Property prices for sale in Northvale (New Jersey)

The price per sq.feet in Northvale has had a strong decrease during the last 6 months. In October, the average price per sq.feet was $611. In the following month the price per sq.feet decreased to $554. The price for the following two months in (December, January) had a considerable decrease of 56 with regard to the prior two months. The price per sq.feet has had a considerable deflation of 59 % 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 $453.5 to $268 during February, and March.

Based upon to the price in Northvale (cities), this has fallen considerably in the last 6 months. In our first sample month during October, the average price is $582,333. In November This price remains at $605,667. During the following two months (December, January) the average price had a considerable reduction of 49 % with regard to the previous two months. During the last two months the average price has had a strong fall compared to the previous four going from $441,937.5 to $251,333.5, which means a 57 % fall.