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Newfoundland

NEWFOUNDLAND, NJ 07435

Real Estate Market Report  ·  Morris County
Buyer's Market
September 2026  ·  Source: Realtor.com

Neighborhoods in ZIP 07435

Newfoundland

Market Analysis

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

The NEWFOUNDLAND, NJ real estate market (07435) currently shows 13 active listings, with 6 pending sales. Homes are averaging 53 days on the market before going under contract.

Inventory has increased compared to last year, with 7 more homes available — giving buyers more choice.

Homes are taking longer to sell, averaging 53 days on market compared to 45 days last year.

The median listing price has risen 28.2% year-over-year, from $674,175 to $864,000.

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Market Context

Market Context

Population: 2,453  ·  Density: 75.2/mi²  ·  Median household income: $136,600

Typical home value: $454,296  ·  Homeownership: 76.4%

Market Overview

Active Listings
13
⇧ 116.7% vs 6 last year
Pending
6
46% pending ratio
Median Price
$864,000
⇧ 28.2% vs $674,175 last year
Average Price
$869,261
⇧ 25.5% vs $692,725 last year
Days on Market
53
⇧ 17.8% vs 45 days last year

Price Per Square Foot

Median $/sqft
$235
⇩ 5.2% vs $248/sqft last year
Median Home Size
21,572 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 13 this year vs 6 last year
  • Days on market: 53 now vs 45 last year

Median & Average Pricing

Year over Year
  • Median: $864,000 (+28.2% YoY)
  • Average: $869,261 (+25.5% 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 10.2 miles — 316 listings ($173,336,925 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
07435Newfoundland, NJ 074350.0 mi2$3,044,000$1,522,000$1,522,000
07480West Milford, NJ 074804.5 mi49$23,399,117$407,450$477,533
07460Stockholm, NJ 074605.5 mi9$4,122,144$467,050$458,016
07866Rockaway, NJ 078666.6 mi52$26,262,600$523,450$505,050
07465Wanaque, NJ 074657.5 mi23$10,448,302$444,925$454,274
07005Boonton, NJ 070058.1 mi28$29,902,628$789,000$1,067,951
07442Pompton Lakes, NJ 074428.6 mi19$8,945,770$474,500$470,830
07416Franklin, NJ 074168.9 mi13$6,109,532$349,900$469,964
07801Dover, NJ 078019.4 mi19$9,276,389$448,225$488,231
07422Highland Lakes, NJ 074229.5 mi23$10,397,679$385,999$452,073
07456Ringwood, NJ 074569.7 mi21$12,162,150$599,389$579,150
07440Pequannock, NJ 0744010.1 mi7$3,465,000$495,000$495,000
07419Hamburg, NJ 0741910.2 mi51$25,801,614$450,725$505,914

Frequently Asked Questions

How many homes are for sale in NEWFOUNDLAND, NJ 07435?

As of September 2026, there are 13 active listings in NEWFOUNDLAND, NJ (zip code 07435), compared to 6 the prior year.

What is the median home price in NEWFOUNDLAND, NJ 07435?

The median listing price in NEWFOUNDLAND, NJ 07435 is $864,000 as of September 2026, a 28.2% increase from $674,175 the prior year.

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

Homes in NEWFOUNDLAND, NJ 07435 spend an average of 53 days on the market before going under contract, compared to 45 days the prior year.

Is it a seller's or buyer's market in NEWFOUNDLAND, NJ 07435?

Based on current inventory and days-on-market data as of September 2026, NEWFOUNDLAND, NJ 07435 is currently a Buyer's Market. Inventory has increased compared to last year, with 7 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 53 days on market compared to 45 days last year.

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

With SELL123.com's maximum 3% commission, sellers in NEWFOUNDLAND, NJ 07435 save an estimated $17,280 compared to a typical 5% commission on the median listing price of $864,000. 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.