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For Northern NJ | April, 2025
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Montvale Growth Surge: Housing Market Insights Revealed
Montville Growth Surge: Housing Market Insights Revealed
Is your town breaking growth records?
Well, guess what—the Pascack Valley region is experiencing record-breaking year-over-year growth! Our growth percentages are soaring, far surpassing expectations.
On average, we typically see about 5% year-over-year growth, but right now, some towns are leading the way with even higher numbers. Woodcliff Lake is at the top with an impressive 9% growth, followed closely by Rivervale, Washington Township, Park Ridge, Montville, and Upper Saddle River.
📉 Months of Supply: Homes Are Selling Fast!
With this level of growth, it's no surprise that months of supply are at historic lows. This means that if no new homes hit the market, certain towns could run out of listings in less than two months!
Take Montville, for example. I haven’t seen inventory this low in a long time. If no new homes list in the next two weeks, Montville could have zero homes for sale! It’s a hotspot right now, attracting buyers who love its:
✅ Easy access to major highways
✅ Train station convenience
✅ Charming town center
✅ Great shopping & amenities
📊 Montville Market Insights
✔️ We are in a strong seller’s market with extremely low inventory.
✔️ Month-over-month, inventory has dropped by 26%—that’s huge!
✔️ The median home price has surged nearly 5% year-over-year and 2.2% just last month.
✔️ Montville’s median home price is now close to $1 million! 🚀
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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
Montvale Growth Surge: Housing Market Insights Revealed
Montville Growth Surge: Housing Market Insights Revealed
Is your town breaking growth records?
Well, guess what—the Pascack Valley region is experiencing record-breaking year-over-year growth! Our growth percentages are soaring, far surpassing expectations.
On average, we typically see about 5% year-over-year growth, but right now, some towns are leading the way with even higher numbers. Woodcliff Lake is at the top with an impressive 9% growth, followed closely by Rivervale, Washington Township, Park Ridge, Montville, and Upper Saddle River.
📉 Months of Supply: Homes Are Selling Fast!
With this level of growth, it's no surprise that months of supply are at historic lows. This means that if no new homes hit the market, certain towns could run out of listings in less than two months!
Take Montville, for example. I haven’t seen inventory this low in a long time. If no new homes list in the next two weeks, Montville could have zero homes for sale! It’s a hotspot right now, attracting buyers who love its:
✅ Easy access to major highways
✅ Train station convenience
✅ Charming town center
✅ Great shopping & amenities
📊 Montville Market Insights
✔️ We are in a strong seller’s market with extremely low inventory.
✔️ Month-over-month, inventory has dropped by 26%—that’s huge!
✔️ The median home price has surged nearly 5% year-over-year and 2.2% just last month.
✔️ Montville’s median home price is now close to $1 million! 🚀
