Comprehensive market data and analysis• Updated Dec 2025
3.0 months of supply
Low inventory favors sellers with higher prices and faster sales.
| Acreage | 30D | 3M | 6M | 12M |
|---|---|---|---|---|
| 0-1 acres | - | - | 2 | 2 |
| 1-2 acres | - | - | - | - |
| 2-5 acres | - | - | - | - |
| 5-10 acres | - | - | - | - |
| 10-20 acres | - | - | - | - |
| 20-50 acres | - | - | - | - |
| 50-100 acres | - | - | - | - |
| 100+ acres | - | - | - | - |
| TOTAL | 0 | 0 | 2 | 2 |
Acreage buckets
The median price for land in Garfield, New Jersey is currently $6.3M per acre. For a typical parcel, the median sale price is $725K. Market volatility is currently high, meaning prices can vary significantly based on location and access. Recently, the cheapest land sold for $281K while premium lots reached $725K.
Garfield, New Jersey is currently a seller's market with 3.0 months of supply. Buyers should be prepared to move quickly and may face competitive pricing.
Garfield, New Jersey currently has 3.0 months of inventory supply. This indicates a seller's market. Low supply means competition for available properties is high.
The median land price in Garfield, New Jersey stands at $725K. This translates to roughly $6.3M per acre for the typical parcel size. The average price is $540K, showing a fairly consistent market.
Land in Garfield, New Jersey typically sells within 6 days of listing. The median time on market is 6 days. Properties are moving quickly in the current seller's market.
The current absorption rate in Garfield, New Jersey is 33.3% (3-month basis), indicating strong demand. The top-performing broker in this market is RE/MAX Properties-Saddle River.
Land in Garfield, New Jersey averages $6.3M per acre. The median price per acre is $6.3M, which may be more representative of typical transactions. Most parcels sold are around 5,000 sq ft.
Market statistics are compiled from multiple sources including LandyDandy listings, Zillow.com, Realtor.com, Redfin.com, county records, and MLS data. While we strive for accuracy, these figures are estimates and may not reflect 100% of market activity. Data is updated regularly but some transactions may have reporting delays. For the most accurate assessment of a specific property, we recommend consulting with a local real estate professional.
