The Good Life Group's Market Report
Glen Ridge, NJ 07028
Single-Family Homes
Amy Paternite | 917-442-5130 and Ben Garrison | 917-940-3158
Glen Ridge, NJ 07028
Mon Aug 10 2026
This week the median list price for Glen Ridge, NJ 07028 is $1,200,000 with the market action index hovering around 100. This is about the same as last month's market action index of 100. Inventory has decreased to 1.
Market Action Index
This answers “How’s the Market?” by comparing rate of sales versus inventory.
Strong Seller's Market
Market Narrative
The market remains in a relative stasis in terms of sales to inventory. Prices have not been moving higher for several weeks. However, inventory is sufficiently low to keep us in the Seller’s Market zone so watch changes in the MAI. If the market heats up persistently, prices are likely to resume an upward climb.
Real-Time Market Profile
| Median List Price | $1,200,000 | |
| Median Price of New Listings | $0 | |
| Per Square Foot | $0 | |
| Average Days on Market | 28 | |
| Median Days on Market | 28 | |
| Price Decreased | 0% | |
| Price Increased | 0% | |
| Relisted | 0% | |
| Inventory | 1 | |
| Median Rent | ||
| Market Action | 100 | |
| Strong Seller's Market | ||
Prices in this zip are remaining at a plateau, albeit significantly below the market’s peak. This week prices bumped down a bit, but not enough to indicate a resumed downward trend. Look for a persistent up-shift in the Market Action Index before we see prices significantly move from these levels.
Market Segments
Each segment below represents approximately 25% of the market ordered by price.
| Median Price | Sq. Ft. | Lot Size | Beds | Bath | Age | New | Absorbed | DOM |
|---|---|---|---|---|---|---|---|---|
| $1,200,000 | 0 | - | 4 | 2.5 | 79 | 0 | 1 | 28 |
| $0 | 0 | - | NaN | 0 | NaN | 0 | 0 | NaN |
| $0 | 0 | - | NaN | 0 | NaN | 0 | 0 | NaN |
| $0 | 0 | - | NaN | 0 | NaN | 0 | 0 | NaN |