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Mount Olive

Mount Olive

Located in Morris County

$637,557 Average Value
$267 Average Price per Sq Ft
3 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.”

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.

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.

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.

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.

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.

Logan Soter-Reardon
Written By
Logan Soter-Reardon

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

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Schools

Source:
GreatSchools: The GreatSchools Rating helps parents compare schools within a state based on a variety of school quality indicators and provides a helpful picture of how effectively each school serves all of its students. Ratings are on a scale of 1 (below average) to 10 (above average) and can include test scores, college readiness, academic progress, advanced courses, equity, discipline and attendance data. We also advise parents to visit schools, consider other information on school performance and programs, and consider family needs as part of the school selection process. View GreatSchools Rating Methodology

Mount Olive Housing Trends

Housing Trends

Median List Price
$630,000
Median Sale Price
$625,000
Median Single Family Sale Price
$750,000
Median Townhouse Sale Price
$585,000
Median Change From 1st List Price
0%
Last 12 months Home Sales
18
Median Home Sale Price YoY Change
7%
Average Price Per Sq Ft
$267

Neighborhood Facts

Number of Homes in Neighborhood
220
Number of Homes for Sale
3
Median Year Built
2013
Months of Supply
2.00
Average Single Family Home Size Sq Ft
3,470
Significantly above the national average
1,924
Average Townhouse Size Sq Ft
2,245
Median Lot Size Sq Ft
16,335

Open Houses

  • Sunday, Aug 3
    12 - 3pm

    111 Sowers Dr, Hackettstown, NJ 07840

    $530,000

    • 3 Beds
    • 2.5 Baths
    • 1,711 Sq Ft
    • 111 Sowers Dr
    • New 5 days ago

    STAYCATION at YOUR OWN, Luxurious, Detached Home in the Desirable Woodfield Community in Mount Olive. Refreshing outdoor swimming pools, two tennis courts, basketball court, baseball field, clubhouse, playgrounds, and your two private cozy outdoor spaces to lounge and entertain all summer long. Pride in ownership is evident in this gorgeous contemporary design styled 3 Bedroom, 2.5 Bath townhome.

    SELINA WONG SERIOUS REALTY LLC

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  • Saturday, Aug 2
    1 - 4pm

    542 Drakestown Rd, Flanders, NJ 07836

    $649,000

    • 4 Beds
    • 2.5 Baths
    • 3,038 Sq Ft
    • 542 Drakestown Rd

    Spacious Bi-Level Home in Desirable Mt. Olive! Over 3,000 sq ft (as per NJ tax records) of beautifully designed living space set on more than 1 acre of private, wooded property! This 4-bedroom, 2.5-bath home offers exceptional space, comfort, and privacy. The main level boasts a stunning great room with herringbone hardwood floors, cathedral ceilings, skylights, a gas fireplace, and expansive

    LINDSAY LIJO WEICHERT REALTORS

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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
David Vanegas
Empire Real Estate
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