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Long Valley

Learn about the people, housing, costs and businesses in Long Valley, New Jersey

Median Home$608,290
Median Rent$1,751/month
Population1,843
Leading IndustriesConstruction · Agriculture & Mining6% construction
Home Value Growth⬆⬆+20.9% over 2 years
Family-Friendly25% of residentsslightly above average
Homeowners95% of occupied units
NotableHigh Incomes$174k/year · top 2% nationally
Long Valley
NJ

Frequently Asked Questions

What are today's mortgage rates in Long Valley?

As of today, the 30-year fixed mortgage rate for Long Valley is approximately 6.851% (6.886% APR). Rates vary based on your credit score, loan type, down payment, and other factors. Safe Rate updates rates daily using live investor pricing.

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What is the median home price in Long Valley?

The median home value in Long Valley is $608k. The median monthly rent is $1,751. Annual property taxes average $10k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Long Valley?

Home values in Long Valley have increased 20.9% over the past two years. This indicates a strong appreciation trend. This data is sourced from the Federal Housing Finance Agency (FHFA) House Price Index.

How much income do you need to buy a home in Long Valley?

Based on a typical all-in ownership cost of $2,849/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $122k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Long Valley is $174k/year.

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What industries drive the economy in Long Valley?

The largest employment sectors in Long Valley are public administration (24%) and retail (8%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.