New Jersey Residential Properties

New Jersey is known for its strong sense of community, proximity to New York City, top-rated schools, waterfront views, and much more. The widely loved Garden State offers an incredible variety of residential homes for sale from luxury waterfront estates to affordable single-family homes. 

Luxury homes along the oceanfront in New Jersey

New Jersey Residential Property Statistics

Average Price $455K
Lowest Price $500
Highest Price $11M
Total Listings 2,956
Avg. Days On Market 70
Avg. Price/SQFT $367

Property Types (active listings)

New Jersey Residential Properties

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9601 Ocean View, OCEAN CITY

$11,000,000

9601 Ocean View, OCEAN CITY

6 Beds 7.5 Baths 7,323 SqFt Residential MLS® # MDWO2017702

Holiday Real Estate

9750 Marthas Landing Rd, OCEAN CITY

$9,990,000

↓ $810,000

9750 Marthas Landing Rd, OCEAN CITY

6 Beds 8 Baths 10,800 SqFt Residential MLS® # MDWO115444

Meredith Fine Properties

43 26th St E, AVALON

$7,000,000

43 26th St E, AVALON

6 Beds 6.5 Baths 3,715 SqFt Residential MLS® # NJCM2002690

Newbold Real Estate Co.

45 W 32nd St, AVALON

$5,995,000

45 W 32nd St, AVALON

5 Beds 6 Baths 3,700 SqFt Residential MLS® # NJCM2001006

BHHS Fox & Roach-Center City Walnut

16449 Ed Warfield Rd, WOODBINE

$5,750,000

↓ $250,000

16449 Ed Warfield Rd, WOODBINE

16 Beds 11 Baths 16,270 SqFt Residential MLS® # MDHW2013168

Long & Foster Real Estate, Inc.

242 36th St, AVALON

$5,195,000

242 36th St, AVALON

6 Beds 7 Baths 3,800 SqFt Residential MLS® # NJCM2002264

Your Town Realty

202 Ocean St, CAPE MAY

$4,950,000

202 Ocean St, CAPE MAY

13 Beds 11 Baths 0 SqFt Residential MLS® # NJCM2002552

Long & Foster Real Estate, Inc.

10615 Point Lookout Rd, OCEAN CITY

$4,899,990

↓ $99,910

10615 Point Lookout Rd, OCEAN CITY

6 Beds 7 Baths 4,549 SqFt Residential MLS® # MDWO2012190

Coldwell Banker Realty

55 26th St E, AVALON

$4,825,000

55 26th St E, AVALON

3 Beds 1 Bath 2,861 SqFt Residential MLS® # NJCM2002872

Newbold Real Estate Co.

79 Eastwick Dr, VOORHEES

$4,600,000

79 Eastwick Dr, VOORHEES

6 Beds 7.5 Baths 13,400 SqFt Residential MLS® # NJCD2049438

RE/MAX ONE Realty

117 94th St, STONE HARBOR

$4,595,000

117 94th St, STONE HARBOR

5 Beds 4 Baths 2,844 SqFt Residential MLS® # NJCM2002648

Compass New Jersey, LLC - Moorestown

112-114 Atlantic Ave, OCEAN CITY

$4,495,000

112-114 Atlantic Ave, OCEAN CITY

13 Beds 7 Baths 0 SqFt Residential MLS® # NJCM2001946

C A McCann & Sons Inc Realtors

New Jersey Residential Property Market Trends

Residential homes in New Jersey average in price wise at around the $500,000 mark with many listings and different property types. You can just imagine how affordable many of these may be.

New Jersey remains a seller’s market with the inventory for single-family homes down 30.3% from last year.

The month’s supply of residential single-family homes has shrunk down to 2.2 months. This is referring to the number of months it would take for current home inventory to sell given current sales prices. 

New Jersey residential homes for sale values have gone up 17.2% over the past year. 

While apartment complexes or high-rise apartments are the single most common housing type in Jersey city - duplexes come in close second. 

Market Forecast

Residential home values in Jersey City - the second most populous city in New Jersey - have gone up 5.5% and do not look like they will be stopping any time soon in 2022.

Jersey City real estate has appreciated by 115% over the last decade which is equivalent to an annual appreciation of around 8%. This places Jersey City in the top 10% of all cities nationally in real estate appreciation. 

Knowing all of this, this makes Jersey City undoubtedly one of the best long-term real estate investment locations in the country over the last decade. 

New Jersey Residential Property Highlights

While residential homes have an average selling price of around $500,000, the important thing to note is the wide range in property type and price which offers anyone and everyone the home options of their dreams.

Starting off at the most extreme of luxurious comes the beautifully elegant estates in New Jersey that are simply meant to make you feel like royalty.

With homes upwards of $13 million - it’s no doubt that New Jersey residential real estate is meant for those trying to make the most out of their New Jersey experience.

Luxury residential homes range from stunning waterfront properties to towering ancestral homes that are culturally, historically, and architecturally significant.

Sitting on hundreds of acres of pure beauty, many New Jersey residential estates truly boast the best of pure elegance and serenity. 

While smaller single-family homes offer gorgeous constructions perfect for families looking to settle down in.


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