Why Live in Peapack and Gladstone
Peapack and Gladstone, located 48 miles west of New York City and 43 miles west of Newark, is a spacious neighborhood known for its safety, community spirit, and excellent schools. The area features a mix of stately mansions, historic homes, colonial and Georgian-style houses, and ranch-style homes, all set along tree-lined streets with well-landscaped lawns. The neighborhood is part of the Somerset Hills Regional School District, with highly rated schools such as Bedwell Elementary, Bernardsville Middle School, and Bernards High School. Private education options include Far Hills Country Day School and The Willow School. Residents enjoy local attractions like Liberty Park, which hosts community events such as Art in the Park, Concerts in the Park, and movie nights. Dining options include the upscale Ninety Acres, the historic Gladstone Tavern, and Cafe Azzuro. For groceries, residents head to Kings Food Market in nearby Bedminster. The area is home to the United States Equestrian Team training site and offers recreational activities at Natirar Park, which features scenic trails and a future resort and spa. Commuters have access to the NJ Transit Rail system via Peapack Station, and Newark Liberty International Airport is 33 miles away. The neighborhood boasts a low crime risk compared to the national average, though it has a low Walk Score, making car travel essential.
Home Trends in Peapack and Gladstone, NJ
On average, homes in Peapack and Gladstone, NJ sell after 35 days on the market compared to the national average of 70 days. The median sale price for homes in Peapack and Gladstone, NJ over the last 12 months is $489,990, up 109% from the median home sale price over the previous 12 months.
Median Sale Price
$489,990
Median Single Family Sale Price
$489,990
Average Price Per Sq Ft
$184
Number of Homes for Sale
0
Last 12 months Home Sales
12
Median List Price
$529,990
Median Change From 1st List Price
8%
Median Home Sale Price YoY Change
109%