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New Jersey Real Estate & Property Data

Last Updated: September 27, 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 111,360 residential properties sold in the New Jersey real estate market over the past 12 months. As of August 2025, the median home price in NJ on single-family homes is $590,000. The median single-family home value for properties over the last 12 months is $571,000. Currently, the State of New Jersey has 1,077 properties in foreclosure and 95 REOs (real estate bank owned).

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Total Residential Properties 2,644,616

Total Commercial Properties 120,275

Avg. Home Age (Single Family Home) 61 Years

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

Total 2025 Residential Sales (year-to-date) 56,050

% of Homes Seriously Underwater (Q3 2025) 0.79%

Total 2024 Residential Sales 101,197

% of Equity Rich Homes (Q3 2025) 48.31%

Effective 2024 Property Tax 1.45%

Total Foreclosure Filings (year-to-date) 7,577

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New Jersey Real Estate Overview

There were 111,360 residential properties sold in the past year in New Jersey. The median home value in New Jersey is $571,000. There are a total of 2,644,616 residential properties in the NJ.

Median Sales Price i

$590,000

(Jul 2025)

+7.4%

year-over-year

y-o-y

List Graph

1 year 3 years

5 years

July '25 Jul '25 $590,000
June '25 Jun '25 $575,000
May '25 May '25 $550,750
April '25 Apr '25 $540,000
March '25 Mar '25 $525,000
February '25 Feb '25 $535,000
January '25 Jan '25 $535,000
December '24 Dec '24 $540,000
November '24 Nov '24 $540,000
October '24 Oct '24 $525,900
September '24 Sep '24 $560,000
August '24 Aug '24 $551,000

Median Down Payment i

$118,500

(Jul 2025)

+7.7%

year-over-year

y-o-y

List Graph

1 year 3 years

5 years

July '25 Jul '25 $118,500
June '25 Jun '25 $118,000
May '25 May '25 $108,000
April '25 Apr '25 $103,000
March '25 Mar '25 $100,000
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 $109,712
August '24 Aug '24 $109,980

Number of Homes Sold i

9,810

(Jul 2025)

-4.9%

year-over-year

y-o-y

List Graph

1 year 3 years

5 years

July '25 Jul '25 9,810
June '25 Jun '25 8,695
May '25 May '25 8,160
April '25 Apr '25 7,451
March '25 Mar '25 7,556
February '25 Feb '25 6,446
January '25 Jan '25 7,932
December '24 Dec '24 8,529
November '24 Nov '24 8,029
October '24 Oct '24 9,447
September '24 Sep '24 8,995
August '24 Aug '24 9,990

Number of Purchase Loans i

7,697

(Jul 2025)

year-over-year

y-o-y

List Graph

1 year 3 years

5 years

July '25 Jul '25 7,697
June '25 Jun '25 6,978
May '25 May '25 6,362
April '25 Apr '25 6,049
March '25 Mar '25 5,920
February '25 Feb '25 5,090
January '25 Jan '25 6,355
December '24 Dec '24 6,921
November '24 Nov '24 6,200
October '24 Oct '24 7,161
September '24 Sep '24 6,746
August '24 Aug '24 7,513

Number of REFI Loans i

6,294

(Jul 2025)

+23%

year-over-year

y-o-y

List Graph

1 year 3 years

5 years

July '25 Jul '25 6,294
June '25 Jun '25 5,750
May '25 May '25 5,984
April '25 Apr '25 6,447
March '25 Mar '25 5,789
February '25 Feb '25 4,784
January '25 Jan '25 5,484
December '24 Dec '24 5,768
November '24 Nov '24 5,250
October '24 Oct '24 6,907
September '24 Sep '24 5,516
August '24 Aug '24 5,400

Number of HELOC Loans i

3,933

(Jul 2025)

+33.9%

year-over-year

y-o-y

List Graph

1 year 3 years

5 years

July '25 Jul '25 3,933
June '25 Jun '25 3,476
May '25 May '25 3,613
April '25 Apr '25 3,372
March '25 Mar '25 3,133
February '25 Feb '25 2,599
January '25 Jan '25 2,886
December '24 Dec '24 2,861
November '24 Nov '24 2,482
October '24 Oct '24 3,130
September '24 Sep '24 2,916
August '24 Aug '24 2,915

New Jersey Real Estate Market Overview

Last 30 days

County

Median Est. Value
County

Median Est. Value
County

Median Est. Value

Atlantic County

$370,000 $198.21/sqft
Bergen County

$765,400 $355.85/sqft
Burlington County

$417,300 $211.72/sqft
Camden County

$350,800 $204.75/sqft
Cape May County

$758,500 $407.99/sqft
Cumberland County

$268,400 $172.32/sqft
Essex County

$670,800 $302.12/sqft
Gloucester County

$384,000 $199.01/sqft
Hudson County

$675,200 $347.45/sqft
Hunterdon County

$593,350 $251.15/sqft
Mercer County

$433,250 $233.5/sqft
Middlesex County

$571,000 $288.95/sqft
Monmouth County

$726,000 $325.39/sqft
Morris County

$699,500 $316.21/sqft
Ocean County

$519,750 $294.32/sqft
Passaic County

$601,500 $316.13/sqft
Salem County

$280,200 $163.31/sqft
Somerset County

$655,150 $285.2/sqft
Sussex County

$435,900 $237.21/sqft
Union County

$648,300 $341.75/sqft
Warren County

$421,300 $220.83/sqft
See More Counties Hide Counties

New Jersey Foreclosure Activity

There were a total of 1,077 New Jersey properties with a foreclosure filing in July 2025. Lenders started the foreclosure process on 538 New Jersey properties and repossessed 95 New Jersey properties through completed foreclosures (REOs) in July 2025.

Total Foreclosure Filings i

1,077

(Jul 2025)

-18.7%

year-over-year

y-o-y

List Graph

1 year 3 years

5 years