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The Numbers Don't Lie
The national median home sale price in April 2026 was $403,785. In New Jersey it was $558,007. That's a $154,000 gap and it's not shrinking anytime soon.
New Jersey home prices are up 3.3% year over year while the the national average is 2.2%. Nearly 47% of homes here are selling above asking price, compared to 24.6% nationally. Almost double.
So what's driving it? Look across the Hudson River.
New York State continues to bleed residents. The NY-to-NJ corridor is one of the busiest migration routes in the entire country as nearly 57,000 New Yorkers relocated to New Jersey last year alone. They're coming for the space, the schools, the commute, and frankly, prices that still look like a bargain compared to what they left behind.
That demand doesn't disappear. It shows up in your county's numbers every single month.
If you've been thinking about selling, this market is still working in your favor. If you're buying, you already know that hesitation is expensive here.
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