HomeNew JerseyMorris CountyNew Vernon
New Vernon, New Jersey: commercial real estate data.
New Vernon is a Census CDP of 743 people across 3.55 square miles of land, in Morris County. 67.9 percent of occupied homes are owned, and the SBA record carries 2 7(a) approvals to borrowers here worth $375,000 since FY2020.
Underlined figures are computed by MMCG Analytics, not published by the agency.
New Vernon
What New Vernon is
- Census place typeCDP
- Land area3.55 sq mi
- Water area0.01 sq mi
- Population per square mile of land209 plus or minus 91
- County holding the largest share of its areaMorris County, 100.0 percent
US Census Bureau, cartographic boundary file, places, 2024 vintage. US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
New Vernon
How many people live in New Vernon
- Population743 plus or minus 324
- Median age50.2 plus or minus 16.6
- Population under 18201 plus or minus 139
- Share under 1827.1 percent plus or minus 14.4
- Population 65 and over106 plus or minus 51
- Share 65 and over14.3 percent plus or minus 2.9
- Households265 plus or minus 92
- Family households251 plus or minus 88
- Share of households that are families94.7 percent
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
New Vernon
Income and work in New Vernon
- Per capita income$133,193 plus or minus $83,015
- Civilian labor force275 plus or minus 123
- Employed275 plus or minus 123
- Unemployed0
- Unemployment rate0.0 percent
- Adults 25 and over484 plus or minus 140
- Adults 25 and over with a high school diploma or higher100.0 percent
- Adults 25 and over with a bachelor degree or higher82.4 percent
- Adults 25 and over with a graduate degree39.3 percent plus or minus 14.0
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
New Vernon
Housing in New Vernon
- Housing units265 plus or minus 92
- Occupied units265 plus or minus 92
- Vacant units0
- Vacancy rate0.0 percent
- Owner occupied180 plus or minus 69
- Renter occupied85 plus or minus 81
- Ownership rate67.9 percent
- Median owner-occupied home value$1,566,200
- Median gross rent, monthly$3,207 plus or minus $1,447
- Single family units265 plus or minus 93
- Share single family100.0 percent
- Units in buildings of two or more0
- Share in buildings of two or more0.0 percent
- Mobile homes0
- Median year structure built1946
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
New Vernon
How New Vernon gets to work
- Workers 16 and over who commute226 plus or minus 105
- Commuting under 15 minutes25 plus or minus 31
- Share commuting under 15 minutes11.1 percent plus or minus 12.9
- Commuting 30 minutes or more113 plus or minus 58
- Share commuting 30 minutes or more50.0 percent plus or minus 11.4
- Drove alone66.2 percent plus or minus 42.8
- Carpooled0.0 percent
- Public transport19.8 percent plus or minus 15.4
- Walked0.0 percent
- Worked from home14.1 percent plus or minus 11.6
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
New Vernon
SBA loans in New Vernon (7(a))
- Approvals2
- Gross approval$375,000
- Average approval$187,500
- Median approval$187,500
- Largest approval$350,000
- Jobs supported14
- Jobs per approval7.0
- Loans with a final outcome0
- Paid in full0
- Charged off0
- Median term120 months
- Share on real estate terms of 20 years or more0.0 percent
- Share to franchises0.0 percent
- Distinct lenders2
- Distinct industries by NAICS2
Counted by borrower city: approvals to borrowers whose address is in New Vernon, in any county, FY2020 to FY2026. Only 0 loans have reached a final outcome, fewer than the 30 a charge-off rate needs, so no rate is published.
US Small Business Administration, 7(a) FOIA release, FY2020 to FY2026 year to date, as of 2026-06-30.
Morris County, not New Vernon
Morris County context, not New Vernon figures
- Establishments in Morris County16,518
- Covered employment, Morris County298,824
- Average annual pay, Morris County$101,208
- Housing units permitted, Morris County2,055
Every figure in this section is published for Morris County as a whole and is not a measurement of New Vernon.
US Census Bureau, County Business Patterns, 2023. US Bureau of Labor Statistics, Quarterly Census of Employment and Wages, 2024 annual averages. US Census Bureau, Building Permits Survey, 2024 annual.
Coverage
What this page does not hold.
Parcel detail, zoning and the flood zone at an address are not on this page; they resolve at the address in the platform. How this page was built →
Common questions
New Vernon questions, answered from the record.
How many people live in New Vernon, New Jersey?
743, in 265 households. New Vernon CDP covers 3.55 square miles of land, which is 209 people per square mile. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
What county is New Vernon in?
Morris County, which holds 100.0 percent of the place by area. Source: US Census Bureau, cartographic boundary file, places, 2024 vintage.
How much SBA lending goes to New Vernon businesses?
2 7(a) approvals totaling $375,000 since FY2020, across 2 lenders, median approval $187,500. These count approvals to borrowers whose address is in New Vernon, not projects sited inside the place boundary, and they are approvals recorded in the release rather than loans disbursed.
Do SBA loans to New Vernon borrowers get paid back?
No rate is published for New Vernon. Only 0 loans have reached a final outcome, fewer than the 30 a charge-off rate needs, so no rate is published. The counts are shown instead.
Are the county figures on this page New Vernon figures?
No, and they are labeled so. County Business Patterns, QCEW, the Building Permits Survey, BEA product and IRS migration are published for Morris County as a whole and there is no place level equivalent. They appear in one clearly marked section as context and are never presented as measurements of New Vernon.
Is zoning published for New Vernon?
No. Nothing on this page presents parcel level zoning.