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New Jersey Real Estate & Property Data

New Jersey Real Estate Market Trends
Last Updated: December 01, 2023

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 117,113 residential properties sold in the New Jersey real estate market over the past 12 months. As of October 2023, the median home price in NJ on single-family homes is $480,000. The median single-family home value for properties over the last 12 months is $492,300. Currently, the State of New Jersey has 1,368 properties in foreclosure and 96 REOs (real estate bank owned).

See how easy it is to locate target properties in NJ, build bespoke property reports, and create marketing lists from ATTOM’s New Jersey real estate data.

New Jersey Real Estate Market Trends
Get property data for any address in New Jersey or the country:
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    • Zip Code: 60093
    • City: Chicago, IL
    • Address: 123 Main St, Chicago, IL
Total Residential Properties 2,628,199
Total Commercial Properties 120,716
Avg. Home Age (Single Family Home) 59 Years
Avg. Square Feet (Single Family Home) 1,973
Total 2023 Residential Sales (year-to-date) 86,952
% of Homes Seriously Underwater (Q4 2023) 0.83%
Total 2022 Residential Sales 141,862
% of Equity Rich Homes (Q4 2023) 44.11%
Effective 2022 Property Tax 1.57%
Total Foreclosure Filings (year-to-date) 14,255
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New Jersey Real Estate Overview

There were 117,113 residential properties sold in the past year in New Jersey. The median home value in New Jersey is $492,300. There are a total of 2,628,199 residential properties in the NJ.

Median Sales Price i
$480,000
(Oct 2023)
+6.7%
year-over-year
y-o-y
List Graph
1 year 3 years Subscribe 5 years Subscribe
  • October '23 Oct '23 $480,000
  • September '23 Sep '23 $505,000
  • August '23 Aug '23 $510,000
  • July '23 Jul '23 $515,000
  • June '23 Jun '23 $485,000
  • May '23 May '23 $465,000
  • April '23 Apr '23 $440,000
  • March '23 Mar '23 $440,000
  • February '23 Feb '23 $422,300
  • January '23 Jan '23 $450,000
  • December '22 Dec '22 $450,000
  • November '22 Nov '22 $454,000
Median Down Payment i
$84,000
(Oct 2023)
+17.6%
year-over-year
y-o-y
List Graph
1 year 3 years Subscribe 5 years Subscribe
  • October '23 Oct '23 $84,000
  • September '23 Sep '23 $95,000
  • August '23 Aug '23 $94,625
  • July '23 Jul '23 $98,000
  • June '23 Jun '23 $85,450
  • May '23 May '23 $80,000
  • April '23 Apr '23 $72,042
  • March '23 Mar '23 $70,000
  • February '23 Feb '23 $65,712
  • January '23 Jan '23 $75,000
  • December '22 Dec '22 $75,750
  • November '22 Nov '22 $76,000
Number of Homes Sold i
7,660
(Oct 2023)
-30.3%
year-over-year
y-o-y
List Graph
1 year 3 years Subscribe 5 years Subscribe
  • October '23 Oct '23 7,660
  • September '23 Sep '23 8,965
  • August '23 Aug '23 10,421
  • July '23 Jul '23 9,365
  • June '23 Jun '23 9,515
  • May '23 May '23 9,095
  • April '23 Apr '23 7,358
  • March '23 Mar '23 9,010
  • February '23 Feb '23 6,781
  • January '23 Jan '23 8,782
  • December '22 Dec '22 9,271
  • November '22 Nov '22 9,898
Number of Purchase Loans i
5,572
(Oct 2023)
-39.1%
year-over-year
y-o-y
List Graph
1 year 3 years Subscribe 5 years Subscribe
  • October '23 Oct '23 5,572
  • September '23 Sep '23 6,645
  • August '23 Aug '23 7,768
  • July '23 Jul '23 6,835
  • June '23 Jun '23 7,135
  • May '23 May '23 6,677
  • April '23 Apr '23 5,386
  • March '23 Mar '23 6,584
  • February '23 Feb '23 5,037
  • January '23 Jan '23 6,698
  • December '22 Dec '22 7,169
  • November '22 Nov '22 7,842
Number of REFI Loans i
4,643
(Oct 2023)
-11.6%
year-over-year
y-o-y
List Graph
1 year 3 years Subscribe 5 years Subscribe
  • October '23 Oct '23 4,643
  • September '23 Sep '23 4,854
  • August '23 Aug '23 5,917
  • July '23 Jul '23 4,634
  • June '23 Jun '23 4,801
  • May '23 May '23 4,936
  • April '23 Apr '23 4,108
  • March '23 Mar '23 5,022
  • February '23 Feb '23 3,723
  • January '23 Jan '23 4,153
  • December '22 Dec '22 3,991
  • November '22 Nov '22 4,496
Number of HELOC Loans i
2,121
(Oct 2023)
-40.3%
year-over-year
y-o-y
List Graph
1 year 3 years Subscribe 5 years Subscribe
  • October '23 Oct '23 2,121
  • September '23 Sep '23 2,338
  • August '23 Aug '23 2,817
  • July '23 Jul '23 2,462
  • June '23 Jun '23 2,744
  • May '23 May '23 3,056
  • April '23 Apr '23 2,656
  • March '23 Mar '23 3,058
  • February '23 Feb '23 2,635
  • January '23 Jan '23 2,930
  • December '22 Dec '22 2,919
  • November '22 Nov '22 3,314

New Jersey Real Estate Market Overview

Last 30 days
  • County
    Median Est. Value
  • County
    Median Est. Value
  • County
    Median Est. Value

New Jersey Foreclosure Activity

There were a total of 1,368 New Jersey properties with a foreclosure filing in October 2023. Lenders started the foreclosure process on 804 New Jersey properties and repossessed 96 New Jersey properties through completed foreclosures (REOs) in October 2023.

Total Foreclosure Filings i
1,368
(Oct 2023)
-9.6%
year-over-year
y-o-y
List Graph
1 year 3 years Subscribe 5 years Subscribe
  • October '23 Oct '23 1,368
  • September '23 Sep '23 1,371
  • August '23 Aug '23 1,331
  • July '23 Jul '23 1,479
  • June '23 Jun '23 1,580
  • May '23 May '23 1,482
  • April '23 Apr '23 1,460
  • March '23 Mar '23 1,491
  • February '23 Feb '23 1,507
  • January '23 Jan '23 1,186
  • December '22 Dec '22 1,471
  • November '22 Nov '22 1,165
Foreclosure Starts i
804
(Oct 2023)
-26.8%
year-over-year
y-o-y
List Graph
1 year 3 years Subscribe 5 years Subscribe
  • October '23 Oct '23 804
  • September '23 Sep '23 809
  • August '23 Aug '23 859
  • July '23 Jul '23 999
  • June '23 Jun '23 967
  • May '23 May '23 938
  • April '23 Apr '23 975
  • March '23 Mar '23 916
  • February '23 Feb '23 971
  • January '23 Jan '23 482
  • December '22 Dec '22 1,041
  • November '22 Nov '22 769
Completed Foreclosures (REOs) i
96
(Oct 2023)
-18.6%
year-over-year
y-o-y
List Graph
1 year 3 years Subscribe 5 years Subscribe
  • October '23 Oct '23 96
  • September '23 Sep '23 104
  • August '23 Aug '23 115
  • July '23 Jul '23 122
  • June '23 Jun '23 126
  • May '23 May '23 172
  • April '23 Apr '23 141
  • March '23 Mar '23 135
  • February '23 Feb '23 136
  • January '23 Jan '23 122
  • December '22 Dec '22 111
  • November '22 Nov '22 125
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