mountain Lakes, NJ

There are currently 1,540 real estate properties in Mountain Lakes, NJ, with a median automated valuation model (AVM) price of $1,198,075.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Mountain Lakes, NJ, based on current market trends, comparable real estate sales nearby, historical data and, of course, property features, among other variables. These automated home estimates are often very helpful, providing buyers and sellers with a better idea of a home’s value ahead of the negotiation process. For example, the average home price in Mountain Lakes, NJ, is $1,275,055.00, with the most expensive house in Mountain Lakes, NJ, topping out at $7,814,131.00 and the cheapest home in Mountain Lakes, NJ, clocking in at $19,535.00. In other words, there’s something for every potential homebuyer or savvy investor in Mountain Lakes, NJ!

Rent Prices In Mountain Lakes, NJ

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Mountain Lakes, NJ, is on a rollercoaster ride. The average rent price in Mountain Lakes, NJ, is $4,127.00. Indeed, when looking to rent in Mountain Lakes, NJ, you can expect to pay as little as $2,070.00 or as much as $5,960.00, with the average rent median estimated to be $4,100.00. The good news is that finding an affordable and desirable property to rent in Mountain Lakes, NJ -- whether it’s apartments, townhomes, condominiums or single-family homes -- is made easier with knowledge of the local market and, of course, a little patience.

Mountain Lakes, NJ Foreclosures


Market Trend for Mountain Lakes, NJ

Total Listings Available: 13

Market Values:

Home Prices from $19,535 to $7,814,131

Average Sales Price: $1,275,055

Rental Values:

Rental from $2,070 to $5,960

Average Rent Value: $4,127 / month

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