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Central Bergen County Real Estate Market Update – March 2025
Hey everyone! Kelly Weber with Keller Williams here, bringing you this month’s Central Bergen County real estate market update. Let’s jump right in and break down the latest trends in some of our key towns: Oradell, River Edge, Emerson, New Milford, Bergenfield, and Dumont.
Every Town is Up!
This month, every town in Central Bergen County has experienced growth! Take a look at these median home values – year-over-year appreciation is phenomenal. However, inventory remains low in many areas, continuing to favor sellers.
Market Highlights by Town
🔹 Oradell
Less than one month of inventory
Sold-to-list price ratio: 105.3% 💯
Median days on market: 22
Median sold price: $1.5M
🔹 River Edge
Less than one month of inventory
Sold-to-list price ratio: 105.3%
Median days on market: Higher than last month
Median sold price: $750K
🔹 Emerson
Less than one month of inventory
Homes are selling so fast that additional data isn’t available this month
Emerson is quickly becoming a hot market! Now is the time to buy or sell.
🔹 New Milford
1.4 months of inventory
Sold-to-list price ratio: Consistent with other towns
Median days on market: Stable
Median sold price: $600K
🔹 Dumont
Just under 2 months of inventory
Sold-to-list price ratio: In line with market trends
Median days on market: Steady
Median sold price: $576,500
🔹 Bergenfield
Less than 2 months of inventory
Sold-to-list price ratio: 103.9%
Strong seller’s market despite slightly higher inventory levels
What This Means for Buyers & Sellers✅
Sellers: Homes are selling quickly, often with multiple offers over asking price. If your home isn’t moving, pricing is likely the issue. Let’s schedule a strategy session to maximize your home’s value!
Buyers: It’s essential to be pre-approved and have a strong strategy in place to win in this competitive market.
Spring is just around the corner, and we’re expecting a red-hot market. Now is the time to take action! Click the link below to connect. 💚 Looking forward to seeing you next month with another update!
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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.
Central Bergen County Real Estate Market Update – March 2025
Hey everyone! Kelly Weber with Keller Williams here, bringing you this month’s Central Bergen County real estate market update. Let’s jump right in and break down the latest trends in some of our key towns: Oradell, River Edge, Emerson, New Milford, Bergenfield, and Dumont.
Every Town is Up!
This month, every town in Central Bergen County has experienced growth! Take a look at these median home values – year-over-year appreciation is phenomenal. However, inventory remains low in many areas, continuing to favor sellers.
Market Highlights by Town
🔹 Oradell
Less than one month of inventory
Sold-to-list price ratio: 105.3% 💯
Median days on market: 22
Median sold price: $1.5M
🔹 River Edge
Less than one month of inventory
Sold-to-list price ratio: 105.3%
Median days on market: Higher than last month
Median sold price: $750K
🔹 Emerson
Less than one month of inventory
Homes are selling so fast that additional data isn’t available this month
Emerson is quickly becoming a hot market! Now is the time to buy or sell.
🔹 New Milford
1.4 months of inventory
Sold-to-list price ratio: Consistent with other towns
Median days on market: Stable
Median sold price: $600K
🔹 Dumont
Just under 2 months of inventory
Sold-to-list price ratio: In line with market trends
Median days on market: Steady
Median sold price: $576,500
🔹 Bergenfield
Less than 2 months of inventory
Sold-to-list price ratio: 103.9%
Strong seller’s market despite slightly higher inventory levels
What This Means for Buyers & Sellers✅
Sellers: Homes are selling quickly, often with multiple offers over asking price. If your home isn’t moving, pricing is likely the issue. Let’s schedule a strategy session to maximize your home’s value!
Buyers: It’s essential to be pre-approved and have a strong strategy in place to win in this competitive market.
Spring is just around the corner, and we’re expecting a red-hot market. Now is the time to take action! Click the link below to connect. 💚 Looking forward to seeing you next month with another update!