Median home value in zip code 07078 (Short Hills, NJ) is $2,262,820, up 7.0% year over year. Part of the New York-Newark-Jersey City, NY-NJ-PA metropolitan area.

Home Value$2,262,820

YoY Change

+7.0%

Prices rising — worse for buyers.

Affordability

Enter your income for 07078 (Short Hills).

Income (annual)

Down Payment

$452,564 on $2,262,820

Example: $75,000 household income. Change it above to see your own.

Out of reach211.5% of income

Need $566,486/yr to afford.

PITI$13,218

P/I211.5%

Afford$300K

Gap-$1.96M

P&I $11,442Tax $1,659Ins $117

6.50% 30yr, 20% down, county tax + NJ ins. 28% per HUD.

Home Buying Kit For Dummies (2025)Financing, negotiation, closing

Metro Analysis

07078 is part of the New York-Newark-Jersey City, NY-NJ-PA metropolitan area. See full stress scores, crash risk, early warning signals, and 12-month price forecast for the metro.

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