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
Wed Apr 08 2026
This week the median list price for Glen Ridge, NJ 07028 is $2,474,500 with the market action index hovering around 100. This is an increase over last month's market action index of 91. Inventory has increased to 2.
Market Action Index
This answers “How’s the Market?” by comparing rate of sales versus inventory.
Strong Seller's Market
Market Narrative
In terms of supply and demand, the market is getting cooler - more supply is coming on the market relative to the sales demand. However, in recent weeks prices have been moving higher. Since it is technically a Buyer's market, this price trend may be a result of improved quality (newer, larger homes) of the homes being listed. Look at the descriptive statistics where you may notice the homes being listed are larger and younger than they have been in the past.
Real-Time Market Profile
| Median List Price | $2,474,500 | |
| Median Price of New Listings | $2,474,500 | |
| Per Square Foot | $0 | |
| Average Days on Market | 0 | |
| Median Days on Market | 0 | |
| Price Decreased | 0% | |
| Price Increased | 0% | |
| Relisted | 0% | |
| Inventory | 2 | |
| Median Rent | ||
| Market Action | 100 | |
| Strong Seller's Market | ||
While this week the median price in this zip code didn't fluctuate much, we continue to sit at all time high prices. Watch for persistent downward shift in the Market Action Index into the Buyer's zone as a leading indicator of the price strength subsiding.
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 |
|---|---|---|---|---|---|---|---|---|
| $3,200,000 | 0 | - | 6 | 6 | 146 | 1 | 0 | 0 |
| $0 | 0 | - | NaN | 0 | NaN | 0 | 0 | NaN |
| $1,749,000 | 0 | - | 5 | 3.5 | 104 | 1 | 0 | 0 |
| $0 | 0 | - | NaN | 0 | NaN | 0 | 0 | NaN |