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Is Fall 2025 the Best Time to Buy a Home in New Jersey?

  • Victory Linked Realty
  • Sep 3, 2025
  • 2 min read

The New Jersey real estate market is staying active and competitive as we move from summer into fall. Prices are still climbing, but shifts in rentals, coastal towns, and new developments are creating opportunities for both buyers and investors. Here’s the scoop:


🏡 Home Prices & Inventory

  • Median home prices in NJ are now around $579,000, up about 4% from last year.

  • More homes are hitting the market (over 33,000 active listings), but supply is still tight.

  • Bottom line: It’s still a seller’s market, but buyers have a little more to choose from than last year.


📈 Market Trends Going Into Fall

  • Sales activity remains strong despite mortgage rates hovering around 6–7%.

  • Expect prices to cool slightly in autumn—usually 3–5% lower than the summer peak.

  • Translation: Good news for buyers who’ve been waiting for a bit more breathing room.


🏘️ Rentals on the Rise

  • New Jersey now has more renter-majority suburbs than any other state (39 in total!).

  • Places like Harrison, Union City, Passaic, and Elizabeth have over 70–80% renters.

  • Why? Affordability and transit access. Renting is becoming the go-to choice for many.


🌊 Spotlight: Long Branch Luxury Boom

  • Long Branch is quickly rebranding from a beach town to a luxury hotspot.

  • Condo prices have jumped 16% in just one year, with the median around $950,000.

  • New developments like the Atlantic Club (pet spas, pools, gyms, and ocean views) are drawing in buyers looking for a shore lifestyle with city-level amenities.


🏙️ Innovation & Growth: New Brunswick

  • The HELIX Project in New Brunswick is reshaping the city with research labs, housing, and office space.

  • This type of mixed-use development points to the future of NJ real estate: blending tech, education, and community living.


🔑 What This Means for You

  • Buyers → Fall may bring better deals and motivated sellers.

  • Sellers → Homes are still moving quickly; pricing strategy matters.

  • Investors → Rentals are in demand, and coastal or transit-friendly towns are hot spots.


Final Takeaway

New Jersey’s market is holding strong with rising prices, high rental demand, and exciting development projects. If you’re thinking about buying, selling, or investing, now’s the time to stay informed and move strategically.


 
 
 

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Disclosure: The information contained on Victory Linked Realty Inc website is derived from various Multiple Listing Service platforms which is a subset of data from those various Multiple Listing Services. Only REALTOR® Members of the Multiple Listing Services have access to the complete information. Contact your REALTOR® for more information. The offerings are subject to errors, omissions, changes, including price, or withdrawal without notice. All dimensions are approximate and have not been verified by the selling party and cannot be verified by Victory Linked Realty Inc;  such should be independently verified, and Victory Linked Realty expressly disclaims any liability in connection therewith. No financial or legal advice provided. Equal Housing Opportunity.

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