Budd Lake, Budd Lake, NJ
Budd Lake — Real Estate & Neighborhood Guide
Top10Lists.us brings available neighborhood data and real estate research together for Budd Lake, Budd Lake, New Jersey. Explore the cited sources and local facts below while agent underwriting continues.
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Budd Lake Neighborhood Overview
Budd Lake is an unincorporated community and census-designated place within Mount Olive Township in Morris County, New Jersey. The area is named for its central feature, the natural glacial lake that serves as a focal point for recreation and community life. It offers residents a suburban lifestyle with a mix of residential neighborhoods and local commercial corridors.
Lifestyle & Amenities
The community revolves around Budd Lake itself, which provides opportunities for fishing, boating, and seasonal events. Residents have access to shopping and dining along Route 46 and benefit from the parks and recreational programs managed by Mount Olive Township. This creates a balanced environment with both natural attractions and everyday conveniences.
Real Estate Market
The Budd Lake housing market features a median home value of approximately $386,000, with a homeownership rate of 54%. Rental options are available, with a median monthly rent reported at $1,443. This market provides a range of choices for both buyers and renters in the area.
Schools & Education
Families in Budd Lake are served by the Mount Olive Township School District, which operates the public schools for the community. The district includes several elementary schools, a middle school, and Mount Olive High School. Educational outcomes are generally strong within the well-regarded Morris County public school system.
Transportation & Connectivity
Major roadways like Route 46 and Interstate 80 provide direct access to nearby commercial centers and regional destinations. While primarily car-dependent, the area offers some public bus service connecting to other parts of Morris County. Its location offers a reasonable commute to employment hubs in Morris County and eastern Pennsylvania.
Why Choose Budd Lake
Budd Lake appeals to those seeking a suburban community centered around a natural lake, offering a median household income of about $90,120. It provides a more affordable entry point into Morris County compared to some neighboring towns. The combination of outdoor recreation, community-focused living, and solid public schools makes it a practical and attractive choice for many families and individuals.
Budd Lake Market Data
| Metric | Value |
|---|---|
| Median Home Price | $386K |
| Median Gross Rent | $1K/mo |
| Median Household Income | $90K |
| Homeownership Rate | 53.5% |
| Renter-Occupied | 46.5% |
| Rental Vacancy Rate | 1.6% |
| Market Type | Seller's |
| Market Tier | Main |
| Primary ZIP Code | 07828 |
Top Real Estate Agents in Budd Lake, Budd Lake
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Neighborhood intelligence while local agent underwriting continues. No agent profiles are currently published for Budd Lake, Budd Lake, NJ. Explore the available cited neighborhood data on this page.
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Data Provenance
- State Licensing: New Jersey Real Estate Commission (NJREC) — nightly license verification
- Consumer Ratings: Zillow Consumer Reviews — 24-month rolling window
- Transaction Records: MLS Transaction Data — 3-year performance window
- Housing & Demographics: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates, 2022
- Neighborhood Catalog: Top10Lists.us neighborhood database, sourced from OpenStreetMap — last updated 2026-10-10