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Zillow Home Value Index, Zillow Home Value Index, bottom tier and Zillow Observed Rent Index, and every figure derived from them, reports included.

State

New Jersey

The Garden State

Computed from the data · not AIComputed from the data, not AI. The figures, rankings, costs, profiles, summaries and maps on this page are assembled from published data by fixed rules, not written by AI. When a region includes a labelled interpretation inside its expanded detail, that is the one part a language model wrote.
The New Jersey State House in Trenton, a cream stone building with a gold dome, under a clear blue sky
The State House, TrentonPhoto: ajay_suresh, CC BY 4.0, cropped

Housing market†

$535,000Median sold-home priceMedian sold-home price. The middle price paid for homes sold here in the last twelve months on file. Shown only where 50 or more sold.Kind of figure: Administrative recordsWhy it matters: Fresher than the three-year figure, and noisier, so it is shown only where there are enough sales.Jul 2025–Jun 2026 · NJ sale records
$1.87 per $100Effective property tax rateEffective property tax rate. Property tax per $100 of what a home is actually worth on the market, as New Jersey publishes it.Kind of figure: Official determinationWhy it matters: The one property tax figure that can be compared between towns, because it is measured against market value rather than each town’s own assessment.2025 · NJ Division of Taxation
153,655Homes soldHomes sold. How many one- to four-family homes sold here in an arm’s-length sale over the three years shown, as the state recorded them.Kind of figure: Administrative recordsWhy it matters: Every sales figure on this page rests on this many sales: the fewer, the more one sale can move them.Jan 2024–Jun 2026 · NJ sale records
Scope

Sale price covers qualifying residential sales—not the value of every home.

The effective rate is the property tax levied per $100 of a home’s market value, statewide; a town’s rate can be far higher or lower.

Homes sold counts qualifying residential sales over the whole window shown, not one year.

Where workers commute

4,505,527 working residents · New Jersey

35.8%Home county

Work in the county they live in.

100 tiles ≈ reported shares, not individual workers or a map. Census LEHD origin–destination records · 2023. Primary jobs of New Jersey residents, by where the job is.

Statewide data

Statewide stories

The homes that sold

$520,000 median recorded sale

Recorded 1–4-family sales—not asking prices.

NJ Treasury · SR1A · Jan 2024–Jun 2026

Housing cost burden

77% of renters in the lowest income band are cost-burdened

Up to 30% of HUD area family income · survey estimate.

HUD CHAS · Census ACS · 2018–2022

Buyer financing

$445,000 median purchase mortgage

Historical loans—not current offers.

CFPB · HMDA · 2025

Building & demolition

12,201 net homes added

Preliminary · missing reports are not zero.

Census BPS / NJ DCA · 2025 · Preliminary

Sites & cleanup

7,734 site cleanups open in NJDEP’s records

Site records—not a property’s exposure or safety.

NJDEP site records · 2026 record snapshot

Internet availability

77.0% of mapped locations have a fiber offer

Mapped locations—not households or measured speeds.

FCC provider reports · 2025-12-31 · revised 2026-10-13

Visual stories

All stories

Only in New Jersey: the state’s character, drawn from the data.

The Wawa line

The Wawa–QuickChek divide, and home values on either side.

† About the statewide figures

A county's or the state's effective tax rate is worked out here from its towns' published rates, each weighted by the town's equalized valuation in the state's Table of Equalized Valuations: the levy over the value, taken together.

Sale prices describe the one- to four-family homes that sold, not every home: a medianMedian. The middle value: half are above it and half below. Unlike an average, a few very large values do not pull it up. that rises can mean pricier homes changed hands rather than homes becoming worth more. Counties and the state are computed from the deeds themselves, never from town medians.

The sales ratio is a home's assessed valueAssessed value. The value the town puts on a property for tax purposes. It can be far from today’s market price, since towns reassess only every few years. over its sale price. Below 100% means assessments trail the market, which they do more the longer since a town last revalued; it is not a tax rate and says nothing alone about a bill.

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