Bridgeton, NJ Home Values & Market Trends
Real estate market trends reflect that there have been 516 transactions over the past year in Bridgeton. The median value for residential home transactions that occurred over the previous year is $196,497.66. The number of current listings in Bridgeton is 28, and the percentage of properties for sale in the city is 28.00%. Bridgeton, NJ currently has 236 properties in foreclosure, 2 bank owned properties, 19 properties headed for auction, and 28 properties for sale.
Bridgeton, NJ Real Estate Market Overview
Zip | Median Est. Value |
---|---|
08302 | $ 213,100 $ 136/sqft |
Housing Market Summary for Bridgeton, NJ
Apr 2023 | March 2024 | Change | |
---|---|---|---|
Median Listing Price | $225K | $172.7K | -23.24% |
Median Sold Price | $152.4K | $172.7K | 13.32% |
Homes For Sale | 19 | 38 | 100.00% |
Homes Sold | 276 | 224 | -18.84% |
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%.
Recently Sold Homes
Explore recent offers and recently sold homes in Bridgeton, NJ
Browse Homes in Bridgeton, NJ
Bridgeton home values range from $28,540 to $539,800. The median estimated value of a home in Bridgeton is $196,497.66. The median list price of a home is 262,450, and the total count of properties in the city is 11,391.
- Pre-ForeclosurePre-foreclosure homes account for 1.89% of all residential properties in Bridgeton, NJ with 08302 containing 215 pre-foreclosures, the highest number of pre-foreclosure properties in a single zip. There is 1 zips within Bridgeton, NJ; of that zips, the estimated home value for pre-foreclosure homes ranges from $539,800 in 08302 to the lowest home value of $57,410 in 08302.
- Bank OwnedThe median estimated home value of bank owned homes (REO properties) in Bridgeton, NJ ranges from the highest value of $209,000 in 08302 to the lowest value of $127,100 in 08302. Bank owned homes and properties account for 0.02% of properties in Bridgeton, NJ. There is 1 zips within Bridgeton, NJ; 08302 containing 2 REO properties, has the highest number of bank owned properties in a single zip.
- Auctions08302 has 19 auction properties, the highest number of properties going to auction in a single zip in the state of Bridgeton, NJ. Auction homes and other auction properties account for 0.17% of all properties in Bridgeton, NJ. There is 1 zips within Bridgeton, NJ; of that zips, the median estimated home value for homes going to auction ranges from $290,700 in 08302 to the lowest value of $85,630 in 08302.
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Guide for Bridgeton, NJ
The Newark real estate market from 2023 to 2024 exhibited a strong upward growth pattern, with slight fluctuations in property values and sale price per square foot.
The Jersey City real estate market continues to show robust growth with prices rising to an average of $595,000 per property and $394 per square foot in February 2024.
Learn how a short sale can stop the foreclosure process.
Learn effective strategies to safeguard your credit score after experiencing a foreclosure.