Population: 4,542 · Density: 2,696.4/mi² · Median household income: $107,823
Typical home value: $470,361 · Homeownership: 51.1%
Data as of January 2026. Source: Realtor.com.
The GARWOOD, NJ real estate market (07027) currently shows 10 active listings, with 6 pending sales. Homes are averaging 74 days on the market before going under contract.
Inventory has increased compared to last year, with 5 more homes available — giving buyers more choice.
Homes are selling faster, averaging 74 days on market compared to 113 days last year.
The median listing price has fallen 19.4% year-over-year, from $974,225 to $784,950.
Whether you are buying or selling in GARWOOD, 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.
| Zip | City / State | Distance | Listings | Market Value | Median $ | Average $ |
|---|---|---|---|---|---|---|
| 07027 | Garwood, NJ 07027 | 0.0 mi | 10 | $8,349,750 | $784,950 | $834,975 |
| 07016 | Cranford, NJ 07016 | 1.1 mi | 27 | $17,990,316 | $639,500 | $666,308 |
| 07033 | Kenilworth, NJ 07033 | 2.6 mi | 17 | $11,400,659 | $649,999 | $670,627 |
| 07076 | Scotch Plains, NJ 07076 | 2.9 mi | 43 | $46,270,967 | $923,750 | $1,076,069 |
| 07203 | Roselle, NJ 07203 | 3.3 mi | 46 | $23,950,912 | $517,500 | $520,672 |
| 07023 | Fanwood, NJ 07023 | 3.3 mi | 12 | $9,599,868 | $749,000 | $799,989 |
| 07067 | Colonia, NJ 07067 | 4.1 mi | 35 | $33,269,775 | $749,250 | $950,565 |
| 07062 | Plainfield, NJ 07062 | 4.4 mi | 34 | $16,997,076 | $483,000 | $499,914 |
| 07901 | Summit, NJ 07901 | 4.9 mi | 19 | $34,791,185 | $1,300,000 | $1,831,115 |
| 07041 | Millburn, NJ 07041 | 5.1 mi | 9 | $9,526,500 | $1,200,000 | $1,058,500 |
| 07208 | Elizabeth, NJ 07208 | 5.4 mi | 23 | $13,997,133 | $637,500 | $608,571 |
| 07202 | Elizabeth, NJ 07202 | 5.6 mi | 18 | $7,702,200 | $375,000 | $427,900 |
| 08830 | Iselin, NJ 08830 | 5.7 mi | 36 | $22,893,192 | $550,000 | $635,922 |
As of January 2026, there are 10 active listings in GARWOOD, NJ (zip code 07027), compared to 5 the prior year.
The median listing price in GARWOOD, NJ 07027 is $784,950 as of January 2026, a 19.4% decrease from $974,225 the prior year.
Homes in GARWOOD, NJ 07027 spend an average of 74 days on the market before going under contract, compared to 113 days the prior year.
Based on current inventory and days-on-market data as of January 2026, GARWOOD, NJ 07027 is currently a Balanced Market. Inventory has increased compared to last year, with 5 more homes available — giving buyers more choice. Homes are selling faster, averaging 74 days on market compared to 113 days last year.
With SELL123.com's maximum 3% commission, sellers in GARWOOD, NJ 07027 save an estimated $15,699 compared to a typical 5% commission on the median listing price of $784,950. 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.