Is Glen Ridge, NJ 07028 a buyer’s or seller’s market?
Glen Ridge is a seller’s market. With about 0.4 months of supply and 100% of recent sales closing above the original list price, competing offers are common on well-priced homes. Buyers here often have a pre-approval in hand and a plan for the appraisal gap before touring.
#2 of 112 ZIP codes in Essex, Morris, Union, Sussex & Hunterdon, NJ, and #2 of 531 across all the markets we track.
Based on share sold above original list, sale-to-list ratio, months of supply and days on market for the 3 months ending August 31, 2026. How the heat score works
The Glen Ridge housing market right now
In the three months ending August 31, 2026, 100% of homes in Glen Ridge, NJ 07028 sold above their list price, the typical home went under contract in 15 days and there were 0.4 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. That’s based on 34 home sales.
Compared with the same period a year earlier, the share selling over asking rose from 88%, homes sold faster (56 days then) and the median sale price rose 17% to $1,374,405. Overall, Glen Ridge is more competitive than a year ago, so tougher for buyers.
Within Essex County, homes here sell faster than in 83% of the county’s ZIP codes, and sell more often over asking than in any other ZIP code in the county. On our competition score, Glen Ridge ranks #3 of 444 NJ ZIP codes with enough sales (score 98 out of 100).
Nearby, buyers who want less competition could look at Newark 07102 (25% sold over asking) or Essex Fells 07021 (33% sold over asking).
Run the numbers for 07028
Nearby markets
Belleville 07109Seller’s market $372 /sq ftBloomfield 07003Seller’s market $421 /sq ftCaldwell 07006Seller’s market $434 /sq ftCedar Grove 07009Seller’s market $422 /sq ft Browse all markets →Towns like Glen Ridge nearby
Find towns like Glen Ridge in other states →Where Glen Ridge is
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Questions about Glen Ridge real estate
Is Glen Ridge a buyer’s or seller’s market?
A seller’s market: there were 0.4 months of supply in Glen Ridge, NJ 07028 in the three months ending August 31, 2026. Under four months usually favors sellers, and more than six favors buyers.
How fast do homes sell in Glen Ridge?
The typical home went under contract in 15 days in the latest three months.
Do homes in Glen Ridge sell over asking?
100% of homes sold above their original list price, and the typical sale closed at 127.6% of the list price.
What are property taxes in Glen Ridge?
About 2.26% of a home’s value a year in Glen Ridge Twp, Essex County, or roughly $9,028 on a $400,000 home.
What is the median home price in Glen Ridge?
The median sale price was $1,374,405 in the three months ending August 31, 2026, about $671 per square foot.
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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology