Stacy Esser Group March 18, 2025
Central Bergen County Real Estate Market Update – March 2025
Hey everyone! Kelly Weber with Keller Williams here, bringing you this month’s Central Bergen County real estate market update. Let’s jump right in and break down the latest trends in some of our key towns: Oradell, River Edge, Emerson, New Milford, Bergenfield, and Dumont.
Every Town is Up!
This month, every town in Central Bergen County has experienced growth! Take a look at these median home values – year-over-year appreciation is phenomenal. However, inventory remains low in many areas, continuing to favor sellers.
Market Highlights by Town
🔹 Oradell
Less than one month of inventory
Sold-to-list price ratio: 105.3% 💯
Median days on market: 22
Median sold price: $1.5M
🔹 River Edge
Less than one month of inventory
Sold-to-list price ratio: 105.3%
Median days on market: Higher than last month
Median sold price: $750K
🔹 Emerson
Less than one month of inventory
Homes are selling so fast that additional data isn’t available this month
Emerson is quickly becoming a hot market! Now is the time to buy or sell.
🔹 New Milford
1.4 months of inventory
Sold-to-list price ratio: Consistent with other towns
Median days on market: Stable
Median sold price: $600K
🔹 Dumont
Just under 2 months of inventory
Sold-to-list price ratio: In line with market trends
Median days on market: Steady
Median sold price: $576,500
🔹 Bergenfield
Less than 2 months of inventory
Sold-to-list price ratio: 103.9%
Strong seller’s market despite slightly higher inventory levels
What This Means for Buyers & Sellers✅
Sellers: Homes are selling quickly, often with multiple offers over asking price. If your home isn’t moving, pricing is likely the issue. Let’s schedule a strategy session to maximize your home’s value!
Buyers: It’s essential to be pre-approved and have a strong strategy in place to win in this competitive market.
Spring is just around the corner, and we’re expecting a red-hot market. Now is the time to take action! Click the link below to connect. 💚 Looking forward to seeing you next month with another update!
Stay up to date on the latest real estate trends.
That’s the foundation of our Buyer Upside Method™. Because the goal isn’t just to buy a home
If you are considering a move, or simply want clarity on where you stand, start with a real strategy.
The Buyers Who Are Winning Right Now Aren’t Just Looking for A House They Love.
Tenafly is known for its tight-knit community, walkable downtown, and vibrant suburban energy.
An inherited home deserves more than a sign in the yard. It deserves positioning.
Luxury homes in Tenafly hold serious value. But holding on too long can eat into that equity.
Especially when paired with Tenafly’s highly ranked schools and proximity to NYC.
Another reason this trend stands out is the variety of neighborhoods within Tenafly itself.
The Oradell real estate market is one of the strongest in Central Bergen County right now.
SEG is a high performing Bergen County luxury real estate team that blends relationship driven service, cutting edge marketing, and strategic negotiation to consistently outperform traditional agents.