A typical Budd Lake home is worth about $544,000
Up 2.3% in a year, 6% below the New Jersey typical home.
Only 2 sales in May 2026: in a market this size, monthly medians swing a lot, so the typical value is the steadier guide.
Up 34.8% in five years
About the same pace as New Jersey (35.4%).
Show as a table
| January | Budd Lake | New Jersey |
|---|---|---|
| 2017 | $331,000 | $317,000 |
| 2018 | $344,000 | $330,000 |
| 2019 | $364,000 | $343,000 |
| 2020 | $375,000 | $358,000 |
| 2021 | $369,000 | $394,000 |
| 2022 | $414,000 | $441,000 |
| 2023 | $447,000 | $471,000 |
| 2024 | $488,000 | $511,000 |
| 2025 | $525,000 | $551,000 |
| 2026 | $534,000 | $568,000 |
| August 2026 | $544,000 | $580,000 |
A typical Budd Lake home worth $331K in September 2016 is worth about $544K today.
Zillow Home Value Index: the typical value of all homes (middle third), smoothed and seasonally adjusted, through August 2026.
A typical home costs 4.8 years of income
Less than across New Jersey (5.6 years). Try your own numbers below.
That’s $168K short of a typical Budd Lake home.
A two-bedroom rents for about $2,100 a month here, $1,740 less than owning.
An estimate, not a loan offer: payments of up to 28% of income, a 30-year fixed loan, Budd Lake’s typical property tax (2.19% of value a year, from the Census) and insurance of about 0.35%. Mortgage insurance, HOA fees and other debts aren’t included.
A two-bedroom rents for about $2,100
Renters already here pay a median of $1,402, so moving in tends to cost more than staying put.
Fair Market Rent a month, utilities included
U.S. Department of Housing and Urban Development, Fair Market Rents by ZIP code (Warren County, NJ HUD Metro FMR Area): the 40th-percentile rent plus utilities for a standard unit. Median rent and renters: U.S. Census Bureau, American Community Survey.
75% of Budd Lake households own their home
Half of Budd Lake’s homes were built before 1975.
New Jersey: 64% own.
U.S. Census Bureau, American Community Survey 2020-2024.
Budd Lake vs. its neighbors
The towns that share a border with Budd Lake. Tap one to see its housing page.
Compare more
| Town | Typical value | 1-yr change | 2-bed rent | Median income |
|---|---|---|---|---|
| Budd Lake | $544K | +2.3% | $2,100 | $114,154 |
| Flanders | $662K | +1.4% | $2,600 | $147,367 |
Typical value: Zillow Home Value Index; * Census median home value where Zillow has none. † FHFA price index change where Zillow has none. Rent: HUD Fair Market Rent. New homes: Census building permits.
Neighbors talk housing
What Budd Lake buyers, sellers and renters are saying.
Your answer becomes a post in Town Square.
Home values: Zillow Home Value Index (ZHVI), Zillow Research, August 2026. Sales, days on market and supply: Redfin Data Center, May 2026. Income, ownership, taxes and rent: U.S. Census Bureau, American Community Survey. Fair Market Rents: U.S. Department of Housing and Urban Development. Listings link to their publishers. The calculator is an estimate, not a loan offer.