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Foreclosure Homes in Mountain Lakes, NJ

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Mountain Lakes, NJ Foreclosures

Current Market Conditions in Mountain Lakes, NJ as of May 2026?
Home values: +0.64% MoM; rent: +0.00% MoM.
How much do homes sell for in Mountain Lakes, NJ?
The average home price is currently $1,270,492.
In Mountain Lakes, NJ, how many homes are available?
There are currently 21 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 $7,756,401.
What is currently the cheapest priced home in Mountain Lakes, NJ?
The cheapest home for sale in Mountain Lakes is priced at $19,489.

Living in Mountain Lakes, NJ

Mountain Lakes, NJ is an affluent Morris County lake community with historic homes, strong suburban appeal, commuter rail access, and a high-value residential market.

Buyer vs Seller Market in Mountain Lakes, NJ

Median home value: $1,191,486 as of 2026-05-14.

Median rent: $4,100 as of 2026-05-14.

Home values: +0.64% MoM, +1.90% YoY.

Rent: +0.00% MoM, +0.00% YoY.

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 $1,191,486.00. 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 $1,270,492.00, with the most expensive house in Mountain Lakes, NJ, topping out at $7,756,401.00 and the cheapest home in Mountain Lakes, NJ, clocking in at $19,489.00. 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: 21

Market Values:

Home Prices from $19,489 to $7,756,401

Average Sales Price: $1,270,492

Rental Values:

Rental from $2,070 to $5,960

Average Rent Value: $4,127 / month

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