Mount Arlington, NJ Home Values & Market Trends
Real estate market trends reflect that there have been 79 transactions over the past year in Mount Arlington. The median value for residential home transactions that occurred over the previous year is $432,985.94. The number of current listings in Mount Arlington is 9, and the percentage of properties for sale in the city is 9.00%. Mount Arlington, NJ currently has 13 properties in foreclosure, 0 bank owned properties, 3 properties headed for auction, and 9 properties for sale.
Mount Arlington, NJ Real Estate Market Overview
| Zip | Median Est. Value |
|---|---|
| 07856 | $ 518,200 $ 287/sqft |
Housing Market Summary for Mount Arlington, NJ
| Apr 2023 | March 2024 | Change | |
|---|---|---|---|
| Median Listing Price | $404.4K | $472.7K | 16.87% |
| Median Sold Price | $405.9K | $472.7K | 16.46% |
| Homes For Sale | 10 | 6 | -40.00% |
| Homes Sold | 49 | 34 | -30.61% |
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 Mount Arlington, NJ
Browse Homes in Mount Arlington, NJ
Mount Arlington home values range from $220,200 to $1,678,000. The median estimated value of a home in Mount Arlington is $432,985.94. The median list price of a home is 549,000, and the total count of properties in the city is 1,762.
- Pre-ForeclosurePre-foreclosure homes account for 0.57% of all residential properties in Mount Arlington, NJ with 07856 containing 11 pre-foreclosures, the highest number of pre-foreclosure properties in a single zip. There is 1 zips within Mount Arlington, NJ; of that zips, the estimated home value for pre-foreclosure homes ranges from $541,000 in 07856 to the lowest home value of $224,600 in 07856.
- Bank OwnedThe median estimated home value of bank owned homes (REO properties) in Mount Arlington, NJ 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 Mount Arlington, NJ. There is 1 zips within Mount Arlington, NJ; N/A containing 0 REO properties, has the highest number of bank owned properties in a single zip.
- Auctions07856 has 3 auction properties, the highest number of properties going to auction in a single zip in the state of Mount Arlington, NJ. Auction homes and other auction properties account for 0.17% of all properties in Mount Arlington, NJ. There is 1 zips within Mount Arlington, NJ; of that zips, the median estimated home value for homes going to auction ranges from $641,600 in 07856 to the lowest value of $316,300 in 07856.
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Guide for Mount Arlington, 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.
