Why Live in Netcong
On the southern edge of Lake Musconetcong, Netcong is a quiet borough with waterfront parks, a little downtown and a New Jersey Transit train station. With just over 3,300 residents, it’s a relatively friendly place. “It’s a very close-knit community,” says Lisa Peluso, a Realtor at RE/MAX Town and Valley II who has been selling homes here for 22 years. “I had a listing there a couple years back, and I can’t tell you how many people came into my open house with stories of having known the people that lived there, the people that lived there before them.” Another major draw to Netcong, Peluso says, is its location close to a lot of local touchstones, from the bigger Lake Hopatcong about 3 miles away to nearby towns like Mt. Olive, Hackettstown and Roxbury. Sidewalks thread along both sides of the street in Netcong, crossing in front of colonials, American Foursquares and Cape Cods. Most yards are well under half an acre. Prices start at about $340,000 for fixer-uppers and can climb as high as $700,000 for an updated home, whether it’s on the water or not. There are a collection of waterfront homes, often with little private docks onto the lake, but they typically fit into this
Frequently Asked Questions
What is the average home price in Netcong, NJ?
Homes for sale in Netcong, NJ have an average home price of $454,509.
How many homes have sold over the last 12 months in Netcong, NJ?
32 homes have sold in Netcong, NJ over the last 12 months.
What are the most popular zip codes in Netcong, NJ?
How much do you need to make to afford a house in Netcong?
The median home price in Netcong is $445,000. If you put a 20% down payment of $89,000 and had a 30-year fixed mortgage with an interest rate of 6.77%, your estimated principal and interest payment would be $2,310 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $99K a year to afford the median home price in Netcong.
How are the schools in Netcong, NJ?
Home Trends in Netcong, NJ
On average, homes in Netcong, NJ sell after 41 days on the market compared to the national average of 50 days. The median sale price for homes in Netcong, NJ over the last 12 months is $444,750, up 10% from the median home sale price over the previous 12 months.
Median Sale Price
$444,750
Median Single Family Sale Price
$453,500
Median Townhouse Sale Price
$265,000
Average Price Per Sq Ft
$329
Number of Homes for Sale
6
Last 12 months Home Sales
32
Median List Price
$445,000
Median Change From 1st List Price
0%
Median Home Sale Price YoY Change
10%
