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Featured local agent — East Rutherford, NJ
Sarah Mitchell
Compass Real Estate · East Rutherford, NJ
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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East Rutherford, NJ Housing Market & Real Estate
Housing market overview · Updated monthly ·
$560,000median sale price
How is the East Rutherford, NJ housing market right now?
The median home sale price in East Rutherford, NJ is $560,000. Homes sell in an average of 55 days with 12 active listings. The market is currently a balanced market. (Source: Redfin monthly MLS data, as of May 2026 — the most recent Redfin release; Redfin publishes each month's data on a ~6-week lag.)
Is East Rutherford a buyer's or seller's market?
East Rutherford, NJ is currently a balanced market, based on 4.0 months of supply and homes selling in about 55 days. How we determine this →
Homes sold
3
Last 12 weeks
Days on market
55
Average pace
Active listings
12
4.0 months supply
Sale-to-list
100.8%
Above asking
What does the East Rutherford housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $560,000 |
| Median list price | $750,000 |
| Average days on market | 55 days |
| Active inventory | 12 listings |
| Months of supply | 4.0 months |
| Sale-to-list price ratio | 100.8% |
| Median price per sq ft | $467/sq ft |
| Homes sold (latest month) | 3 |
| New listings (latest month) | 5 |
| Market condition | Balanced market |
Source: Redfin · Updated monthly
How much do homes cost in East Rutherford by property type?
How the East Rutherford, NJ market breaks down across single-family homes, condos, and townhouses.
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $646,000 | $467/sq ft | 1 | 55 days |
| Condo / Co-op | $557,500 | $473/sq ft | 2 | 105 days |
| Townhouse | $495,000 | $421/sq ft | 1 | 13 days |
Source: Redfin · Updated monthly
The East Rutherford housing market is currently classified as a balanced market with a median sale price of $560,000. Prices have fallen 0.0% compared to last year, with homes spending an average of 55 days on market, indicating 4.0 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.The price-to-income ratio of 7.2x provides context for how home values compare to local earning capacity.
Homes for sale in East Rutherford
There are currently 12 homes listed for sale in East Rutherford, New Jersey. The median listing price is $750K.
Active listings
12
Homes on market
Median list price
$750K
Avg. days on market
55
Days until sale
New this week
5
Newly listed
Who lives in East Rutherford?
Population
10,154
Median income
$91,789/yr
Median age
36.5 years
Owner-occupied
35.7%
College grads
45.0%
Avg commute
33.2 min
Source: U.S. Census Bureau ACS
What are homes worth in East Rutherford?
Zillow home value
$656,897
Zillow rent index
$3,002/mo
Price-to-rent ratio
18.2x
Price-to-income
7.2x
Source: Zillow Research
What is it like to live in East Rutherford?
East Rutherford is a community of approximately 10K residents with a median age of 36.5 years.The median household income is $91,789, which reflects a relatively affluent area with strong earning potential. 45.0% of residents hold a bachelor's degree or higher, indicating a highly educated population.
Homeownership rates are at 35.7%, showing a blend of owner and renter-occupied properties. The average commute time is 33.2 minutes, which suggests a more suburban or rural location for those willing to commute longer distances.Overall, East Rutherford offers a balanced lifestyle with accessible home values relative to local income levels.
Which public schools serve East Rutherford?
4 schools tracked · 1,582 students
The largest public schools serving East Rutherford, NJ by enrollment, drawn from the National Center for Education Statistics. School quality is a commonly cited factor in home-buying decisions — these are the campuses families in this area are most likely to encounter.
Henry P. Becton Regional High School
Grades 9-12 · 821 students
McKenzie School
Grades PK-3 · 376 students
Alfred S. Faust Middle School
Grades 6-8 · 232 students
Lincoln School
Grades 4-5 · 153 students
Source: National Center for Education Statistics, Common Core of Data directory. Updated annually. Ratings and test scores are not currently displayed.
Which cities are near East Rutherford, NJ?
Want a head-to-head view? Compare East Rutherford side-by-side with any other U.S. city using our market-comparison tool.
Is East Rutherford a good real estate investment market?
For investors evaluating East Rutherford, the price-to-rent ratio of 18.2x indicates higher purchase prices relative to rental income, typical of appreciation-focused markets. The market has softened 0.0% year-over-year, potentially creating entry opportunities for strategic buyers.Use our rent vs. buy calculator to analyze whether owning or renting makes more financial sense based on East Rutherford's current market conditions and your specific situation. Estimate your monthly payment with the mortgage calculator using East Rutherford's median home price.
Frequently asked questions
What is the average home price in East Rutherford?
The median home sale price in East Rutherford is $560,000, down 0.0% from last year.
How long do homes stay on market in East Rutherford?
Homes typically spend 55 days on market before going under contract.
What is the median income in East Rutherford?
The median household income is $91,789 per year.
Is East Rutherford a buyer's or seller's market?
With 4.0 months of supply, East Rutherford is currently a balanced market.
What is the Zillow home value estimate for East Rutherford?
The Zillow Home Value Index (ZHVI) for East Rutherford is $656,897, representing the typical home value in the area.
What is the median condo price in East Rutherford?
The median condo/co-op sale price in East Rutherford, NJ is $557,500, compared to $646,000 for a single-family home, based on the latest Redfin data.
How much does a single-family home cost in East Rutherford?
The median single-family home price in East Rutherford, NJ is $646,000 (about $467 per square foot).
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