Comprehensive market data and analysis• Updated Oct 2026
4.5 months of supply
Low inventory favors sellers with higher prices and faster sales.
| Acreage | 30D | 3M | 6M | 12M |
|---|---|---|---|---|
| 0-1 acres | - | - | - | - |
| 1-2 acres | 1 | 1 | 1 | 2 |
| 2-5 acres | 1 | 1 | 1 | 1 |
| 5-10 acres | - | - | - | - |
| 10-20 acres | - | - | - | - |
| 20-50 acres | - | - | - | - |
| 50-100 acres | - | - | - | - |
| 100+ acres | - | - | - | - |
| TOTAL | 2 | 2 | 2 | 3 |
Acreage buckets
The median price for land in Watchung, New Jersey is currently $283K per acre. For a typical parcel, the median sale price is $665K. Market volatility is currently high, meaning prices can vary significantly based on location and access. Recently, the cheapest land sold for $447K while premium lots reached $830K.
Watchung, New Jersey is currently a seller's market with 4.5 months of supply. Buyers should be prepared to move quickly and may face competitive pricing.
Watchung, New Jersey currently has 4.5 months of inventory supply. This indicates a seller's market. Low supply means competition for available properties is high.
The 3-month absorption rate in Watchung, New Jersey is 22.2%. The 12-month rate is 11.1%. Absorption rate shows what percentage of available inventory is being sold, with higher rates indicating stronger buyer demand.
Over the past 12 months, Watchung, New Jersey saw 4 properties sold, totaling $2.6M in sales volume. In just the last 3 months, 2 properties changed hands.
Land in Watchung, New Jersey averages $354K per acre. The median price per acre is $283K, which may be more representative of typical transactions. Most parcels sold are around 1.5 acres.
There are currently 3 active listings in Watchung, New Jersey. The median asking price is $499K.
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, and some transactions are reported late. The date at the top of the page is the report date. For the most accurate assessment of a specific property, we recommend consulting with a local real estate professional.
See land for sale and off-market property records in Watchung on LandyDandy.
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