07009 Home Values & Market Trends

There are 72 homes currently listed for 07009. 07009 real estate market trends show that home prices range from $329,000 to $20,000,000, and the median sales price in the 07009 zip code is $758,655.21. The total number of properties sold within the past twelve months is 126. In 07009, 18 properties are in foreclosure, 0 are bank owned properties,and 1 are headed for auction.

07009 Real Estate Market Overview

CityMedian Est. ValueCityMedian Est. Value

Housing Market Summary for 07009

Mar 2025March 2026Change
Median Listing Price$694.5K$773.5K11.38%
Median Sold Price$714.1K$773.5K8.30%
Homes For Sale1468385.71%
Homes Sold70722.86%
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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 $758,655.21. A total of 72 properties are for sale, and the percentage of properties for sale in the zip code is 80.00%. The total count of 07009 properties is 4,253.

Foreclosure
There is 1 cities within 07009; within this cities, the median estimated home value for homes in foreclosure ranges from $1,850,000 in Cedar Grove to the lowest value of $513,800 in Cedar Grove. Foreclosure homes account for 0.00% of properties in 07009 with Cedar Grove containing 18 foreclosures, the highest number of foreclosure properties in a single city.
  • Pre-Foreclosure
    Pre-foreclosure homes account for 0.40% of all residential properties in 07009 with Cedar Grove containing 17 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 $1,850,000 in Cedar Grove to the lowest home value of $513,800 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 1 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 0.02% 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 $842,200 in Cedar Grove to the lowest value of $842,200 in Cedar Grove.
Homes for Sale
Homes and properties that are actively listed for sale account for 1.69% of residential properties in 07009 with Cedar Grove containing 72 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 $2,163,000 in Cedar Grove to the lowest value of $313,800 in Cedar Grove.
    Sold Homes
    The median value for recently sold homes ranges from $1,779,000 in Cedar Grove to the lowest price of $349,500 in Cedar Grove. There is 1 cities within 07009. Cedar Grove has 64 recently sold homes, the highest number of recently sold properties in a single city. Recently sold homes and properties account for 1.50% of properties in 07009.

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