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NJ Real Estate Market Update July 2026: Sale Prices Surge to $610K

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New Jersey Real Estate Prices Keep Rising as Suburban Development Expands

the staff of the Ridgewood blog

Ridgewood NJ, Mortgage rates fell for the second week in a row, mortgage buyer Freddie Mac said Thursday. Freddie Mac’s latest Primary Mortgage Market Survey, released Thursday, showed the average rate on the benchmark 30-year fixed mortgage fell to 6.65% from last week’s reading of 6.67%. The average rate on a 30-year loan was 6.58% a year ago.

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