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Vernon, NJ 07462 Real Estate & Property Data

Vernon, NJ 07462 Real Estate Market Trends

Last Updated: April 27, 2024

A total of 270 residential properties have been sold over the past 12 months in 07462. With a median sales price of $278,000 in 07462 and a total of 5 foreclosures in Vernon, NJ 07462. Discover market trends and get the granular level real estate data for Vernon, NJ 07462 to keep your pulse on the housing market. Curate compelling home reports for Vernon, NJ 07462 from reliable property records is easy using the ATTOM platform as a source for state-of-the-art property reports.

Vernon, NJ 07462 Real Estate Market Trends

Get property data for any address in Vernon, NJ 07462 or the country:

Total Residential Properties 4,242

Total Commercial Properties 281

Avg. Home Age (Single Family Home) 44 Years

Avg. Square Feet (Single Family Home) 1,460

Total 2024 Residential Sales (year-to-date) 32

% of Homes Seriously Underwater (Q2 2024) 0.48%

Total 2023 Residential Sales 266

% of Equity Rich Homes (Q2 2024) 35.21%

Effective 2023 Property Tax 1.84%

Total Foreclosure Filings (year-to-date) 6

Vernon, NJ 07462 Real Estate Overview

There were 270 residential properties sold in the past year in Vernon, NJ 07462. The median home value in Vernon, NJ 07462 is $253,700. There are a total of 4,242 residential properties in the 07462.

Median Sales Price i

$278,000

(Feb 2024)

+20.3%

year-over-year

y-o-y

February '24 Feb '24 $278,000
January '24 Jan '24 $270,000
December '23 Dec '23 $205,000
November '23 Nov '23 $226,015
October '23 Oct '23 $270,000
September '23 Sep '23 $250,000
August '23 Aug '23 $231,250
July '23 Jul '23 $279,900
June '23 Jun '23 $292,000
May '23 May '23 $230,000
April '23 Apr '23 $240,000
March '23 Mar '23 $236,000

Median Down Payment i

$35,000

(Feb 2024)

-4.1%

year-over-year

y-o-y

February '24 Feb '24 $35,000
January '24 Jan '24 $38,500
December '23 Dec '23 $56,900
November '23 Nov '23 $50,715
October '23 Oct '23 $13,500
September '23 Sep '23 $26,750
August '23 Aug '23 $31,500
July '23 Jul '23 $57,600
June '23 Jun '23 $20,500
May '23 May '23 $29,750
April '23 Apr '23 $45,000
March '23 Mar '23 $33,300

Number of Homes Sold i

15

(Feb 2024)

-25%

year-over-year

y-o-y

February '24 Feb '24 15
January '24 Jan '24 17
December '23 Dec '23 18
November '23 Nov '23 15
October '23 Oct '23 19
September '23 Sep '23 23
August '23 Aug '23 29
July '23 Jul '23 28
June '23 Jun '23 20
May '23 May '23 17
April '23 Apr '23 19
March '23 Mar '23 30

Number of Purchase Loans i

10

(Feb 2024)

year-over-year

y-o-y

February '24 Feb '24 10
January '24 Jan '24 10
December '23 Dec '23 9
November '23 Nov '23 9
October '23 Oct '23 8
September '23 Sep '23 9
August '23 Aug '23 9
July '23 Jul '23 14
June '23 Jun '23 11
May '23 May '23 11
April '23 Apr '23 8
March '23 Mar '23 15

Number of REFI Loans i

10

(Feb 2024)

+233.3%

year-over-year

y-o-y

February '24 Feb '24 10
January '24 Jan '24 6
December '23 Dec '23 5
November '23 Nov '23 6
October '23 Oct '23 7
September '23 Sep '23 6
August '23 Aug '23 6
July '23 Jul '23 10
June '23 Jun '23 7
May '23 May '23 6
April '23 Apr '23 5
March '23 Mar '23 11

Number of HELOC Loans i

3

(Feb 2024)

-40%

year-over-year

y-o-y

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

Vernon, NJ 07462 Real Estate Market Overview

Last 30 days

Street
Street
Street

1
2
3

Vernon, NJ 07462 Foreclosure Activity

There were a total of 5 Vernon, NJ 07462 properties with a foreclosure filing in February 2024.

Total Foreclosure Filings i

5

(Feb 2024)

-37.5%

year-over-year

y-o-y

February '24 Feb '24 5
January '24 Jan '24 1
December '23 Dec '23 4
November '23 Nov '23 3
October '23 Oct '23 5
September '23 Sep '23 4
August '23 Aug '23 3
July '23 Jul '23 2
June '23 Jun '23 1
May '23 May '23 5
April '23 Apr '23 1
March '23 Mar '23 1

Foreclosure Starts i

3

(Feb 2024)

+50%

year-over-year

y-o-y

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

Completed Foreclosures (REOs) i

February '24 Feb '24 N/A
January '24 Jan '24 N/A
December '23 Dec '23 1
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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