Market Report

Northern NJ Market Snapshot: Where Things Stand Heading Into Summer

Elevate Realty NJMay 23, 2026

The Northern NJ market at a glance

Across the towns we track in Bergen, Hudson, Essex, and Passaic, there were roughly 7,400 active listings in a recent snapshot — a healthy but competitive market heading into summer. Inventory is up enough to give buyers real choices, but well-priced homes are still moving fast.

Here's the recent picture by county:

CountyActive listingsMedian list priceMedian days on market
Bergen~3,275~$849,000~57 days
Hudson~2,577~$715,000~55 days
Essex~1,525~$679,000~58 days

What the numbers say

Two months on market as a median tells you this isn't a frenzy, but it isn't a buyer's free-for-all either. The homes that sit are almost always the ones priced ahead of the comps; the ones that are priced right are still drawing multiple offers in the strongest towns.

Bergen continues to carry the highest price point of the three, driven by its commuter towns and top school districts. Hudson's median sits lower on paper but its $/sqft is the highest in the region — you're buying density and proximity to Manhattan. Essex spans the widest range, from Newark's value plays to Montclair's premium blocks.

For buyers

Inventory is on your side more than it was a year ago — but "more inventory" doesn't mean "less competition" on the good listings. Get pre-approved, know your number, and be ready to move on day one for anything priced at or near comps.

For sellers

Price to the comps, not to last year's headlines. The market is rewarding accurate pricing with fast, at-or-above-ask sales and punishing optimistic pricing with weeks of silence. We'll show you exactly where your home lands.

Thinking about a move this summer? Reach out for a free, no-pressure read on your specific town and price point.

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