Mount Hermon, NJ Housing

Mount Hermon, NJ is a great place to live with its median housing value of $409,500. This is significantly higher than the US median house value of $338,100, and shows that Mount Hermon is an attractive destination for potential buyers. The 1-year appreciation rate for US houses in 8.27%, while in Mount Hermon it is a higher 14.20%, indicating strong growth in the area’s housing market. Investing in real estate here would be a wise decision for those looking to make money off their purchase or just own a nice home in one of New Jersey's most desirable towns.

Median Monthly Rent by Number of Bedrooms

Housing by Year Built

Housing	Mount Hermon, New Jersey	United States
	71.0	139,647,020.0
	55	42
	$409,500	$338,100
	14.2%	16.6%
	45.7%	57.0%
	56.2%	101.1%
	$27.66	$10.98
	$9,063	$2,690
	83.1%	57.4%
	0.0%	11.2%
	16.9%	31.4%
Vacant Housing
	0.0%	1.9%
	0.0%	0.4%
	0.0%	0.7%
	0.0%	0.4%
	0.0%	3.6%
	0.0%	4.1%
Value of Owner-Occupied Housing
	0.0%	2.6%
	0.0%	2.4%
	0.0%	2.8%
	0.0%	3.9%
	0.0%	4.5%
	0.0%	11.3%
	5.1%	13.0%
	11.9%	20.1%
	55.9%	13.6%
	3.4%	8.3%
	18.6%	9.7%
	5.1%	3.9%
	0.0%	2.2%
	0.0%	0.8%
	0.0%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	0.0%	13.6%
	0.0%	13.6%
	14.1%	13.6%
	9.9%	13.2%
	9.9%	14.8%
	14.1%	13.6%
	4.2%	10.0%
	0.0%	4.7%
	25.4%	12.2%

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