A typical Gillette home is worth roughly $821,000
The median sale price was $881,000 in May 2026.
Only 2 sales in May 2026: in a market this size, monthly medians swing a lot, so the typical value is the steadier guide.
What kind of housing town is Gillette?
Read from the numbers below. The page puts what stands out first.
A typical home costs 7.5 years of income
More than across New Jersey (4.4 years). Try your own numbers below.
That’s $433K short of a typical Gillette home.
A two-bedroom rents for about $2,690 a month here, $2,690 less than owning.
An estimate, not a loan offer: payments of up to 28% of income, a 30-year fixed loan, Gillette’s typical property tax (1.57% of value a year, from the Census) and insurance of about 0.35%. Mortgage insurance, HOA fees and other debts aren’t included.
Home prices up 47% in 5 years
The federal house price index for the ZIP code around Gillette rose 47% over the past 5 years, slower than across New Jersey (63%). Last year prices rose 9.5%. Carrying the Census median home value forward with that index puts the typical Gillette home at roughly $821,000 today.
Carrying the Census median forward with the index puts a typical home at about $821K.
Federal Housing Finance Agency House Price Index (annual) for the ZIP codes around Gillette, weighted by land area. It tracks repeat sales of the same homes, so it shows how prices changed, not what homes cost.
94% of Gillette households own their home
Half of Gillette’s homes were built before 1962.
New Jersey: 64% own.
U.S. Census Bureau, American Community Survey 2020-2024.
A two-bedroom rents for about $2,690
Fair Market Rent a month, utilities included
U.S. Department of Housing and Urban Development, Fair Market Rents by ZIP code (Newark, 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.
Gillette vs. its neighbors
Gillette is the 3rd least expensive of 6 neighboring towns. Tap one to see its housing page.
Compare more
| Town | Typical value | 1-yr change | 2-bed rent | New homes 2025 | Median income |
|---|---|---|---|---|---|
| Gillette | $821K* | +9.5%† | $2,690 | — | $109,050 |
| Long Hill | $697K* | +10.4%† | $2,710 | 3 | $169,079 |
| Berkeley Heights | $964K | +7.6% | $2,930 | 71 | $204,658 |
| Warren | $1.14M | +5.5% | $2,850 | 85 | $204,063 |
| Stirling | $695K* | +12.8%† | $2,410 | — | $180,875 |
| Chatham | $1.38M | +10.8% | $3,190 | 51 | $198,913 |
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 Gillette buyers, sellers and renters are saying.
Your answer becomes a post in Town Square.
Home values: Zillow Home Value Index (ZHVI), Zillow Research. Sales, days on market and supply: Redfin Data Center, May 2026. Income, ownership, taxes and rent: U.S. Census Bureau, American Community Survey. Price trend: Federal Housing Finance Agency House Price Index. 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.