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Mountain Lakes, NJ Condo for Rent

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    $3,900 Per Month

    • 2 Beds
    • 2.5 Baths
    • Condo for Rent

    7 Newcastle Ct, Mountain Lakes, NJ 07046

    This bright, open 2-bedroom, 2 1/2 bath townhome in Pine Edge offers all the benefits of the Mountain Lakes lifestyle without the maintenance or taxes! You'll appreciate the gleaming hardwood floors throughout, neutral paint palette, and high ceilings. The main floor features an inviting open floor plan. The spacious living room offers sliders to a sunny balcony at one end, and a two-sided

    ANDREW SYLVESTER COLDWELL BANKER REALTY

    7 Newcastle Ct, Mountain Lakes, NJ 07046

Frequently Asked Questions

How much does it cost to rent a condo in Mountain Lakes, NJ?
The median rent for a condo in Mountain Lakes, NJ is $7,990 per month, though prices vary by neighborhood, size, and property type. As of June 2026, single-family homes tend to be the most affordable option.
How much do you need to make to afford rent in Mountain Lakes, NJ?
To comfortably afford the median rent in Mountain Lakes, NJ, a household needs to earn roughly $319,600 per year. This is based on the common guideline that households should spend no more than 30% of gross income on housing. Most landlords require monthly household income of at least 3x the monthly rent, and with a median rent of $7,990 per month in Mountain Lakes, NJ, renters typically need to show $23,970 per month in gross income to qualify. Actual affordability will vary depending on household debts, other living expenses, and overall budget.
Is it more affordable to rent or buy in Mountain Lakes, NJ?
In Mountain Lakes, NJ, the price-to-rent ratio is 12.5, which generally favors renting. This ratio divides the median home price by the annual median rent: below 15 typically favors buying, 15 to 20 is balanced, and above 20 typically favors renting. Your finances, how long you plan to stay, and costs like mortgage rates, taxes, and maintenance all factor into the decision.
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