Property prices for sale in Cedar Grove (New Jersey)

The prices in real estate in Cedar Grove, in the New Jersey region have had a strong rise in the last couple of months. The real estate prices for second hand homes have gone through a strong increase in this city.

$731,208.17
Average price last 6 months
$2,752.33
Price/sq.feet last 6 months
Average price per sq.feet

The price per sq.feet in Cedar Grove has increased strongly during the last 6 months. In June, the average price per sq.feet was $2,391. In the following month the price per sq.feet increased considerably to $10,036. The price for the following two months in (August, September) had a considerable decrease of 28 with regard to the prior two months. The price per sq.feet has had a considerable deflation of 7 % in the last two months compared to the average price for the previous four months. This was obtained by comparing the first four months of the period going from a price per sq.feet of $3,982.25 to $292.5 during October, and November.

Average price

Based upon to the price in Cedar Grove (cities), these have remained the same in the last 6 months. The price in June is $734,849, rising in July till $812,245. In the following two months the average price has remained the same with regard to the previous two months from $773,547 to $748,378. During the last two months, the average price has reduced with regard to the previous ones. To be precise it has gone down 88 %, going from $760,962.5 to $671,699.5 in October and November.

Average price per bedrooms

The graph displaying the average price for bedrooms illustrates that those properties with 2 bedrooms are the most costly ones. At a price of $655,662 they are 9 % more expensive than the average price for Cedar Grove. Following this ranking we find those properties with 1 at an average price of $718,837. The properties with the highest average price have 1 bedroom, Their price is 10 % more costly than the average. After that we have properties with 2 bedrooms priced at $712,292.

With regard to the average price per sq.feet , those properties with 2 bedrooms are the cheapest ones at a cost of $263 / sq.feet, with an average $294 / sq.feet price in Cedar Grove. The properties with the lowest average prices have 1 bedroom. They are 10 % cheaper than the average followed by properties with 2 bedrooms with a price at $263 / sq.feet.

Price per property type

With regard to the average price based upon the property in Cedar Grove we can see that most expensive property type is "House" at a price of $712,292, they are 9 % more costly than the average price of (!PRECIO2!). "House" has the highest price. This price is 9 % more expensive than the average price aforementioned.

According to the average area cost by sq.feet the cheapest property type is "House with an average price of $263 / sq.feet. "House" with an average cost of $263 / sq.feet has the lowest price and would be directed at less affluent cities.

Charts data
Average price November
Average price per sq.feet November
Number of properties used in Cedar Grove
Number of properties used in region New Jersey
$655,662
$294
120
161,676
** Graph's data with null or zero value are due to there isn't enough data available to get a reliable value
Brand New Home In Cedar Grove, Nj. 3 Bed, 2 Bath
 40
Brand New Home In Cedar Grove, Nj. 3 Bed, 2 Bath
$730,730$734,220
Cedar Grove, New Jersey - For Sale - House - 2,341 sq.feet - 3 bedrooms - 3 bathrooms
® homes, and is located in the community of the hilltop at cedar grove at 30 aspen drive, cedar grove, nj-07009. This townhome inventory home is priced at $730,730...
Brand New Home In Cedar Grove, Nj. 3 Bed, 2 Bath
 33
Brand New Home In Cedar Grove, Nj. 3 Bed, 2 Bath
$841,337$861,337
Cedar Grove, New Jersey - For Sale - House - 3,047 sq.feet - 3 bedrooms - 3 bathrooms
® homes, and is located in the community of the hilltop at cedar grove at 24 sequoia drive, cedar grove, nj-07009. This townhome inventory home is priced at $841,337...
Brand New Home In Cedar Grove, Nj. 3 Bed, 2 Bath
 18
Brand New Home In Cedar Grove, Nj. 3 Bed, 2 Bath
$838,908
Cedar Grove, New Jersey - For Sale - House - 3,047 sq.feet - 3 bedrooms - 3 bathrooms
® homes, and is located in the community of the hilltop at cedar grove at 34 sequoia drive, cedar grove, nj-07009. This townhome inventory home is priced at $838,908...
The Haverford By K. Hovnanian® Homes: Plan To Be Built
 1
The Haverford By K. Hovnanian® Homes: Plan To Be Built
$690,000
New Jersey - For Sale - House - 2,500 sq.feet - 3 bedrooms - 5 bathrooms
This to-be-built home is the haverford by k. Hovnanian® homes, and is located in hilltop at cedar grove, in cedar grove, nj. The home has 3 beds, two bathrooms, one...
New Construction At 264 Aspen Drive, By K. Hovnanian® Homes
 1
New Construction At 264 Aspen Drive, By K. Hovnanian® Homes
$499,990
New Jersey - For Sale - House - 1,632 sq.feet - 2 bedrooms - 3 bathrooms
This new construction home is the norfolk ii walkout basement by k. Hovnanian® homes, and is located in hilltop at cedar grove, in cedar grove, nj. The home...