Forty-two towns across Union, Essex, Morris, Somerset and Hunterdon. Each guide carries twelve months of GSMLS sales, the commute, and what the numbers actually say. Written by Ryan Horvath, REALTOR® and former licensed New Jersey general contractor.
Median sale $1,608,000. 20 days to contract at 108% of asking. The $1,750,000 tier moves fastest of all.
300 sales, more than any town in Union County. Median $1,352,500. 19 days at 106% of asking.
Median sale $2,100,000. That clears the second mansion tax bracket. A seller at the median owes roughly $42,000.
307 sales. 21 days at 121% of asking. Volume and heat in the same market, which is rare.
244 sales at 114% of asking. 20 days. Median $1,100,000. Buyers here bid over list and expect to.
Median $1,300,000 across 132 sales. 22 days at 106% of asking. Steady, and it rarely sits.
101 sales. Median $665,000 at 104% of asking. 26 days. The county seat, priced below the towns around it.
Median $1,620,000, second only to Short Hills. 133 sales at 105% of asking in 29 days.
83 sales at asking. 35 days. Median $1,050,000. Sellers here do not get bid up, and patience pays.
191 sales. Median $785,000 at 106% of asking. 22 days. The strongest value per day on market in the county.
83 sales. Median $803,000 at 105% of asking. 26 days. Small, and it moves like its neighbor.
174 sales at 112% of asking. 22 days. Median $1,136,100. Over list is the rule, not the exception.
436 sales, the highest volume of any town I cover. Median $687,500 at 108% of asking.
78 sales at 127% of asking in 18 days. Nothing in the region is bid up harder or sells faster.
325 sales, second only to West Orange. Median $1,200,000 at 102% of asking. 30 days.
122 sales at 110% of asking. 23 days. Median $1,109,000. Small town, hard competition.
60 sales. Median $999,500 at 104% of asking. 26 days. Low volume, and the median sits just under seven figures.
33 sales all year. Median $1,445,000 at 101% of asking. 39 days. Few houses trade here.
235 sales. Median $956,000 at 106% of asking. 23 days. Volume and speed at under a million.
83 sales. 54 days, the longest wait in Morris County. Median $1,350,000, and it closes at asking.
59 sales. Median $1,200,000 at 104% of asking. 29 days. A small market above seven figures.
178 sales. Median $733,800 at 103% of asking. 31 days.
293 sales. Median $900,000 at 103% of asking. 27 days. High volume right at the nine hundred mark.
153 sales. Median $495,000 at 102% of asking. 24 days. The lowest median in Somerset County.
65 sales. Median $999,999 at asking. 33 days. Sellers here hold list and wait.
175 sales. 45 days at asking. Median $1,200,000. Buyers get time to think at this price.
11 sales all year. Median $995,000 at 97% of asking. 49 days. Buyers have real room here.
27 sales. 40 days. Homes closed at 94% of asking, the widest gap between list and sale in the region.
265 sales at 110% of asking. 31 days. Median $605,000. Over list is standard at this price.
186 sales. Median $515,000 at 102% of asking. 44 days. Buyers still get time to think here.
129 sales. Median $472,000 at 103% of asking. 42 days. The lowest median of any town I cover.
101 sales. Median $600,000 at 102% of asking. 35 days.