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Meadow Village

CEDAR GROVE, NJ 07009

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

Market Analysis

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

The CEDAR GROVE, NJ real estate market (07009) currently shows 25 active listings, with 13 pending sales. Homes are averaging 16 days on the market before going under contract.

Inventory has tightened compared to last year, with 2 fewer active listings — creating more competition among buyers.

Homes are selling faster, averaging 16 days on market compared to 24 days last year.

The median listing price has risen 10.7% year-over-year, from $699,225 to $773,900.

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 Context

Market Context

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

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

Market Overview

Active Listings
25
⇩ 7.4% vs 27 last year
Pending
13
52% pending ratio
Median Price
$773,900
⇧ 10.7% vs $699,225 last year
Average Price
$1,227,578
⇩ 30.4% vs $1,762,628 last year
Days on Market
16
⇩ 33.3% vs 24 days last year

Price Per Square Foot

Median $/sqft
$409
⇩ 8.3% vs $446/sqft last year
Median Home Size
5,774 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 25 this year vs 27 last year
  • Days on market: 16 now vs 24 last year

Median & Average Pricing

Year over Year
  • Median: $773,900 (+10.7% YoY)
  • Average: $1,227,578 (-30.4% 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 5.4 miles — 202 listings ($205,735,961 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
07009Cedar Grove, NJ 070090.0 mi20$56,772,100$920,000$2,838,605
07044Verona, NJ 070441.8 mi23$13,702,227$607,000$595,749
07006Caldwell, NJ 070062.8 mi29$32,948,553$724,000$1,136,157
07013Clifton, NJ 070133.1 mi44$28,070,284$586,750$637,961
07021Essex Fells, NJ 070213.4 mi8$23,369,064$3,062,499$2,921,133
07028Glen Ridge, NJ 070283.8 mi15$14,256,120$809,000$950,408
07004Fairfield, NJ 070044.3 mi5$5,028,815$874,250$1,005,763
07502Paterson, NJ 075024.7 mi13$7,565,753$565,000$581,981
07503Paterson, NJ 075034.8 mi6$1,869,996$245,000$311,666
07501Paterson, NJ 075014.9 mi13$4,752,813$354,500$365,601
07505Paterson, NJ 075055.1 mi1$285,000$285,000$285,000
07055Passaic, NJ 070555.3 mi24$16,665,336$569,000$694,389
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 April 2026, there are 25 active listings in CEDAR GROVE, NJ (zip code 07009), compared to 27 the prior year.

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

The median listing price in CEDAR GROVE, NJ 07009 is $773,900 as of April 2026, a 10.7% increase from $699,225 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 16 days on the market before going under contract, compared to 24 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 April 2026, CEDAR GROVE, NJ 07009 is currently a Seller's Market. Inventory has tightened compared to last year, with 2 fewer active listings — creating more competition among buyers. Homes are selling faster, averaging 16 days on market compared to 24 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 $15,478 compared to a typical 5% commission on the median listing price of $773,900. 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.