Short Hills, NJ 07078 Real Estate & Property Data

Short Hills, NJ 07078 Real Estate Market Trends
Last Updated: April 27, 2024

A total of 183 residential properties have been sold over the past 12 months in 07078. With a median sales price of $2,647,500 in 07078 and a total of 1 foreclosures in Short Hills, NJ 07078. Discover market trends and get the granular level real estate data for Short Hills, NJ 07078 to keep your pulse on the housing market. Curate compelling home reports for Short Hills, NJ 07078 from reliable property records is easy using the ATTOM platform as a source for state-of-the-art property reports.

Short Hills, NJ 07078 Real Estate Market Trends
Total Residential Properties 4,136
Total Commercial Properties 71
Avg. Home Age (Single Family Home) 66 Years
Avg. Square Feet (Single Family Home) 3,348
Total 2024 Residential Sales (year-to-date) 20
% of Homes Seriously Underwater (Q2 2024) 0.77%
Total 2023 Residential Sales 173
% of Equity Rich Homes (Q2 2024) 30.33%
Effective 2023 Property Tax 1.44%
Total Foreclosure Filings (year-to-date) 3
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Short Hills, NJ 07078 Real Estate Overview

There were 183 residential properties sold in the past year in Short Hills, NJ 07078. The median home value in Short Hills, NJ 07078 is $1,662,000. There are a total of 4,136 residential properties in the 07078.

Median Sales Price i
$2,647,500
(Feb 2024)
-38.2%
year-over-year
y-o-y
  • February '24 Feb '24 $2,647,500
  • January '24 Jan '24 $1,800,000
  • December '23 Dec '23 $1,862,500
  • November '23 Nov '23 $1,900,000
  • October '23 Oct '23 $1,821,250
  • September '23 Sep '23 $1,810,000
  • August '23 Aug '23 $2,065,000
  • July '23 Jul '23 $2,054,500
  • June '23 Jun '23 $1,750,000
  • May '23 May '23 $2,180,000
  • April '23 Apr '23 $1,597,500
  • March '23 Mar '23 $2,112,000
Median Down Payment i
$1,185,000
(Feb 2024)
-7.8%
year-over-year
y-o-y
  • February '24 Feb '24 $1,185,000
  • January '24 Jan '24 $660,000
  • December '23 Dec '23 $515,000
  • November '23 Nov '23 $530,000
  • October '23 Oct '23 $423,275
  • September '23 Sep '23 $494,700
  • August '23 Aug '23 $549,500
  • July '23 Jul '23 $487,000
  • June '23 Jun '23 $625,501
  • May '23 May '23 $494,000
  • April '23 Apr '23 $700,000
  • March '23 Mar '23 $630,000
Number of Homes Sold i
7
(Feb 2024)
+250%
year-over-year
y-o-y
  • February '24 Feb '24 7
  • January '24 Jan '24 13
  • December '23 Dec '23 12
  • November '23 Nov '23 11
  • October '23 Oct '23 11
  • September '23 Sep '23 19
  • August '23 Aug '23 20
  • July '23 Jul '23 23
  • June '23 Jun '23 25
  • May '23 May '23 24
  • April '23 Apr '23 7
  • March '23 Mar '23 9
Number of Purchase Loans i
4
(Feb 2024)
+100%
year-over-year
y-o-y
  • February '24 Feb '24 4
  • January '24 Jan '24 8
  • December '23 Dec '23 9
  • November '23 Nov '23 7
  • October '23 Oct '23 6
  • September '23 Sep '23 17
  • August '23 Aug '23 13
  • July '23 Jul '23 22
  • June '23 Jun '23 22
  • May '23 May '23 19
  • April '23 Apr '23 5
  • March '23 Mar '23 7
Number of REFI Loans i
4
(Feb 2024)
+300%
year-over-year
y-o-y
  • February '24 Feb '24 4
  • January '24 Jan '24 2
  • December '23 Dec '23 3
  • November '23 Nov '23 6
  • October '23 Oct '23 2
  • September '23 Sep '23 4
  • August '23 Aug '23 4
  • July '23 Jul '23 3
  • June '23 Jun '23 4
  • May '23 May '23 7
  • April '23 Apr '23 2
  • March '23 Mar '23 4
Number of HELOC Loans i
5
(Feb 2024)
-16.7%
year-over-year
y-o-y
  • February '24 Feb '24 5
  • January '24 Jan '24 3
  • December '23 Dec '23 10
  • November '23 Nov '23 5
  • October '23 Oct '23 7
  • September '23 Sep '23 3
  • August '23 Aug '23 5
  • July '23 Jul '23 6
  • June '23 Jun '23 9
  • May '23 May '23 10
  • April '23 Apr '23 8
  • March '23 Mar '23 9

Short Hills, NJ 07078 Foreclosure Activity

There were a total of 1 Short Hills, NJ 07078 properties with a foreclosure filing in February 2024.

Total Foreclosure Filings i
1
(Feb 2024)
  • February '24 Feb '24 1
  • January '24 Jan '24 2
  • December '23 Dec '23 N/A
  • November '23 Nov '23 N/A
  • October '23 Oct '23 N/A
  • September '23 Sep '23 1
  • August '23 Aug '23 N/A
  • July '23 Jul '23 2
  • June '23 Jun '23 1
  • May '23 May '23 2
  • April '23 Apr '23 2
  • March '23 Mar '23 1
Foreclosure Starts i
1
(Feb 2024)
  • February '24 Feb '24 1
  • January '24 Jan '24 1
  • December '23 Dec '23 N/A
  • November '23 Nov '23 N/A
  • October '23 Oct '23 N/A
  • September '23 Sep '23 1
  • August '23 Aug '23 N/A
  • July '23 Jul '23 2
  • June '23 Jun '23 1
  • May '23 May '23 1
  • April '23 Apr '23 2
  • March '23 Mar '23 1
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