$10,000 Closing Credit*
$1,257,440
3 Beds
•2 Full Baths, 2 Partial
Stephanie Posnak, Listing Office: Toll Brothers Real Estate, Inc
Is Saddle River, NJ a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Since last month, Saddle River has remained a Buyer's Market.
Key Takeaway
Saddle River is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Saddle River, NJ
How much do homes in Saddle River, NJ cost?
Median Sold Price
$2,295,000
-
Based on all homes sold in October 2024.
Difference Since Last Month
-$1,805,000(-44.0%)
Key Takeaway
Homes in Saddle River have sold for 44% less than they did a month ago.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | - | - | N/A |
| 3 Bedrooms | - | - | N/A |
| 4 Bedrooms | - | $2.2M | N/A |
| 5+ Bedrooms | $4.1M | - | N/A |
Summary: Saddle River housing prices by bedroom type for October 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes did not change, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| Allendale | $960K | $1.0M | +11.7% |
| Saddle River | $4.1M | $2.2M | -44.0% |
Housing Supply in Saddle River, NJ
How many homes are available in Saddle River, NJ?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 24 | 28 | +16.7% |
Summary: The Saddle River real estate market had 28 homes for sale in October 2024, a 16.7% 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 | 4 | 4 | 0.0% |
| 4 Bedrooms | 3 | 5 | +66.7% |
| 5+ Bedrooms | 17 | 19 | +11.8% |
Summary: The Saddle River 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 remained the same, 4 bedroom homes increased by 66.7%, and 5+ bedroom homes increased by 11.8%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 1 | 1 | 0.0% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Saddle River, expect to pay close to the asking price. 100% of homes here sold near the asking price last month.
Summary: A total of 1 homes were sold or pending in Saddle River in October 2024, the same as the previous month. Of the 1 sold homes, 0% were sold under asking, 100% were sold at asking, and 0% were sold over asking.
Days on Market for Saddle River, NJ
We’re sorry, we don't have information for this market at the moment
