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South Orange, NJ 07079 Real Estate & Property Data

South Orange, NJ 07079 Real Estate Market Trends

Last Updated: April 28, 2024

A total of 211 residential properties have been sold over the past 12 months in 07079. With a median sales price of $805,000 in 07079 and a total of 3 foreclosures in South Orange, NJ 07079. Discover market trends and get the granular level real estate data for South Orange, NJ 07079 to keep your pulse on the housing market. Curate compelling home reports for South Orange, NJ 07079 from reliable property records is easy using the ATTOM platform as a source for state-of-the-art property reports.

South Orange, NJ 07079 Real Estate Market Trends

Get property data for any address in South Orange, NJ 07079 or the country:

Total Residential Properties 4,444

Total Commercial Properties 161

Avg. Home Age (Single Family Home) 89 Years

Avg. Square Feet (Single Family Home) 2,656

Total 2024 Residential Sales (year-to-date) 22

% of Homes Seriously Underwater (Q2 2024) 0.47%

Total 2023 Residential Sales 199

% of Equity Rich Homes (Q2 2024) 49.01%

Effective 2023 Property Tax 2.18%

Total Foreclosure Filings (year-to-date) 5

South Orange, NJ 07079 Real Estate Overview

There were 211 residential properties sold in the past year in South Orange, NJ 07079. The median home value in South Orange, NJ 07079 is $914,000. There are a total of 4,444 residential properties in the 07079.

Median Sales Price i

$805,000

(Feb 2024)

-17.4%

year-over-year

y-o-y

February '24 Feb '24 $805,000
January '24 Jan '24 $1,020,000
December '23 Dec '23 $1,162,500
November '23 Nov '23 $1,078,000
October '23 Oct '23 $971,000
September '23 Sep '23 $867,000
August '23 Aug '23 $997,000
July '23 Jul '23 $999,000
June '23 Jun '23 $986,000
May '23 May '23 $956,000
April '23 Apr '23 $830,000
March '23 Mar '23 $974,999

Median Down Payment i

$190,000

(Feb 2024)

-3.2%

year-over-year

y-o-y

February '24 Feb '24 $190,000
January '24 Jan '24 $299,625
December '23 Dec '23 $227,500
November '23 Nov '23 $215,600
October '23 Oct '23 $255,000
September '23 Sep '23 $308,550
August '23 Aug '23 $236,200
July '23 Jul '23 $273,000
June '23 Jun '23 $243,250
May '23 May '23 $180,000
April '23 Apr '23 $211,500
March '23 Mar '23 $199,462

Number of Homes Sold i

9

(Feb 2024)

+80%

year-over-year

y-o-y

February '24 Feb '24 9
January '24 Jan '24 13
December '23 Dec '23 14
November '23 Nov '23 8
October '23 Oct '23 24
September '23 Sep '23 23
August '23 Aug '23 27
July '23 Jul '23 20
June '23 Jun '23 19
May '23 May '23 17
April '23 Apr '23 15
March '23 Mar '23 17

Number of Purchase Loans i

5

(Feb 2024)

+25%

year-over-year

y-o-y

February '24 Feb '24 5
January '24 Jan '24 10
December '23 Dec '23 10
November '23 Nov '23 7
October '23 Oct '23 18
September '23 Sep '23 17
August '23 Aug '23 21
July '23 Jul '23 16
June '23 Jun '23 13
May '23 May '23 15
April '23 Apr '23 11
March '23 Mar '23 13

Number of REFI Loans i

3

(Feb 2024)

year-over-year

y-o-y

February '24 Feb '24 3
January '24 Jan '24 3
December '23 Dec '23 7
November '23 Nov '23 3
October '23 Oct '23 7
September '23 Sep '23 5
August '23 Aug '23 7
July '23 Jul '23 4
June '23 Jun '23 2
May '23 May '23 6
April '23 Apr '23 5
March '23 Mar '23 5

Number of HELOC Loans i

8

(Feb 2024)

-11.1%

year-over-year

y-o-y

February '24 Feb '24 8
January '24 Jan '24 3
December '23 Dec '23 5
November '23 Nov '23 9
October '23 Oct '23 6
September '23 Sep '23 9
August '23 Aug '23 13
July '23 Jul '23 10
June '23 Jun '23 5
May '23 May '23 7
April '23 Apr '23 10
March '23 Mar '23 7

South Orange, NJ 07079 Real Estate Market Overview

Last 30 days

Street
Street
Street

1
2

South Orange, NJ 07079 Foreclosure Activity

There were a total of 3 South Orange, NJ 07079 properties with a foreclosure filing in February 2024.

Total Foreclosure Filings i

3

(Feb 2024)

+200%

year-over-year

y-o-y

February '24 Feb '24 3
January '24 Jan '24 2
December '23 Dec '23 N/A
November '23 Nov '23 N/A
October '23 Oct '23 3
September '23 Sep '23 1
August '23 Aug '23 N/A
July '23 Jul '23 3
June '23 Jun '23 1
May '23 May '23 8
April '23 Apr '23 1
March '23 Mar '23 3

Foreclosure Starts i

2

(Feb 2024)

+100%

year-over-year

y-o-y

February '24 Feb '24 2
January '24 Jan '24 N/A
December '23 Dec '23 N/A
November '23 Nov '23 N/A
October '23 Oct '23 2
September '23 Sep '23 N/A
August '23 Aug '23 N/A
July '23 Jul '23 1
June '23 Jun '23 1
May '23 May '23 4
April '23 Apr '23 1
March '23 Mar '23 3

Completed Foreclosures (REOs) i

February '24 Feb '24 N/A
January '24 Jan '24 N/A
December '23 Dec '23 N/A
November '23 Nov '23 N/A
October '23 Oct '23 N/A
September '23 Sep '23 N/A
August '23 Aug '23 N/A
July '23 Jul '23 N/A
June '23 Jun '23 N/A
May '23 May '23 N/A
April '23 Apr '23 N/A
March '23 Mar '23 N/A

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