Neshanic Station, NJ Home Values & Market Trends

Real estate market trends reflect that there have been 5 transactions over the past year in Neshanic Station. The median value for residential home transactions that occurred over the previous year is $607,300. The number of current listings in Neshanic Station is 1, and the percentage of properties for sale in the city is 1.00%. Neshanic Station, NJ currently has 1 properties in foreclosure, 0 bank owned properties, 0 properties headed for auction, and 1 properties for sale.

Neshanic Station, NJ Real Estate Market Overview

ZipMedian Est. Value
08853

$ 588,600

$ 256/sqft

Housing Market Summary for Neshanic Station, NJ

Apr 2023March 2024Change
Median Listing Price$0$597.5K-
Median Sold Price$381.1K$597.5K56.78%
Homes For Sale00-
Homes Sold44-
Price
$/Sqft
Homes For Sale
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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 Neshanic Station, NJ

Neshanic Station home values range from $260,600 to $1,163,000. The median estimated value of a home in Neshanic Station is $607,300. The median list price of a home is 735,000, and the total count of properties in the city is 235.

Foreclosure
There is 1 zips within Neshanic Station, NJ; within this zips, the median estimated home value for homes in foreclosure ranges from $1,186,000 in 08853 to the lowest value of $372,600 in 08853. Foreclosure homes account for 0.00% of properties in Neshanic Station, NJ with 08853 containing 9 foreclosures, the highest number of foreclosure properties in a single zip.
  • Pre-Foreclosure
    Pre-foreclosure homes account for 0.43% of all residential properties in Neshanic Station, NJ with 08853 containing 9 pre-foreclosures, the highest number of pre-foreclosure properties in a single zip. There is 1 zips within Neshanic Station, NJ; of that zips, the estimated home value for pre-foreclosure homes ranges from $1,186,000 in 08853 to the lowest home value of $372,600 in 08853.
  • Bank Owned
    The median estimated home value of bank owned homes (REO properties) in Neshanic Station, 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 Neshanic Station, NJ. There is 1 zips within Neshanic Station, NJ; N/A containing 0 REO properties, has the highest number of bank owned properties in a single zip.
  • Auctions
    N/A has 0 auction properties, the highest number of properties going to auction in a single zip in the state of Neshanic Station, NJ. Auction homes and other auction properties account for 0% of all properties in Neshanic Station, NJ. There is 1 zips within Neshanic Station, NJ; of that zips, the median estimated home value for homes going to auction ranges from $0 in N/A to the lowest value of $0 in N/A.
Homes for Sale
Homes and properties that are actively listed for sale account for 0.43% of residential properties in Neshanic Station, NJ with 08853 containing 2 homes for sale, the highest number of listed properties in a single zip. There is 1 zips within Neshanic Station, NJ; homes for sale in that zips, have a range of median values from $595,200 in 08853 to the lowest value of $582,000 in 08853.
    Sold Homes
    The median value for recently sold homes ranges from $1,220,000 in 08853 to the lowest price of $484,300 in 08853. There is 1 zips within Neshanic Station, NJ. 08853 has 15 recently sold homes, the highest number of recently sold properties in a single zip. Recently sold homes and properties account for 1.28% of properties in Neshanic Station, NJ.

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      Guide for Neshanic Station, 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
      Home Buying Financing
      How To Make Adjustments to Your Household Budget When Interest Rates Are High
      Home Buying Guides & Tips
      Are House Prices too High Near Your School? Buying A Foreclosure Could Be the Solution
      See More Articles
      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.

      How To Make Adjustments to Your Household Budget When Interest Rates Are High
      Home Buying Financing|posted 23 April 2024

      Sometime we need to make changes to our budget to cope with higher interest rates. Here are some tips!

      Are House Prices too High Near Your School? Buying A Foreclosure Could Be the Solution
      Home Buying Guides & Tips|posted 23 April 2024

      When house prices increase near good school, what options do home buyer have?

      Recently Listed Homes Neshanic Station, NJ

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