07027 Home Values & Market Trends

There are 22 homes currently listed for 07027. 07027 real estate market trends show that home prices range from $549,000 to $1,245,000, and the median sales price in the 07027 zip code is $736,833.33. The total number of properties sold within the past twelve months is 51. In 07027, 8 properties are in foreclosure, 0 are bank owned properties,and 1 are headed for auction.

07027 Real Estate Market Overview

CityMedian Est. ValueCityMedian Est. Value
Garwood

$ 793,800

$ 412/sqft

Housing Market Summary for 07027

Mar 2025March 2026Change
Median Listing Price$789.9K$739.4K-6.39%
Median Sold Price$676K$739.4K9.38%
Homes For Sale1201900.00%
Homes Sold2927-6.90%
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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 07027

The median list price of a home in Garwood, is $736,833.33. A total of 22 properties are for sale, and the percentage of properties for sale in the zip code is 73.33%. The total count of 07027 properties is 1,319.

Foreclosure
There is 1 cities within 07027; within this cities, the median estimated home value for homes in foreclosure ranges from $807,900 in Garwood to the lowest value of $590,800 in Garwood. Foreclosure homes account for 0.00% of properties in 07027 with Garwood containing 8 foreclosures, the highest number of foreclosure properties in a single city.
  • Pre-Foreclosure
    Pre-foreclosure homes account for 0.53% of all residential properties in 07027 with Garwood containing 7 pre-foreclosures, the highest number of pre-foreclosure properties in a single city. There is 1 cities within 07027; of that cities, the estimated home value for pre-foreclosure homes ranges from $807,900 in Garwood to the lowest home value of $590,800 in Garwood.
  • Bank Owned
    The median estimated home value of bank owned homes (REO properties) in 07027 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 07027. There is 1 cities within 07027; N/A containing 0 REO properties, has the highest number of bank owned properties in a single city.
  • Auctions
    Garwood has 1 auction properties, the highest number of properties going to auction in a single city in the state of 07027. Auction homes and other auction properties account for 0.08% of all properties in 07027. There is 1 cities within 07027; of that cities, the median estimated home value for homes going to auction ranges from $677,000 in Garwood to the lowest value of $677,000 in Garwood.
Homes for Sale
Homes and properties that are actively listed for sale account for 1.67% of residential properties in 07027 with Garwood containing 22 homes for sale, the highest number of listed properties in a single city. There is 1 cities within 07027; homes for sale in that cities, have a range of median values from $1,135,000 in Garwood to the lowest value of $537,200 in Garwood.
    Sold Homes
    The median value for recently sold homes ranges from $1,120,000 in Garwood to the lowest price of $559,500 in Garwood. There is 1 cities within 07027. Garwood has 27 recently sold homes, the highest number of recently sold properties in a single city. Recently sold homes and properties account for 2.05% of properties in 07027.

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