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Mount Olive

Mount Olive

Located in Morris County

$648,525 Average Value
$277 Average Price per Sq Ft
8 Homes For Sale

Suburban and rural living in Mount Olive

Circling Budd Lake, Mount Olive is a Northern New Jersey township with a range of housing options, a highly rated school district and one of the county’s largest municipal parks. Formed in 1871 from parts of neighboring Roxbury Township, the community is named after Benjamin Olive, a Colonial-era lieutenant governor who donated land for several of the area’s churches. With its location bordering other suburban and rural Morris County towns, Mount Olive offers something for everyone. “The town is really split into two sections,” explains Kevin Saum, a sales associate with eXp Realty, and a longtime Morris County resident who’s been selling homes and making local guides on his YouTube channel “Living in New Jersey” for over four years. “Flanders has more of a rural feel, while homes in the Budd Lake area are tighter together.”

Aerial view of homes along Budd Lake.
Aerial view of homes along Budd Lake.
Budd Lake is a sprawling lake community in Mount Olive Township.
Budd Lake is a sprawling lake community in Mount Olive Township.
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Traditional homes and larger rural properties

Homebuyers can find a mix of housing options, from traditional subdivisions to larger homes with more land. Most homes, including colonials and split-levels, were built between 1950 and 2000, though there are some Cape Cods from the early 1900s. Many houses have driveways and some green space, while rural properties along the town’s outskirts can sit on anywhere from 1 to 10 acres. Homes typically sell for $300,000 to $700,000, and larger houses with more land usually go for $800,000 to $1.3 million. There are also several condo communities, like Woodfield and King’s Village, with properties that range from $400,000 to $650,000.

Budd Lake has a bevy of quiet, suburban streets where kids can play.
Budd Lake has a bevy of quiet, suburban streets where kids can play.
Lakefront housing is prime real estate in Budd Lake, NJ.
Lakefront housing is prime real estate in Budd Lake, NJ.
Luxurious lakefront colonials are common on Sand Shore Rd in Budd Lake.
Luxurious lakefront colonials are common on Sand Shore Rd in Budd Lake.
Homey cottage in the community of Budd Lake.
Homey cottage in the community of Budd Lake.
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Students can attend well-rated public schools

Students may start at Benedict A. Cucinella School, which gets a B-plus from Niche, before going to Long Valley Middle, which receives an A-minus. West Morris Mendham High earns an A-plus and is an International Baccalaureate World School.

Aerial view of the campus of Mount Olive High School in Budd Lake.
Aerial view of the campus of Mount Olive High School in Budd Lake.
Aerial view of the Mount Olive Marauders football field in Turkey Brook Park in Budd Lake.
Aerial view of the Mount Olive Marauders football field in Turkey Brook Park in Budd Lake.
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Commuting via train, I-80

The Mount Olive train station offers daily service to and from Hoboken station, which provides PATH subway service into New York City. Commuters can take U.S. Route 46 just 3 miles north to connect to Interstate 80, which runs 50 miles east to New York City. And 11 miles east, Rockaway Mall offers a daily bus service to the Port Authority Bus Terminal in the city, with just one transfer at the Willowbrook Mall. The bus route takes around 90 minutes. The Hackettstown Medical Center is located 7 miles west. The closest airport, Newark Liberty International, is 45 miles east.

Town parks, hiking trails and public golfing

The 267-acre Turkey Brook Park serves as the town’s biggest outdoor attraction, featuring an 11,000-square-foot playground, a splashpad, over a dozen sports facilities and two fenced dog parks. Local high school and youth football games are held on the park’s turf field. “They have one of the coolest football fields in the area,” says Saum. “It’s a full-on stadium with a digital scoreboard and video screen.” The park also provides access to a network of over 10 miles of hiking trails, including the 3.7-mile White Trail that loops through Turkey Brook. Flanders Park is in the south end with a baseball diamond, soccer field, basketball courts and a playground. Flanders Valley Golf Course offers two public, 18-hole courses, two practice areas and an on-site pro shop. And just north of town, Allamuchy Mountain State Park boasts more than 14 miles of marked trails and 20 miles of unmarked trails, as well as several fishing lakes and ponds.

The fishing pond at Turkey Brook Park in Mount Olive is catch and release.
The fishing pond at Turkey Brook Park in Mount Olive is catch and release.
There are plenty of extracurricular sports and activities for the youth of Budd Lake.
There are plenty of extracurricular sports and activities for the youth of Budd Lake.
Parents come to sit and watch their kids play sports at Turkey Brook Park in Mount Olive.
Parents come to sit and watch their kids play sports at Turkey Brook Park in Mount Olive.
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Shopping and dining along U.S. Route 206

In the northeast end of town, ITC Crossing South provides access to Walmart, PetSmart and Lowe’s Home Improvement. Farther south along U.S. Route 206, Sutton Plaza Shopping Center has ShopRite and Weis Markets. The shopping center also offers popular locally owned restaurants like Efsane Mediterranean Cuisine with authentic Turkish dishes. Dining options in the north end of town include Enzo's Ristorante & Pizzeria for Italian classics and Budd Lake Diner, which has been serving breakfast and lunch options since 1986.

Enzo's Ristorante & Pizzeria is the place to grab a slice or have a family dinner in Budd Lake.
Enzo's Ristorante & Pizzeria is the place to grab a slice or have a family dinner in Budd Lake.
The Budd Lake Diner has been a local institution for decades.
The Budd Lake Diner has been a local institution for decades.
The Lakeside Tavern has been part of Budd Lake for years, but it has recently renovated.
The Lakeside Tavern has been part of Budd Lake for years, but it has recently renovated.
Budd Lake locals will tell you that Enzo's is the place to go for pizza or Italian.
Budd Lake locals will tell you that Enzo's is the place to go for pizza or Italian.
For breakfast or lunch, Mount Olive Bagels is a great choice near Budd Lake.
For breakfast or lunch, Mount Olive Bagels is a great choice near Budd Lake.
For delicious ice cream, including vegan options, Budd Lake residents head to Das Creamery.
For delicious ice cream, including vegan options, Budd Lake residents head to Das Creamery.
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Annual events at Turkey Brook Park

Turkey Brook Park hosts several events throughout the year, including the Mt. Olive Carnival in July with amusement rides, food vendors, live music and fireworks. The Fairy & Pirate Festival in May sees the community get dressed in costume for live performances, pony rides and inflatables. In June, the town’s block party offers food trucks, big screen gaming and monster truck rides. And to celebrate the holidays, Mistletoe Market in December features local craft vendors, carolers, hot chocolate and pictures with Santa.

The large playground at Turkey Brook Park in Budd Lake.
The large playground at Turkey Brook Park in Budd Lake.
Celebrate summer with thrilling rides at Mount Olive Carnival at Turkey Brook Park, NJ.
Celebrate summer with thrilling rides at Mount Olive Carnival at Turkey Brook Park, NJ.
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Logan Soter-Reardon
Written By
Logan Soter-Reardon
John Gallino
Photography Contributed By
John Gallino
Emily McNamara
Video By
Emily McNamara

Interested in learning more about homes in this area? Reach out to Nicole Fletcher, an experienced agent in this area.

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Parks in this Area

Mount Olive Housing Trends

Housing Trends

Median List Price
$630,000
Median Sale Price
$590,000
Median Single Family Sale Price
$714,990
Median Townhouse Sale Price
$577,500
Median Change From 1st List Price
0%
Last 12 months Home Sales
17
Median Home Sale Price YoY Change
-2%
Average Price Per Sq Ft
$277

Area Facts

Number of Homes
225
Number of Homes for Sale
8
Median Year Built
2014
Months of Supply
5.60
Average Single Family Home Size Sq Ft
3,485
Significantly above the national average
1,929
Average Townhouse Size Sq Ft
2,245
Median Lot Size Sq Ft
16,335

Open Houses

  • Saturday, Nov 1
    Open Sat 1PM - 3PM

    94 Stedwick Dr, Budd Lake, NJ 07828

    $355,000

    • 2 Beds
    • 1.5 Baths
    • 1,360 Sq Ft
    • 94 Stedwick Dr
    • New 1 day ago

    Welcome to this Beautifully updated 2-Bedroom End Unit Townhome offering space, style, and comfort throughout. This Home is perfectly positioned with the woods to one side, providing extra privacy and a peaceful setting. Each Bedroom is generously sized with double closets, while the upper hall features a large walk-in closet with custom built-ins offering outstanding storage. The home includes

    Tamblyn Abrusci RE/MAX HERITAGE PROPERTIES

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  • Saturday, Nov 1
    Open Sat 2PM - 4PM

    30 Tudor Place, Mount Olive, NJ 07828

    $335,000

    • 2 Beds
    • 1.5 Baths
    • 30 Tudor Place
    • New 1 day ago

    Desirable end-unit townhome in a prime Mount Olive location. Features plenty of storage throughout and a finished basement offering flexible space for a home office, gym, playroom, or media area. Step out to your private deck, ideal for relaxing or entertaining. Enjoy low-maintenance living with lawn care, snow removal, trash, roof, siding, and exterior upkeep all included. Located in a highly

    KEVIN SAUM EXP REALTY, LLC

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  • Sunday, Nov 2
    Open Sun 1PM - 3PM

    4 Spring St, Budd Lake, NJ 07828

    $279,900

    • 2 Beds
    • 1 Bath
    • 4 Spring St
    • New 3 days ago

    Why rent when you can make this your dream home? With some updating, and your very own style, you can build INSTANT EQUITY today! Cozy Ranch nestled on a level lot with an oversized detached garage and shed with city sewer. You will fall in love as you enter the updated enclosed front porch with lots of natural lighting. Oversized eat-in kitchen leads to living room and 2 bedrooms. Conveniently

    PATRICIA CARUSO RE/MAX HERITAGE PROPERTIES

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Homes for Sale

Homes for Rent

Distribution of Home Values

Source: Public Records

Average Home Value





Source: Public Records

Property Mix - Square Feet

Mount Olive Has More Owners

Demographics

Total Population
18,824
Median Age
42
Population under 18
22.6%
On par with the national average
23.8%
Population over 65
17.4%
On par with the national average
19.1%

Finances

Median Household Income
$113,764
Significantly above the national average
$71,702
Average Household Income
$144,373

Education and Workforce

High School Graduates
93.6%
College Graduates
43.8%
Above the national average
34.1%
Advanced Degrees
16.9%
% Population in Labor Force
75.3%
Above the national average
65.1%

Weather

Annual Precipitation
48''
Average Winter Low Temperature
18°F
Average Summer High Temperature
83°F
Annual Snowfall
32''

Area Factors

Somewhat Bikeable

Bike Score®®

46 / 100

Somewhat Walkable

Walk Score®®

52 / 100
Source: Walk Score
Source: Walk Score

Walk Score® measures the walkability of any address. Transit Score® measures access to public transit. Bike Score® measures the bikeability of any address. CAP Index provides objective, accurate, and consistent data to help measure, compare, and mitigate crime risks.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. Our sources include: Accuweather, Public Records and Neustar. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
Mount Olive