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City · 10,957 residents · Morris County, New Jersey

Lincoln Park , New Jersey

In Lincoln Park, a typical home is worth $443,300 and typical rent is $1,857 a month. Compared with all of Morris County, the typical home value is 24% lower and typical household income is 10% lower.

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  • Typical home value

    $443,300

    24% below the county

    2% below New Jersey

    • Lincoln Park
    • Morris
    • New Jersey

  • Typical rent

    $1,857a month

    2% below the county

    8% above New Jersey

    • Lincoln Park
    • Morris
    • New Jersey

  • Typical household income

    $123,397a year

    10% below the county

    19% above New Jersey

    • Lincoln Park
    • Morris
    • New Jersey

  • Households that own their home

    79%

    5 points above the county

    15 points above New Jersey

    • Lincoln Park
    • Morris
    • New Jersey

Source: U.S. Census Bureau, Average 2020–2024

Market now, with Zillow data

Zillow data
Typical home value
$536,835
1.7% more than 12 months ago

From Zillow (ZHVI), September 2026. The Census figures above are 5-year averages (2020–2024).

Lincoln Park is in Morris County. The FHA loan limit ($1,249,125 for a one-unit home), the fair market rents and the help on this page are those of all of Morris County. See the county

Data updated: October 1, 2026 11 official sources

Only here

What sets Lincoln Park apart

What this place has that others do not, from public data, most unusual first.

  1. Lincoln Park has the 10th smallest share of rent-burdened renters of the 249 cities in New Jersey with more than 5,000 people (32%).

  2. The typical home in Lincoln Park is worth $443,300, 24% less than in Morris County as a whole ($582,500).

Sources: U.S. Census Bureau (Average 2020–2024).

The homes here

Housing in Lincoln Park

What homes there are in Lincoln Park, what they cost, how that changed and how people live, from Census figures (2020–2024).

What homes there are

U.S. Census Bureau, ACS 5-year, 2020–2024

Kind of home

Detached houses are the majority in Lincoln Park (53%), but less so than in Morris County (65%).

Year built

Homes in Lincoln Park are newer: the typical year built is 1975; in Morris County, 1971.

All homes, occupied or empty. A figure the Census cannot measure precisely enough here is not shown.

Census tables: B25024, B25034, B25035, B25041

What it costs here

U.S. Census Bureau, ACS 5-year, 2020–2024

Value of owner-occupied homes
Monthly rent with utilities

With a mortgage

$2,922 a month

Morris County: $3,295 a month

Without a mortgage

$1,236 a month

Morris County: $1,385 a month

Owners with a mortgage

65%

Morris County: 65%

The typical cost for an owner with a mortgage in Lincoln Park is $2,922 a month, less than in Morris County ($3,295); without one, $1,236.

Value: what owners think their home is worth. Rent: rent plus utilities, for homes of every size. The FHA limit is the most an FHA loan (Federal Housing Administration) lends for a one-unit home; the fair market rent (FMR) is the one HUD uses for housing vouchers.

Census tables: B25075, B25063, B25088, B25081

How it changed

U.S. Census Bureau, ACS 5-year, 2015–2019 and 2020–2024

Change since 2015–2019

From 2015–2019 to 2020–2024, the typical home value in Lincoln Park rose 34%; in Morris County, it rose 28%.

Since 2015–2019, the typical rent in Lincoln Park rose 13%, less than in Morris County (24%).

While home values in Lincoln Park changed +34% and rent +13%, the typical household income rose 27%.

Change between two 5-year periods that do not overlap, in each period's dollars, not adjusted for inflation.

Census tables: B25077, B25064, B19013

How people live

U.S. Census Bureau, ACS 5-year, 2020–2024

MeasureLincoln ParkMorris CountyNew JerseyUnited States
Rental vacancy Unreliable estimate3.3%3.5%5.5%
Homeowner vacancy Unreliable estimate0.5%0.7%0.9%
More than one person per room Unreliable estimate1.7%4.0%3.4%
People per household 2.592.622.622.53
Drive alone 74%66%62%69%
Carpool Unreliable estimate6%8%9%
Public transit 4%3%8%3%
Walk or bike Unreliable estimate2%3%3%
Work from home 12%22%17%15%
Other means Unreliable estimate1%2%2%
Typical commute Unreliable estimate20 to 29 minutes20 to 29 minutes20 to 29 minutes

By size, households in Lincoln Park look like those in Morris County: 2.59 people on average.

To get to work, 74% of workers in Lincoln Park drive alone; in Morris County, 66%.

Vacancy: empty homes offered for rent or for sale. Rooms: every room in the home, not only bedrooms. Commute: the minute range of the typical worker.

Census tables: B25004, B25003, B25014, B25010, B08301, B08303

Do the math

What would you pay each month for a home in Lincoln Park?

A typical home costs more than the typical income allows

We start with a typical home in Lincoln Park, worth $443,300, an FHA loan with 3.5% down and the latest average rate (7.18%). That payment would take 40% of the typical household income in Lincoln Park, which is $123,397 a year. For that payment to be 28% of income, a household would need to earn about $177,680 a year.

The calculator's FHA and conventional loan limits are those of all of Morris County.

Your numbers

Local data
$

Starts at the typical home value in Lincoln Park. Change it to the price you have in mind.

Loan type
Your credit score

Your score changes which loans apply and FHA's minimum down payment. Your real rate also depends on your credit.

Down payment
%

That is $15,516 (3.5% of the price). The usual minimum for this loan is 3.5%.

This week's average ± a quarter or half point.

Term

National average as of November 5, 2026 (Freddie Mac); your rate may be different.

Adjust advanced details

Estimated monthly payment

Local data

$4,146

at 7.18% · 30 years

Loan amount
$435,270
Total interest
$626,252
Paid off in
November 2056

Includes $7,486 FHA upfront mortgage insurance premium.

Does it fit the income?

  • Comfortable

    up to $2,879 a month

  • Tight

    $2,879 to $3,702 a month

  • Hard

    more than $3,702 a month

    Your payment · 40%

Compared with the typical household income in Lincoln Park ($123,397 a year). Reference: HUD calls paying more than 30% of income for housing a cost burden.

Show the result as
per month$4,146
Principal & interest$2,949
Property tax$816
Home insurance$185
FHA mortgage insurance (MIP)$196

You need at least $15,516 for the down payment, plus closing costs.

Next step

This is an estimate to give you an idea, not a loan offer. Your real payment depends on your rate, your credit, and the insurance and taxes on the home you buy.

The city and its county

Lincoln Park and Morris County

Lincoln Park is in Morris County, New Jersey. The U.S. Census Bureau publishes its own numbers for the city: home values, rent, household income, how many households own their home and the property tax. They are American Community Survey estimates (average 2020–2024).

Lincoln Park's own numbers

Typical home value
$443,300
Typical monthly rent
$1,857
Typical yearly household income
$123,397
Households that own their home
79%
Effective property tax rate
2.21%

U.S. Census Bureau, American Community Survey (average 2020–2024).

Numbers for all of Morris County

FHA limit, one-unit home
$1,249,125
Conventional limit, one unit
$1,209,750
HUD fair market rent, 2 bedrooms
$2,233
Price change over 5 years (FHFA)
+53%

HUD, FHFA and FEMA don't publish these numbers by city.

Other numbers are not published by city, only for the whole county: FHA and conventional loan limits, HUD’s fair market rents, FHFA’s price index and FEMA’s flood data. On this page, those numbers always say they are for all of Morris County.

Everything about Morris County

Buying

Buying a home in Lincoln Park

A typical home in Lincoln Park is worth $443,300: 24% below the county and 2% below New Jersey. With the typical household income in Lincoln Park ($123,397 a year), a typical home costs 3.6 times what the household earns in a year.

Years of income to pay for a typical home

The typical home value divided by the typical household income for one year. The lower it is, the less buying weighs.

  • Lincoln Park 3.6 years
  • Morris 4.2 years
  • New Jersey 4.4 years
  • United States 4.1 years
Source: U.S. Census Bureau, Average 2020–2024

How prices have changed in Morris County

According to FHFA’s house price index, home prices in Morris County rose 68% in the 10 years through 2025.

FHFA does not publish this index by city: these are the numbers for all of Morris County.

Period County New Jersey U.S.
Last year (2025) +5.9% +6.2% +2.9%
5 years (2020–2025) +53% +63% +47%
10 years (2015–2025) +68% +88% +85%

The index follows the price of the same homes over time (sales and appraisals with Fannie Mae and Freddie Mac loans). It is not the average price of a home. FHFA considers its annual county indexes experimental. Source: FHFA, 2025 data

Lincoln Park next to Morris County, New Jersey and the U.S.

Three numbers side by side. “Typical” means the median: half are above it and half below.

Typical home value
  • Lincoln Park $443,300
  • Morris $582,500
  • New Jersey $454,400
  • United States $332,700
Typical monthly rent
  • Lincoln Park $1,857
  • Morris $1,904
  • New Jersey $1,720
  • United States $1,413
Typical yearly household income
  • Lincoln Park $123,397
  • Morris $137,326
  • New Jersey $103,556
  • United States $80,734
See the full table
Lincoln Park next to Morris County and New Jersey
Measure Lincoln Park Morris County New Jersey U.S.
Typical home value $443,300 $582,500 $454,400 $332,700
Typical monthly rent $1,857 $1,904 $1,720 $1,413
Typical yearly household income $123,397 $137,326 $103,556 $80,734
Households that own their home 79% 74% 64% 65%
Typical yearly property tax $9,795 $10,001 $9,590 $3,119
Effective property tax rate 2.21% 1.72% 2.11% 0.94%
Renters with high rent for their income 32% 45% 52% 51%

“Typical” means the median: half are above and half are below. ▲ and ▼ say whether the city is above or below Morris County. “High rent” is the Census measure: renter households that pay 30% or more of their income in rent.

Four ways to pay for a typical home in Lincoln Park

For a typical $443,300 home in Lincoln Park, at Freddie Mac's average rate (7.18% as of November 5, 2026) over 30 years. The monthly payment adds principal and interest, Lincoln Park's typical property tax, an example home insurance and mortgage insurance when it applies.

  • FHA, 3.5% down $4,146a month

    Least cash to close
    Down payment
    $15,516
    Cash to close
    $28,815
    Rate
    7.18%
    Mortgage insurance
    FHA MIP · $196

  • Conventional, 5% down $4,065a month

    Down payment
    $22,165
    Cash to close
    $35,464
    Rate
    7.18%
    Mortgage insurance
    PMI · $211

  • Conventional, 20% down, no PMI $3,404a month

    Down payment
    $88,660
    Cash to close
    $101,959
    Rate
    7.18%
    Mortgage insurance
    None

  • ITIN, 15% down (example) $3,813a month

    Down payment
    $66,495
    Cash to close
    $79,794
    Rate
    8.18%
    Mortgage insurance
    None

The option that asks for the least cash to close is FHA, 3.5% down.

  • Cash to close = down payment plus 3% of the price in closing costs (example).
  • Minimum score: FHA requires 580 or higher for the minimum down payment (HUD Handbook 4000.1). * Fannie Mae requires 620 when a loan is underwritten by hand; its automated system has no fixed minimum.
  • The ITIN row is an example with a rate 1 percentage point higher: ITIN loans follow no federal rule and each lender sets its own down payment and rate. Nothing in this table promises an approval.

How much house can I afford? Estimate closing costs

Taxes and floods

Two costs that change from place to place

Property tax and flood insurance raise or lower what you pay each month. Here are the numbers for Lincoln Park and for Morris County.

Property tax

Effective rate in Lincoln Park

2.21%of the home’s value each year

$9,795 a year for the typical owner in Lincoln Park.

  • Lincoln Park 2.21%
  • Morris 1.72%
  • New Jersey 2.11%

What New Jersey publishes ANCHOR, Senior Freeze and Stay NJ: one combined application (New Jersey Division of Taxation)

Exemptions and deadlines in New Jersey

Flood risk in Morris County

FEMA does not publish these numbers by city: they are for all of Morris County.

FEMA’s maps count no homes in the high-risk zone in Morris County. That does not mean it cannot flood: check your address.

Most homeowners insurance policies do not cover flood damage.

Look up your address on FEMA’s map

Renting

Renting in Lincoln Park

Typical rent in Lincoln Park is $1,857 a month: 2% below the county. In Lincoln Park, 32% of renter households pay 30% or more of their income in rent.

HUD publishes a fair market rent for all of Morris County, by unit size. To pay the 2-bedroom one ($2,233 a month) without spending more than 30% of your income, you would need to earn $42.94 an hour working full time.

HUD fair market rent for all of Morris County

What you need to earn to pay it without spending more than 30% of income, working full time.

Size Fair rent a month Hourly wage Yearly income
Studio $1,637 $31.48 $65,480
1 bedroom $1,850 $35.58 $74,000
2 bedrooms $2,233 $42.94 $89,320
3 bedrooms $2,785 $53.56 $111,400
4 bedrooms $3,188 $61.31 $127,520

Includes basic utilities. It isn't the lowest or highest rent: it's a reference point. Source: HUD, Fiscal year 2027

By ZIP code

Fair market rent by ZIP code in Lincoln Park

HUD also publishes a fair market rent for each ZIP code (Small Area FMR, fiscal year 2027). Lincoln Park is in ZIP code 07035.

For 2 bedrooms it is $2,400: $167 more than the fair market rent for Morris County ($2,233).

  • 07035 $2,400$2,990

A ZIP code counts for Lincoln Park when at least 50% of its land is inside the city or it covers at least 15% of the city (Census 2020 boundaries). Source: Small Area Fair Market Rents (HUD) Fiscal year 2027 Small Area Fair Market Rents (HUD) Source: Census Bureau ZCTA-to-place relationship file Data from 2020 data Census Bureau ZCTA-to-place relationship file

Is your rent high for your ZIP?

Free help

Help to buy or rent in Lincoln Park

You do not have to do this alone. A HUD-approved housing counseling agency helps for free or at low cost: getting ready to buy, understanding your credit, or solving a problem with your rent.

There is 1 HUD-approved agency with an office in Morris County; none says it serves in Spanish.

A man listens closely, seated at a meeting table.

HUD counseling is free or low-cost

Assistance programs in Lincoln Park

No down payment, repair or rent-help program on our list is for Lincoln Park or Morris County. The ones below are statewide in New Jersey: they work in Lincoln Park the same as in the rest of the state.

Which programs do I qualify for? All programs in New Jersey

Housing counselors near Lincoln Park

The HUD-approved agencies closest to the center of Lincoln Park, in a straight line, nearest first. If one says it serves in Spanish, its card says so.

  • Credit.org - New Jersey Branch

    101 Eisenhower Pkwy, Roseland · 7 miles away · Spanish

    Also serves in other languages.

    • Mortgage delinquency and default
    • Budget and credit workshops
    • and 4 more
    (800) 431-8157

  • Housing Authority of the City of Paterson

    60 Van Houten St, Paterson · 7 miles away

    • Budget and financial counseling
    • Pre-purchase counseling
    • and 1 more
    (973) 345-5085

  • Paterson Task Force for Community Action, Inc

    191 Market St, Paterson · 7 miles away

    • Mortgage delinquency and default
    • Budget and financial counseling
    • and 6 more
    973-279-2333-135

Every agency in Morris County All counseling agencies in New Jersey

Help in Spanish near Lincoln Park

1 of the 3 agencies on this list says it serves in Spanish.

Ask for service in Spanish

When you call, say “Spanish, please” or ask if someone speaks Spanish. If not, ask whether they offer an interpreter.

Housing authorities of Lincoln Park

HUD’s record names them for Lincoln Park or Morris County. They run public housing or Section 8 vouchers. Ask whether their waiting list is open.

  • Morris County Housing Authority Public housing and Section 8 vouchers (973) 540-0389

4 other authorities have an office in Morris County: see the list Source: HUD

Cities

Other cities in Morris County

These cities are also in Morris County. They share its loan limits and fair market rents, but home values and rent change from one to the next.

Everything about Morris County Housing in New Jersey
See 14 more cities in Morris County, with prices and rents

Every city has its own page with prices, rents and help.

Nearby cities

The cities closest to Lincoln Park, with the typical home value.

Neighboring counties

If Morris County is out of reach, look next door. Each number is that county's own.

Keep going

Guides for your next step

Short explanations, in plain language and with official sources, for buying or renting in Lincoln Park.

All guides
Three women of one family talk as they cook vegetables in the kitchen.

Questions

Housing questions about Lincoln Park

Short answers with the numbers for Lincoln Park and all of Morris County. If your case is different, a HUD-approved counseling agency can guide you for free or at low cost.

How much does a typical home cost in Lincoln Park?

The typical home value in Lincoln Park is $443,300, according to the U.S. Census Bureau (average 2020–2024). For comparison, in Morris County it is $582,500.

How much does it cost to rent in Lincoln Park?

Typical rent in Lincoln Park is $1,857 a month, according to the U.S. Census Bureau. HUD’s fair market rent for 2 bedrooms in Morris County is $2,233.

What is the FHA loan limit in Lincoln Park?

Lincoln Park uses the FHA limit for all of Morris County (2026): $1,249,125 for a one-unit home and $2,402,625 for a four-unit home.

How much property tax do owners pay in Lincoln Park?

The typical homeowner in Lincoln Park pays $9,795 a year, according to the U.S. Census Bureau. That is 2.21% of the home’s value; in Morris County, the rate is 1.72%.

Where can I find free help to buy or rent in Lincoln Park?

There is 1 HUD-approved counseling agency with an office in Morris County. They can help you get ready to buy, with your credit, or with rent.

Sources: American Community Survey (ACS) 5-year estimates (Average 2020–2024); FHA mortgage limits (HUD) (2026 data); Conforming loan limits (FHFA) (2026 data); Fair Market Rents (HUD) (Fiscal year 2027); Small Area Fair Market Rents (HUD) (Fiscal year 2027); Census Bureau ZCTA-to-place relationship file (2020 data); HUD-approved housing counseling agencies (Retrieved November 6, 2026); Public Housing Agencies (HUD) (Retrieved November 6, 2026); Freddie Mac Primary Mortgage Market Survey (PMMS) (As of November 5, 2026); FHFA House Price Index (HPI) (2025 data); Homes with flood insurance (NFIP, FEMA) (As of August 3, 2026).