Is Northvale, NJ 07647 a buyer’s or seller’s market?
Northvale is a seller’s market. With about 3.7 months of supply and 62% 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 Northvale housing market right now
In the three months ending August 31, 2026, 62% of homes in Northvale, NJ 07647 sold above their list price, the typical home went under contract in 66 days and there were 3.7 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. That’s based on 13 home sales.
Compared with the same period a year earlier, the share selling over asking rose from 36%, homes sold faster (103 days then) and the median sale price rose 4% to $805,651. Overall, Northvale is more competitive than a year ago, so tougher for buyers.
Within Bergen County, homes here sell faster than in 58% of the county’s ZIP codes, and sell more often over asking than in 52%.
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 07647
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 Northvale nearby
Find towns like Northvale in other states →Where Northvale is
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Questions about Northvale real estate
Is Northvale a buyer’s or seller’s market?
A seller’s market: there were 3.7 months of supply in Northvale, NJ 07647 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 Northvale?
The typical home went under contract in 66 days in the latest three months.
Do homes in Northvale sell over asking?
62% of homes sold above their original list price, and the typical sale closed at 102.1% of the list price.
What are property taxes in Northvale?
About 2.27% of a home’s value a year in Northvale Boro, Bergen County, or roughly $9,064 on a $400,000 home.
What is the median home price in Northvale?
The median sale price was $805,651 in the three months ending August 31, 2026, about $451 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