Don't miss out on local tips, events and market insights.
CLICK PLAY FOR YOUR LATEST MARKET UPDATE
For Northern NJ | April, 2025
Hope you got value from our market update. If you ever want the specifics for your neighborhood, send us an email and we'll share the data with you.
More Market Updates in Your Area!
Eastern Bergen County Real Estate: Market Trends You Can't Miss
Exciting Trends in Eastern Bergen County Real Estate
Welcome to the vibrant world of Eastern Bergen County real estate! I'm Stacey Esser with the Stacey Esser Group, and I'm thrilled to share the latest insights and trends in our local market. If you’re curious about what’s happening in your neighborhood, you’re in the right place.
Market Overview: A Snapshot of Growth
As we dive into the Eastern Bergen County real estate landscape, it's clear that exciting changes are underway. Most towns in the area are experiencing upward trends, with year-over-year growth, low active inventory, and a decreasing months of supply. These factors indicate a robust market that continues to thrive, defying national trends.
It's essential to focus on local dynamics rather than the broader national market, which can sometimes mislead potential buyers and sellers. In Eastern Bergen County, we're seeing significant increases in median prices, coupled with low inventory levels. This trend is expected to continue, particularly as we transition from February into March, a time when inventory typically begins to rise.
Understanding Inventory and Demand
As we analyze specific towns, let’s take a closer look at Tenafly. Currently, there are just 14 active listings in March—a notably low number. Among these listings, three have just come on the market, including a stunning new construction that I’m excited to highlight. This six-bedroom, five-bathroom home boasts luxurious features such as wide oak flooring, a high-end kitchen with Thermador appliances, and a spacious, fenced-in yard. Its prime location across from a top-tier elementary school makes it especially appealing for families.
The demand in Tenafly is palpable. Properties are moving quickly, often within days of being listed. For example, a home we listed recently received multiple offers and was under contract in just 24 hours—a testament to the competitive nature of our market right now.
Pricing Trends and Market Insights
If you’re curious about pricing in Tenafly, here's a snapshot of what you can expect. For around $985,000, you can find a lovely four-bedroom home that combines space and comfort—one of the few offerings under a million in the area. Additionally, for those looking at higher price points, there are options available up to $7 million, pushing the boundaries of what Tenafly has seen historically.
Interestingly, market data shows that about 11% of listings are in the $4 million range, and another significant portion lies between $2 to $3 million. This distribution indicates a healthy demand across various segments, making it an exciting time for both buyers and sellers.
Future Outlook: What Lies Ahead
As we look forward, one key question remains: Will Tenafly break the $7 million ceiling? Currently, there are two properties listed above this threshold, and it will be intriguing to see how the market responds.
External factors, such as stock market fluctuations and tariff concerns, could potentially influence buyer behavior, but for now, demand remains strong. The upcoming spring market is poised to bring more inventory, and it’s an exhilarating time to be involved in Eastern Bergen County real estate.
Conclusion: Let’s Connect
Whether you’re a current homeowner, a prospective buyer, or simply interested in the market, I’m here to help you navigate this exciting landscape. At the Stacey Esser Group, we offer personalized consultations to help enhance your property’s value, whether you’re looking to sell or simply want to improve your home.
If you have any specific questions or want to discuss your real estate needs, don’t hesitate to reach out. I look forward to connecting with you soon!
Stay healthy, stay safe, and let’s keep the conversation going about Eastern Bergen County real estate!
Upcoming Luxury
Open Houses
⬇️Get access to Privately Listed Homes For Sale ⬇️
Many sellers choose to list their homes privately before they go public. We have access to 45+ homes for sale in our office exclusives. Don't miss out on the home of your dreams because someone else saw it first. Get access!
Hurry, these spectacular homes go fast!
100% Secure. We value your privacy.
By submitting your email and phone number in the forms on our site, you give
consent to receiving occasional emails and SMS text messages about offers,
or other information, from us.
what's happening around town!
Latest around Northern NJ
Buyers Locked Out of Market
Featured on CBS Mornings, The Buyer struggle across Bergen, Passaic and Hudson County
5 Reasons NOT to Move to Northern NJ in 2024
We'll discuss 5 important factors to consider before making the move to Northern NJ!
Don't Sell Until You Watch this!
Learn 3 Simple ways to know it's time to sell your home! And spoiler alert - it's not the most obvious!
Sell Your Home for Top Dollar in Northern NJ!
How to sell your home for the most money as featured on NBC Today
Upgrading Your Home? Don't do this!
Planning to upgrade your home? 🏠 Before you dive in, make sure to avoid these common mistakes that could negatively impact your home's value!
What you need to know about NAR!
If you are buying in NJ, this video will share exactly what you need to know about hiring a buyers agent!
Top Appreciating Towns
Top 3 Local Event Picks
What's Happening This Month in Northern NJ!
Get our Free Guide to
"Value-Up™ Your Home"
Our Value-Up™ Your Home eBook Was Written To
Give You A Better Understanding of how to transform your home's value in Northern NJ! Get Yours FREE today!
Available for a limited time!
I agree to terms & conditions provided by SEG KW Town Life. By providing my email and phone number, I agree to receive messages from SEG KW Town Life.
Buying or Selling in Northern NJ? Don't miss out on our latest Fall SEGInsider - A full guide to the housing market in Northern NJ.
Report Cards by Town
Brought to you by Niche.com
Check out Niche's 2024 Best Places to Live in Bergen County here
Bergen County, NJ
Bergen County, New Jersey, has a population of 953,243 and is considered one of the best places to live in the state. Most residents own their homes, and the area offers many bars, restaurants, coffee shops, and parks. It attracts young professionals, with residents generally leaning liberal. The public schools in Bergen County are highly rated.
Tenafly, NJ
Tenafly, a suburb of New York City in Bergen County with a population of 15,299, is one of the best places to live in New Jersey. Most residents own their homes and enjoy a suburban feel with numerous restaurants, coffee shops, and parks. The town attracts families, and residents generally hold moderate political views. Tenafly’s public schools are highly rated.
Oradell, NJ
Oradell, a New York City suburb in Bergen County with a population of 8,208, is considered one of the best places to live in New Jersey. Residents enjoy a suburban feel, with most owning their homes. The town has plenty of coffee shops and parks and is popular among retirees. Oradell residents generally lean conservative, and the public schools are highly rated.
Hawthorne, NJ
Hawthorne, a suburb of New York City in Passaic County with a population of 19,456, offers a dense suburban feel with many restaurants, coffee shops, and parks. It attracts families and young professionals, with residents generally leaning liberal. The public schools are rated above average.
Demarest, NJ
Demarest, a New York City suburb in Bergen County with a population of 4,930, is considered one of the best places to live in New Jersey. It has a rural atmosphere, with most residents owning their homes. The community generally holds moderate political views, and the public schools are highly rated.
Closter, NJ
Closter, a New York City suburb in Bergen County with a population of 8,555, is highly rated as a place to live in New Jersey. It provides a rural feel, and most residents own their homes. The community tends toward moderate political views, and the public schools are highly rated.
Montvale, NJ
Montvale, a New York City suburb in Bergen County with a population of 8,413, is known as one of New Jersey’s top places to live. It offers a sparse suburban atmosphere, with most residents owning their homes. The area attracts many young professionals, and the community generally leans conservative. Montvale’s public schools are highly rated.
Upper Saddle River, NJ
Upper Saddle River, a New York City suburb in Bergen County with a population of 8,313, is highly rated as a place to live in New Jersey. It offers a rural feel, with most residents owning their homes and enjoying the town’s numerous parks. Residents tend to hold moderate political views, and the public schools are highly rated.
Woodcliff Lake, NJ
Woodcliff Lake, a New York City suburb in Bergen County with a population of 6,096, is highly regarded as a place to live in New Jersey. It provides a sparse suburban feel, with most residents owning their homes and enjoying many coffee shops and parks. The community leans conservative, and the public schools are highly rated.
Real Estate Insights, Home Tips & More
Eastern Bergen County Real Estate: Market Trends You Can't Miss
Exciting Trends in Eastern Bergen County Real Estate
Welcome to the vibrant world of Eastern Bergen County real estate! I'm Stacey Esser with the Stacey Esser Group, and I'm thrilled to share the latest insights and trends in our local market. If you’re curious about what’s happening in your neighborhood, you’re in the right place.
Market Overview: A Snapshot of Growth
As we dive into the Eastern Bergen County real estate landscape, it's clear that exciting changes are underway. Most towns in the area are experiencing upward trends, with year-over-year growth, low active inventory, and a decreasing months of supply. These factors indicate a robust market that continues to thrive, defying national trends.
It's essential to focus on local dynamics rather than the broader national market, which can sometimes mislead potential buyers and sellers. In Eastern Bergen County, we're seeing significant increases in median prices, coupled with low inventory levels. This trend is expected to continue, particularly as we transition from February into March, a time when inventory typically begins to rise.
Understanding Inventory and Demand
As we analyze specific towns, let’s take a closer look at Tenafly. Currently, there are just 14 active listings in March—a notably low number. Among these listings, three have just come on the market, including a stunning new construction that I’m excited to highlight. This six-bedroom, five-bathroom home boasts luxurious features such as wide oak flooring, a high-end kitchen with Thermador appliances, and a spacious, fenced-in yard. Its prime location across from a top-tier elementary school makes it especially appealing for families.
The demand in Tenafly is palpable. Properties are moving quickly, often within days of being listed. For example, a home we listed recently received multiple offers and was under contract in just 24 hours—a testament to the competitive nature of our market right now.
Pricing Trends and Market Insights
If you’re curious about pricing in Tenafly, here's a snapshot of what you can expect. For around $985,000, you can find a lovely four-bedroom home that combines space and comfort—one of the few offerings under a million in the area. Additionally, for those looking at higher price points, there are options available up to $7 million, pushing the boundaries of what Tenafly has seen historically.
Interestingly, market data shows that about 11% of listings are in the $4 million range, and another significant portion lies between $2 to $3 million. This distribution indicates a healthy demand across various segments, making it an exciting time for both buyers and sellers.
Future Outlook: What Lies Ahead
As we look forward, one key question remains: Will Tenafly break the $7 million ceiling? Currently, there are two properties listed above this threshold, and it will be intriguing to see how the market responds.
External factors, such as stock market fluctuations and tariff concerns, could potentially influence buyer behavior, but for now, demand remains strong. The upcoming spring market is poised to bring more inventory, and it’s an exhilarating time to be involved in Eastern Bergen County real estate.
Conclusion: Let’s Connect
Whether you’re a current homeowner, a prospective buyer, or simply interested in the market, I’m here to help you navigate this exciting landscape. At the Stacey Esser Group, we offer personalized consultations to help enhance your property’s value, whether you’re looking to sell or simply want to improve your home.
If you have any specific questions or want to discuss your real estate needs, don’t hesitate to reach out. I look forward to connecting with you soon!
Stay healthy, stay safe, and let’s keep the conversation going about Eastern Bergen County real estate!
