$1,495 Closing Credit*
$125,900
1,088 SqFt
3 Beds
•1 Full Bath
Melissa Waal, Listing Office: Weichert Realtors-Burlington
Is Bergen Square, NJ a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
At the same time last year, Bergen Square was a Neutral Market.
Key Takeaway
Bergen Square is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Bergen Square, NJ
How much do homes in Bergen Square, NJ cost?
Median Sold Price
$90,000
$69/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$20,000(+28.6%)
Key Takeaway
Homes in Bergen Square have sold for 28.6% more than they did a year ago.
Summary: The median home sold price in Bergen Square was $90,000 in November 2024, up 28.6% from last year, and the median price per square foot was $69.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $56.2K | $74.7K | +32.9% |
| 3 Bedrooms | $87.5K | $75K | -14.3% |
| 4 Bedrooms | - | $130K | N/A |
| 5+ Bedrooms | - | - | N/A |
Summary: Bergen Square housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 32.9%, 3 bedroom homes decreased by 14.3%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Neighborhoods
| Bergen Square | $70K | $90K | +28.6% |
| Lanning Square | $90K | $108.6K | +20.8% |
| Waterfront South | $101K | $100K | -1.0% |
Housing Supply in Bergen Square, NJ
How many homes are available in Bergen Square, NJ?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 11 | 15 | +36.4% |
Summary: The Bergen Square real estate market had 15 homes for sale in November 2024, a 36.4% increase compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 2 | +100.0% |
| 2 Bedrooms | 2 | 2 | 0.0% |
| 3 Bedrooms | 8 | 10 | +25.0% |
| 4 Bedrooms | 0 | 1 | +100.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Bergen Square housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes remained the same, 3 bedroom homes increased by 25%, 4 bedroom homes increased by 100%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 0 | 2 | +100.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Bergen Square, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 2 homes were sold or pending in Bergen Square in November 2024, up by 100.0% month-over-month. Of the 2 sold homes, 50% were sold under asking, 0% were sold at asking, and 50% were sold over asking.
Days on Market for Bergen Square, NJ
How long does it take to sell a home in Bergen Square, NJ?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 44 Days | 36 Days | -17.0% |
Summary: Homes in Bergen Square had an average of 36 days on market in Nov 2024, down by 17% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Bergen Square are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 2 homes were sold in Bergen Square; 50% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
