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FAIRFIELD, NJ 07004

Real Estate Market Report  ·  Essex County
Balanced Market
January 2026  ·  Source: Realtor.com

Market Overview

Active Listings
10
⇧ 66.7% vs 6 last year
Pending
4
40% pending ratio
Median Price
$779,000
⇧ 16.4% vs $669,000 last year
Average Price
$839,670
⇧ 20.6% vs $696,233 last year
Days on Market
21
⇩ 68.7% vs 67 days last year

Market Context

Population: 7,723  ·  Density: 294.4/mi²  ·  Median household income: $110,703

Typical home value: $622,281  ·  Homeownership: 81.7%

Market Analysis

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

The FAIRFIELD, NJ real estate market (07004) currently shows 10 active listings, with 4 pending sales. Homes are averaging 21 days on the market before going under contract.

Inventory has increased compared to last year, with 4 more homes available — giving buyers more choice.

Homes are selling faster, averaging 21 days on market compared to 67 days last year.

The median listing price has risen 16.4% year-over-year, from $669,000 to $779,000.

Whether you are buying or selling in FAIRFIELD, NJ, SELL123.com can help you save significantly on commission — typically 2% compared to traditional 5% broker fees. Call (240) SELL-123 for a free consultation.

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Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 10 this year vs 6 last year
  • Days on market: 21 now vs 67 last year

Median & Average Pricing

Year over Year
  • Median: $779,000 (+16.4% YoY)
  • Average: $839,670 (+20.6% 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

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 6.9 miles — 325 listings ($304,234,461 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
07004Fairfield, NJ 070040.0 mi10$8,396,700$779,000$839,670
07006Caldwell, NJ 070062.4 mi30$36,416,430$820,000$1,213,881
07082Towaco, NJ 070823.7 mi24$22,607,208$649,900$941,967
07034Lake Hiawatha, NJ 070344.0 mi17$8,889,300$399,950$522,900
07068Roseland, NJ 070684.3 mi11$11,255,442$835,000$1,023,222
07440Pequannock, NJ 074404.4 mi5$3,258,320$660,000$651,664
07044Verona, NJ 070444.7 mi23$14,379,853$605,000$625,211
07936East Hanover, NJ 079365.4 mi15$13,562,130$829,000$904,142
07054Parsippany, NJ 070545.5 mi23$18,420,148$725,000$800,876
07043Montclair, NJ 070436.0 mi10$22,390,000$1,100,000$2,239,000
07042Montclair, NJ 070426.6 mi31$53,054,950$1,547,500$1,711,450
07052West Orange, NJ 070526.8 mi81$62,146,035$639,000$767,235
07013Clifton, NJ 070136.9 mi45$29,457,945$594,000$654,621

Frequently Asked Questions

How many homes are for sale in FAIRFIELD, NJ 07004?

As of January 2026, there are 10 active listings in FAIRFIELD, NJ (zip code 07004), compared to 6 the prior year.

What is the median home price in FAIRFIELD, NJ 07004?

The median listing price in FAIRFIELD, NJ 07004 is $779,000 as of January 2026, a 16.4% increase from $669,000 the prior year.

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

Homes in FAIRFIELD, NJ 07004 spend an average of 21 days on the market before going under contract, compared to 67 days the prior year.

Is it a seller's or buyer's market in FAIRFIELD, NJ 07004?

Based on current inventory and days-on-market data as of January 2026, FAIRFIELD, NJ 07004 is currently a Balanced Market. Inventory has increased compared to last year, with 4 more homes available — giving buyers more choice. Homes are selling faster, averaging 21 days on market compared to 67 days last year.

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

With SELL123.com's maximum 3% commission, sellers in FAIRFIELD, NJ 07004 save an estimated $15,580 compared to a typical 5% commission on the median listing price of $779,000. 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.