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Meadow Village

CEDAR GROVE, NJ 07009

Real Estate Market Report  ·  Essex County
Buyer's Market
January 2026  ·  Source: Realtor.com

Market Overview

Active Listings
20
⇧ 25% vs 16 last year
Pending
7
35% pending ratio
Median Price
$869,750
⇧ 12.7% vs $772,000 last year
Average Price
$2,782,243
⇩ 5.7% vs $2,949,911 last year
Days on Market
45
⇧ 45.2% vs 31 days last year

Market Context

Population: 13,225  ·  Density: 1,201.6/mi²  ·  Median household income: $152,813

Typical home value: $584,577  ·  Homeownership: 83.8%

Market Analysis

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

The CEDAR GROVE, NJ real estate market (07009) currently shows 20 active listings, with 7 pending sales. Homes are averaging 45 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 taking longer to sell, averaging 45 days on market compared to 31 days last year.

The median listing price has risen 12.7% year-over-year, from $772,000 to $869,750.

Whether you are buying or selling in CEDAR GROVE, 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: 20 this year vs 16 last year
  • Days on market: 45 now vs 31 last year

Median & Average Pricing

Year over Year
  • Median: $869,750 (+12.7% YoY)
  • Average: $2,782,243 (-5.7% 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 5.4 miles — 212 listings ($205,778,274 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
07009Cedar Grove, NJ 070090.0 mi20$55,644,860$869,750$2,782,243
07044Verona, NJ 070441.8 mi23$14,379,853$605,000$625,211
07006Caldwell, NJ 070062.8 mi30$36,416,430$820,000$1,213,881
07013Clifton, NJ 070133.1 mi45$29,457,945$594,000$654,621
07021Essex Fells, NJ 070213.4 mi7$20,291,460$3,099,999$2,898,780
07028Glen Ridge, NJ 070283.8 mi8$9,081,336$450,000$1,135,167
07004Fairfield, NJ 070044.3 mi10$8,396,700$779,000$839,670
07502Paterson, NJ 075024.7 mi12$7,220,400$550,000$601,700
07503Paterson, NJ 075034.8 mi6$2,151,000$335,000$358,500
07501Paterson, NJ 075014.9 mi18$6,866,586$395,000$381,477
07505Paterson, NJ 075055.1 mi1$285,000$285,000$285,000
07055Passaic, NJ 070555.3 mi31$15,136,804$370,000$488,284
07513Paterson, NJ 075135.4 mi1$449,900$449,900$449,900

Frequently Asked Questions

How many homes are for sale in CEDAR GROVE, NJ 07009?

As of January 2026, there are 20 active listings in CEDAR GROVE, NJ (zip code 07009), compared to 16 the prior year.

What is the median home price in CEDAR GROVE, NJ 07009?

The median listing price in CEDAR GROVE, NJ 07009 is $869,750 as of January 2026, a 12.7% increase from $772,000 the prior year.

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

Homes in CEDAR GROVE, NJ 07009 spend an average of 45 days on the market before going under contract, compared to 31 days the prior year.

Is it a seller's or buyer's market in CEDAR GROVE, NJ 07009?

Based on current inventory and days-on-market data as of January 2026, CEDAR GROVE, NJ 07009 is currently a Buyer's Market. Inventory has increased compared to last year, with 4 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 45 days on market compared to 31 days last year.

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

With SELL123.com's maximum 3% commission, sellers in CEDAR GROVE, NJ 07009 save an estimated $17,395 compared to a typical 5% commission on the median listing price of $869,750. 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.