Englewood Cliffs, NJ Home Values & Market Trends
Real estate market trends reflect that there have been 72 transactions over the past year in Englewood Cliffs. The median value for residential home transactions that occurred over the previous year is $1,319,200. The number of current listings in Englewood Cliffs is 7, and the percentage of properties for sale in the city is 7.00%. Englewood Cliffs, NJ currently has 18 properties in foreclosure, 0 bank owned properties, 2 properties headed for auction, and 7 properties for sale.
Englewood Cliffs, NJ Real Estate Market Overview
Zip | Median Est. Value |
---|---|
07632 | $ 1,171,000 $ 499/sqft |
Housing Market Summary for Englewood Cliffs, NJ
Apr 2023 | March 2024 | Change | |
---|---|---|---|
Median Listing Price | $2.1M | $1.4M | -36.34% |
Median Sold Price | $1.2M | $1.4M | 12.57% |
Homes For Sale | 4 | 6 | 50.00% |
Homes Sold | 41 | 37 | -9.76% |
Price Per Square Foot
On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.
Recently Sold Homes
Explore recent offers and recently sold homes in Englewood Cliffs, NJ
Browse Homes in Englewood Cliffs, NJ
Englewood Cliffs home values range from $582,700 to $1,901,000. The median estimated value of a home in Englewood Cliffs is $1,319,200. The median list price of a home is 2,490,000, and the total count of properties in the city is 1,905.
- Pre-ForeclosurePre-foreclosure homes account for 0.84% of all residential properties in Englewood Cliffs, NJ with 07632 containing 16 pre-foreclosures, the highest number of pre-foreclosure properties in a single zip. There is 1 zips within Englewood Cliffs, NJ; of that zips, the estimated home value for pre-foreclosure homes ranges from $1,885,000 in 07632 to the lowest home value of $889,500 in 07632.
- Bank OwnedThe median estimated home value of bank owned homes (REO properties) in Englewood Cliffs, NJ ranges from the highest value of $0 in N/A to the lowest value of $0 in N/A. Bank owned homes and properties account for 0% of properties in Englewood Cliffs, NJ. There is 1 zips within Englewood Cliffs, NJ; N/A containing 0 REO properties, has the highest number of bank owned properties in a single zip.
- Auctions07632 has 2 auction properties, the highest number of properties going to auction in a single zip in the state of Englewood Cliffs, NJ. Auction homes and other auction properties account for 0.10% of all properties in Englewood Cliffs, NJ. There is 1 zips within Englewood Cliffs, NJ; of that zips, the median estimated home value for homes going to auction ranges from $1,216,000 in 07632 to the lowest value of $1,201,000 in 07632.
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Guide for Englewood Cliffs, NJ
The Newark real estate market from 2023 to 2024 exhibited a strong upward growth pattern, with slight fluctuations in property values and sale price per square foot.
The Jersey City real estate market continues to show robust growth with prices rising to an average of $595,000 per property and $394 per square foot in February 2024.
When house prices increase near good school, what options do home buyer have?
Information on foreclosure financing, refinancing, and foreclosure mortgages.