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New Vernon, New Jersey Land Market Statistics

Comprehensive market data and analysis• Updated Dec 2025

Active Listings
0
Sold (12M)
1
Median Price
$2.4M
Market Condition
Balanced Market

New Vernon, New Jersey Market Meter

Buyer'sSeller's
Balanced Market

Market conditions are relatively balanced between buyers and sellers.

Market Overview

Median Price
$2.4M
Avg Price/Acre
-
Avg Days on Market
17
Months of Supply
-
YoY Price Change
-
New Listings (3M)
0

Land Market Data by Acreage

Data Type:
View:
Acreage30D3M6M12M
No acreage data available for New Vernon, New Jersey
📊 Sold Counts: The total number of land parcels that sold during each time period.How to read: If "5-10 acres" shows 25 under "30D", that means 25 parcels between 5-10 acres sold in the last 30 days. The "3M" column shows sales from the last 3 months, "12M" shows the full year, etc.Higher numbers = active market with lots of buyers. Lower numbers = slower market with fewer sales.

Market Trends & Analysis

Inventory by Acreage (12 Months)

No inventory data available

Median Price by Acreage

No price data available

Key Market Indicators

Total Sales Volume
$2.4M
Last 12 months
Active Listings
0
Current inventory
Avg Days on Market
17
Time to sell
Price Trend (YoY)
-
Year over year

New Vernon, New Jersey Land Market Analysis

How much is land worth in New Vernon, New Jersey?

For a typical parcel, the median sale price is $2.4M. Recently, the cheapest land sold for $2.4M while premium lots reached $2.4M.

How long does it take to sell land in New Vernon, New Jersey?

Land in New Vernon, New Jersey typically sells within 17 days of listing. The median time on market is 17 days. Properties are moving quickly.

Is now a good time to invest in land in New Vernon, New Jersey?

The top-performing broker in this market is Turpin Real Estate, Inc..

What is the total amount sold in New Vernon, New Jersey last year?

Over the past 12 months, New Vernon, New Jersey saw 1 properties sold, totaling $2.4M in sales volume.

What is the absorption rate for land in New Vernon, New Jersey?

The 12-month rate is 100.0%. Absorption rate shows what percentage of available inventory is being sold, with higher rates indicating stronger buyer demand.

What is the median land price in New Vernon, New Jersey?

The median land price in New Vernon, New Jersey stands at $2.4M.

Data Sources & Accuracy

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.

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