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Radcliffe Watsessing County Park

BLOOMFIELD, NJ 07003

Real Estate Market Report  ·  Essex County
Seller's Market
April 2026  ·  Source: Realtor.com

Neighborhoods in ZIP 07003

Radcliffe · Watsessing County Park

Market Analysis

Data as of April 2026. Source: Realtor.com.

The BLOOMFIELD, NJ real estate market (07003) currently shows 64 active listings, with 27 pending sales. Homes are averaging 15 days on the market before going under contract.

Inventory has tightened compared to last year, with 15 fewer active listings — creating more competition among buyers.

Homes are selling faster, averaging 15 days on market compared to 23 days last year.

The median listing price has fallen 7.8% year-over-year, from $596,250 to $549,450.

Whether you are buying or selling in BLOOMFIELD, NJ, Local Expertise. Global Connections. Michelle Robinson at Prominent Properties Sotheby's International Realty is your local expert ready to help. 917-273-1033

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Market Context

Market Context

Population: 52,594  ·  Density: 3,817.7/mi²  ·  Median household income: $92,223

Typical home value: $424,874  ·  Homeownership: 51.4%

★ Featured Sponsor Michelle Robinson
Michelle Robinson — Prominent Properties Sotheby's International Realty
Local Expertise. Global Connections.
Visit Website →

Market Overview

Active Listings
64
⇩ 19% vs 79 last year
Pending
27
42% pending ratio
Median Price
$549,450
⇩ 7.8% vs $596,250 last year
Average Price
$562,139
⇩ 2.5% vs $576,340 last year
Days on Market
15
⇩ 34.8% vs 23 days last year

Price Per Square Foot

Median $/sqft
$380
⇩ 25% vs $507/sqft last year
Median Home Size
1,205 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 64 this year vs 79 last year
  • Days on market: 15 now vs 23 last year

Median & Average Pricing

Year over Year
  • Median: $549,450 (-7.8% YoY)
  • Average: $562,139 (-2.5% YoY)

12-Month Price Trend

Median & Average
  • Median and average listing prices over the past 12 months

12-Month Inventory Trend

Active & Pending
  • Active and pending listing counts over the past 12 months

Historical Trend Charts

Median Price
Average Price
Days on Market
Total Listings
Pending Listings
Active Listings
New Listings
Price Per Sqft
Price Reduced %

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 5.2 miles — 414 listings ($322,080,286 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
07003Bloomfield, NJ 070030.0 mi46$25,436,528$578,500$552,968
07042Montclair, NJ 070421.6 mi26$36,023,572$1,322,000$1,385,522
07110Nutley, NJ 071101.7 mi37$26,619,613$669,975$719,449
07017East Orange, NJ 070172.8 mi49$21,457,933$459,450$437,917
07104Newark, NJ 071043.1 mi22$14,852,310$499,000$675,105
07107Newark, NJ 071073.3 mi15$6,189,900$399,250$412,660
07031North Arlington, NJ 070313.5 mi20$14,947,580$739,000$747,379
07009Cedar Grove, NJ 070093.9 mi20$56,772,100$920,000$2,838,605
07071Lyndhurst, NJ 070714.1 mi17$10,703,880$584,500$629,640
07052West Orange, NJ 070524.2 mi103$78,403,600$634,750$761,200
07055Passaic, NJ 070554.5 mi24$16,665,336$569,000$694,389
07103Newark, NJ 071034.9 mi32$12,107,296$377,250$378,353
07057Wallington, NJ 070575.2 mi3$1,900,638$654,550$633,546

Frequently Asked Questions

How many homes are for sale in BLOOMFIELD, NJ 07003?

As of April 2026, there are 64 active listings in BLOOMFIELD, NJ (zip code 07003), compared to 79 the prior year.

What is the median home price in BLOOMFIELD, NJ 07003?

The median listing price in BLOOMFIELD, NJ 07003 is $549,450 as of April 2026, a 7.8% decrease from $596,250 the prior year.

How long do homes stay on the market in BLOOMFIELD, NJ?

Homes in BLOOMFIELD, NJ 07003 spend an average of 15 days on the market before going under contract, compared to 23 days the prior year.

Is it a seller's or buyer's market in BLOOMFIELD, NJ 07003?

Based on current inventory and days-on-market data as of April 2026, BLOOMFIELD, NJ 07003 is currently a Seller's Market. Inventory has tightened compared to last year, with 15 fewer active listings — creating more competition among buyers. Homes are selling faster, averaging 15 days on market compared to 23 days last year.

How much can I save on real estate commission in BLOOMFIELD, NJ?

With SELL123.com's maximum 3% commission, sellers in BLOOMFIELD, NJ 07003 save an estimated $10,989 compared to a typical 5% commission on the median listing price of $549,450. Our fee structure: 1% listing + 2% selling broker — no additional buyer or seller fees. Call (240) SELL-123 or email info@SELL123.com for a free consultation.