$8,301 Closing Credit*
$699,000
4 Beds
•2 Full Baths, 1 Partial
Elizabeth Davis, Listing Office: RE/MAX Real Estate Limited
Housing Prices in River Edge, NJ
How much do homes in River Edge, NJ cost?
Median List Price
$750,000
-
Based on all homes listed in August 2024.
Difference Since Last Month
+$22,000(+3.0%)
Key Takeaway
The list price of homes in River Edge has increased by 3% since July.
Median List Price By Bedroom Count
| # BEDS# BEDROOMS | Jul 2024 | Aug 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | - | - | N/A |
| 3 Bedrooms | $764.5K | $549K | -28.2% |
| 4 Bedrooms | $1.0M | $1.0M | +2.5% |
| 5+ Bedrooms | $728K | $939K | +29.0% |
Summary: River Edge housing prices by bedroom type for August 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes decreased by 28.2%, 4 bedroom homes increased by 2.5%, and 5+ bedroom homes increased by 29%.
Median List Price Compared To Nearby Cities
| Oradell | $755K | $854.9K | +13.2% |
| River Edge | $728K | $750K | +3.0% |
Housing Supply in River Edge, NJ
How many homes are available in River Edge, NJ?
Number of Homes For Sale
| Jul 2024 | Aug 2024 | CHANGE |
|---|---|---|
| 7 | 5 | -28.6% |
Summary: The River Edge real estate market had 5 homes for sale in August 2024, a 28.6% decrease compared to July 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Jul 2024 | Aug 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 0 | 0 | 0.0% |
| 3 Bedrooms | 2 | 1 | -50.0% |
| 4 Bedrooms | 2 | 2 | 0.0% |
| 5+ Bedrooms | 3 | 2 | -33.3% |
Summary: The River Edge housing inventory by bedroom type for August 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes decreased by 50%, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 33.3%.
Days on Market for River Edge, NJ
How long does it take to sell a home in River Edge, NJ?
Average Listing Age
| Jul 2024 | Aug 2024 | CHANGE |
|---|---|---|
| 67 Days | 75 Days | +11.9% |
Summary: Homes in River Edge had an average listing age of 75 days in Aug 2024, up by 11.9% compared to the previous month.
