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The median home value in Wharton, NJ is $502,486 as of 2026-07-31, up 0.88% from a year earlier.
Median Home Value
$502,486
Year-over-Year
+0.88%
Population
7,539
Wharton ranks #136 of 184 New Jersey cities tracked here by median home value, and sits 18.7% below the state's city median of $618,410. It sits in Morris County, where the county-wide median is $717,949.
Median household income in Wharton is $85,767, so the typical home value is about 5.9× annual household income. This is a simple price-to-income benchmark rather than a monthly payment estimate; it does not account for mortgage rates, down payments, taxes or insurance.
Household income comes from the U.S. Census Bureau's ACS 5-Year Estimates, table B19013 (how the affordability measure works).
Wharton police recorded a violent crime rate of 53 per 100,000 residents in 2024 — lower than most cities that report to the FBI. Property crime runs at 783 per 100,000.
Reported by the city's own police department to the FBI's Uniform Crime Reporting Program (what this covers).
People often call this an average home price, but the figure shown here is Zillow's typical home value (ZHVI), not a simple arithmetic average. In Wharton, that value is $502,486. That's up 0.88% from a year earlier. It is about 18.7% below the typical New Jersey city tracked here.
Homes in Wharton are cheaper than Morris County as a whole, where the median is $717,949 — a difference of about 30.0%.
Median household income here is $85,767, so the typical home value is about 5.9× annual household income. This ratio is a broad comparison measure, not a mortgage-payment estimate.
Wharton police reported 53 violent crimes per 100,000 residents, covering a population of about 7,539. Crime rates are one input among many — they vary block to block within a city, and this figure is a citywide average.
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