States · New Jersey · Morris County

Long Valley, New Jersey.

Typical home $749,581 (+3.0% in a year). New York-Newark-Jersey City, NY-NJ-PA metro.

What it costs per month · Long Valley $3,807/mo

to buy the typical home at today's mortgage rate — +$2,015 (+112%) since Jan 2020.

What the home itself did
1 year
Up $21,491 +3%
$728,089$749,581 since Jul 2025
5 years
Up $180,044 +32%
$569,536$749,581 since Jul 2021

Monthly payment to buy the typical home

Home value × that month's 30-year mortgage rate, 20% down, principal and interest. This is the line households feel: prices and rates compound each other.

$1,000 $2,000 $3,000 $4,000 2002 2006 2010 2014 2018 2022 2026 Long Valley $3,807 New Jersey $3,019 United States $1,922
$1,000 $2,000 $3,000 $4,000 2002 2010 2018 2026
  • Long Valley$3,807
  • New Jersey$3,019
  • United States$1,922

At the last five years' pace, a typical home here doubles in price every 13 years.

Typical home values in Long Valley, NJ rose 3.0% over the past year — faster than the nation's +1.2%.

Living in Long Valley, Morris County, New Jersey

Long Valley, in Morris County, had 1,827 people in the 2020 census. Half its households earn more than $133,229 a year and half less, against $137,326 across Morris County; 2% of its people live below the poverty line. 92% of its homes are lived in by their owners and 8% are rented. Unemployment in Morris County was 3.9% in August 2026, and the county had 0.9% more jobs in 2025 than the year before. The most residents work in professional services, then schools and health care.

People 1,827 in the 2020 census
Household income $133,229 the median, give or take $24,903 · Morris County: $137,326
Unemployment 3.9% Morris County, August 2026; 4.9% a year before
Homes 92% lived in by their owners; 8% rented

Written by AI Claude Sonnet 5.5 wrote this on 23 October 2026 from the figures here, a list of nearby places and what it knows. It can be wrong or out of date.

What it’s like

The place. Long Valley is a small community in Morris County where nearly everyone owns the home they live in, a far higher rate than is typical. Incomes run a little below the county's, though they are still comfortable, and very few households live below the poverty line. Most adults hold a four-year degree, and winters are cold, with the coldest weather in January, while summers turn warm by July and the year brings a fair amount of rain and melted snow.

Work. Residents work mainly in professional and business services, in schools, hospitals and social care, in banks, insurance and property, and in manufacturing. A good number of people work from home. Across Morris County, some of the largest workplaces are Morristown Medical Center, Novartis Pharmaceutical US Headquarters and Skanska USA Building, and the county has been adding jobs, with unemployment lower than a year earlier.

Things to do. For time outdoors, Hacklebarney State Park and Black River County Park are both protected areas a short drive away. Willowwood Arboretum, a botanical garden, is also a short drive away and suits a quiet walk among the plantings. Lake Hopatcong, a large reservoir, is a longer drive for a day by the water.

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  • 60%of adults have a degree
  • 2%below the poverty line
  • 22%work from home

What residents work in

  • Professional and business services21%
  • Schools, hospitals and social care20%
  • Banks, insurance and property11%
  • Manufacturing11%
  • Restaurants, hotels and entertainment10%
  • Building trades10%

Employed residents by industry, from the Census survey. Morris County had 301,376 jobs in 2025, 0.9% more than the year before (Bureau of Labor Statistics).

Weather through the year

Average daily high and low for each month: coldest in January, 39° and 21°; warmest in July, 86° and 63° 20° 40° 60° 80° J 39° 21° F M A M J J 86° 63° A S O N D
Average daily high and low for each month: coldest in January, 39° and 21°; warmest in July, 86° and 63° 20° 40° 60° 80° J 39° 21° F M A M J J 86° 63° A S O N D

Coldest in January, with highs near 39° and lows near 21°; warmest in July, with highs near 86° and lows near 63°. About 45 inches of rain and melted snow a year.

Average daily high and low, 1991–2020, at the Somerville Somerset Airport weather station, 12 miles away (NOAA).

Largest workplaces in Morris County

  1. Skanska USA BuildingConstruction management, commercial and institutional building5,854
  2. Morristown Medical CenterGeneral hospital5,384FTE
  3. Novartis Pharmaceutical US HeadquartersPharmaceutical preparations manufacturing3,887
  4. Novartis Pharmaceutical Sales ForcePharmaceutical preparations manufacturing3,311
  5. Zelis HealthcareOffice automation computer systems integration design services2,482
  6. UPSCouriers and express delivery services1,591
  7. Greystone Park Psych. HospitalPsychiatric hospital1,480FTE
  8. St. Clares HospitalGeneral hospital1,458FTE

Staff on average in 2025, as each workplace reported it to OSHA with its injury records: 426 workplaces with 20 or more staff, 82,478 people in all across the county; Long Valley has none of its own. Hospitals come from their Medicare cost reports (CMS, 2023); FTE marks full-time equivalent staff. Not listed: many offices and banks, which need not report to OSHA; military bases, whose staff OPM withholds; and, in about half the states, city and county governments.

Natural hazards

  1. Winter weatherRelatively high
  2. DroughtRelatively moderate
  3. Strong windRelatively moderate
  4. Inland floodingRelatively moderate
  5. Cold wavesRelatively moderate
  6. LightningRelatively moderate

FEMA’s National Risk Index (December 2025) rates the risk each natural hazard poses to the people, buildings and farms in Long Valley’s census tracts, against the rest of the country; all of them together, relatively low. It is meant for planning, not a substitute for a local risk assessment or a flood map: FEMA’s index.

From the U.S. Census Bureau’s 2020 census and its American Community Survey (2020–2024 five-year estimates), and the Bureau of Labor Statistics. A survey, so each figure has a margin of error, and figures it is not sure of are left out. More on Morris County and the New York-Newark-Jersey City, NY-NJ-PA metro.

Long Valley home values

Zillow measures a city over its municipal boundary. Against the state and national figures, mid-tier homes, smoothed and seasonally adjusted.

$250,000 $500,000 $750,000 2018 2019 2020 2021 2022 2023 2024 2025 2026 Long Valley $749,581 New Jersey $571,341 United States $365,413
$250,000 $500,000 $750,000 2018 2022 2026
  • Long Valley$749,581
  • New Jersey$571,341
  • United States$365,413

Sellers are cutting prices on about 1 in 6 Long Valley listings — the market is roughly in balance.

When this market ran hot

Each cell is that month's year-on-year home-value growth. Read left to right, top row is the latest year — the 2021–22 band is the boom.

JFMAMJJASOND
2026
2025
2024
2023
2022
2021
2020
2019
2018
falling flat warming hot overheating runaway

Market heat, inside the city limits

Share of listings with a price cut

The early-warning dial: sellers cut when buyers stop reaching. Rising cuts cool a market months before prices notice.

5% 10% 15% 20% 25% 2026 Long Valley 17.53% United States 25.56%
5% 10% 15% 20% 25% 2026
  • Long Valley17.53%
  • United States25.56%

Homes for sale

Active for-sale inventory. More supply hands power to buyers.

25 50 75 100 125 2018 2019 2020 2021 2022 2023 2024 2025 2026 Long Valley 40
25 50 75 100 125 2018 2022 2026
  • Long Valley40

New listings per month

Sellers arriving at the market.

5 10 15 20 2026 Long Valley 18
5 10 15 20 2026
  • Long Valley18

Zip codes with a Long Valley address

A different geography, not a breakdown. The figure above covers the municipality; these zips cover everywhere the Post Office calls Long Valley — often including townships beyond the city limits. Both come straight from Zillow, and they are not expected to average out.

Zillow publishes no zip-level series with this city on the address.