Rockaway, NJ Home Values & Market Trends

Real estate market trends reflect that there have been 330 transactions over the past year in Rockaway. The median value for residential home transactions that occurred over the previous year is $569,450. The number of current listings in Rockaway is 290, and the percentage of properties for sale in the city is 290.00%. Rockaway, NJ currently has 65 properties in foreclosure, 0 bank owned properties, 5 properties headed for auction, and 290 properties for sale.

Rockaway, NJ Real Estate Market Overview

ZipMedian Est. Value
07866

$ 569,450

$ 339/sqft

Housing Market Summary for Rockaway, NJ

Sep 2025September 2026Change
Median Listing Price$549.9K$549K-0.16%
Median Sold Price$549.6K$500.6K-8.93%
Homes For Sale135280107.41%
Homes Sold15998-38.36%
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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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Browse Homes in Rockaway, NJ

Rockaway home values range from $131,523 to $1,471,000. The median estimated value of a home in Rockaway is $569,450. The median list price of a home is 550,000, and the total count of properties in the city is 523.

Foreclosure
There is 1 zips within Rockaway, NJ; within this zips, the median estimated home value for homes in foreclosure ranges from $950,042 in 07866 to the lowest value of $227,170 in 07866. Foreclosure homes account for 12.00% of properties in Rockaway, NJ with 07866 containing 65 foreclosures, the highest number of foreclosure properties in a single zip.
  • Pre-Foreclosure
    Pre-foreclosure homes account for 11.47% of all residential properties in Rockaway, NJ with 07866 containing 60 pre-foreclosures, the highest number of pre-foreclosure properties in a single zip. There is 1 zips within Rockaway, NJ; of that zips, the estimated home value for pre-foreclosure homes ranges from $950,042 in 07866 to the lowest home value of $227,170 in 07866.
  • Bank Owned
    The median estimated home value of bank owned homes (REO properties) in Rockaway, 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 Rockaway, NJ. There is 1 zips within Rockaway, NJ; N/A containing 0 REO properties, has the highest number of bank owned properties in a single zip.
  • Auctions
    07866 has 5 auction properties, the highest number of properties going to auction in a single zip in the state of Rockaway, NJ. Auction homes and other auction properties account for 0.96% of all properties in Rockaway, NJ. There is 1 zips within Rockaway, NJ; of that zips, the median estimated home value for homes going to auction ranges from $594,585 in 07866 to the lowest value of $471,032 in 07866.
Homes for Sale
Homes and properties that are actively listed for sale account for 55.45% of residential properties in Rockaway, NJ with 07866 containing 290 homes for sale, the highest number of listed properties in a single zip. There is 1 zips within Rockaway, NJ; homes for sale in that zips, have a range of median values from $1,471,000 in 07866 to the lowest value of $159,759 in 07866.
    Sold Homes
    The median value for recently sold homes ranges from $950,000 in 07866 to the lowest price of $131,523 in 07866. There is 1 zips within Rockaway, NJ. 07866 has 103 recently sold homes, the highest number of recently sold properties in a single zip. Recently sold homes and properties account for 19.69% of properties in Rockaway, NJ.

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      Guide for Rockaway, NJ

      Home Buying Guides & Tips
      How To Buy a Piece of Land in Foreclosure
      Home Buying Guides & Tips
      Foreclosure: Cómo Comprar Una Casa En Ejecución Hipotecaria
      Home Buying Guides & Tips
      How to Buy A Foreclosed Home in Chicago
      Home mortgage
      Real Estate Investing
      How To Find A Potential Pre-foreclosure Home Bargain
      See More Articles
      How To Buy a Piece of Land in Foreclosure
      Home Buying Guides & Tips|posted 3 September 2024

      Foreclosure is a term that can sometimes lead to confusion for those looking to make a real estate investment. In simple terms, it refers to the process where a lender takes possession of a property after the owner fails to keep up with their mortgage payments. When it comes to land, this means that buyers […]

      Foreclosure: Cómo Comprar Una Casa En Ejecución Hipotecaria
      Home Buying Guides & Tips|posted 26 August 2024

      Descubre todo lo que necesitas saber sobre cómo comprar una casa en ejecución hipotecaria.

      How to Buy A Foreclosed Home in Chicago
      Home Buying Guides & Tips|posted 10 June 2024

      Learn how to buy a foreclosed home in Chicago, Illinois.

      Home mortgage
      How To Find A Potential Pre-foreclosure Home Bargain
      Real Estate Investing|posted 6 June 2024

      Tips to find a home in pre-foreclosure and get a good deal on a new home.