5 days on Rocket
$7,005 Closing Credit¹
#3949794, Listing Office: C-21 CREST REAL ESTATE, INC.
Pequannock Township Housing Market Report February 2025•Morris County, New Jersey
Housing Prices in Pequannock Township, NJ
How much do homes in Pequannock Township, NJ cost?
Housing Market Conditions
Is Pequannock Township, NJ a buyer’s or seller’s market?
Seller'sMarket
Buyer'sMarket
Pequannock Township is a Buyer's Market
Difference Since February 2024
At the same time last year, Pequannock Township was a Seller's Market.
Insight
Pequannock Township is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Median Sold Price
$552,500$357/SqFt
+$5,000
+0.9%
Based on all homes sold in the last 12 months
Insight
Homes in Pequannock Township have sold for 0.9% more than they did a year ago.
Summary: The median home sold price in Pequannock Township was $552,500 in February 2025, up 0.9% from last year, and the median price per square foot was $357.
Median Sold Price By Cities
| City | Feb 2024 | Feb 2025 | Change YoY |
|---|---|---|---|
| Pompton Lakes | $463K | $500K | +8.0% |
| Pequannock | $535K | $562.5K | +5.1% |
| Riverdale | $415K | $430K | +3.6% |
| Pequannock Township | $547.5K | $552.5K | +0.9% |
| Pompton Plains | $550K | $550K | 0.0% |
Median Sold Price By Bedrooms
| Beds | Feb 2024 | Feb 2025 | Change YoY |
|---|---|---|---|
| 11 Bedroom | $292.5K | $340K | +16.2% |
| 22 Bedrooms | $382K | $444K | +16.2% |
| 33 Bedrooms | $545K | $588.6K | +8.0% |
| 44 Bedrooms | $635K | $715K | +12.6% |
| 55+ Bedrooms | $1.0M | $842.8K | -17.8% |
Summary: Pequannock Township housing price by bedroom type for February 2025, compared to the previous year. The home price for 1 bedroom homes increased by +16.2%. The home price for 2 bedroom homes increased by +16.2%. The home price for 3 bedroom homes increased by +8.0%. The home price for 4 bedroom homes increased by +12.6%. The home price for 5 bedroom homes decreased by -17.8%.
How does Pequannock Township, NJ compare with other places?
Market comparison tool
Data and numbers shown are subject to change and may vary based on different timeframes.
Pequannock Township, NJ
Housing supply in Pequannock Township, NJ
How many homes are available in Pequannock Township, NJ?
Number of Homes For Sale
| Last Month | 2 months ago | Change MoM |
|---|---|---|
| 30Last MonthFeb 2025 | ||
| 252 months agoJan 2025 | +20.0 % Change MoMJan – Feb |
Summary: The Pequannock Township real estate market had 30 homes for sale in Feb 2025, a 20.0 % increase compared to Jan 2025.
Number of Homes Sold
| Last Month | 2 months ago | Change MoM |
|---|---|---|
| 4Last MonthFeb 2025 | ||
| 32 months agoJan 2025 | +33.3 % Change MoMJan – Feb |
Homes For Sale By Bedroom Count
| Beds | Jan 2025 | Feb 2025 | Change MoM |
|---|---|---|---|
| 11 Bedroom | 2 | 3 | +50.0% |
| 22 Bedrooms | 5 | 5 | 0.0% |
| 33 Bedrooms | 5 | 5 | 0.0% |
| 44 Bedrooms | 8 | 11 | +37.5% |
| 55+ Bedrooms | 5 | 6 | +20.0% |
Summary: Pequannock Township housing inventory by bedroom type for February 2025, compared to the previous month. The inventory for 1 bedroom homes increased by +50.0%. The inventory for 2 bedroom homes remained the same. The inventory for 3 bedroom homes remained the same. The inventory for 4 bedroom homes increased by +37.5%. The inventory for 5 bedroom homes increased by +20.0%.
Asking Price vs. Sold Price
How much do homes in Pequannock Township, NJ cost?
Over Asking Price2 Homes
At Asking Price2 Homes
Under Asking Price0 Home
Insight
If you're buying a home in Pequannock Township, expect to pay close to the asking price. 50% of homes here sold near the asking price last month.
Summary: A total of 4 homes were sold or pending in Pequannock Township in February 2025, up by 33.3% month-over-month. Of the 4 sold homes, 0% were sold under asking, 50% were sold at asking, and and 50% were sold over asking.
Days on Market for Pequannock Township, NJ
How long does it take to sell a home in Pequannock Township, NJ?
Breakdown of Home Sale Times
Under 30 Days0 Home
30 – 90 Days0 Home
Over 90 Days1 Home
Insight
Most homes in Pequannock Township are taking a long time to sell, it's a good idea to negotiate on homes here.
Summary: During February 2025, 4 homes were sold in Pequannock Township; 0% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 25% of homes were sold over 90 days.
Average Sale Time
| This Year | 1 year ago | Change YoY |
|---|---|---|
| 131 DaysThis YearFeb 2025 | ||
| 0 Days1 year agoFeb 2024 | 0.0 % Change YoYFeb 2024 – Feb 2025 |
Summary: Homes in Pequannock Township had an average listing age of 131 days in Feb 2025, down by .0% compared to the previous year.
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Newest Listings in Pequannock Township, NJ
What homes are available in Pequannock Township, NJ?
$10,000 Closing Credit¹
#3949106, Listing Office: CURATED REALTY
$2,507 Closing Credit¹
#25007141, Gloria Washington, Listing Office: Vylla Home
$6,293 Closing Credit¹
#25005850, Colleen McMahon, Listing Office: Century 21 Crest Real Estate
$10,000 Closing Credit¹
#25005757, Danielle Fiorina, Listing Office: Century 21 Crest Real Estate
$10,000 Closing Credit¹
#25002570, Ronald Aiosa, II, Listing Office: Keller Williams Prosperity Realty
$10,000 Closing Credit¹
#24038575, Annmarie DeGeorge, Listing Office: Berkshire Hathaway Home Services Gross & Jansen Realtors, Morris
$10,000 Closing Credit¹
#3936749, Listing Office: BHHS GROSS AND JANSEN REALTORS
$10,000 Closing Credit¹
#24034025, Laura R. Bellini, Listing Office: Coldwell Banker, Kinnelon/Butler
$10,000 Closing Credit¹
#3928467, Listing Office: COLDWELL BANKER REALTY
$10,000 Closing Credit¹
#3925359, Listing Office: COLDWELL BANKER REALTY
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MLS Disclaimers and Copyright
Based on information from New Jersey MLS, and Garden State MLS for the period 03/01/2023 - 03/01/2025
Disclaimer: 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: 3/15/2025, 12:20:58 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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: 3/15/2025, 12:20:47 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: 3/15/2025, 12:20:47 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.