Rental market snapshot for Wharton, New Jersey

Wharton, New Jersey Rental Property Market Overview

Wharton, New Jersey is a small town located in Morris County with a population of 7,239 as of 2021, according to the US Census. It is a quiet and peaceful town with a variety of amenities and attractions, including parks, restaurants, and shops. The town is also home to a few historical sites, such as the Wharton Iron Works, which was built in the late 19th century. Wharton is a great place to live, work, and raise a family.

The average rent for an apartment in Wharton is $2,481. The cost of rent varies depending on several factors, including location, size, and quality.

The average rent has decreased by -0.60% over the past year.

Last Updated January 31, 2023

Average monthly rent graph in Wharton New Jersey | Cost of Living

  • The most expensive ZIP Code in Wharton is 07885 with an average price of $2,795
  • The cheapest ZIP Code in Wharton is 07885 with an average price of $2,325

Wharton ZIP Codes with the highest, most expensive rent

#zip codeaverage rent
107885$2,795

Live near Wharton, New Jersey's Top Sights and Attractions

Robert Street Park is a beautiful outdoor space located in Wharton, New Jersey. It features a large playground with swings, slides, and other fun activities for children. There is also a basketball court, a baseball field, and a walking path that winds through the park. The park also has plenty of picnic tables and benches for visitors to relax and enjoy the scenery. The park is surrounded by lush trees and shrubs, providing a peaceful and tranquil atmosphere.

Langdon Avenue Park is a beautiful outdoor destination located in Wharton, New Jersey. It features a large playground with swings, slides, and a sandbox, as well as a basketball court, a baseball diamond, and a walking path. The park also has a picnic area with tables and grills, perfect for family gatherings or a summer cookout. The park is surrounded by lush trees and shrubs, providing a peaceful and tranquil atmosphere.

Waterworks Park is a scenic outdoor destination located in the heart of New Jersey. It features a large lake, a playground, and plenty of picnic areas. Visitors can enjoy a variety of activities such as fishing, boating, and hiking. The park also has a variety of wildlife, including ducks, geese, and other birds. There are also plenty of benches and tables for visitors to relax and take in the views.

Wilfred Hocking Park is a scenic outdoor destination located in the heart of New Jersey. It features a variety of recreational activities, including hiking, biking, fishing, and picnicking. The park is home to a large lake, which is surrounded by lush greenery and a variety of wildlife. There are also several playgrounds, a disc golf course, and a picnic pavilion. Visitors can also take advantage of the park's many trails, which offer stunning views of the surrounding area.

Mt Hope County Park is a scenic outdoor destination located in the rolling hills of northern New Jersey. The park features a variety of activities for visitors to enjoy, including hiking, biking, fishing, and picnicking. The park is home to a variety of wildlife, including deer, foxes, and a variety of birds. The park also features a playground, a disc golf course, and a nature center. Visitors can also enjoy the scenic views of the surrounding countryside from the park's observation tower.

Columbia Street Park is a beautiful outdoor space located in Wharton, New Jersey. It features a large playground with swings, slides, and other fun activities for children. There is also a basketball court, a baseball field, and a walking path. The park is surrounded by lush trees and greenery, making it a great place to relax and enjoy nature. The park also has a picnic area, perfect for family gatherings and barbecues.

Concialdi Park is a beautiful outdoor space located in Wharton, New Jersey. It features a large open field perfect for picnics, sports, and other outdoor activities. There is also a playground for children, a walking path, and a pond with a fountain. The park is surrounded by lush trees and shrubs, providing a tranquil atmosphere. Visitors can also enjoy the view of the nearby mountains. Concialdi Park is a great place to spend a day outdoors, with plenty of activities to keep everyone entertained.

Schiffner Park is a beautiful outdoor recreational area located in Wharton, New Jersey. It features a large lake, walking trails, picnic areas, and a playground. The lake is stocked with fish, making it a great spot for fishing. There are also plenty of benches and tables for visitors to relax and enjoy the scenery. The park also has a pavilion, which can be rented for special events. The park is open year-round and is a great place to spend a day outdoors.

Get updates straight to your inbox

Whenever this data is updated, you'll be the first to know. Don't miss out on crucial market insights.

Sign up

Wharton, New Jersey area median rent change by ZIP Code map

Get updates straight to your inbox

Whenever this data is updated, you'll be the first to know. Don't miss out on crucial market insights.

Sign up

How does Wharton compare to other cities in New Jersey ?

citymedian price
Burlington$2,195
Chatham$2,895
North Bergen$2,200
Trenton$1,630
Ewing$2,620
Eatontown$1,950
Lakehurst$2,034
Beverly$2,495
Roxbury Township$1,695
River Edge$1,680

Average household income in Wharton area graph - US Census

Get updates straight to your inbox

Whenever this data is updated, you'll be the first to know. Don't miss out on crucial market insights.

Sign up

The median household income in Wharton in 2021 was $82,482. This represents a 6.2% change from 2011 when the median was $77,663.

#categorypercent
0Less than $10,0005.5%
1$10,000 to $14,9990.7%
2$15,000 to $19,9990.0%
3$20,000 to $24,9997.8%
4$25,000 to $29,9991.8%
5$30,000 to $34,9992.6%
6$35,000 to $39,9994.5%
7$40,000 to $44,9992.4%
8$45,000 to $49,9990.0%
9$50,000 to $59,99912.8%
10$60,000 to $74,9997.8%
11$75,000 to $99,99919.0%
12$100,000 to $124,9997.7%
13$125,000 to $149,9994.6%
14$150,000 to $199,99915.3%
15$200,000 or more7.6%

Frequently asked questions

Our data is best categorized as "alternative data", which is a burgeoning sector. Through partnerships and direct feeds, we extract key factual elements that are publicly available within rental listings on internet listing sites and property websites. Once aggregated, we mine through the data to parse out relevant insights and calculate important metrics, benchmarks, and other KPIs. Each week, our system sifts through millions of listing observations and other pockets of market information to deliver the most comprehensive picture of rental housing available.

This is a metric that we try not to overthink. Simply, we take each unique listing observation within a geographic boundary and calculate a simple average. Of course, we're careful to filter for duplicates and other listings that aren't reflective of the market.

Yes, but please attribute us accordingly.

Yes. We can deliver bulk raw data in various formats. Please contact us to discuss - [email protected]

While some of our data is refreshed daily and other data comes in weekly, the bulk of it comes in on a biweekly basis.

Our coverage is nationwide! In our platform, we have data points for every ZIP code and neighborhood boundary in the country.

Every rental housing unit is differentiated by attributes such as its location, square footage, and amenity composition. Thanks to machine learning and natural language processing technologies we deploy, we're able to deconstruct our rental listing data points and identify key amenities for each listing. With this information, we're able to give signals around how certain amenities drive rental pricing value in certain areas.

Well, we think so! At the highest level, our process is simple. Listings data is ingested, cleaned (de-duplicated. etc.), analyzed for insights, and then presented to our users.
Made withDataherald