Why Live in Mount Olive
Mount Olive, a Northern New Jersey township, offers a mix of suburban and rural living, centered around Budd Lake. The neighborhood features a variety of housing options, including traditional subdivisions, larger rural properties, and several condo communities like Woodfield and King’s Village. Homes range from colonials and split-levels built between 1950 and 2000 to early 1900s Cape Cods, with properties spanning from 1 to 10 acres. The area is served by highly rated schools, including Benedict A. Cucinella School, Long Valley Middle, and West Morris Mendham High, an International Baccalaureate World School. Commuting is facilitated by the Mount Olive train station with daily service to Hoboken, and proximity to U.S. Route 46 and Interstate 80, making New York City accessible. Turkey Brook Park, the largest municipal park, offers an array of things to do with its playground, splashpad, sports facilities, dog parks, and hiking trails. Flanders Park and Flanders Valley Golf Course provide additional recreational options. Shopping and dining are convenient along U.S. Route 206, with ITC Crossing South and Sutton Plaza Shopping Center hosting stores like Walmart and ShopRite, and local eateries such as Efsane Mediterranean Cuisine and Enzo's Ristorante & Pizzeria. Annual events at Turkey Brook Park, including the Mt. Olive Carnival and Mistletoe Market, foster community spirit. The neighborhood is safer than the national average, adding to its appeal for potential homebuyers.
Home Trends in Mount Olive, NJ
On average, homes in Mount Olive, NJ sell after 27 days on the market compared to the national average of 50 days. The median sale price for homes in Mount Olive, NJ over the last 12 months is $590,000, up 12% from the median home sale price over the previous 12 months.
Median Sale Price
$590,000
Median Single Family Sale Price
$610,000
Median Townhouse Sale Price
$567,500
Average Price Per Sq Ft
$340
Number of Homes for Sale
19
Last 12 months Home Sales
121
Median List Price
$601,000
Median Change From 1st List Price
0%
Median Home Sale Price YoY Change
12%