$2,968 Closing Credit*
$249,900
2 Beds
•2 Full Baths, 1 Partial
Listing Office: WEICHERT REALTORS
Is Lincoln Park, NJ a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
Since last year, Lincoln Park has remained a Seller's Market.
Key Takeaway
Lincoln Park is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Lincoln Park, NJ
How much do homes in Lincoln Park, NJ cost?
Median Sold Price
$475,000
-
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$45,500(+10.6%)
Key Takeaway
Homes in Lincoln Park have sold for 10.6% more than they did a year ago.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $263.2K | $318.4K | +21.0% |
| 2 Bedrooms | $385K | $422.5K | +9.7% |
| 3 Bedrooms | $471.5K | $501.2K | +6.3% |
| 4 Bedrooms | $530K | $577.5K | +9.0% |
| 5+ Bedrooms | $645K | $751K | +16.4% |
Summary: Lincoln Park housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 21%, 2 bedroom homes increased by 9.7%, 3 bedroom homes increased by 6.3%, 4 bedroom homes increased by 9%, and 5+ bedroom homes increased by 16.4%.
Median Sold Price Compared To Nearby Cities
| Wayne | $610K | $682.5K | +11.9% |
| Wayne Township | $610K | $682K | +11.8% |
| Fairfield Township | $640K | $715K | +11.7% |
| Lincoln Park | $429.5K | $475K | +10.6% |
| Pequannock | $530K | $555K | +4.7% |
Housing Supply in Lincoln Park, NJ
How many homes are available in Lincoln Park, NJ?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 34 | 36 | +5.9% |
Summary: The Lincoln Park real estate market had 36 homes for sale in October 2024, a 5.9% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 10 | 10 | 0.0% |
| 3 Bedrooms | 9 | 12 | +33.3% |
| 4 Bedrooms | 11 | 12 | +9.1% |
| 5+ Bedrooms | 3 | 1 | -66.7% |
Summary: The Lincoln Park housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes increased by 33.3%, 4 bedroom homes increased by 9.1%, and 5+ bedroom homes decreased by 66.7%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 9 | 9 | 0.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
8 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Lincoln Park, you could pay more than the asking price. 88.9% of homes here sold above asking price last month.
Summary: A total of 9 homes were sold or pending in Lincoln Park in October 2024, the same as the previous month. Of the 9 sold homes, 11% were sold under asking, 0% were sold at asking, and 89% were sold over asking.
Days on Market for Lincoln Park, NJ
We’re sorry, we don't have information for this market at the moment
Information Deemed Reliable But Not Guaranteed. The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which participates, and is provided by BRIGHT through a licensing agreement. 
The data relating to real estate for sale on this web site comes in part from the Internet Data exchange (“IDX”) program of the Monmouth/Ocean MLS Monmouth County Association Board of Realtors. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Real estate listings held by other brokerage firms are indicated by detailed information about them such as the name of the listing firms. Information deemed reliable but not guaranteed. Copyright © 2024 Monmouth/Ocean MLS Monmouth County Association Board of Realtors. All Rights Reserved.