Market Data by County

Data From: 01/19/26 - 02/15/26

NJ County	New Listings	Median Sale Price	*DOM/Days vs. Last WeekD
BERGEN	119 (-15%)	$718k (1%)	90 / +1
ESSEX	116 (-13%)	$615k (0%)	74 / +1
PASSAIC	54 (2%)	$550k (-3%)	78 / +2
MORRIS	70 (-18%)	$666k (4%)	36 / +0
HUDSON	108 (-4%)	$670k (2%)	70 / 0

ABOVE IS THE MOST RECENT Year-Over-Year DATA FROM REDFIN | *DOM = Days on Market

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Northern NJ Overview Per County & State of the Market

County Overview

Bergen County

Inventory continues to tighten. New listings are now lower than they have been since 2023. Pricing has stayed strong and is in line with 2021 trends.

Essex County

Essex started the year strong, with prices running above prior years. It is now exactly where it was this same week last year. Homes are taking longer to sell. Inventory is lower than it has been since before 2023.

Passaic County

There was more inventory in 2023 and 2024 than there is this week. Homes are taking longer to sell.

Morris County

From 2023 through 2025, new listings have stayed fairly tight and consistent. This week’s drop is the biggest change we have seen in Morris since 2023. Homes are now taking the longest to sell that we have seen in several years but is still 50% faster than the rest.

Hudson County

If you look at Hudson on a chart since 2023, most of the data moves together up to present day. The biggest change was in 2023 where home prices took a huge jump.

Interest Rate and the NNJ Market:

The interest rates are showing to be at 6.05% for a 30-year fixed right now. This means that if you have solid credit, you should be able to get rates in the 5's.

If you are looking to buy this year, I would suggest to start preparing now. I have a feeling March and April will be busy with new homes for sale across Northern NJ. (We can't go any lower!)

If you want to check out my buyer or seller guides, just let me know and I can send them to you.

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Visit My Home Site At www.joecharlesnj.com

Comparing the U.S. Market to NJ

(year-over-year)

U.S. vs NJ	# of Homes For Sale	Median Sale Price
U.S.	1,655,600 (-0.13%)	$423,261 (1.1%)
New Jersey	23,599 (4.1%)	$553,600 (3.0%)

Note: When the news reports on the real estate market, they’re referring to national data. New Jersey is very different from the rest of the country.

Today's Mortgage Rates : Daily Index

View today's current mortgage rates with our national average index, calculated daily to bring you the most accurate data when purchasing or refinancing your home. Follow our daily market analysis with Mortgage Rate Watch and we'll tell you where and why rates are moving.

Northern NJ Homes For Sale by County

Bergen County	Essex County	Passaic County
Morris County	Hudson County	Union County

American Dream mall lost us millions and N.J. town is in on it, investors say in new suit

A new lawsuit claims East Rutherford officials and the mall's developer orchestrated a scheme that cost bondholders at least $24 million in annual payments.