New Jersey Housing Market Report
As of 2026-02-28, the average home price across New Jersey's tracked cities is $479,664, up 0.4% year over year. The fastest-moving market is Cherry Hill (+5.5% YoY). 11 cities tracked.
City Comparison
| City | Median Home Price | YoY Change | ZIP Codes |
|---|---|---|---|
| Jersey City | $647,521 | -13.9% | 6 |
| Edison | $627,083 | +2.8% | 3 |
| Clifton | $597,851 | +3.2% | 4 |
| Paterson | $530,174 | +4% | 8 |
| Elizabeth | $518,562 | +4.1% | 4 |
| Plainfield | $497,676 | +2.8% | 3 |
| Newark | $471,120 | -1% | 9 |
| Cherry Hill | $467,579 | +5.5% | 3 |
| Toms River | $412,400 | +2.4% | 4 |
| Trenton | $362,686 | +0.6% | 9 |
| Camden | $143,650 | -5.6% | 4 |
City Reports
Paterson Home Prices: $530K, Up 3.8% — 8 ZIPs Analyzed (2026)
Paterson NJ home prices climbed to $530K, up 3.8% year over year. Which of 8 ZIPs is cheapest? Full breakdown with rent data, trends, 2026 outlook.
Trenton Home Prices: $363K, Up 0.4% — 9 ZIPs Analyzed (2026)
Trenton home prices edged up 0.4% to $363K. See which ZIPs are cheapest, where rents hit $2,666, and the full 9-neighborhood breakdown for 2026.
Clifton Home Prices: $598K, Up 2.3% — 4 ZIPs Analyzed (2026)
Clifton home values hit $598K, up 2.3% year over year. See how all 4 ZIPs stack up, rent vs buy math, and what the trend signals for 2026.
Elizabeth Home Prices: $519K, Up 3.2% — 4 ZIPs Analyzed (2026)
Elizabeth NJ home prices hit $519K, up 3.2% YoY. Which of the 4 ZIPs is cheapest? Full breakdown of neighborhoods, rent data, and 2026 outlook.
Edison Home Prices: $627K, Up 2.3% — 3 ZIPs Analyzed (2026)
Edison NJ home prices hit $627K, up 2.3% year over year. See the gap between the cheapest and priciest ZIPs, rent math, and the 2026 trend.
Plainfield Home Prices: $498K, Up 1.9% — 3 ZIPs Analyzed (2026)
Can you afford Plainfield, NJ? $498K median, up 1.9% YoY. See which ZIP is cheapest, rent vs buy math, and population trends driving demand.
Newark Home Prices: $471K, Down 0.8% — 9 ZIPs Analyzed (2026)
Can you still find a deal in Newark? $471K median, down 0.8%. See which ZIPs are cheapest, rent vs buy math, and where prices are headed in 2026.
Toms River Home Prices: $412K, Up 2.3% — 4 ZIPs Analyzed (2026)
Can you still afford Toms River? $412K median, up 2.3%. See which ZIP starts at $274K, rent vs buy math, and the full 12-month trend for 2026.
Jersey City Home Prices: $648K, Down 13.9% — 6 ZIPs Analyzed (2026)
Jersey City prices fell 13.9% to $648K. Which ZIPs held value and which dropped? Full breakdown of 6 neighborhoods, rent data, and 2026 outlook.