New Jersey / Somerset County

Moving to Peapack, NJ

Thinking of making a move to Peapack, NJ? Get helpful local information about living costs, neighborhoods, schools, weather, housing, DMV details, and practical relocation details before you plan your move.

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Everything You Should Know Before Moving to Peapack, NJ

Considering a move to Peapack, NJ? This welcoming community of 2,483 residents offers a blend of suburban charm and convenience, with median home prices around $765,000 and average rents near $2,350. Commute times average 37 minutes and public transport is accessible, making it great for professionals. The area boasts low violent crime, strong schools, and plenty of sunny days (54% annually), ideal for families and commuters alike. Explore Peapack's cost of living, education, and friendly neighborhoods to see if it's the right fit for your next move.

Demographics - Peapack, NJ

Peapack has a population of 2,483 residents, offering a diverse community with a median age of nearly 46 and a balanced gender ratio. The area features a strong blend of backgrounds, with about 89% White, 2% Black, and 6% Asian residents, and over 8% speaking a language other than English at home. Its high population density contributes to a lively suburban atmosphere.

Population
2,483
Density
370 per sq mi
Median Age
46.2
Gender Ratio
95 males per 100 females
Non-English Speakers Percentage
8.4%

Ethnic Composition

White
89.1%
Black
2.1%
Asian
6.2%
Others
2.6%

Cost Of Living

What is the average cost of living in Peapack, NJ?

The cost of living in Peapack is higher than the national average, with a cost of living index of 146.0. Median home values are around $765,000 and average rents for a two-bedroom apartment are approximately $2,350. Utilities, groceries, and transportation costs are also elevated, reflecting the area's desirable location and amenities.

Median House Value
$765,000
Gross Rent
$2,350
Monthly Electricity Charges
$140
Auto Insurance
$1,900
House Owner Cost With Mortgage
$3,050
House Owner Cost Without Mortgage
$1,100
State Taxes
Low: 1.4%| High: 10.75%
Cost Of Living Index
146.0
Grocery
124.0
Housing
172.5
Utilities
113.0
Transportation
125.0
Health Care
115.0
Miscellaneous
111.0

Crime

Is Peapack, NJ a safe place to live?

Peapack is considered a safe community, with a low violent crime rate of 55 incidents per 100,000 residents and a property crime chance of 1 in 650. Most residents enjoy peace of mind, making it an attractive choice for families. The crime index remains below many urban areas in New Jersey.

Violent Crimes Per 100k
55
Property Crimes Per 100k
380
Crime Index
435
Chance Of Violent Crime
1 in 1,800
Chance Of Property Crime
1 in 650

Weather

What is the weather like in Peapack, NJ year-round?

Peapack experiences four distinct seasons, with warm summers reaching highs of 84°F and cold winters dipping to 22°F. The area receives about 48 inches of rainfall annually and enjoys sunshine on 54% of days. This climate offers residents a balanced mix of outdoor opportunities year-round.

Winter

Min
22°F
Max
38°F

Summer

Min
63°F
Max
84°F

Spring

Min
44°F
Max
65°F

Fall

Min
46°F
Max
68°F
Average Rainfall Inches
48.2 inches
Sunny Days Percentage
54%

Neighbors

The neighborhood boasts a healthy median household income of $152,800 and a low poverty rate of 3.2%. Over 97% of residents have at least a high school diploma, and nearly 68% hold a bachelor's degree or higher. Commute times average 37 minutes, and almost 8% use public transportation, reflecting the area's accessibility and educated population.

Median Income
$62,000
Household Income
$152,800
Family Income
$172,000
Per Capita Income
$82,300
Income Male
$105,000
Income Female
$92,000
Poverty Rate
3.2%
Non English Speakers
8.4%
Rent
$2,350
Unemployment Rate
3.7%
Public Transport Usage
8.2%
Commute Time
37.2 minutes

Education

High School or Higher
97.1%
Bachelors or More
67.5%

Education

How are the schools in Peapack, NJ?

Peapack offers quality education options, with public schools like Bedwell Elementary School and Bernards High School known for favorable student-to-teacher ratios. Families also have access to private schools and several nearby colleges, including Raritan Valley Community College and Drew University. The community is committed to educational excellence for all age groups.

Public Schools

Name
Bedwell Elementary School
Street
141 Seney Dr
Phone
908-234-0768
Students
530
Student Teacher Ratio
10.5
Name
Bernards High School
Street
25 Olcott Ave
Phone
908-204-1930
Students
835
Student Teacher Ratio
11.0

Private Schools

Name
Gill St. Bernard’s School
Street
St. Bernard's Rd
Phone
908-234-1611
Students
750

Colleges

Name
Raritan Valley Community College
City
Branchburg
State
NJ
Distance
12 miles
Students
7,500
Name
Drew University
City
Madison
State
NJ
Distance
18 miles
Students
2,200

Healthcare

Peapack residents have access to quality healthcare, with major hospitals like Morristown Medical Center and Robert Wood Johnson University Hospital Somerset nearby. The community benefits from a high physician-to-resident ratio of 3.1 per 1,000 people and 96.2% health insurance coverage. Local healthcare services are reliable and comprehensive.

Major Hospitals

Name
Morristown Medical Center
Address
100 Madison Ave, Morristown, NJ 07960
Phone
(973) 971-5000
Type
General & Surgical
Emergency Services
Yes
Name
Robert Wood Johnson University Hospital Somerset
Address
110 Rehill Ave, Somerville, NJ 08876
Phone
(908) 685-2200
Type
General & Surgical
Emergency Services
Yes

Healthcare Access

Physicians Per 1000
3.1
Health Insurance Coverage
96.2%
Health Care Index
78.2

Housing Market

What is the housing market like in Peapack, NJ?

The local housing market is strong, with a median home price of $765,000 and an owner-occupied rate of nearly 72%. The market has seen a 5.2% appreciation over the past year, and rental vacancy rates remain moderate at 4.1%. Peapack offers a mix of stability and opportunity for both buyers and renters.

Median Home Price
$765,000
Average Rent For 2 Bedroom
$2,350
Owner Occupied Rate
71.7%
Rental Vacancy Rate
4.1%
Home Appreciation Rate (1yr)
5.2%
New Construction Rate
1.2%
Foreclosure Rate
0.3%

DMV Information

Residents of Peapack handle vehicle services through the New Jersey Motor Vehicle Commission, conveniently located in Trenton. The state DMV provides driver licensing, vehicle registration, and other essential services both in person and online. Information and resources are easily accessible for new and existing residents.

State
New Jersey
Department
New Jersey Motor Vehicle Commission
Address
225 E. State Street, Trenton, NJ 08666
Phone
1-609-292-6500

Disclaimer: The information provided on this page is based on publicly available sources including AccuWeather, U.S. Census Bureau, local government data, and third-party partners such as Neustar. While we strive to ensure accuracy, all data is provided “as is” and should be independently verified before making any decisions. Movers.com makes no guarantees regarding the completeness or reliability of the information.

FAQs About Moving to Peapack, NJ

Answers use the same city data shown on this page, including costs, housing, schools, safety, weather, healthcare, and DMV details.

Before moving to Peapack, review the core fields on this page: population 2,483, median home value $765,000, average rent for 2 bedroom $2,350, commute time 37.2 minutes, and sunny days percentage 54%.

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