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New Jersey Real Estate & Property Data

Last Updated: April 22, 2025

Get access to New Jersey real estate data and housing market reports powered by the industry’s leading provider of real estate and property data, ATTOM. There have been 109,052 residential properties sold in the New Jersey real estate market over the past 12 months. As of October 2025, the median home price in NJ on single-family homes is $535,000. The median single-family home value for properties over the last 12 months is $545,400. Currently, the State of New Jersey has 1,344 properties in foreclosure and 56 REOs (real estate bank owned).

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Total Residential Properties 2,646,912

Total Commercial Properties 120,311

Avg. Home Age (Single Family Home) 61 Years

Avg. Square Feet (Single Family Home) 1,976

Total 2025 Residential Sales (year-to-date) 14,389

% of Homes Seriously Underwater (Q2 2025) 0.79%

Total 2024 Residential Sales 102,228

% of Equity Rich Homes (Q2 2025) 47.31%

Effective 2024 Property Tax 1.52%

Total Foreclosure Filings (year-to-date) 2,391

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New Jersey Real Estate Overview

There were 109,052 residential properties sold in the past year in New Jersey. The median home value in New Jersey is $545,400. There are a total of 2,646,912 residential properties in the NJ.

Median Sales Price i

$535,000

(Feb 2025)

+14.1%

year-over-year

y-o-y

List Graph

1 year 3 years

5 years

February '25 Feb '25 $535,000
January '25 Jan '25 $535,000
December '24 Dec '24 $540,000
November '24 Nov '24 $539,894
October '24 Oct '24 $525,500
September '24 Sep '24 $560,000
August '24 Aug '24 $550,850
July '24 Jul '24 $549,000
June '24 Jun '24 $540,000
May '24 May '24 $530,000
April '24 Apr '24 $500,000
March '24 Mar '24 $482,836

Median Down Payment i

$100,000

(Feb 2025)

+25%

year-over-year

y-o-y

List Graph

1 year 3 years

5 years

February '25 Feb '25 $100,000
January '25 Jan '25 $100,000
December '24 Dec '24 $100,000
November '24 Nov '24 $100,000
October '24 Oct '24 $100,000
September '24 Sep '24 $109,150
August '24 Aug '24 $109,500
July '24 Jul '24 $110,000
June '24 Jun '24 $109,000
May '24 May '24 $100,000
April '24 Apr '24 $92,500
March '24 Mar '24 $84,000

Number of Homes Sold i

6,347

(Feb 2025)

-3.2%

year-over-year

y-o-y

List Graph

1 year 3 years

5 years

February '25 Feb '25 6,347
January '25 Jan '25 8,042
December '24 Dec '24 8,612
November '24 Nov '24 8,127
October '24 Oct '24 9,582
September '24 Sep '24 9,091
August '24 Aug '24 10,088
July '24 Jul '24 10,434
June '24 Jun '24 8,330
May '24 May '24 8,643
April '24 Apr '24 8,176
March '24 Mar '24 7,024

Number of Purchase Loans i

4,972

(Feb 2025)

+4.1%

year-over-year

y-o-y

List Graph

1 year 3 years

5 years

February '25 Feb '25 4,972
January '25 Jan '25 6,348
December '24 Dec '24 6,916
November '24 Nov '24 6,193
October '24 Oct '24 7,144
September '24 Sep '24 6,743
August '24 Aug '24 7,509
July '24 Jul '24 7,692
June '24 Jun '24 5,959
May '24 May '24 6,384
April '24 Apr '24 5,822
March '24 Mar '24 5,088

Number of REFI Loans i

4,741

(Feb 2025)

-2.1%

year-over-year

y-o-y

List Graph

1 year 3 years

5 years

February '25 Feb '25 4,741
January '25 Jan '25 5,484
December '24 Dec '24 5,765
November '24 Nov '24 5,251
October '24 Oct '24 6,905
September '24 Sep '24 5,511
August '24 Aug '24 5,400
July '24 Jul '24 5,117
June '24 Jun '24 4,687
May '24 May '24 5,332
April '24 Apr '24 5,651
March '24 Mar '24 4,687

Number of HELOC Loans i

2,579

(Feb 2025)

+9.3%

year-over-year

y-o-y

List Graph

1 year 3 years

5 years

February '25 Feb '25 2,579
January '25 Jan '25 2,886
December '24 Dec '24 2,861
November '24 Nov '24 2,480
October '24 Oct '24 3,130
September '24 Sep '24 2,915
August '24 Aug '24 2,915
July '24 Jul '24 2,937
June '24 Jun '24 2,684
May '24 May '24 3,130
April '24 Apr '24 3,167
March '24 Mar '24 2,435

New Jersey Real Estate Market Overview

Last 30 days

County

Median Est. Value
County

Median Est. Value
County

Median Est. Value

Atlantic County

$360,200 $192.98/sqft
Bergen County

$721,200 $335.3/sqft
Burlington County

$395,500 $200.66/sqft
Camden County

$341,700 $199.43/sqft
Cape May County

$545,400 $275.99/sqft
Cumberland County

$251,200 $161.27/sqft
Essex County

$660,900 $297.66/sqft
Gloucester County

$361,100 $187.14/sqft
Hudson County

$659,200 $339.22/sqft
Hunterdon County

$574,800 $243.29/sqft
Mercer County

$410,100 $221.02/sqft
Middlesex County

$540,800 $291.85/sqft
Monmouth County

$702,500 $314.85/sqft
Morris County

$665,000 $300.61/sqft
Ocean County

$506,000 $286.53/sqft
Passaic County

$569,100 $299.1/sqft
Salem County

$259,700 $151.35/sqft
Somerset County

$624,300 $271.77/sqft
Sussex County

$429,700 $233.83/sqft
Union County

$588,700 $310.33/sqft
Warren County

$412,400 $216.16/sqft
See More Counties Hide Counties

New Jersey Foreclosure Activity

There were a total of 1,344 New Jersey properties with a foreclosure filing in February 2025. Lenders started the foreclosure process on 947 New Jersey properties and repossessed 56 New Jersey properties through completed foreclosures (REOs) in February 2025.

Total Foreclosure Filings i

1,344

(Feb 2025)

+19%

year-over-year

y-o-y

List Graph

1 year 3 years

5 years