Is East Rutherford, NJ 07073 a buyer’s or seller’s market?
East Rutherford is a seller’s market. With about 2.5 months of supply and 79% 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.
Not ranked this month. Fewer than 15 sales in the 3-month window, so the numbers can swing too much to compare fairly. How the heat score works
The East Rutherford housing market right now
In the three months ending August 31, 2026, 79% of homes in East Rutherford, NJ 07073 sold above their list price, the typical home went under contract in 53 days and there were 2.5 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. That’s based on 14 home sales.
Compared with the same period a year earlier, the share selling over asking rose from 67%, homes sold more slowly (51 days then) and the median sale price rose 21% to $712,192. Overall, East Rutherford is more competitive than a year ago, so tougher for buyers.
Within Bergen County, homes here sell faster than in 92% of the county’s ZIP codes, and sell more often over asking than in 91%.
Nearby, buyers who want less competition could look at Alpine 07620 (0% sold over asking) or Moonachie 07074 (0% sold over asking), while South Hackensack 07606 (100% sold over asking) and Waldwick 07463 (86% sold over asking) are even more competitive.
Run the numbers for 07073
Nearby markets
Allendale 07401Seller’s market $485 /sq ftAlpine 07620Buyer’s market $792 /sq ftBergenfield 07621Seller’s market $484 /sq ftBogota 07603Buyer’s market $391 /sq ft Browse all markets →Towns like East Rutherford nearby
Find towns like East Rutherford in other states →Where East Rutherford is
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Questions about East Rutherford real estate
Is East Rutherford a buyer’s or seller’s market?
A seller’s market: there were 2.5 months of supply in East Rutherford, NJ 07073 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 East Rutherford?
The typical home went under contract in 53 days in the latest three months.
Do homes in East Rutherford sell over asking?
79% of homes sold above their original list price, and the typical sale closed at 102.6% of the list price.
What are property taxes in East Rutherford?
About 2.07% of a home’s value a year in Bergen County, where towns range from 0.79% to 2.60%, or roughly $8,272 on a $400,000 home.
What is the median home price in East Rutherford?
The median sale price was $712,192 in the three months ending August 31, 2026, about $397 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