Rockaway, New Jersey.
, asking rent $3,325 . New York-Newark-Jersey City, NY-NJ-PA metro.
to buy the typical home at today's mortgage rate — +$1,729 (+134%) since Jan 2020.
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.
- New Jersey$3,019
- United States$1,922
Living in Rockaway, Morris County, New Jersey
Rockaway is a borough of 6,598 people in Morris County. Half its households earn more than $107,053 a year and half less, against $137,326 across Morris County; 6% of its people live below the poverty line. 60% of its homes are lived in by their owners and 40% 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 schools and health care, then professional services.
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 It can be wrong or out of date.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. Rockaway is a small borough in Morris County, with a population on the older side and a good many long-settled households. Most homes are lived in by their owners, though renters are not hard to find, and rents run high. Household incomes sit below the county's, and a modest share of residents live below the poverty line. Fewer adults hold a four-year degree than not, though many do. Winters are cold, with January the coldest month, summers are warm, and the year brings a fair amount of rain and melted snow.
Work. Residents work mostly in schools, hospitals and social care, followed by professional and business services, shops, and transport, warehouses and utilities. Within the borough, the largest workplaces include the Rockaway Borough School District, Service Metal Fabricating and Rockaway Recycling. Across Morris County, unemployment is lower than a year ago and the number of jobs has edged up. The typical commute is a moderate one, and a good number of people work from home.
Things to do. The best-known places nearby are all a longer drive away. The Statue of Liberty is a tourist attraction that draws visitors from everywhere, and Central Park is a large garden in the middle of Manhattan. The Museum of Modern Art is one of the city's major museums, and it makes a natural stop on the same trip.
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- 2,711households
- 38%of adults have a degree
- 6%below the poverty line
- 24 mintypical commute
- 18%work from home
What residents work in
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
Coldest in January, with highs near 38° and lows near 21°; warmest in July, with highs near 85° and lows near 64°. About 49 inches of rain and melted snow a year.
Average daily high and low, 1991–2020, at the Boonton Southeast weather station, 6 miles away (NOAA).
Largest workplaces in Rockaway
- Rockaway Borough School DistrictSchool district121FTE
- Service Metal FabricatingWarehouse construction87
- Rockaway RecyclingMetal scrap and waste merchant wholesalers24
- Dyer InsulationsBuilding insulation contractors21
- Interstate Waste ServicesWaste management20
Staff on average in 2025, as each workplace reported it to OSHA with its injury records: 4 workplaces with 20 or more staff, 152 people in all. School districts come from the Common Core of Data (NCES, 2023–24); 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
- Inland floodingRelatively high
- Winter weatherRelatively high
- Strong windRelatively high
- Cold wavesRelatively high
- LightningRelatively moderate
- Heat wavesRelatively moderate
FEMA’s National Risk Index (December 2025) rates the risk each natural hazard poses to the people, buildings and farms in Rockaway’s census tracts, against the rest of the country; all of them together, relatively moderate. 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.
Rockaway home values
Zillow measures a city over its municipal boundary. Against the state and national figures, mid-tier homes, smoothed and seasonally adjusted.
Not enough data to draw this yet.
Levy by levy, and a check of one home’s own bill, the site covers Ohio’s property tax.
Sellers are cutting prices on about 1 in 6 Rockaway listings, and the typical home goes pending in 20 days — the market is cooling.
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.
- Rockaway17.71%
- United States26.90%
Days to pending
How long the typical listing takes to go under contract.
- Rockaway20
- United States27
Homes for sale
Active for-sale inventory. More supply hands power to buyers.
- Rockaway85
New listings per month
Sellers arriving at the market.
- Rockaway33
Sale-to-list ratio
Above 100%, homes sell over asking; below, buyers negotiate wins.
- Rockaway103.82%
Zip codes with a Rockaway address
A different geography, not a breakdown. The figure above covers the municipality; these zips cover everywhere the Post Office calls Rockaway — often including townships beyond the city limits. Both come straight from Zillow, and they are not expected to average out.