$6,709 Closing Credit*
$565,000
4 Beds
•1 Full Bath, 2 Partial
Maria V. Zacchino, Listing Office: Elite Realtors of New Jersey
Is Rochelle Park Township, NJ a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
At the same time last year, Rochelle Park Township was a Seller's Market.
Key Takeaway
Rochelle Park Township is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Rochelle Park Township, NJ
How much do homes in Rochelle Park Township, NJ cost?
Median Sold Price
$550,000
-
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$28,000(+5.4%)
Key Takeaway
Homes in Rochelle Park Township have sold for 5.4% more than they did a year ago.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $337.5K | - | N/A |
| 2 Bedrooms | $350K | $560K | +60.0% |
| 3 Bedrooms | $545K | $550K | +0.9% |
| 4 Bedrooms | $523.5K | $537K | +2.6% |
| 5+ Bedrooms | $625K | $705K | +12.8% |
Summary: Rochelle Park Township 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 increased by 60%, 3 bedroom homes increased by 0.9%, 4 bedroom homes increased by 2.6%, and 5+ bedroom homes increased by 12.8%.
Median Sold Price Compared To Nearby Cities
| Rochelle Park Township | $522K | $550K | +5.4% |
| Rochelle Park | $522K | $550K | +5.4% |
| Maywood | $542.5K | $562K | +3.6% |
Housing Supply in Rochelle Park Township, NJ
How many homes are available in Rochelle Park Township, NJ?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 10 | 12 | +20.0% |
Summary: The Rochelle Park Township real estate market had 12 homes for sale in October 2024, a 20.0% 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 | 2 | 2 | 0.0% |
| 3 Bedrooms | 5 | 6 | +20.0% |
| 4 Bedrooms | 2 | 3 | +50.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Rochelle Park Township 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 20%, 4 bedroom homes increased by 50%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 2 | 1 | -50.0% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Rochelle Park Township, you could pay more than the asking price. 100% of homes here sold above asking price last month.
Summary: A total of 1 homes were sold or pending in Rochelle Park Township in October 2024, down by 50.0% month-over-month. Of the 1 sold homes, 0% were sold under asking, 0% were sold at asking, and 100% were sold over asking.
Days on Market for Rochelle Park Township, NJ
We’re sorry, we don't have information for this market at the moment
