River Edge, NJ Home Values & Market Trends
Real estate market trends reflect that there have been 95 transactions over the past year in River Edge. The median value for residential home transactions that occurred over the previous year is $686,096.63. The number of current listings in River Edge is 4, and the percentage of properties for sale in the city is 4.00%. River Edge, NJ currently has 30 properties in foreclosure, 0 bank owned properties, 2 properties headed for auction, and 4 properties for sale.
River Edge, NJ Real Estate Market Overview
Zip | Median Est. Value |
---|---|
07661 | $ 702,100 $ 387/sqft |
Housing Market Summary for River Edge, NJ
Mar 2023 | February 2024 | Change | |
---|---|---|---|
Median Listing Price | $542.4K | $630.2K | 16.18% |
Median Sold Price | $575K | $630.2K | 9.61% |
Homes For Sale | 4 | 2 | -50.00% |
Homes Sold | 66 | 49 | -25.76% |
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 River Edge, NJ
Browse Homes in River Edge, NJ
River Edge home values range from $236,400 to $1,759,000. The median estimated value of a home in River Edge is $686,096.63. The median list price of a home is 737,000, and the total count of properties in the city is 3,236.
- Pre-ForeclosurePre-foreclosure homes account for 0.87% of all residential properties in River Edge, NJ with 07661 containing 28 pre-foreclosures, the highest number of pre-foreclosure properties in a single zip. There is 1 zips within River Edge, NJ; of that zips, the estimated home value for pre-foreclosure homes ranges from $1,109,000 in 07661 to the lowest home value of $530,300 in 07661.
- Bank OwnedThe median estimated home value of bank owned homes (REO properties) in River Edge, 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 River Edge, NJ. There is 1 zips within River Edge, NJ; N/A containing 0 REO properties, has the highest number of bank owned properties in a single zip.
- Auctions07661 has 2 auction properties, the highest number of properties going to auction in a single zip in the state of River Edge, NJ. Auction homes and other auction properties account for 0.06% of all properties in River Edge, NJ. There is 1 zips within River Edge, NJ; of that zips, the median estimated home value for homes going to auction ranges from $674,400 in 07661 to the lowest value of $586,600 in 07661.
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Guide for River Edge, NJ
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