Bloomfield sold 265 homes at 110% of list price over the twelve months to July 2026, but that one township figure blends two markets that behave nothing alike. Houses around $722,500 closed at 116% of list in an average of 26 days, the strongest band anywhere in the town. Houses around $460,000 closed at 103% over 45 days. Thirteen points and nineteen days separate them, inside the same municipal border. At a $605,000 median, Bloomfield is also the most affordable way into this stretch of Essex County, and the entry-level end is the part of it where a buyer still has room to work. Ryan Horvath is a Prominent Properties Sotheby’s International Realty agent and a former licensed New Jersey general contractor, and he reads Bloomfield by price band rather than by township average.
Data sourced from the Garden State MLS (GSMLS), August 2025 through July 2026.
Sale-to-list here is sale price against list price at the time of contract. Only one tier in Bloomfield actually transacted at the town-wide 110%. The rest sit meaningfully above or below it.
| Bedrooms | Sales | Median sale | Avg days | Sale-to-list |
|---|---|---|---|---|
| 1 | 17 | $275,000 | 24 | 102% |
| 2 | 35 | $460,000 | 45 | 103% |
| 3 | 137 | $618,000 | 30 | 109% |
| 4 | 70 | $722,500 | 26 | 116% |
| 5+ | 6 | $804,500 | 34 | 104% |
| Town total | 265 | $605,000 | 31 | 110% |
Houses around $722,500. The four-bedroom tier, and 70 sales, so not a thin sample. Closed at 116% of list in 26 days. That is the sharpest result in Bloomfield by a clear margin, and it is the number that matters most to anyone shopping the top of this town. A buyer looking at a well-presented four-bedroom here should expect to be bidding against other people and should expect the winning number to start with a premium, not a discount.
Around $618,000 sits the town’s centre of gravity: 137 sales, more than half of everything Bloomfield traded all year, at 109% of list over 30 days. This is the default Bloomfield transaction. It is competitive without being frantic, and the thirty-day average tells you the process is closer to two or three weekends of showings than to a same-day decision.
The picture changes below $500,000. The $460,000 segment. 35 sales. Closed at 103% over 45 days, the slowest band in town by nineteen days, and the $275,000 segment closed at 102% in 24 days on 17 sales. These two tiers are where negotiation still exists in Bloomfield. Six weeks of market time at the $460,000 level is not a seller’s market by any ordinary reading of the phrase, and a buyer working that band should not be talked into behaving as if it were.
The 5+ bedroom line is shown for completeness only. Six sales across a full year is not enough to characterise anything, and no conclusion on this page rests on it.
Set your expectations by price band, not by the town. Above roughly $700,000 you are in a 116% market that clears in under four weeks. Go in prepared, with financing settled, and understand that asking price is a floor rather than a ceiling in that band. In the $600,000s the market runs at 109% over 30 days: still competitive, but there is time to see a house twice. Below $500,000, at 103% and 45 days, you are the one with leverage. That is where inspection credits, repair concessions and a considered offer actually go somewhere.
A four-bedroom priced into the $700,000s has the strongest data behind it of any property type in this township, and underpricing it to manufacture a bidding war is unnecessary. That band is producing 116% on properly set list prices already. A two-bedroom in the $400,000s is a different job. Budget for six weeks, price it correctly on day one rather than testing a number, and understand that in that band condition is doing most of the work. The 45-day average is not a market problem; it is the difference between houses that show ready and houses that do not.
Practically all of Bloomfield is under $1 million. The top bedroom tier in this town has a median of $804,500, so this applies to almost every owner here. Two very different things can happen to a dated house, and lot size decides which.
On a smaller lot, a home needing significant work gets no premium. It sits, and it sells at or below asking. That is exactly what the entry-level numbers above are showing: 103% and 45 days at $460,000 is not weak demand for Bloomfield, it is condition on lots too small to interest anyone but an owner-occupier who now has to price in the work.
On a half acre or more, the same tired house is a completely different asset. It becomes a builder target, and the buyer is paying for land rather than for the house. Owners in that position are routinely priced off tired-house comparables. The agent pulls the last three dated colonials that sold nearby, prices to match, and the land value is never claimed. Having a vendor network that will put a real number on the work, and whether a lot carries builder value, is the difference between those two outcomes. If you are shopping sub-$1M on a larger lot in Bloomfield, understand that you may be competing with builders rather than with other families.
Bloomfield is the affordable entrance to a very expensive corridor. Directly next door, Glen Ridge posted a $1,260,000 median at 127% of list in 18 days, and Montclair a $1,350,000 median at 121% in 21 days. Roughly double Bloomfield’s median, and markedly hotter on sale-to-list. Verona, also adjacent, ran a $717,000 median at 112% over 35 days. West Orange, the closest thing to a like-for-like alternative on price, came in at a $687,500 median and 108% over 30 days across 436 sales, the largest sale count in Essex County.
Nothing in Essex County in this dataset sits below Bloomfield on price, which is the point: if the corridor works for you but Montclair and Glen Ridge do not, this is where you land. Buyers who genuinely need to go lower are looking outside the county. Plainfield City in Union County ran a $515,000 median at 102% over 44 days, a slower and quite different market. The trade Bloomfield offers is a real one: you give up the Montclair and Glen Ridge price tags and you take on a 45-day entry-level band instead of an 18-day one.
Bloomfield sits on NJ Transit’s Montclair-Boonton Line, with two stations inside the township. Bloomfield and Watsessing Avenue. Service runs to Hoboken, with Midtown Direct trains at peak hours continuing to New York Penn Station. The township is also the northern end of the Newark Light Rail at Grove Street, which connects to Newark Penn Station for PATH and further NJ Transit service. Bloomfield is one of the better-connected towns in this part of Essex County, and the presence of two commuter rail stations is a genuine part of why the sub-$700,000 segment here has the depth it does.
Bloomfield is served by the Bloomfield School District, a preK-12 district covering the township, with Bloomfield High School as the district high school. It is not a regional or sending-receiving arrangement; township students attend township schools throughout.
Bloomfield’s housing stock is largely turn-of-the-century and early twentieth-century. Victorians, centre-hall colonials, four-squares and a substantial number of two-family houses, with pockets of mid-century capes and ranches filling in later. The Bloomfield Green historic district at the centre of town, anchored by the church green and the surrounding civic buildings, is the oldest part of the township and still reads that way.
Bloomfield Center is the commercial spine, and the township shares Brookdale Park. One of the larger and better Essex County parks. With Montclair along its northern edge. Watsessing Park sits at the southern end. Bloomfield College, now part of Montclair State University, has been in the town for well over a century. The overall character is a dense, walkable, largely built-out township rather than a spread-out suburb, which is directly reflected in the lot sizes discussed above.
The median sale price in Bloomfield was $605,000 across 265 residential sales recorded in the Garden State MLS between August 2025 and July 2026. By bedroom count the medians ran from $275,000 for one-bedroom properties to $722,500 for four-bedroom houses.
It depends entirely on your price point, and this is the single most useful thing to know about the town. Above roughly $700,000 it is firmly a seller’s market. 116% of list in 26 days. Below $500,000 it is much closer to balanced. 103% of list over 45 days. Quoting the 110% town-wide figure at either of those buyers or sellers would give them the wrong instruction.
The township average was 31 days on market. Four-bedroom houses averaged 26 days and the $460,000 two-bedroom band averaged 45, so the spread around that average is wide, and the average is not a useful planning number on its own. GSMLS reports average rather than median days on market.
Lot sizes and housing stock, mostly. Bloomfield is a denser, more built-out township with a large share of smaller lots and two-family houses, where Montclair and Glen Ridge carry more large single-family inventory and, in Glen Ridge’s case, a very small and tightly held supply. Bloomfield’s $605,000 median against Montclair’s $1,350,000 and Glen Ridge’s $1,260,000 reflects that difference in product, not a difference in demand. Bloomfield still ran 110% of list.
Sales above $1,000,000 in Bloomfield trigger New Jersey’s Graduated Percent Fee, formerly the “mansion tax.” Since July 10, 2025 it is paid by the seller rather than the buyer, starting at 1% of the entire sale price and rising with price. Because the rate steps up at fixed thresholds, a sale crossing one by a small margin can cost more than it gains. See the New Jersey mansion tax seller’s guide for the brackets and where the thresholds fall.
Market data derived from Garden State MLS (GSMLS), August 2025 through July 2026. Statistics reflect residential sales and are not a guarantee of future results.
Buying, selling, or just curious what the numbers say. Call me.