Rochelle Park, NJ Home Values & Market Trends
Real estate market trends reflect that there have been 65 transactions over the past year in Rochelle Park. The median value for residential home transactions that occurred over the previous year is $542,101.31. The number of current listings in Rochelle Park is 4, and the percentage of properties for sale in the city is 4.00%. Rochelle Park, NJ currently has 20 properties in foreclosure, 0 bank owned properties, 1 properties headed for auction, and 4 properties for sale.
Rochelle Park, NJ Real Estate Market Overview
| Zip | Median Est. Value |
|---|---|
| 07662 | $ 607,600 $ 300/sqft |
Housing Market Summary for Rochelle Park, NJ
| Apr 2023 | March 2024 | Change | |
|---|---|---|---|
| Median Listing Price | $462K | $549.9K | 19.02% |
| Median Sold Price | $480K | $549.9K | 14.55% |
| Homes For Sale | 2 | 2 | - |
| Homes Sold | 49 | 35 | -28.57% |
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 Rochelle Park, NJ
Browse Homes in Rochelle Park, NJ
Rochelle Park home values range from $239,100 to $1,892,000. The median estimated value of a home in Rochelle Park is $542,101.31. The median list price of a home is 504,500, and the total count of properties in the city is 1,807.
- Pre-ForeclosurePre-foreclosure homes account for 1.05% of all residential properties in Rochelle Park, NJ with 07662 containing 19 pre-foreclosures, the highest number of pre-foreclosure properties in a single zip. There is 1 zips within Rochelle Park, NJ; of that zips, the estimated home value for pre-foreclosure homes ranges from $644,700 in 07662 to the lowest home value of $436,500 in 07662.
- Bank OwnedThe median estimated home value of bank owned homes (REO properties) in Rochelle Park, 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 Rochelle Park, NJ. There is 1 zips within Rochelle Park, NJ; N/A containing 0 REO properties, has the highest number of bank owned properties in a single zip.
- Auctions07662 has 1 auction properties, the highest number of properties going to auction in a single zip in the state of Rochelle Park, NJ. Auction homes and other auction properties account for 0.06% of all properties in Rochelle Park, NJ. There is 1 zips within Rochelle Park, NJ; of that zips, the median estimated home value for homes going to auction ranges from $607,700 in 07662 to the lowest value of $607,700 in 07662.
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Guide for Rochelle Park, 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.
Information on foreclosure financing, refinancing, and foreclosure mortgages.
Market report of Savannah, GA, a real estate market that has shown consistent growth, with the average property value reaching nearly $400,000.