New - 1 day on Rocket
$8,301 Closing Credit¹
#3946858, Listing Office: SIGNATURE REALTY NJ
Berkeley Heights Township Housing Market Report January 2025•Union County, New Jersey
Housing Prices in Berkeley Heights Township, NJ
How much do homes in Berkeley Heights Township, NJ cost?
Housing Market Conditions
Is Berkeley Heights Township, NJ a buyer’s or seller’s market?
Seller'sMarket
Buyer'sMarket
Berkeley Heights Township is a Seller's Market
Difference Since January 2024
Since last year, Berkeley Heights Township has remained a Seller's Market.
Insight
Berkeley Heights Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Median Sold Price
$855,125$394/SqFt
+$120,125
+16.3%
Based on all homes sold in the last 12 months
Insight
Homes in Berkeley Heights Township have sold for 16.3% more than they did a year ago.
Summary: The median home sold price in Berkeley Heights Township was $855,125 in January 2025, up 16.3% from last year, and the median price per square foot was $394.
Median Sold Price By Cities
| City | Jan 2024 | Jan 2025 | Change YoY |
|---|---|---|---|
| Berkeley Heights | $730K | $851.1K | +16.6% |
| Berkeley Heights Township | $735K | $855.1K | +16.3% |
| New Providence | $799K | $912.5K | +14.2% |
| Watchung | $914K | $982.5K | +7.5% |
| Gillette | $597.7K | $615K | +2.9% |
Median Sold Price By Bedrooms
| Beds | Jan 2024 | Jan 2025 | Change YoY |
|---|---|---|---|
| 11 Bedroom | $217.5K | $310K | +42.5% |
| 22 Bedrooms | $450K | $485K | +7.8% |
| 33 Bedrooms | $594K | $757K | +27.4% |
| 44 Bedrooms | $810K | $962K | +18.8% |
| 55+ Bedrooms | $920K | $1.1M | +29.1% |
Summary: Berkeley Heights Township housing price by bedroom type for January 2025, compared to the previous year. The home price for 1 bedroom homes increased by +42.5%. The home price for 2 bedroom homes increased by +7.8%. The home price for 3 bedroom homes increased by +27.4%. The home price for 4 bedroom homes increased by +18.8%. The home price for 5 bedroom homes increased by +29.1%.
Housing supply in Berkeley Heights Township, NJ
How many homes are available in Berkeley Heights Township, NJ?
Number of Homes For Sale
| Last Month | 2 months ago | Change MoM |
|---|---|---|
| 19Last MonthJan 2025 | ||
| 212 months agoDec 2024 | -9.5 % Change MoMDec – Jan |
Summary: The Berkeley Heights Township real estate market had 19 homes for sale in Jan 2025, a 9.5 % decrease compared to Dec 2024.
Number of Homes Sold
| Last Month | 2 months ago | Change MoM |
|---|---|---|
| 9Last MonthJan 2025 | ||
| 112 months agoDec 2024 | -18.2 % Change MoMDec – Jan |
Homes For Sale By Bedroom Count
| Beds | Dec 2024 | Jan 2025 | Change MoM |
|---|---|---|---|
| 11 Bedroom | 0 | 0 | 0.0% |
| 22 Bedrooms | 1 | 2 | +100.0% |
| 33 Bedrooms | 8 | 7 | -12.5% |
| 44 Bedrooms | 10 | 8 | -20.0% |
| 55+ Bedrooms | 2 | 2 | 0.0% |
Summary: Berkeley Heights Township housing inventory by bedroom type for January 2025, compared to the previous month. The inventory for 1 bedroom homes remained the same. The inventory for 2 bedroom homes increased by +100.0%. The inventory for 3 bedroom homes decreased by -12.5%. The inventory for 4 bedroom homes decreased by -20.0%. The inventory for 5 bedroom homes remained the same.
Asking Price vs. Sold Price
How much do homes in Berkeley Heights Township, NJ cost?
Over Asking Price7 Homes
At Asking Price1 Home
Under Asking Price1 Home
Insight
If you're buying a home in Berkeley Heights Township, you could pay more than the asking price. 77.8% of homes here sold above asking price last month.
Summary: A total of 9 homes were sold or pending in Berkeley Heights Township in January 2025, down by 18.2% month-over-month. Of the 9 sold homes, 11% were sold under asking, 11% were sold at asking, and and 78% were sold over asking.
Days on Market for Berkeley Heights Township, NJ
How long does it take to sell a home in Berkeley Heights Township, NJ?
Average Sale Time
| This Year | 1 year ago | Change YoY |
|---|---|---|
| 0 DaysThis YearJan 2025 | ||
| 77 Days1 year agoJan 2024 | 0.0 % Change YoYJan 2024 – Jan 2025 |
Summary: Homes in Berkeley Heights Township had an average listing age of 0 days in Jan 2025, down by .0% compared to the previous year.
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Newest Listings in Berkeley Heights Township, NJ
What homes are available in Berkeley Heights Township, NJ?
New - 2 days on Rocket
$9,856 Closing Credit¹
#3946662, Listing Office: REALMART REALTY
New - 2 days on Rocket
$10,000 Closing Credit¹
#3946761, Listing Office: PREMIUMONE REALTY
New - 2 days on Rocket
$3,086 Closing Credit¹
#22504565, Esther Perez, Listing Office: Diane Turton, Realtors-Toms River
$10,000 Closing Credit¹
#3945417, Listing Office: COLDWELL BANKER REALTY
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MLS Disclaimers and Copyright
Based on information from Garden State MLS, and Monmouth Ocean Regional MLS for the period 02/01/2023 - 02/01/2025
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: 2/22/2025, 8:20:47 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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: 2/22/2025, 8:20:47 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
The data relating to real estate for sale on this web site comes in part from the Internet Data exchange (“IDX”) program of the Monmouth/Ocean MLS Monmouth County Association Board of Realtors. IDX information 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. Real estate listings held by other brokerage firms are indicated by detailed information about them such as the name of the listing firms. Information deemed reliable but not guaranteed. Copyright © 2025 Monmouth/Ocean MLS Monmouth County Association Board of Realtors. All Rights Reserved.Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 2/22/2025, 8:20:55 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.