The Unshakable Investor

Unshakable ZIP Data 07009 | Cedar Grove, NJ Housing Market

Cedar Grove · Essex County · New York-Newark-Jersey City, NY-NJ-PA metro · New Jersey · Data updated June 19, 2026

The median sale price in ZIP 07009, Cedar Grove, New Jersey is $844,788 at $407 per square foot. 31 single-family homes sold in the latest period, up 3.0 percent from a year earlier. Homes sit a median of 21 days on market with 2.7 months of supply. Sellers are getting 109.3 percent of list price and 76.7 percent of homes sold above asking.

Seller's market. No room for sloppy offers.

Value anchors

MetricValueYear over year
Average single-family value$783,002
Average price per sq ft$377
Median sale price$844,788
Median sale price per sq ft$407
Median home size2,076 sq ft
Median new listing price$793,218+22.0%
National size rank8,492

Sales activity

MetricValueYear over year
Homes sold31+3.0%
Median days on market21 days
Months of supply2.7 months
New listings54+53.7%
Active listings63+14.2%
Pending sales45+8.8%

Pricing power

MetricValueYear over year
Average sale-to-list ratio109.3%+0.4 pts
Share sold above list76.7%-6.7 pts

Bedroom value anchors

Average values by bedroom count. Value anchors for orientation, not appraisals.

2-bedroom
$658,987
3-bedroom
$781,558
4-bedroom
$897,285
5-bedroom
$1,243,566

These figures describe the single-family market for Cedar Grove, New Jersey ZIP 07009. They are market context, not a substitute for sold comps or a formal appraisal.