Saddle River, NJ Home Values & Market Trends

Real estate market trends reflect that there have been 46 transactions over the past year in Saddle River. The median value for residential home transactions that occurred over the previous year is $1,448,250. The number of current listings in Saddle River is 11, and the percentage of properties for sale in the city is 11.00%. Saddle River, NJ currently has 14 properties in foreclosure, 1 bank owned properties, 1 properties headed for auction, and 11 properties for sale.

Saddle River, NJ Real Estate Market Overview

ZipMedian Est. Value
07458

$ 1,285,000

$ 335/sqft

Housing Market Summary for Saddle River, NJ

Apr 2023March 2024Change
Median Listing Price$2.7M$1.3M-51.84%
Median Sold Price$1.6M$1.3M-16.70%
Homes For Sale1611-31.25%
Homes Sold3019-36.67%
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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%.

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Browse Homes in Saddle River, NJ

Saddle River home values range from $236,500 to $1,901,000. The median estimated value of a home in Saddle River is $1,448,250. The median list price of a home is 3,100,000, and the total count of properties in the city is 1,321.

Foreclosure
There is 1 zips within Saddle River, NJ; within this zips, the median estimated home value for homes in foreclosure ranges from $1,711,000 in 07458 to the lowest value of $279,500 in 07458. Foreclosure homes account for 1.00% of properties in Saddle River, NJ with 07458 containing 41 foreclosures, the highest number of foreclosure properties in a single zip.
  • Pre-Foreclosure
    Pre-foreclosure homes account for 0.91% of all residential properties in Saddle River, NJ with 07458 containing 35 pre-foreclosures, the highest number of pre-foreclosure properties in a single zip. There is 1 zips within Saddle River, NJ; of that zips, the estimated home value for pre-foreclosure homes ranges from $1,711,000 in 07458 to the lowest home value of $724,900 in 07458.
  • Bank Owned
    The median estimated home value of bank owned homes (REO properties) in Saddle River, NJ ranges from the highest value of $279,500 in 07458 to the lowest value of $279,500 in 07458. Bank owned homes and properties account for 0.08% of properties in Saddle River, NJ. There is 1 zips within Saddle River, NJ; 07458 containing 1 REO properties, has the highest number of bank owned properties in a single zip.
  • Auctions
    07458 has 5 auction properties, the highest number of properties going to auction in a single zip in the state of Saddle River, NJ. Auction homes and other auction properties account for 0.08% of all properties in Saddle River, NJ. There is 1 zips within Saddle River, NJ; of that zips, the median estimated home value for homes going to auction ranges from $1,526,000 in 07458 to the lowest value of $988,100 in 07458.
Homes for Sale
Homes and properties that are actively listed for sale account for 0.83% of residential properties in Saddle River, NJ with 07458 containing 18 homes for sale, the highest number of listed properties in a single zip. There is 1 zips within Saddle River, NJ; homes for sale in that zips, have a range of median values from $1,893,000 in 07458 to the lowest value of $690,300 in 07458.
    Sold Homes
    The median value for recently sold homes ranges from $1,893,000 in 07458 to the lowest price of $281,000 in 07458. There is 1 zips within Saddle River, NJ. 07458 has 81 recently sold homes, the highest number of recently sold properties in a single zip. Recently sold homes and properties account for 1.67% of properties in Saddle River, NJ.

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      Guide for Saddle River, NJ

      Market Reports
      Newark Real Estate Market Report, March 2024
      Market Reports
      Jersey City Real Estate Thrives with Robust Demand and Strong Growth in February 2024
      A new house being built
      Investment Financing
      What Type of Loan Is Best for First-Time Home Buyers?
      Home Buying Financing
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      Newark Real Estate Market Report, March 2024
      Market Reports|posted 22 March 2024

      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.

      Jersey City Real Estate Thrives with Robust Demand and Strong Growth in February 2024
      Market Reports|posted 18 March 2024

      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.

      A new house being built
      What Type of Loan Is Best for First-Time Home Buyers?
      Investment Financing|posted 9 April 2024

      Buying a new home is an important milestone for many. But how do you make sure you pick the right mortgage?

      What To Consider Before Renting a RTO Home
      Home Buying Financing|posted 5 April 2024

      RTO homes can sometimes be tricky to understand. Here are the questions you should if you are considering a rent-to-own property.