The story of this market
The typical home in Ledgewood, New Jersey sells for about $470,860, or $239 per square foot.
Prices are down 24.3% from a year ago, which gives buyers more room to negotiate. Homes take about 57 days to sell.
Monthly price momentum
Home values since 2015
+5%
NJ · past 12 months
Freddie Mac House Price Index, single-family homes, monthly through 2026-08. Each line starts at 100 in January 2015, so a reading of 180 means prices are up 80% since then.
Ledgewood, New Jersey
Ledgewood is a census-designated place in Morris County characterized by a high owner-occupancy rate and a median household income significantly above the regional metro average. Market data is limited due to its status as a CDP, with recent reports indicating a sharp year-over-year price decline, though transaction volume remains thin. The area functions as a stable, owner-dominated residential community.
No ARED county foreclosure postings attributed to Ledgewood yet — the verified ledger covers every county the foreclosure ingest has read, attributed by published city area. Key-figure check: median price corroborated by the prior refresh cycle (within 12.5%).
Median prices moved down 24.3% year over year.
Homes spend a median of 57 days on market with 0.0 months of supply — a balanced-paced market.
0% of listings have cut prices · homes sell at 0% of asking — demand is holding steady.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) — a stable, low-distress profile.
Composed from the ARED governance burden registry — tier-native tax structure (state + county + city + special districts), never averaged. State (New Jersey) — Ad Valorem Property Tax: Tax is calculated as (Assessed Value * Tax Rate). Assessed value is determined by the municipal assessor at 100% of true market value. The tax rate is set by local taxing districts to cover municipal, county, and school budgets. State (New Jersey) — Farmland Assessment: Property is assessed based on its productive capability for agricultural use rather than its full market value, resulting in a lower tax burden.
Data retrieved from Census Reporter and ZipNumbers profiles.
No public schools report a street address in this area. Source: NCES EDGE public school locations 2023-24.
County linkage populates as this city's member ZIP reports roster beneath it.
No ZIP intel reports rostered under this city yet — property dossiers roll up through the ZIP tier, so the chain populates as the county refreshes discover them.