River Edge Housing Market Report March 2025•Bergen County, New Jersey

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Housing Prices in River Edge, NJ

How much do homes in River Edge, NJ cost?

Housing Market Conditions

Is River Edge, NJ a buyer’s or seller’s market?

Housing Market Conditions

This is the supply and demand for houses in an area based on home prices and trends.

Buyer’s Market

A buyer’s market occurs when the number of available properties for sale exceeds the number of buyers looking to purchase. In a buyer’s market, the supply exceeds the demand.

Neutral Market

A neutral market occurs when the number of buyers looking to purchase properties meets the number of available properties for sale. In a balanced market, there are enough homes to meet the demand.

Seller’s Market

A seller’s market occurs when there are more buyers looking to purchase properties than there are available homes on the market. In a seller’s market, the demand exceeds the supply.

Seller'sMarket

Buyer'sMarket

River Edge is a Neutral Market

Difference Since February 2025

Last month, River Edge was a Seller's Market.

Insight

River Edge is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

Median Sold Price

Median Sold Price
This is the middle price for which all homes in the area were sold. Half of all the homes sold were below this price, and half were above.
$1,039,500$521/SqFt
+$319,000
+44.3%

Based on all homes sold in March 2025

Insight

Homes in River Edge have sold for 44.3% more than they did a month ago.

Summary: The median home sold price in River Edge was $1,039,500 in March 2025, up 44.3% from last month, and the median price per square foot was $521.

Median Sold Price By Bedrooms

Median Sold 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 2025Mar 2025Change MoM
1--
N/A
2--
N/A
3$720.5K$780K
+8.3%
4--
N/A
5-$1.2M
N/A

Summary: River Edge housing price by bedroom type for March 2025, compared to the previous month. The home price for 1 bedroom homes did not change. The home price for 2 bedroom homes did not change. The home price for 3 bedroom homes increased by +8.3%. The home price for 4 bedroom homes did not change. The home price for 5 bedroom homes did not change.

How does River Edge, NJ compare with other places?

Market comparison tool

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

River Edge, NJ

Housing supply in River Edge, NJ

How many homes are available in River Edge, 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
13Last MonthMar 2025
112 months agoFeb 2025
+18.2 %
Change MoMFeb – Mar

Summary: The River Edge real estate market had 13 homes for sale in Mar 2025, a 18.2 % increase compared to Feb 2025.

Number of Homes Sold

Number of Homes Sold
This is the total number of both homes sold and pending in an area.
Last Month2 months agoChange MoM
2Last MonthMar 2025
22 months agoFeb 2025
0.0 %
Change MoMFeb – Mar

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.
BedsFeb 2025Mar 2025Change MoM
100
0.0%
201
+100.0%
354
-20.0%
411
0.0%
557
+40.0%

Summary: River Edge housing inventory by bedroom type for March 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 -20.0%. The inventory for 4 bedroom homes remained the same. The inventory for 5 bedroom homes increased by +40.0%.

Asking Price vs. Sold Price

How much do homes in River Edge, 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 Price1 Home

Under Asking Price0 Home

Insight

If you're buying a home in River Edge, expect to pay close to the asking price. 50% of homes here sold near the asking price last month.

Summary: A total of 2 homes were sold or pending in River Edge in March 2025, the same as the previous month. Of the 2 sold homes, 0% were sold under asking, 50% were sold at asking, and and 50% were sold over asking.

Days on Market for River Edge, NJ

How long does it take to sell a home in River Edge, NJ?

Breakdown of Home Sale Times

Under 30 Days1 Home

30 – 90 Days0 Home

Over 90 Days0 Home

Insight

Many homes in River Edge are selling fast, if you're buying plan to act quickly.

Summary: During March 2025, 2 homes were sold in River Edge; 50% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.

Average Sale Time

Average Sale Time
This is the average number of days homes take to sell in an area.
Last Month1 month agoChange MoM
14 DaysLast MonthMar 2025
0 Days1 month agoFeb 2025
0.0 %
Change MoMFeb – Mar

Summary: Homes in River Edge had an average listing age of 14 days in Mar 2025, down by .0% compared to the previous month.

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Newest Listings in River Edge, NJ

What homes are available in River Edge, NJ?

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MLS Disclaimers and Copyright

Based on information from New Jersey MLS, for the period 02/01/2025 - 04/01/2025

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.

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Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 4/25/2025, 8:20:55 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.