Is Roselle Park, NJ 07204 a buyer’s or seller’s market?

Seller’s market 3 months ending August 31, 2026 · Source: Redfin

Roselle Park is a seller’s market. With about 2.1 months of supply and 67% 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.

Heat score59/ 100

#64 of 112 ZIP codes in Essex, Morris, Union, Sussex & Hunterdon, NJ, and #198 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

Months of supply2.1Under 4 months = seller’s market
Sold above original list66.6%Share of sales, last 3 months
Median sale-to-list103%Sold price ÷ list price
Median days on market26Listing to accepted offer
Median price per sq ft$389▲ +3.3% vs. last year

The Roselle Park housing market right now

In the three months ending August 31, 2026, 67% of homes in Roselle Park, NJ 07204 sold above their list price, the typical home went under contract in 26 days and there were 2.1 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. That’s based on 31 home sales.

Compared with the same period a year earlier, the share selling over asking fell from 81%, homes sold more slowly (20 days then) and the median sale price rose 2% to $582,248. Overall, Roselle Park is less competitive than a year ago, which gives buyers more room.

Within Union County, homes here sell more slowly than in 56% of the county’s ZIP codes, and sell less often over asking than in 56%. On our competition score, Roselle Park ranks #104 of 444 NJ ZIP codes with enough sales (score 88 out of 100).

Nearby, buyers who want less competition could look at Elizabethport 07206 (58% sold over asking) or Linden 07036 (59% sold over asking), while New Providence 07974 (91% sold over asking) and Berkeley Heights 07922 (85% sold over asking) are even more competitive.

Nearby markets

Berkeley Heights 07922Seller’s market $504 /sq ftClark 07066Seller’s market $413 /sq ftCranford 07016Seller’s market $469 /sq ftElizabeth 07201Balanced $296 /sq ft Browse all markets →

Where Roselle Park is

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Questions about Roselle Park real estate

Is Roselle Park a buyer’s or seller’s market?

A seller’s market: there were 2.1 months of supply in Roselle Park, NJ 07204 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 Roselle Park?

The typical home went under contract in 26 days in the latest three months.

Do homes in Roselle Park sell over asking?

67% of homes sold above their original list price, and the typical sale closed at 103.0% of the list price.

What are property taxes in Roselle Park?

About 2.52% of a home’s value a year in Roselle Park Boro, Union County, or roughly $10,084 on a $400,000 home.

What is the median home price in Roselle Park?

The median sale price was $582,248 in the three months ending August 31, 2026, about $389 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