Nutley, NJ Single Family Homes for Sale | realtor.com® (2024)

FAQs

What is the average price of a single family home in New Jersey? ›

$534,939. The average New Jersey home value is $534,939, up 8.9% over the past year and goes to pending in around 15 days.

Nutley is much more than a place to live; it's an Essex County community to be part of. There are many facets that make Nutley an ideal choice for those seeking a harmonious blend of tranquility and convenience.

What is the housing market like right now? In June 2024, home prices in New-Jersey were up 10.8% compared to last year, selling for a median price. On average, the number of homes sold was down 14.9% year over year and there were 8,115 homes sold in June this year, down 9,535 homes sold in June last year.

Visualizing the square feet of a room or house that matches your family size can help you choose the right home size. On average, the ideal square footage is about 600 – 700 square feet per person.

In the final quarter of 2023, the average Jersey property price stood at £636,000 – a notable decrease from the previous quarter's figure of £681,000.

Based on the latest data, the average home price in the U.S. stands around $416,100. This value represents the mean of all home sale prices nationwide and offers a broad perspective on pricing trends within the housing market.

#1: Camden

With a median home sale price of $135,000, Camden is the most affordable place to live in New Jersey. About 5 miles away from Philadelphia, PA, the nearest major metro, Camden is home to roughly 71,800 people.

According to CNBC, a single person in New Jersey needs to earn $103,002 to be comfortable. The cost of living overall in New Jersey is 1.18 times the national average, while the cost of housing is a whopping 30% higher than the national average.