The median home in Short Hills, New Jersey is valued at $2,258,188, up 6.5% year over year. Typical monthly rent is $5,618, producing a price-to-rent ratio of 33.5x — well above the national average of 18x. Short Hills is part of the New York-Newark-Jersey City, NY-NJ-PA metropolitan area, which CrashWatch tracks daily with real-time stress scores and crash risk analysis.
See the full metro analysis: New York-Newark-Jersey City, NY-NJ-PA stress score, crash risk, and 12-month forecast →
Home Value$2,258,188
+6.5%
Rent$5,618/mo
AFFORDABILITYRenting $10,565/mo cheaper ($5,618 rent)6.50% 30yr, 20% down, county tax + NJ ins. 28% per HUD.
Enter your income for Short Hills.
$451,638 on $2,258,188
Out of reach — 258.9% of income
Need $693,557/yr to afford.
PITI$16,183
P/I258.9%
Afford$244K
Gap-$2014K
P&I $11,419Tax $4,648Ins $117
Home Buying Kit For Dummies (2025)Financing, negotiation, closing
Other cities in New Jersey
Compare Short Hills with other housing markets across New Jersey.
Full New York-Newark-Jersey City, NY-NJ-PA analysis
Stress scores, crash risk, early warning signals, and 12-month price forecasts for the New York-Newark-Jersey City, NY-NJ-PA metro.
View New York-Newark-Jersey City, NY-NJ-PA metro →