$10,000 Closing Credit*
$1,149,000
3 Beds
•3 Full Baths, 2 Partial
Listing Office: COLDWELL BANKER REALTY
Housing Prices in New Vernon, NJ
How much do homes in New Vernon, NJ cost?
Median List Price
$2,142,000
-
Based on all homes listed in the last 12 months.
Difference Since October 2023
+$1,197,000(+126.7%)
Key Takeaway
The list price of homes in New Vernon has increased by 126.7% since last year.
Median List Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $650K | - | N/A |
| 3 Bedrooms | $914K | $979.5K | +7.2% |
| 4 Bedrooms | $1.2M | $1.8M | +47.8% |
| 5+ Bedrooms | - | $2.7M | N/A |
Summary: New Vernon housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes increased by 7.2%, 4 bedroom homes increased by 47.8%, and 5+ bedroom homes did not change.
Median List Price Compared To Nearby Cities
| New Vernon | $945K | $2.1M | +126.7% |
| Harding Township | $1.4M | $1.7M | +19.0% |
| Millington | $725K | $814K | +12.3% |
| Gillette | $559K | $599K | +7.2% |
Housing Supply in New Vernon, NJ
How many homes are available in New Vernon, NJ?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 3 | 5 | +66.7% |
Summary: The New Vernon real estate market had 5 homes for sale in October 2024, a 66.7% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 0 | 0 | 0.0% |
| 3 Bedrooms | 1 | 2 | +100.0% |
| 4 Bedrooms | 1 | 1 | 0.0% |
| 5+ Bedrooms | 1 | 2 | +100.0% |
Summary: The New Vernon 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 100%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 100%.
Days on Market for New Vernon, NJ
How long does it take to sell a home in New Vernon, NJ?
Average Listing Age
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 98 Days | 42 Days | -56.3% |
Summary: Homes in New Vernon had an average listing age of 42 days in Oct 2024, down by 56.3% compared to the previous year.
