City profile
Budd Lake, NJ
Morris County · Population 10,650
Budd Lake is a town in Morris County, NJ with about 10,650 residents and a typical home value near $456,000. It is 27 miles from Montclair, NJ, which shapes its climate, healthcare access and amenities.
Climate
Climate type
Four seasons
Winter avg
32°F
Summer avg
77°F
Sunny days / yr
205
Home prices & cost of living
Median home price
$456,100
Typical monthly housing
$3,325
Cost of living (100 = U.S.)
122
Taxes
- Property tax
- 2.23%
- State income tax (top)
- 10.75%
- Social Security
- Not taxed
- Pensions
- Partly exempt
- Sales tax (state + avg. local)
- 6.60%
FEMA natural hazard risk
Relatively Moderate · county score 93/100
Top hazards: Strong wind, Winter weather, Riverine flooding
Nearest major airport
32 mi to Newark Liberty International Airport (EWR)
Political lean (2024 county vote)
Competitive / purple · 48% Democratic / 50% Republican
Community
Population
10,650
Black population
9.2%
County
Morris County
Detailed crime figures are available for our 201 hand-researched cities.
2025–2026 trends
2026 market trends
- ▸More retirees are leaving NJ than arriving, mostly over cost
- ▸Home prices are still rising in 2026 — good for long-term value, less room to negotiate
- ▸Climate/cost risks to check: coastal flooding, very high property taxes
Highlights
- About 10,650 residents
- Typical home value about $456,000
- 27 miles from Montclair, NJ
Trade-offs
- Smaller community with fewer local amenities
- Scores for this place are estimated from Census data and the nearest major city
Figures are estimates from public sources (see How we match). Verify before making decisions.