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NJ best towns: 150 hottest real estate markets for homebuying in US – NorthJersey.com

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New Jersey’s highly competitive real estate market has resulted in 26 of its towns ranking among the top 150 hottest homebuying markets in the country in April, according to the latest data from Realtor.com. And, nearly half of those towns are right here in North Jersey.

There weren’t any New Jersey towns that ranked among the nation’s top 10 markets this month, but seven places were able to claim spots in the top 50 and 16 places were named in the top 100.


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What North Jersey towns were the hottest for homebuying?

Downtown Ridgewood over Labor Day Weekend 2020.

The overall hottest New Jersey real estate market to make the list was Ridgewood, which ranked 16th. While the town’s ranking has dropped after being named the overall third-hottest town for homebuying across the country last summer, Ridgewood has still consistently maintained a hot real estate market in both the state and the nation. With a hotness score of about 99.55, the town had a median listing price of just below $1.3 million and homes stayed on the market for about 11 days.

Ranking 19th, Montclair was the second highest ranked town in both North Jersey and across the state. The town had a hotness score of about 99.47 in April, with a median listing price of about $1.3 million. And, homes stayed on the market for about 8 days here. Montclair was the only New Jersey town to have two of its ZIP codes ranked in the top 150, with the other ranking 86th overall.

As the third hottest homebuying town in both North Jersey and the state, as well as the only Passaic County town in the ranking, Ringwood placed 26th in the ranking. With a hotness score of about 99.3, Ringwood had a median listing price of about $437,225 — the third lowest of the New Jersey towns on the list — and homes stayed on the market for 14 days.

Other North Jersey towns to make the top 150 include Wyckoff (28th), Oakland (34th), Lincoln Park (58th), Montclair (86th), Morristown (99th), Caldwell (101st), Ramsey (110th), Randolph (123rd) and Madison (142nd).

What other New Jersey towns were hot for homebuying?

A photo of the Somerville train station.

The other New Jersey towns to make the top 150 hottest real estate markets in April had hotness scores of above 96.78 and include Somerville (30th), Basking Ridge (45th), Old Bridge (55th), Metuchen (59th), Bedminster (62nd), Mount Laurel (78th), Cranford (81st), Medford (93rd), Voorhees (104th), Bridgewater (108th), Trenton (112th), Westfield (115th), Cherry Hill (135th) and Scotch Plains (139th).

Here’s the full ranking of the 150 hottest real estate markets across the country in April 2024:

Maddie McGay is the real estate reporter for NorthJersey.com and The Record, covering all things worth celebrating about living in North Jersey. Find her on Instagram @maddiemcgay, on X @maddiemcgayy, and sign up for her North Jersey Living newsletter. Do you have a tip, trend or terrific house she should know about? Email her at MMcGay@gannett.

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