07009 Home Values & Market Trends

There are 117 homes currently listed for 07009. 07009 real estate market trends show that home prices range from $329,900 to $20,000,000, and the median sales price in the 07009 zip code is $770,010.14. The total number of properties sold within the past twelve months is 113. In 07009, 23 properties are in foreclosure, 0 are bank owned properties,and 5 are headed for auction.

07009 Real Estate Market Overview

CityMedian Est. ValueCityMedian Est. Value

Housing Market Summary for 07009

Jun 2025June 2026Change
Median Listing Price$689K$787.7K14.32%
Median Sold Price$748.8K$787.7K5.19%
Homes For Sale18113527.78%
Homes Sold6745-32.84%
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Price Per Square Foot

On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.

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Recently Sold Homes

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Browse Homes in 07009

The median list price of a home in Cedar Grove, is $770,010.14. A total of 117 properties are for sale, and the percentage of properties for sale in the zip code is 83.57%. The total count of 07009 properties is 3,915.

Foreclosure
There is 1 cities within 07009; within this cities, the median estimated home value for homes in foreclosure ranges from $1,743,712 in Cedar Grove to the lowest value of $590,759 in Cedar Grove. Foreclosure homes account for 0.00% of properties in 07009 with Cedar Grove containing 23 foreclosures, the highest number of foreclosure properties in a single city.
  • Pre-Foreclosure
    Pre-foreclosure homes account for 0.46% of all residential properties in 07009 with Cedar Grove containing 18 pre-foreclosures, the highest number of pre-foreclosure properties in a single city. There is 1 cities within 07009; of that cities, the estimated home value for pre-foreclosure homes ranges from $1,743,712 in Cedar Grove to the lowest home value of $600,000 in Cedar Grove.
  • Bank Owned
    The median estimated home value of bank owned homes (REO properties) in 07009 ranges from the highest value of $0 in N/A to the lowest value of $0 in N/A. Bank owned homes and properties account for 0% of properties in 07009. There is 1 cities within 07009; N/A containing 0 REO properties, has the highest number of bank owned properties in a single city.
  • Auctions
    Cedar Grove has 5 auction properties, the highest number of properties going to auction in a single city in the state of 07009. Auction homes and other auction properties account for 0.13% of all properties in 07009. There is 1 cities within 07009; of that cities, the median estimated home value for homes going to auction ranges from $828,867 in Cedar Grove to the lowest value of $590,759 in Cedar Grove.
Homes for Sale
Homes and properties that are actively listed for sale account for 2.99% of residential properties in 07009 with Cedar Grove containing 117 homes for sale, the highest number of listed properties in a single city. There is 1 cities within 07009; homes for sale in that cities, have a range of median values from $20,000,000 in Cedar Grove to the lowest value of $329,900 in Cedar Grove.
    Sold Homes
    The median value for recently sold homes ranges from $1,870,152 in Cedar Grove to the lowest price of $355,045 in Cedar Grove. There is 1 cities within 07009. Cedar Grove has 50 recently sold homes, the highest number of recently sold properties in a single city. Recently sold homes and properties account for 1.28% of properties in 07009.

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