The 5 most competitive places to buy a home in New Jersey
By Carla Astudillo | NJ Advance Media for NJ.com
on April 11, 2017 at 7:20 AM, updated April 11, 2017 at 4:39 PM
New Jersey buyers beware – it’s a competitive time to search for your dream home.
Housing inventory data for nearly 500 New Jersey zip codes from Realtor.com provided by the Associated Press shows that 77 percent of them saw a plunge in the number of homes on the market in February of this year, compared to the same time last year.
That means it’s mostly a seller’s market in the state.
New Jersey Zip Codes with the biggest drop in housing inventory (February 2017 vs. February 2016)
|
LOCALITY
|
COUNTY
|
ZIP CODE
|
PERCENT CHANGE SINCE LAST YEAR
|
MEDIAN LISTING PRICE
|
|
|---|---|---|---|---|---|
| 1 | Buena | Atlantic | 08310 | -59.1% | $219,900 |
| 2 | Ridgefield Park | Bergen | 07660 | -55.4% | $298,500 |
| 3 | Glen Ridge | Essex | 07028 | -53.6% | $558,300 |
| 4 | Ridgewood | Bergen | 07450 | -48.0% | $899,000 |
| 5 | Township of Washington | Bergen | 07676 | -45.5% | $574,500 |
