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Short Hills, NJ Housing

 
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As of 2010-2014, median price of a house in Short Hills is $1,000,001, which is much higher than the state average of $319,900 and is much higher than the national average of $175,700. The median year that a house in Short Hills was built is 1953, which is older than the median year for a house built in the state which is 1966 and is older than the median year for a house built in the USA which is 1976.

Topics:House ValueHousing OccupancyYear Structure BuiltMortgage StatusMortgage Owner's CostsNone-Mortgage Owner's CostsUnits in StructureRoomsBedroomsHouse Heating FuelGross RentVehicle Available

House Value

Median Value of a Total of 3,673 Owner Occupied Houses in Short Hills, NJ, #1
Short Hills, NJ
1,000,001 USD
New Jersey
319,900 USD
U.S.
175,700 USD
Median House Price Growth Since 2006-2010, see rank
Short Hills, NJ
0.00%
New Jersey
87.30%
U.S.
46.91%

*The Short Hills, NJ median house price growth rate is since 2006-2010. The New Jersey and U.S population growth rate is since 2000.
Ranks: $50K or Less, $50-100K, $100-150K, $150-200K, $200-300K, $300-500K, $500-1M, $1M or More

*Based on 2010-2014 data. View historical house value data.

Housing Occupancy

 Short Hills, NJNew JerseyU.S.
Total Housing Units4,156, see rank, 100%3,572,138132,741,033
Occupied Housing Units3,975, 95.64%, see rank89.26%87.55%
Owner Occupied3,673, 88.38%, see rank58.06%56.34%
Renter Occupied302, 7.27%, see rank31.20%31.21%
Vacant Housing Units181, 4.36%, see rank10.74%12.45%
For Rent0, 0.00%, see rank2.18%2.34%
For Sale Only90, 2.17%, see rank1.02%1.20%
Rented or Sold, Not Occupied9, 0.22%, see rank0.70%0.92%
For Seasonal, Recreational, or Occasional Use10, 0.24%, see rank3.72%3.97%
For Migrant Workers0, 0.00%, see rank0.01%0.03%
Other Vacant72, 1.73%, see rank3.11%4.00%

*Based on 2010-2014 data. View historical housing occupancy data.

Year Structure Built

Median Built Year, #408
Short Hills, NJNew JerseyU.S.
195319661976

Ranks: 1995 or earlier, 1960-1969, 1970-1979, 1980-1989, 1990-2000, 2000-2010

*Based on 2010-2014 data. View historical year structure built data.

Mortgage Status

 Short Hills, NJ%New JerseyU.S.
Owner-Occupied Units3,673100%2,073,91574,787,460
With a Mortgage2,41065.61%, see rank69.83%65.58%
Without a Mortgage1,26334.39%, see rank30.17%34.42%

*Based on 2010-2014 data. View historical mortgage status data.

Monthly Owner Costs for Housing Units with a Mortgage


Median Owner Costs, see rank
Short Hills, NJ
4,001 USD
New Jersey
2,428 USD
U.S.
1,522 USD

Owner Costs Distribution
Monthly Owner CostsShort Hills, NJ%New JerseyU.S.
$299 or Less00.00%, see rank0.04%0.20%
$300 to $49900.00%, see rank0.35%1.59%
$500 to $69900.00%, see rank0.83%5.01%
$700 to $99900.00%, see rank2.80%14.32%
$1,000 to $1,499160.66%, see rank11.13%27.90%
$1,500 to $1,999220.91%, see rank17.94%20.35%
$2,000 to $2,9992088.63%, see rank36.29%19.52%
$3,000 or More2,16489.79%, see rank30.63%11.12%

Owner Cost as a Percentage of the Total Income, Median Percentage, see rank
Short Hills, NJ
22.10% of the Total Income
New Jersey
27.50% of the Total Income
U.S.
23.70% of the Total Income

Owner Cost as a Percentage of the Total Income, Distribution
 Short Hills, NJ%New JerseyU.S.
10% or Less28611.87%, see rank3.98%5.86%
10% to 20%74430.87%, see rank23.73%31.95%
20% to 30%66127.43%, see rank28.42%27.64%
30% to 40%25010.37%, see rank16.62%13.74%
40% or More45518.88%, see rank26.85%20.29%

*Based on 2010-2014 data. View historical monthly owner costs for housing units with a mortgage data.

Monthly Owner Costs for Housing Units without a Mortgage


Median Owner Costs, see rank
Short Hills, NJ
1,001 USD
New Jersey
972 USD
U.S.
457 USD

Owner Costs Distribution
Monthly Owner CostsShort Hills, NJ%New JerseyU.S.
$199 or Less00.00%, see rank1.19%7.76%
$200 to $29980.63%, see rank1.66%14.70%
$300 to $49970.55%, see rank6.42%34.63%
$500 to $69900.00%, see rank13.17%21.16%
$700 or More1,24898.81%, see rank77.56%21.75%

Owner Cost as a Percentage of the Total Income, Median Percentage, see rank
Short Hills, NJ
14.70% of the Total Income
New Jersey
18.40% of the Total Income
U.S.
12.30% of the Total Income

Owner Cost as a Percentage of the Total Income, Distribution
 Short Hills, NJ%New JerseyU.S.
10% or Less42533.65%, see rank21.71%40.19%
10% to 20%35428.03%, see rank32.37%31.47%
20% to 30%1209.50%, see rank16.94%12.24%
30% to 40%17013.46%, see rank9.46%5.64%
40% or More19415.36%, see rank18.56%9.16%

*Based on 2010-2014 data. View historical monthly owner costs for housing units without a mortgage data.

Units in Structure

 Short Hills, NJNew JerseyU.S.
Total Housing Units4,156, 100%3,572,138132,741,033
1-unit, Detached3,908, 94.03%, see rank53.67%61.65%
1-unit, Attached22, 0.53%, see rank9.26%5.82%
2 Units7, 0.17%, see rank9.53%3.75%
3 or 4 Units23, 0.55%, see rank6.43%4.43%
5 to 9 Units39, 0.94%, see rank4.80%4.78%
10 or More Units157, 3.78%, see rank15.34%13.08%
Mobile Home, Boat, RV, Van, etc.0, 0.00%, see rank0.98%6.49%

*Based on 2010-2014 data. View historical units in structure data.

Rooms

 Short Hills, NJNew JerseyU.S.
Total Housing Units4,156, 100%3,572,138132,741,033
1 Room0, 0.00%, see rank2.71%1.95%
2 Rooms51, 1.23%, see rank2.15%2.48%
3 Rooms69, 1.66%, see rank10.30%9.13%
4 Rooms92, 2.21%, see rank15.19%16.60%
5 Rooms86, 2.07%, see rank16.72%20.41%
6 Rooms219, 5.27%, see rank16.15%18.06%
7 Rooms460, 11.07%, see rank12.48%12.27%
8 Rooms698, 16.79%, see rank10.49%8.48%
9 Rooms or More2,481, 59.70%, see rank13.81%10.60%
Median Rooms9.00, see rank5.705.50

*Based on 2010-2014 data. View historical rooms data.

Bedrooms

 Short Hills, NJNew JerseyU.S.
Total Housing Units4,156, 100%3,572,138132,741,033
No Bedroom0, 0.00%, see rank2.88%2.17%
1 Bedroom181, 4.36%, see rank14.18%11.16%
2 Bedrooms76, 1.83%, see rank25.93%26.69%
3 Bedrooms982, 23.63%, see rank32.62%39.70%
4 Bedrooms1,370, 32.96%, see rank18.83%16.05%
5 or More Bedrooms1,547, 37.22%, see rank5.56%4.22%

*Based on 2010-2014 data. View historical bedrooms data.

House Heating Fuel

 Short Hills, NJNew JerseyU.S.
Total Housing Units3,975, 100%3,188,498116,211,092
Utility Gas3,613, 90.89%, see rank74.16%48.85%
Bottled, Tank, or LP Gas45, 1.13%, see rank1.94%4.86%
Electricity227, 5.71%, see rank11.66%36.68%
Fuel Oil, Kerosene, etc.90, 2.26%, see rank11.10%5.86%
Coal or Coke0, 0.00%, see rank0.03%0.12%
Wood0, 0.00%, see rank0.44%2.12%
Solar Energy0, 0.00%, see rank0.03%0.05%
Other Fuel0, 0.00%, see rank0.32%0.47%
No Fuel Used0, 0.00%, see rank0.32%1.00%

*Based on 2010-2014 data. View historical house heating fuel data.

Gross Rent

Monthly RentalShort Hills, NJNew JerseyU.S.
Occupied Units Paying Rent278, 100%1,077,46339,201,928
$199 or Less0, 0.00%, see rank1.46%1.50%
$200 to $2990, 0.00%, see rank3.04%3.18%
$300 to $4990, 0.00%, see rank3.86%7.37%
$500 to $6990, 0.00%, see rank4.64%16.01%
$700 to $9990, 0.00%, see rank19.19%29.17%
$1,000 to $1,49980, 28.78%, see rank40.89%26.88%
$1,500 to $1,999139, 50.00%, see rank17.11%9.79%
$2,000 or More59, 21.22%, see rank9.81%6.10%
Median$1,712, see rank$1,188$920

*Based on 2010-2014 data. View historical gross rent data.

Vehicle Available

 Short Hills, NJNew JerseyU.S.
Occupied Housing Units3,975, 100%3,188,498116,211,092
No Vehicles Available46, 1.16%, see rank11.70%9.12%
1 Vehicles Available606, 15.25%, see rank34.71%33.80%
2 Vehicles Available2,187, 55.02%, see rank36.16%37.48%
3 or More Vehicles Available1,136, 28.58%, see rank17.43%19.61%

*Based on 2010-2014 data. View historical vehicle available data.


 
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