Bergen County Real Estate Market Update: September 2025

What do today’s home prices, buyer trends, and investment signals say about the future of Bergen County real estate?

By Scott Selick, The Selick Group – KW City Views Realty

The Bergen County real estate market continues to reflect what I call "quiet strength"—a resilient, balanced market that’s quietly creating opportunities for both buyers and sellers. Drawing on the latest data from Zillow, Redfin, and local trends I’m seeing firsthand, here’s what you need to know as we head into fall 2025.

4–5% Year-Over-Year Growth: Sustainable, Not Speculative

Home values in Bergen County have risen a steady 4–5% YoY, according to Zillow. That’s not just a number—it’s a signal.

• For Sellers: Your property likely gained real value over the past year. But don’t let that inflate your asking price. Homes that are priced in line with recent comps are moving quickly. Overpriced listings? They’re sitting.

• For Buyers: There’s no frenzied bidding war right now, but well-presented homes still move fast. If it’s turnkey and well-priced, you’ll need to be decisive.

• For Investors: This kind of consistent, sustainable growth makes Bergen County an ideal spot for long-term investment, especially in multifamily housing.

A Tight, Competitive Market—But Not a Frenzied One

This isn’t 2021. Sales volume is light, but the market remains competitive for quality homes. What’s driving the competition?

• Low inventory: Fewer homes are hitting the market, giving sellers an edge

• Selective buyers: Buyers want updated, move-in ready homes in top locations

• Interest rates: Today’s rates are pushing buyers to focus on longer-term homes, not just entry-level options

Smart Strategies for This Market:

• Sellers: Focus on visual presentation and accurate pricing. The best homes still sell quickly—often with multiple offers.

• Buyers: Get pre-approved. Be fast and flexible. And don’t overlook homes that need minor updates.

Multifamily Momentum Near the George Washington Bridge

One of the most telling signs of market confidence? Developers are doubling down on multifamily construction near Fort Lee and the GWB corridor. Capital is flowing toward infill projects that emphasize walkability, access to transit, and modern amenities.

Why it Matters:

• It signals belief in long-term job growth and population stability

• It reflects persistent demand for high-quality rentals

• It adds value to nearby condo and single-family markets

If you're a real estate investor, this is your signal: amenity-rich, transit-accessible rentals are strong performers in Bergen County.

Updated Homes in Walkable Neighborhoods Are Leading the Pack

The market is rewarding properties with a certain lifestyle: updated, efficient, and walkable.

What today’s buyers want:

• Walkability to shopping, dining, transit

• Updated kitchens and baths

• Energy-efficient systems (windows, HVAC, insulation)

• Outdoor living space—yards, patios, decks, or balconies

Sellers in Fort Lee, Leonia, and Tenafly with these features are seeing faster offers and stronger prices.

The Fixer-Upper Opportunity: A Hidden Value Tier

Updated homes move fast. But homes that need work? They present opportunity for savvy buyers.

Why They’re Worth a Look:

• Less competition = better negotiating power

• Sellers are often more motivated

• Customization potential + sweat equity = long-term upside

Buyers: bring your contractor, price in your updates, and explore renovation loans that allow you to roll improvements into your mortgage.

Rental Demand Remains Strong for Newer Buildings

The Bergen County rental market remains solid—especially for newer buildings with amenities. That supports the surge of development near the GWB and reinforces the investor appeal of this region.

Key Rental Market Drivers:

• NYC commuter convenience

• Demand for amenities: fitness centers, elevators, in-unit laundry

• Renters waiting to buy are fueling lease renewals

What’s Ahead: Fall 2025 Outlook

Based on local housing trends, I expect continued steady growth into Q4. What to watch:

• Interest rates: Any significant shifts could shake up demand

• Employment trends: Strong job growth = sustained housing need

• Seasonal rhythm: Fall is slower, but well-priced homes still move

• Inventory pressure: Still tight, still seller-friendly

Let’s Position You to Win in This Market

Whether you're buying, selling, or investing, timing and preparation are everything. Bergen County’s real estate market is nuanced—but the opportunities are real.

• Sellers: Lead with condition and presentation, price to recent comps

• Buyers: Move quickly, get clear on priorities, and explore less-competitive segments

• Investors: Focus on properties in high-demand school zones, walkable neighborhoods, and transit hubs

The Bergen County market isn’t flashy—but it’s solid, strategic, and ready for those who understand how to navigate it.

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