Why Live in Mount Olive
Mount Olive, New Jersey, is a township in Northern New Jersey that circles Budd Lake and offers a blend of suburban and rural living. The area features a variety of housing options, including traditional subdivisions, larger rural properties, and condo communities like Woodfield and King’s Village. Homes range from colonials and split-levels built between 1950 and 2000 to early 1900s Cape Cods, with properties sitting on anywhere from 1 to 10 acres. The township is served by highly rated schools, including Benedict A. Cucinella School, Long Valley Middle, and West Morris Mendham High, an International Baccalaureate World School. Commuting is convenient with the Mount Olive train station providing daily service to Hoboken and connections to New York City via PATH subway. Additionally, U.S. Route 46 and Interstate 80 facilitate easy access to the city, while Rockaway Mall offers bus service to the Port Authority Bus Terminal.
Mount Olive boasts several parks and recreational areas, with Turkey Brook Park being the largest. This 267-acre park includes an 11,000-square-foot playground, a splashpad, numerous sports facilities, and two dog parks. It also features a network of hiking trails, including the 3.7-mile White Trail. Flanders Park offers additional recreational facilities, and the Flanders Valley Golf Course provides two public 18-hole courses. For more things to do, Allamuchy Mountain State Park offers extensive trails and fishing spots. Shopping and dining options are plentiful along U.S. Route 206, with ITC Crossing South and Sutton Plaza Shopping Center housing major retailers and local eateries. Annual events at Turkey Brook Park, such as the Mt. Olive Carnival, Fairy & Pirate Festival, and Mistletoe Market, provide community entertainment throughout the year.
Home Trends in Mount Olive, NJ
On average, homes in Mount Olive, NJ sell after 16 days on the market compared to the national average of 69 days. The median sale price for homes in Mount Olive, NJ over the last 12 months is $625,000, up 7% from the median home sale price over the previous 12 months.
Median Sale Price
$625,000
Median Single Family Sale Price
$750,000
Median Townhouse Sale Price
$585,000
Average Price Per Sq Ft
$267
Number of Homes for Sale
3
Last 12 months Home Sales
18
Median List Price
$630,000
Median Change From 1st List Price
0%
Median Home Sale Price YoY Change
7%