$3,978 Closing Credit*
$335,000
1,120 SqFt
2 Beds
•2 Full Baths
Listing Office: ELLEN ROSENBAUM REAL ESTATE
Is Three Bridges, 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, Three Bridges has remained a Seller's Market.
Key Takeaway
Three Bridges is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Three Bridges, NJ
How much do homes in Three Bridges, NJ cost?
Median Sold Price
$345,000
$306/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$75,000(+27.8%)
Key Takeaway
Homes in Three Bridges have sold for 27.8% more than they did a year ago.
Summary: The median home sold price in Three Bridges was $345,000 in October 2024, up 27.8% from last year, and the median price per square foot was $306.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $225K | $276K | +22.7% |
| 2 Bedrooms | $268.7K | $335K | +24.7% |
| 3 Bedrooms | $422.5K | $435K | +3.0% |
| 4 Bedrooms | $500K | $735K | +47.0% |
| 5+ Bedrooms | - | - | N/A |
Summary: Three Bridges housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 22.7%, 2 bedroom homes increased by 24.7%, 3 bedroom homes increased by 3%, 4 bedroom homes increased by 47%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| Three Bridges | $270K | $345K | +27.8% |
| Raritan Township | $483.7K | $590K | +22.0% |
| Readington Township | $599K | $665K | +11.0% |
| Hillsborough | $517.5K | $573.6K | +10.9% |
Housing Supply in Three Bridges, NJ
How many homes are available in Three Bridges, NJ?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 9 | 8 | -11.1% |
Summary: The Three Bridges real estate market had 8 homes for sale in October 2024, a 11.1% decrease compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 2 | 2 | 0.0% |
| 2 Bedrooms | 4 | 4 | 0.0% |
| 3 Bedrooms | 2 | 2 | 0.0% |
| 4 Bedrooms | 1 | 0 | -100.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Three Bridges 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 decreased by 100%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 4 | 2 | -50.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
1 Home Was Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Three Bridges, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 2 homes were sold or pending in Three Bridges in October 2024, down by 50.0% month-over-month. Of the 2 sold homes, 50% were sold under asking, 50% were sold at asking, and 0% were sold over asking.
Days on Market for Three Bridges, NJ
We’re sorry, we don't have information for this market at the moment
The data relating to real estate for sale on this web-site comes in part from the Internet Listing Display database of the CENTRAL JERSEY MULTIPLE LISTING SYSTEM. Real estate listings held by brokerage firms other than this site-owner are marked with the ILD logo. The CENTRAL JERSEY MULTIPLE LISTING SYSTEM does not warrant the accuracy, quality, reliability, suitability, completeness, usefulness or effectiveness of any information provided. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify properties the consumer may be interested in purchasing or renting. Copyright 2024, CENTRAL JERSEY MULTIPLE LISTING SYSTEM. All Rights Reserved. The CENTRAL JERSEY MULTIPLE LISTING SYSTEM retains all rights, title and interest in and to its trademarks, service marks and copyrighted material.