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Mountain Lakes borough, NJ

ZIP 07046 — Housing & Real Estate

Source: U.S. Census Bureau ACS 2019–2023 5-Year Estimates. Page data updated 2026-08-02.

Wealthy AreaLow Snow AreaRemote Work Hub

Home values, rent, tenure, and housing stock

Housing & Real Estate in ZIP Code 07046

Median Home Value
$915,100
Median Rent
N/A
Affordability Snapshot
$252,000
Est. income to buy

Household income needed for a median home under a 20% down / 6.8% illustrative mortgage model (~$5,878/mo PITI).

3.7x
Home Price-to-Income Ratio

Within the typical 3-5x range for home affordability.

To comfortably buy a median-priced home in ZIP 07046 in Mountain Lakes borough, NJ, a household would need roughly $252,000 in annual income under a 20% down, 30-year loan at 6.8% (illustrative), keeping housing costs near 28% of income. Estimated monthly PITI is about $5,878. That is roughly in line with the local median household income ($250,001). Rates, taxes, insurance, and HOA fees vary — treat this as a planning estimate, not a lender quote.

Housing Tenure

Mostly owner-occupied, low vacancy — stable housing market.

Heating Fuel
Housing Metrics
Owner Occupied
97.1%+48% vs US avg
x
Vacancy Rate
2.3%-78% vs US avg
x
Broadband Access
100.0%+15% vs US avg
x
4+ Bedrooms
40.2%+171% vs US avg
x
Built Pre-1939
13.2%+3% vs US avg
x
Built Post-2014
0.0%
x
Rent Burden >30%
58.5%+18% vs US avg
x
Mortgage-Free
32.8%-14% vs US avg
x
$915,100
Home Value
N/A
Rent
1948
Year Built
2010
Moved In

Residents have lived here since ~2010 on average

Housing Structure

Census ACS structure types (single-family, multi-unit, etc.).

  • 1-unit detached90.5%
  • 1-unit attached8.8%
  • 2-9 units0.7%
  • 10+ units0.0%
  • Mobile home & other0.0%

Housing & Real Estate key statistics

Housing statistics
Housing
Median home value$915,100
Median rent$-666,666,666
Owner-occupied97.1%
Vacant2.3%
Price-to-income3.7x
Est. income to buy$252,000