$10,000 Closing Credit*
$899,900
4 Beds
•2 Full Baths, 1 Partial
Jeffrey S. Lattimer, Listing Office: Lattimer Realty
Is North Caldwell, NJ a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
Since last year, North Caldwell has remained a Seller's Market.
Key Takeaway
North Caldwell is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in North Caldwell, NJ
How much do homes in North Caldwell, NJ cost?
Median Sold Price
$975,000
-
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$137,500(+16.4%)
Key Takeaway
Homes in North Caldwell have sold for 16.4% more than they did a year ago.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $657.5K | $672.4K | +2.3% |
| 3 Bedrooms | $755K | $830K | +9.9% |
| 4 Bedrooms | $940K | $1.0M | +6.4% |
| 5+ Bedrooms | $1.3M | $1.4M | +8.1% |
Summary: North Caldwell 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 2.3%, 3 bedroom homes increased by 9.9%, 4 bedroom homes increased by 6.4%, and 5+ bedroom homes increased by 8.1%.
Median Sold Price Compared To Nearby Cities
| North Caldwell | $837.5K | $975K | +16.4% |
| Verona Township | $615K | $700K | +13.8% |
| Cedar Grove | $659.7K | $750K | +13.7% |
| Verona | $615K | $699.5K | +13.7% |
| Cedar Grove Township | $662.6K | $750K | +13.2% |
Housing Supply in North Caldwell, NJ
How many homes are available in North Caldwell, NJ?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 32 | 35 | +9.4% |
Summary: The North Caldwell real estate market had 35 homes for sale in November 2024, a 9.4% increase compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 0 | 2 | +100.0% |
| 3 Bedrooms | 4 | 5 | +25.0% |
| 4 Bedrooms | 12 | 12 | 0.0% |
| 5+ Bedrooms | 16 | 16 | 0.0% |
Summary: The North Caldwell housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 100%, 3 bedroom homes increased by 25%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 2 | 11 | +450.0% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
8 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in North Caldwell, you could pay more than the asking price. 72.7% of homes here sold above asking price last month.
Summary: A total of 11 homes were sold or pending in North Caldwell in November 2024, up by 450.0% month-over-month. Of the 11 sold homes, 27% were sold under asking, 0% were sold at asking, and 73% were sold over asking.
Days on Market for North Caldwell, NJ
We’re sorry, we don't have information for this market at the moment
