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Peapack-Gladstone Borough, NJ | Real Estate and Homes for Sale

Gladstone Branch western terminus — historic 1890 NRHP station, US Equestrian Team HQ, Hamilton Farm Golf, Natirar estate. Median HH income $202K. Median sale ~$1.1M.

Peapack-Gladstone Borough, NJ Real Estate — Homes for Sale at the Gladstone Branch Terminus

If you're searching for homes for sale in Peapack-Gladstone Borough, NJ, you're looking at one of New Jersey's most affluent small boroughs — anchored by the historic 1890 Gladstone Station (the western terminus of NJ Transit's Gladstone Branch), the Hamilton Farm Golf Club, the United States Equestrian Team headquarters, the Natirar estate, and Gill St. Bernard's School. With 2,558 residents (2020), estimated at 2,538 in 2023 and 2,584 in 2026, Peapack-Gladstone ranks 18th of 21 in Somerset County by population and 466th of 565 in NJ.

The borough spans 5.80 square miles (5.73 land + 0.069 water) — 11th-largest by area in Somerset, 262nd of 565 statewide. Density of just 446.2 per square mile (19th of 21 in Somerset) reflects the borough's deliberately rural character — rolling hills, working farms, equestrian properties, residential development, and a compact village center along Main Street. The North Branch of the Raritan River forms the borough's east and southeast boundary. Elevation is 243 feet at Peapack; the Gladstone unincorporated community sits at 262 feet.

Peapack-Gladstone was incorporated as a borough on April 23, 1912 — formed from portions of Bedminster Township following an Act of the New Jersey Legislature passed on March 28, 1912 (subject to a referendum held April 23, 1912). The borough was created when the adjacent villages of Peapack and Gladstone decided their needs had diverged from Bedminster Township's. The borough is officially written "Peapack-Gladstone" with a hyphen, though "Peapack and Gladstone" is the formal legal style. The historic Moses Craig Lime Kilns — listed on the National Register of Historic Places — anchor the borough's industrial-heritage past.

Government operates under the Borough form with a Borough Council legislative body. Mayor Mark A. Corigliano (R) currently serves a term ending December 31, 2026; Borough Administrator and Municipal Clerk Nancy Bretzger (combined role). Borough offices are at the Municipal Complex and Public Library in Peapack.

Education in Peapack-Gladstone operates through the Somerset Hills Regional School District at 25 Olcott Avenue in Bernardsville — the same district that serves Bernardsville and Far Hills across all grades, plus Bedminster Township for grades 9-12. 3 schools, 1,761 students at 11.6:1, DFG I, under Superintendent Brian Brotschul. Bernards High School (Mountaineers) — established 1907 — serves 751 students at 10.9:1 under Principal Scott Neigel. The borough is also home to Gill St. Bernard's School, a private K-12 day school based in Gladstone offering an additional educational option for borough residents.

Peapack-Gladstone real estate commands among the highest pricing in Somerset County — median household income of $202,578 (one of the highest medians in the county), median sale around $1,100,000, with substantial variation by section and product type. The borough's anchors include the Hamilton Farm Golf Club, the United States Equestrian Team headquarters in Gladstone, the Natirar estate (247-acre county park within the borough, extending into Far Hills and Bedminster), and NJ Transit Gladstone Branch service at both the Peapack Station and the historic Gladstone Station (the branch's western terminus). ZIPs 07934 (Gladstone) and 07977 (Peapack). Area code 908.

2,558
Population (2020)
$203K
Median HH Income
1890
Gladstone Station Opened
1912
Borough Incorporation
01
WHY BUYERS CHOOSE PEAPACK-GLADSTONE

Gladstone Branch Terminus, US Equestrian Team, and $202K Median HH Income

Peapack-Gladstone's appeal rests on an exceptional combination of strengths that few other Somerset municipalities — and few small NJ boroughs — can match. First is NJ Transit rail access: the historic 1890 Gladstone Station is the western terminus of NJ Transit's Gladstone Branch (part of the broader Morris & Essex Line). The Peapack Station also operates on the same branch. Gladstone Station — listed on both the U.S. National Register of Historic Places and the New Jersey Register of Historic Places — is a Queen Anne-style 1891 wood structure that has been in continuous service since electrification in 1931. Second is institutional anchors: the United States Equestrian Team headquarters is located in Gladstone, the Hamilton Farm Golf Club is a national-profile private club, and Gill St. Bernard's School provides a private K-12 alternative within the borough. Third is exceptional affluence: median household income of $202,578 is among Somerset's highest, with a poverty rate of just 1.12% and a stable demographic. Fourth is the Natirar estate: 247 acres of preserved open space within the borough (part of a larger county park that extends into Far Hills and Bedminster) anchor the borough's deliberate conservation character.

For buyers, this combination produces a market where median sale pricing around $1.1M reflects the borough's small footprint (5.73 sq mi land), low density (446.2 per sq mi), and tightly-held inventory. Annual transaction volume is genuinely small — fewer than two dozen meaningful single-family sales in a typical year. The Somerset Hills Regional School District access (Bernards HS Mountaineers, est. 1907) ties Peapack-Gladstone to the broader Northern Somerset cluster.

Gladstone Branch Terminus + Historic 1890 Station

The historic 1890 Gladstone Station — Queen Anne-style wood structure, listed on the U.S. National Register and NJ Register of Historic Places — is the western terminus of NJ Transit's Gladstone Branch (Morris & Essex Line). Direct weekday service to Newark and Hoboken with onward connections to NYC. The Peapack Station also operates on the same branch.

US Equestrian Team + Hamilton Farm Golf

The United States Equestrian Team headquarters is located in the Gladstone section of the borough. Hamilton Farm Golf Club is a national-profile private golf club. Combined with the Far Hills Race Meeting steeplechase nearby, the borough anchors much of the broader Somerset Hills equestrian-and-golf cultural identity.

Natirar Estate + Gill St. Bernard's School

The historic Natirar estate (247 acres within Peapack-Gladstone, total park extends into Far Hills and Bedminster) is a county-owned park — the largest preserved land in the borough. Gill St. Bernard's School is a private K-12 day school in Gladstone, providing an additional educational option for borough residents.

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PRICE TIERS

Peapack-Gladstone Borough Real Estate by Price Tier

Peapack-Gladstone's 5.73-square-mile land footprint produces a stratified inventory mix concentrated in the upper-tier estate, equestrian, and luxury segments. The borough's village center along Main Street preserves a small handful of historic Foursquare and Colonial Revival residences within walking distance of the Peapack and Gladstone train stations. The surrounding residential streets preserve 1900s-1970s single-family residences on traditional lot sizes. The outer hill country and equestrian corridor preserves substantial multi-acre estates, working farms, restored historic farmhouses, and 2000s-2020s custom-build luxury inventory. Annual transaction volume is low — fewer than two dozen meaningful single-family transactions in a typical year — and pricing reflects both that scarcity and the borough's institutional anchors at the US Equestrian Team and Hamilton Farm Golf Club.

01
ENTRY TIER · $625K–$1M
Village Center Foursquares + Capes

Historic Foursquares, Colonial Revivals, smaller Capes, and renovated mid-century single-family residences in the Peapack and Gladstone village centers — within walking distance of either the Peapack or Gladstone train stations. The borough's most accessible entry-tier inventory; transaction volume is exceptionally limited.

02
FAMILY TIER · $950K–$1.6M
Hillside Colonials + 1990s-2010s Custom Builds

1900s-1960s single-family Colonials on the borough's hillside residential streets, plus 1990s-2010s custom-build inventory in newer developments. Primary-residence demand driven by Bernards HS Mountaineers (Somerset Hills Regional District), the borough's NJ Transit Gladstone Branch access, and the broader Somerset Hills equestrian character.

03
UPPER TIER · $1.5M–$5M+
Multi-Acre Estates + Equestrian Properties

Multi-acre estate properties, restored historic farmhouses, working farms, and equestrian properties with stables and pastures in the borough's outer hill country corridor. Upper-tier buyers include Manhattan finance and corporate executives, US Equestrian Team affiliates, Hamilton Farm Golf Club members, and selective country-residence acquirers.

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THE DISTRICTS

The Two Villages of Peapack-Gladstone

The borough is organized around two distinct historic villages — Peapack and Gladstone — that merged to form the borough in 1912. Each village retains its own ZIP code, train station, and residential identity. The North Branch of the Raritan River forms the borough's east and southeast boundary.

Peapack Village (ZIP 07977)

Peapack is the borough's southern village, anchored by the Peapack Station on the NJ Transit Gladstone Branch and the Municipal Complex and Public Library that houses borough government. The village's residential character preserves historic Foursquare, Colonial Revival, and mid-century single-family residences along Main Street and the surrounding hillside streets. The Natirar estate — a 247-acre county-owned park within the borough — provides substantial preserved open space adjacent to Peapack.

Gladstone Village (ZIP 07934)

Gladstone is the borough's northern village — an unincorporated community within the borough at elevation 262 feet, with a 2010 population of 1,501 (roughly 60% of the borough's total). Gladstone is home to the historic 1890 Gladstone Station (the western terminus of NJ Transit's Gladstone Branch), Hamilton Farm Golf Club, the United States Equestrian Team headquarters, and Gill St. Bernard's School. The Gladstone village's character is more rural and equestrian than Peapack's, with substantial multi-acre estate and working farm inventory.

Historic 1890 Gladstone Station — NRHP Queen Anne Landmark

Gladstone Station — opened October 10, 1890 — is the western terminus of NJ Transit's Gladstone Branch and one of the most architecturally significant historic stations on the entire NJ Transit system. The original 1891 Queen Anne-style wood station and freight station remain in service. The station was electrified on January 6, 1931, and was added to the U.S. National Register of Historic Places on June 22, 1984 (also listed on the NJ Register of Historic Places). Direct NJ Transit service to Newark Penn Station and Hoboken Terminal; approximately 8% of weekday trains use the Kearny Connection for direct service to Secaucus Junction and NYC Penn Station via Midtown Manhattan.

Natirar Estate + Moses Craig Lime Kilns

The historic Natirar estate occupies 247 acres within Peapack-Gladstone (with the broader Natirar county park extending into Far Hills and Bedminster) — the largest area of preserved land in the borough. The Moses Craig Lime Kilns, listed on the National Register of Historic Places, preserve the borough's 19th-century industrial heritage and the area's connection to colonial-era limestone quarrying. Both anchor the borough's deliberate conservation and historic-preservation character.

United States Equestrian Team + Hamilton Farm Golf Club

The United States Equestrian Team — the national governing body for Olympic equestrian sport — maintains its headquarters in Gladstone. Hamilton Farm Golf Club, also in Gladstone, is a private golf and equestrian club that has been a defining anchor of the borough's national-profile sporting culture since the early 20th century. Combined with the Far Hills Race Meeting nearby and the broader Somerset Hills equestrian corridor, the borough is one of New Jersey's most concentrated equestrian and country-club markets.

"Peapack-Gladstone is among New Jersey's most institutionally anchored small boroughs — 2,558 residents across 5.73 square miles of land at the western terminus of NJ Transit's Gladstone Branch, with a median household income of $202,578 (among Somerset's highest) and just 1.12% of residents living in poverty. The historic 1890 Gladstone Station (NRHP-listed, Queen Anne-style) connects the borough directly to Newark and Hoboken with onward NYC service. The United States Equestrian Team headquarters, Hamilton Farm Golf Club, Gill St. Bernard's School, and the 247-acre Natirar estate provide institutional gravity that very few small NJ boroughs can match. Median sale around $1.1M reflects the borough's tightly-held inventory and Somerset Hills Regional School District (Bernards HS Mountaineers, est. 1907) access — though the upper-tier multi-acre estate corridor routinely produces transactions at $2M-$5M+ for buyers seeking working farms, equestrian properties, and historic farmhouses."

04
THE COMPARISON

Peapack-Gladstone vs. Northern Somerset County Cluster

Buyers shopping Peapack-Gladstone typically cross-shop against the Northern Somerset luxury cluster: Bernardsville Borough (shares Somerset Hills Regional School District), Far Hills Borough (USGA HQ, Far Hills Race Meeting, also Somerset Hills Regional), Bedminster Township (AT&T World HQ, The Hills, Trump National Golf Club, parent municipality from which Peapack-Gladstone separated in 1912), and Bernards Township (DFG J Ridge HS, Basking Ridge).

Town Median Sale Population Land Area
Peapack-Gladstone ★ $1,100,000 2,558 5.73 mi²
Bernardsville Borough $1,250,000 7,893 12.83 mi²
Far Hills Borough $1,500,000 924 4.85 mi²
Bedminster Township $875,000 8,272 26.12 mi²
Bernards Township $925,000 27,830 24.20 mi²

★ Subject town. Sources: U.S. Census 2020, Somerset County government, NJ Department of Education, World Population Review. Peapack-Gladstone Borough population 2,558 (2020), est. 2,538 (2023), 2,584 (2026 WPR); +1.1% since 2020. Ranks 466th of 565 in NJ + 18th of 21 in Somerset County. Land area 5.73 sq mi (5.73 land + 0.069 water = 1.21%); 262nd of 565 in NJ + 11th of 21 in Somerset. Density 446.2/sq mi — 19th of 21 in Somerset County. Elevation 243 ft (Peapack); 262 ft (Gladstone unincorporated community within borough). ZIPs 07934 (Gladstone) and 07977 (Peapack). Area code 908. Incorporated as borough April 23, 1912 by Act of NJ Legislature March 28, 1912 (subject to referendum results of April 23, 1912); formed from portions of Bedminster Township when the villages of Peapack and Gladstone determined their needs had diverged from the rest of Bedminster. Borough form of government with Borough Council body. Mayor Mark A. Corigliano (R), term ends December 31, 2026; Borough Administrator and Municipal Clerk Nancy Bretzger (combined role). Median household income $202,578 — among the highest in Somerset County; poverty rate 1.12%; median age 44.4 years; racial composition 85.84% White, 3.81% Asian. Schools: Somerset Hills Regional School District (PreK-12, 3 schools at 25 Olcott Avenue in Bernardsville, 1,761 students 2022-23, 11.6:1 student-teacher ratio, DFG I, Superintendent Brian Brotschul). Serves Peapack-Gladstone, Bernardsville, and Far Hills (all grades), plus Bedminster Township (grades 9-12 via sending/receiving relationship). Bernards High School (Mountaineers, 25 Olcott Avenue Bernardsville, established 1907, 751 students 2024-25, 10.9:1 ratio, Crimson and White colors, NJSIAA Group II, Principal Scott Neigel). Gill St. Bernard's School — a private K-12 day school — is also located in Gladstone within the borough. Major anchors: historic 1890 Gladstone Station (Queen Anne-style, NRHP and NJ Register of Historic Places, western terminus of NJ Transit's Gladstone Branch / Morris & Essex Line, electrified January 6, 1931); Peapack Station also on NJ Transit Gladstone Branch; United States Equestrian Team headquarters in Gladstone; Hamilton Farm Golf Club in Gladstone; Natirar estate (247 acres within borough, county-owned park extending into Far Hills and Bedminster); Moses Craig Lime Kilns (National Register of Historic Places). The North Branch of the Raritan River forms the borough's east and southeast boundary. The borough is currently petitioning the Highlands Council for a review of its master plan and development regulations for alignment with the Highlands Regional Master Plan. Upper-tier multi-acre estates, working farms, and equestrian properties in the outer hill country corridor routinely reach $2M-$5M+. Verify property-specific pricing with The Prodigy Team before contract.

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05
LIVING IN PEAPACK-GLADSTONE

What the Numbers Don't Show

A 1912 Borough Carved from Bedminster Township. Peapack-Gladstone was incorporated as a borough on April 23, 1912 — formed from portions of Bedminster Township following an Act of the New Jersey Legislature passed on March 28, 1912 (subject to a referendum held April 23, 1912). The borough was created when the villages of Peapack and Gladstone determined that their needs had diverged from the rest of Bedminster. The two villages — Peapack (ZIP 07977) and Gladstone (ZIP 07934) — retain distinct postal identities and residential character but operate as a single municipal borough. The historic Moses Craig Lime Kilns — listed on the National Register of Historic Places — preserve the borough's 19th-century industrial heritage. The North Branch of the Raritan River forms the borough's east and southeast boundary.

The Historic 1890 Gladstone Station — NRHP Western Terminus. Gladstone Station — opened on October 10, 1890 — is the western terminus of NJ Transit's Gladstone Branch (part of the broader Morris & Essex Line). The original 1891 Queen Anne-style wood station and freight station remain in continuous service. The station was electrified on January 6, 1931, listed on both the U.S. National Register of Historic Places (added June 22, 1984) and the NJ Register of Historic Places (designated March 17, 1984). The branch provides direct weekday service to Newark Penn Station and Hoboken Terminal — approximately 8% of weekday trains use the Kearny Connection for direct service to Secaucus Junction and NYC Penn Station. The Peapack Station provides additional service on the same branch.

United States Equestrian Team + Hamilton Farm + Gill St. Bernard's School. The United States Equestrian Team — the national governing body for Olympic equestrian sport — maintains its headquarters in the Gladstone section of the borough. Hamilton Farm Golf Club is one of the region's most nationally recognized private golf and equestrian clubs. Gill St. Bernard's School, a private K-12 day school located in Gladstone, provides an additional educational option for borough residents alongside the public Somerset Hills Regional School District. The historic Natirar estate — 247 acres of preserved open space within Peapack-Gladstone (part of a larger county-owned park that extends into Far Hills and Bedminster) — is the largest area of preserved land in the borough.

Mayor Corigliano, Somerset Hills Regional Schools, and Exceptional Affluence. Peapack-Gladstone operates under the Borough form of government with a Borough Council legislative body. Mayor Mark A. Corigliano (R) currently serves with a term ending December 31, 2026; Borough Administrator and Municipal Clerk Nancy Bretzger holds both roles in a combined capacity. Public-school students attend the Somerset Hills Regional School District at 25 Olcott Avenue in Bernardsville, with Bernards High School (Mountaineers, established 1907) serving as the regional high school. Median household income of $202,578 is among the highest in Somerset County, with a poverty rate of just 1.12% and a stable, mature demographic (median age 44.4). The borough is currently petitioning the Highlands Council for a review of its master plan and development regulations for alignment with the Highlands Regional Master Plan.

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FREQUENTLY ASKED QUESTIONS

Peapack-Gladstone Borough, NJ Real Estate FAQ

What is the median home price in Peapack-Gladstone Borough, NJ?

Median sale pricing in Peapack-Gladstone runs around $1,100,000, with variation by village and product type. Entry-tier historic Foursquares, Colonial Revivals, and smaller Capes in the Peapack and Gladstone village centers — within walking distance of either train station — trade $625K-$1M. Family-tier hillside Colonials and 1990s-2010s custom-builds occupy $950K-$1.6M. Upper-tier multi-acre estate properties, restored historic farmhouses, working farms, and equestrian properties in the outer hill country corridor routinely reach $1.5M-$5M+. Median household income of $202,578 reflects the borough's deep affluence, and inventory turnover is exceptionally low — fewer than two dozen meaningful single-family transactions in a typical year.

Where do Peapack-Gladstone Borough students attend school?

Peapack-Gladstone public-school students attend the Somerset Hills Regional School District at 25 Olcott Avenue in Bernardsville. The regional district serves Peapack-Gladstone Borough, Bernardsville Borough, and Far Hills Borough across all grades plus Bedminster Township for grades 9-12 via a sending/receiving relationship. 3 schools, 1,761 students, 11.6:1 ratio, DFG I, under Superintendent Brian Brotschul. Bernards High School (Mountaineers) — established 1907 — serves 751 students 9-12 at 10.9:1 under Principal Scott Neigel. Crimson and White colors, NJSIAA Group II. Gill St. Bernard's School — a private K-12 day school — is also located in Gladstone within the borough.

When was Peapack-Gladstone Borough founded?

Peapack-Gladstone was incorporated as a borough on April 23, 1912 — formed from portions of Bedminster Township following an Act of the New Jersey Legislature passed on March 28, 1912 (subject to a referendum held April 23, 1912). The borough was created when the villages of Peapack and Gladstone determined their needs had diverged from the rest of Bedminster Township. Mayor Mark A. Corigliano (R) currently serves with a term ending December 31, 2026. The Moses Craig Lime Kilns — listed on the National Register of Historic Places — preserve the borough's 19th-century industrial heritage.

What is the Gladstone Station and the Gladstone Branch?

Gladstone Station — opened October 10, 1890 — is the western terminus of NJ Transit's Gladstone Branch (part of the broader Morris & Essex Line). The original 1891 Queen Anne-style wood station and freight station remain in continuous service. The station was electrified on January 6, 1931 and added to both the U.S. National Register of Historic Places (June 22, 1984) and the NJ Register of Historic Places (March 17, 1984). The Gladstone Branch provides direct weekday rail service to Newark Penn Station and Hoboken Terminal — approximately 8% of weekday trains use the Kearny Connection for direct service to Secaucus Junction and NYC Penn Station in Midtown Manhattan. The Peapack Station provides additional service on the same branch. The Gladstone Branch also serves Bernardsville, Far Hills, and Bernards Township (Basking Ridge and Lyons stations).

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Ready to Buy or Sell in Peapack-Gladstone Borough?

The Prodigy Team covers Peapack-Gladstone's full inventory across all 5.73 square miles — historic Foursquare and Colonial Revival residences in the Peapack and Gladstone village centers near the train stations, hillside Colonials and 1990s-2010s custom-builds on the borough's residential streets, multi-acre estate properties and restored historic farmhouses in the outer hill country corridor, and working farms and equestrian properties throughout the Somerset Hills landscape. Cinematic 4K aerial drone marketing (essential for the borough's upper-tier $2M-$5M+ acreage, equestrian, and Hamilton Farm-adjacent inventory), NY/NJ broker representation, and 20+ years of Monmouth Coast and Manhattan/Brooklyn relocation experience — now serving the western terminus of NJ Transit's Gladstone Branch and one of New Jersey's most institutionally anchored small boroughs.

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