3rd Ward Housing Market Report February 2025•Passaic County, New Jersey

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Housing Prices in 3rd Ward, NJ

How much do homes in 3rd Ward, NJ cost?

Median List Price

Median List Price
This is the middle price for which all homes in a given area are listed. Half of all the homes sold were below this price, and half were above.
$474,950$235/SqFt
+$79,950
+20.2%

Based on all homes listed in the last 12 months

Insight

The list price of homes in 3rd Ward has increased by 20.2% since last year.

Summary: The median home list price in 3rd Ward was $474,950 in February 2025, up 20.2% from the previous year, and the median price per square foot was $235.

Median List Price By Neighborhoods

Median List Price By Neighborhoods
This is the middle price for which all homes in the area were sold compared to surrounding cities. Half of all the homes sold were below this price, and half were above.
CityChange YoY
4th Ward
+55.0%
Riverside
+27.2%
3rd Ward
+20.2%
Manor Section
+20.1%
Eastside Park
+3.1%

Median List Price By Bedrooms

Median List Price By Bedrooms
This is the middle price for all homes actively listed in an area broken out by the number of bedrooms. Half of the homes are listed below this price, and half are above.
BedsFeb 2024Feb 2025Change YoY
1$149.9K$162K
+8.1%
2$219.9K$289.9K
+31.9%
3$409.9K$432.4K
+5.5%
4$459.5K$493.9K
+7.5%
5$499.9K$549.9K
+10.0%

Summary: 3rd Ward housing price by bedroom type for February 2025, compared to the previous year. The home price for 1 bedroom homes increased by +8.1%. The home price for 2 bedroom homes increased by +31.9%. The home price for 3 bedroom homes increased by +5.5%. The home price for 4 bedroom homes increased by +7.5%. The home price for 5 bedroom homes increased by +10.0%.

How does 3rd Ward, NJ compare with other places?

Market comparison tool

Data and numbers shown are subject to change and may vary based on different timeframes.

3rd Ward, NJ

Housing supply in 3rd Ward, NJ

How many homes are available in 3rd Ward, NJ?

Number of Homes For Sale

Number of Homes For Sale
This is the total number of homes actively listed in an area.
Last Month2 months agoChange MoM
25Last MonthFeb 2025
212 months agoJan 2025
+19.0 %
Change MoMJan – Feb

Summary: The 3rd Ward real estate market had 25 homes for sale in Feb 2025, a 19.0 % increase compared to Jan 2025.

Homes For Sale By Bedroom Count

Homes For Sale By Bedroom Count
This is the total number of homes actively listed in an area by number of bedrooms.
BedsJan 2025Feb 2025Change MoM
100
0.0%
232
-33.3%
334
+33.3%
468
+33.3%
5911
+22.2%

Summary: 3rd Ward housing inventory by bedroom type for February 2025, compared to the previous month. The inventory for 1 bedroom homes remained the same. The inventory for 2 bedroom homes decreased by -33.3%. The inventory for 3 bedroom homes increased by +33.3%. The inventory for 4 bedroom homes increased by +33.3%. The inventory for 5 bedroom homes increased by +22.2%.

Asking Price vs. Sold Price

How much do homes in 3rd Ward, NJ cost?

Asking Price vs. Sold Price

The asking price is how much a home is listed for. The selling price is how much the home actually sold for.

Under Asking

Homes that sold for less than the asking price

At Asking

Homes that sold at their asking price

Over Asking

Homes that sold above the asking price

Over Asking Price1 Home

At Asking Price0 Home

Under Asking Price0 Home

Insight

If you're buying a home in 3rd Ward, you could pay more than the asking price. 100% of homes here sold above asking price last month.

Summary: A total of 1 homes were sold or pending in 3rd Ward in February 2025, down by 66.7% month-over-month. Of the 1 sold homes, 0% were sold under asking, 0% were sold at asking, and and 100% were sold over asking.

Days on Market for 3rd Ward, NJ

How long does it take to sell a home in 3rd Ward, NJ?

Average Listing Age

Average Listing Age
This is the average number of days an active home has been on the market.
This Year1 year agoChange YoY
67 DaysThis YearFeb 2025
155 Days1 year agoFeb 2024
-56.5 %
Change YoYFeb 2024 – Feb 2025

Summary: Homes in 3rd Ward had an average listing age of 67 days in Feb 2025, down by 56.5% compared to the previous year.

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Newest Listings in 3rd Ward, NJ

What homes are available in 3rd Ward, NJ?

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MLS Disclaimers and Copyright

Based on information from Garden State MLS, and New Jersey MLS for the period 03/01/2023 - 03/01/2025

Information deemed reliable but not guaranteed. Copyright © 2025 Garden State Multiple Listing Service, L.L.C. All rights reserved.

Disclaimer: The data relating to real estate for sale on this website comes in part from the IDX Program of Garden State Multiple Listing Service, L.L.C. Real estate listings held by other brokerage firms are marked as an IDX Listing. Information deemed reliable but not guaranteed.

Notice: The dissemination of listings displayed herein does not constitute the consent required by N.J.A.C. 11:5.6.1 (n) for the advertisement of listings exclusively for sale by another broker. Any such consent must be obtained in writing from the listing broker.

The information on this web site is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. We are not responsible or liable for misinformation, misprints, or typographical errors. All information provided is deemed reliable but is not guaranteed and should be independently verified through personal inspection by and/or with the appropriate professionals. Properties subject to prior sale, change, withdrawal or rental.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 3/13/2025, 1:55:47 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
IDXDisclaimer: The data relating to the real estate for sale on this web site comes in part from the Internet Data Exchange Program of the NJMLS. Real estate listings held by brokerage firms other than Rocket Homes Real Estate, LLC are marked with the Internet Data Exchange logo and information about them includes the name of the listing brokers. Information provided is for consumer’s personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Some properties listed with the participating brokers do not appear on this website at the request of the seller. Listings of brokers that do not participate in Internet Data Exchange do not appear on this website.

All information deemed reliable but not guaranteed. Source: New Jersey Multiple Listing Service, Inc. Copyright© 2025 New Jersey Multiple Listing Service, Inc. All rights reserved.

Rocket Homes Real Estate, 701 Griswold St, Suite 21, Detroit, MI 48226

Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 3/13/2025, 4:20:53 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.