Is Netcong, NJ 07857 a buyer’s or seller’s market?

The Netcong housing market right now

In the three months ending August 31, 2026, 50% of homes in Netcong, NJ 07857 sold above their list price, the typical home went under contract in 15 days and there were 4.8 months of supply. Four to six months of supply is a balanced market, where pricing and condition decide how much room there is to negotiate. With only 6 sales, these figures can swing a lot from month to month.

Compared with the same period a year earlier, the share selling over asking fell from 78%, homes sold faster (50 days then) and the median sale price fell 2% to $509,779. Overall, Netcong is less competitive than a year ago, which gives buyers more room.

Within Morris County, homes here sell faster than in 78% of the county’s ZIP codes, and sell less often over asking than in 91%.

Nearby, buyers who want less competition could look at Hibernia 07842 (0% sold over asking) or New Vernon 07976 (20% sold over asking), while Kenvil 07847 (100% sold over asking) and Mount Tabor 07878 (100% sold over asking) are even more competitive.