Saddle Brook, NJ Home Values & Market Trends
Real estate market trends reflect that there have been 116 transactions over the past year in Saddle Brook. The median value for residential home transactions that occurred over the previous year is $590,867.84. The number of current listings in Saddle Brook is 6, and the percentage of properties for sale in the city is 6.00%. Saddle Brook, NJ currently has 42 properties in foreclosure, 0 bank owned properties, 5 properties headed for auction, and 6 properties for sale.
Saddle Brook, NJ Real Estate Market Overview
Zip | Median Est. Value |
---|---|
07663 | $ 606,000 $ 335/sqft |
Housing Market Summary for Saddle Brook, NJ
Apr 2023 | March 2024 | Change | |
---|---|---|---|
Median Listing Price | $453.9K | $555K | 22.26% |
Median Sold Price | $487.4K | $555K | 13.87% |
Homes For Sale | 6 | 6 | - |
Homes Sold | 78 | 63 | -19.23% |
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 Saddle Brook, NJ
Browse Homes in Saddle Brook, NJ
Saddle Brook home values range from $288,900 to $1,426,000. The median estimated value of a home in Saddle Brook is $590,867.84. The median list price of a home is 614,500, and the total count of properties in the city is 4,075.
- Pre-ForeclosurePre-foreclosure homes account for 0.91% of all residential properties in Saddle Brook, NJ with 07663 containing 37 pre-foreclosures, the highest number of pre-foreclosure properties in a single zip. There is 1 zips within Saddle Brook, NJ; of that zips, the estimated home value for pre-foreclosure homes ranges from $756,400 in 07663 to the lowest home value of $331,000 in 07663.
- Bank OwnedThe median estimated home value of bank owned homes (REO properties) in Saddle Brook, 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 Saddle Brook, NJ. There is 1 zips within Saddle Brook, NJ; N/A containing 0 REO properties, has the highest number of bank owned properties in a single zip.
- Auctions07663 has 5 auction properties, the highest number of properties going to auction in a single zip in the state of Saddle Brook, NJ. Auction homes and other auction properties account for 0.12% of all properties in Saddle Brook, NJ. There is 1 zips within Saddle Brook, NJ; of that zips, the median estimated home value for homes going to auction ranges from $679,300 in 07663 to the lowest value of $508,800 in 07663.
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Guide for Saddle Brook, 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.