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New Jersey Real Estate

Explore New Jersey.

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Local agents across New Jersey.

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Source: Realtor.com Economic Research, state-level data for September 2026. Market data is updated periodically and deemed reliable but not guaranteed.

About New Jersey real estate

New Jersey real estate cannot be discussed without property taxes. They reshape what's affordable, where buyers settle, and how long they stay.

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Expert take: Tight inventory in NYC commuter towns. Jersey Shore runs hot for second-home buyers. Property tax burden is the dominant cost concern.

By the Numbers

  • $559,500Median listing price statewide
  • 24Active NJ REALTORS® on this network
  • 9.50 millionPopulation
  • TrentonCapital
  • eXp Realty New JerseyBrokerage

New Jersey market snapshot: September 2026

Source: Realtor.com Economic Research, state-level data for September 2026. Market data is updated periodically and deemed reliable but not guaranteed.

  • Median listing price$559,500+0.4% YoY
  • Days on market45median
  • Active listings21,000+on market
  • YoY price change+0.4%12-month

New Jersey through experienced eyes

Find a Home Network Perspective Authored by the Find a Home Network.

What makes New Jersey different.

New Jersey is the most densely populated US state. Property taxes are the highest in the country, which significantly affects affordability calculations.

Current conditions.

New Jersey's median listing price is $559,500, with homes taking a median 45 days to sell and 21,000+ active listings. Read New Jersey by metro, not by state.

The single biggest trend.

Tight inventory in NYC commuter towns. Jersey Shore runs hot for second-home buyers. Property tax burden is the dominant cost concern.

Where to look in New Jersey

  • Newark/Jersey City (NYC metro NJ side)

    NYC commuter belt. Submarkets: Hoboken/Jersey City urban premium, Montclair suburbs, Short Hills/Millburn luxury suburbs.

  • Philadelphia metro NJ side (Camden, Cherry Hill)

    Philly commuter belt. More affordable than NYC suburbs.

  • Atlantic City-Hammonton

    South Jersey. Casino economy.

  • Trenton-Princeton

    State capital. Princeton University drives a premium submarket.

  • Jersey Shore (Ocean County)

    Heavy second-home demand.

Schools & Education

New Jersey public school districts include Millburn, Princeton, West Windsor-Plainsboro, and Tenafly.

Climate & Weather

Humid subtropical in the south, humid continental in the north. Hot, humid summers. Mild to cold winters depending on region.

Questions buyers and sellers ask us most

How much do I need for a down payment in New Jersey?

For conventional loans, 20% down on the New Jersey median of $559,500 would be $111,900. Most New Jersey buyers close with 3-5% down via conventional, FHA (3.5% down), or VA (0% for eligible service members). Check with a local lender.

What is the best time of year to buy a home in New Jersey?

Late summer through early fall is historically the most favorable buyer window across most US markets, and New Jersey follows this pattern. Spring has the most inventory but the most competition. Winter has the least of both.

Can I buy a home in New Jersey without seeing it in person?

Yes. A local REALTOR® running video walkthroughs, paired with a thorough inspection contingency, makes a remote purchase manageable. Most New Jersey agents are comfortable with this workflow.

How long does it take to close on a home in New Jersey?

30-45 days is typical for a financed purchase, and 14-21 days is achievable for cash. The bottleneck is usually appraisal and lender underwriting, not title work.

Guidance That Moves You Forward

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