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New Vernon, NJ real estate

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Agent Pronto analyzes transaction data, agent specialties, and client reviews to handpick the best agents in your area. Updated for July 2026. *


* Sales data is calculated based on transaction information available to Agent Pronto at the time of publishing and may not accurately reflect all transactions for a given agent.

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New Vernon real estate Market Report.

Information and statistics on the latest trends in the New Vernon real estate market. *

Quarterly Pricing Trends for New Vernon

Rolling three-month data ending on quarter boundaries when available.

Quarterly Pricing Trends for New Vernon Q2 '21 Q2 '22 Q2 '23 Q2 '24 Q2 '25 Q1 '26 Median sale price in Apr 2021 - Jun 2021: $2M Median sale price in Jul 2021 - Sep 2021: $1.6M Median sale price in Oct 2021 - Dec 2021: $1.8M Median sale price in Jan 2022 - Mar 2022: $1.5M Median sale price in Apr 2022 - Jun 2022: $688K Median sale price in Jul 2022 - Sep 2022: $920K Median sale price in Oct 2022 - Dec 2022: $618K Median sale price in Jan 2023 - Mar 2023: $1.7M Median sale price in Apr 2023 - Jun 2023: $793K Median sale price in Jul 2023 - Sep 2023: $1M Median sale price in Oct 2023 - Dec 2023: $2.2M Median sale price in Jan 2024 - Mar 2024: $2.2M Median sale price in Apr 2024 - Jun 2024: $2M Median sale price in Jul 2024 - Sep 2024: $3.2M Median sale price in Oct 2024 - Dec 2024: $1M Median sale price in Apr 2025 - Jun 2025: $1.1M Median sale price in Jul 2025 - Sep 2025: $775K Median sale price in Oct 2025 - Dec 2025: $2.3M Median sale price in Jan 2026 - Mar 2026: $560K Median list price in Apr 2021 - Jun 2021: $1.8M Median list price in Jul 2021 - Sep 2021: $1.4M Median list price in Oct 2021 - Dec 2021: $1.8M Median list price in Jan 2022 - Mar 2022: $2.4M Median list price in Apr 2022 - Jun 2022: $1.2M Median list price in Jul 2022 - Sep 2022: $1.5M Median list price in Oct 2022 - Dec 2022: $1.7M Median list price in Jan 2023 - Mar 2023: $1.1M Median list price in Apr 2023 - Jun 2023: $2.3M Median list price in Jul 2023 - Sep 2023: $2.2M Median list price in Oct 2023 - Dec 2023: $2M Median list price in Jan 2024 - Mar 2024: $2.3M Median list price in Apr 2024 - Jun 2024: $1.8M Median list price in Jul 2024 - Sep 2024: $1M Median list price in Oct 2024 - Dec 2024: $1.3M Median list price in Jan 2025 - Mar 2025: $1.8M Median list price in Apr 2025 - Jun 2025: $1.3M Median list price in Jul 2025 - Sep 2025: $1.4M Median list price in Oct 2025 - Dec 2025: $7.5M Median list price in Jan 2026 - Mar 2026: $1.5M Apr 2021 - Jun 2021 Median sale price $2M Median list price $1.8M Jul 2021 - Sep 2021 Median sale price $1.6M Median list price $1.4M Oct 2021 - Dec 2021 Median sale price $1.8M Median list price $1.8M Jan 2022 - Mar 2022 Median sale price $1.5M Median list price $2.4M Apr 2022 - Jun 2022 Median sale price $688K Median list price $1.2M Jul 2022 - Sep 2022 Median sale price $920K Median list price $1.5M Oct 2022 - Dec 2022 Median sale price $618K Median list price $1.7M Jan 2023 - Mar 2023 Median sale price $1.7M Median list price $1.1M Apr 2023 - Jun 2023 Median sale price $793K Median list price $2.3M Jul 2023 - Sep 2023 Median sale price $1M Median list price $2.2M Oct 2023 - Dec 2023 Median sale price $2.2M Median list price $2M Jan 2024 - Mar 2024 Median sale price $2.2M Median list price $2.3M Apr 2024 - Jun 2024 Median sale price $2M Median list price $1.8M Jul 2024 - Sep 2024 Median sale price $3.2M Median list price $1M Oct 2024 - Dec 2024 Median sale price $1M Median list price $1.3M Jan 2025 - Mar 2025 Median sale price Unknown Median list price $1.8M Apr 2025 - Jun 2025 Median sale price $1.1M Median list price $1.3M Jul 2025 - Sep 2025 Median sale price $775K Median list price $1.4M Oct 2025 - Dec 2025 Median sale price $2.3M Median list price $7.5M Jan 2026 - Mar 2026 Median sale price $560K Median list price $1.5M
Median sale price
Median list price
* Data provided by Redfin, a national real estate brokerage.
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Seller’s Market
Seller’s Market
Buyer’s Market
0
25
50
75
100

Market gauge is calculated using active listings and pending sales from the most recently available reporting period (Mar 2026 - May 2026).

Inventory in New Vernon has been tight in this rolling three-month view, with only about five active listings on the market. That is down compared with a year ago, even though active listings ticked up from the prior three-month period. New listings have been steady year over year, holding around three homes entering the market.

Contract activity has been more uneven. Pending sales are significantly lower than a year earlier, despite a sharp jump compared with the prior period, suggesting buyers are more selective and timing-sensitive.

Pricing is adjusting to these conditions, with the median list price up slightly year over year but down notably from a few months ago. Historical data shows median sale prices have swung widely over the past few years, reflecting how a small number of high-end transactions can shift averages in a low-volume market. Earlier periods have also seen months of supply range from under one month to well over six, underscoring how quickly conditions can flip between tight and looser supply. With a seller’s market reading still in place and homes recently going off the market quickly in many cases, local expertise is especially important, and Agent Pronto can connect both buyers and sellers with an agent who understands these shifts.



Learn more about what New Vernon has to offer.

New Vernon offers residents a close-knit, family-friendly community with spacious homes, lush green spaces, excellent schools, and convenient access to outdoor recreation and regional amenities.

New Vernon immediately feels distinct from nearby Morristown and Madison. It is quieter and more rural in character, with winding country roads, significant land preservation, and homes that prioritize space, privacy, and a close relationship with the outdoors. Residents value that it sits within Harding Township yet remains convenient to major routes and nearby business centers.

Local life revolves around a strong sense of stewardship and tradition. Green spaces like Bayne Park and the surrounding preserved lands offer everyday access to walking, birding, and seasonal scenery. Cultural anchors such as the New Vernon Presbyterian Church reflect the area’s historic roots and active community life, while nearby Great Swamp National Wildlife Refuge provides miles of trails and environmental programs just a short drive away.

Families are drawn to the respected Harding Township School and proximity to top regional private schools. Everyday needs and dining are easily met in neighboring Morris Township, Chatham, and Summit, where you will find rail access to New York along with more extensive shopping and services.

Because New Vernon’s housing stock is limited and highly sought after, timing and preparation matter. Partnering with the right local expert through Agent Pronto helps buyers act quickly on rare opportunities and helps sellers position their properties strategically in this distinctive market.

Find your New Vernon real estate agent today →


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“This is the second time I’ve worked with Matthew Tully to sell a home, and once again, he exceeded my expectations. Matthew is professional, knowledgeable, responsive, and a pleasure to work with. He developed an excellent pricing and marketing strategy that resulted in my house selling quickly and for above the asking price. Throughout the entire process, he kept me informed, answered all of my questions promptly, and made everything as smooth and stress-free as possible. His attention to detail, strong negotiation skills, and commitment to his clients truly set him apart. I couldn’t be happier with the outcome and highly recommend Matthew Tully to anyone looking to buy or sell a home. The fact that I chose to work with him a second time speaks for itself. Thank you, Matthew, for another outstanding job!”

May · Somerset, NJ

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RE/MAX Central
“Ms. Torsiello is a pleasure to work with. She is professional, knowledgeable, and friendly. I highly recommend her. Selling a property is stressful. She made the whole experience much easier. I woukd definitely give her a 5 star rating.”

Kathleen Jones · Rockaway Township, NJ

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Century 21 Christel Realty
“Dan was a great agent to work with. Helped us work through some issues with the property and insured that we were satisfied with the location prior to us signing the lease. Would strongly recommend Dan to anyone looking for a property in Ocean County.”

Ed · Forked River, NJ

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RE/MAX At Barnegat Bay
“Connie was very knowlegable on the market and knew right away what our home was worth. She called excatly what it would sell for. She kept us calm and awlays available to answer any of our questions or concerns. She was AMAZING to work with and got us over asking!!!! Highly recommed!!!!”

Bolduc · Readington Township, NJ

Photo of Connie Manailovich
Coldwell Banker Realty
“Selling my condo felt overwhelming at first, but working with Tina Torres made the entire process smooth and successful from start to finish. Her professionalism, knowledge, communication and dedication were truly outstanding. Tina was always available to answer questions, kept me informed every step of the way and worked incredibly hard to make sure everything stayed on track. Thanks to her expertise, my condo sold quickly and the Closing process went smoothly. What stood out the most was how much Tina genuinely cared about me as a client, not just about making a sale. I always felt supported, respected and confident that I was in the best hands possible. I couldn't have asked for a better experience and would highly recommend Tina Torres to anyone buying or selling a home. She is truly one of the best realtors out there!!”

Michelle Cruz · Elizabeth, NJ

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RE/MAX Lifetime Realtors
“Brandy was fantastic every step of the way and stayed consistent throughout this entire process. Highly recommended for anyone in need of a realtor.”

Harris Goldberg · West Haverstraw, NY

Photo of Brandy Seltzer
Century 21 Elite Realty
“I bought my second house with Bryan, and I couldn’t be happier with the experience. He’s incredibly trustworthy, timely, and has an excellent attention to detail. His deep local knowledge made the process smooth and stress-free from start to finish. I highly recommend Bryan to anyone looking for a dependable and professional realtor!”

Matthew Jaeger · Pompton Plains, NJ

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Century 21 Preferred Realty, Inc.
“Always kept me up to date in a timely manner!”

Diane S. · Lehighton, PA

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Keller Williams Real Estate
“Cathleen was helpful and responsive!”

Robert D H. · Flemington, NJ

Photo of Cathleen Henriquez-Ali
Coldwell Banker Realty
“Martin's support and guidance made possible the sale of my property in very challenging circumstances. His professional demeanor was critical to land the closing.”

Antonio T. · North Bergen, NJ

Photo of Martin Bianchi
Compass
“Mrs. Beverley Gaudio was a very pleasant person with professionalism and ideas to work on the sale of my house. I strongly recommend her to anyone who needs to sell their property!”

Luigi S. · Wayne, NJ

Photo of Beverley Gaudio
Coldwell Banker Realty
“I highly recommend Sharif and Co. The whole team was professional and sold my home quickly and above asking price.”

Tanika B. · Ewing Township, NJ

Photo of Team Sharif Sells
EXP REALTY LLC
“My agent was Lucy Phelan at Keller Williams, and I had a great experience working with both Lucy and her brother Richard. Both had provided me with their expert advice, they would take extra steps to educate you and walk you thru the home shopping process. They would work on my schedule, try their best to answer all my questions and would point me to the right direction when I was looking for the lender, inspector, lawyer, etc. As a home buyer in this "Bidding War" market, most of my offers were turned down; however, both Lucy and Rich have continuously provided me encouragement to keep trying and looking. I cannot remember how many houses we have looked together...and when I was not able to look at the houses in person, they would video call me to conduct a virtual home showing. In general, they are exceptionally good with people skill, nice/friendly people to talk with and they show care on other things then just home buying. I would like to work with them again in the future and would recommend them to any home buyer/seller.”

Gary Y. · Matawan, NJ

Photo of Lucy Phelan
Keller Williams Elite, Realtors
“Keith Bochner had the same vision as I did. He was there every step of the way and went far and above what was expected. Extremely knowledgeable in the field and guided me correctly all the way. Keith is a true professional. I highly recommend his services!”

Linda A. · Cedar Grove, NJ

Photo of Keith Bochner
Coldwell Banker
“Maryanne Sawade was attentive to details and a pleasure to work with. I would not have contacted her if it wasn't for Agent Pronto.”

Kathy D. · Flemington, NJ

Photo of Maryanne Sawade
RE/MAX Preferred Professionals
“John was excellent and made every effort to sell our property quickly without giving away the farm. His counsel was valuable, timely and on point. Fantastic experience.”

Rich · Warren, NJ

Photo of John Abromitis
Century 21 North Warren Realty
“Julia is simply excellent! She listened to my wish list and helped me find the perfect home! She was there every step of the way and very responsive to my questions and requests.. if you need a realtor, Julia is the one! Thank you!”

Adeel Riaz · Maple Valley, WA

Photo of Team Julia
Compass

Frequently Asked Questions

There are more than 2 million real estate agents across the U.S., and you want to be sure the one you partner with is an experienced and trustworthy professional with strong local expertise covering the housing market in and around New Vernon. Working with a proven agent will help you sell your home faster and for more money, and help you find your dream home at the best possible price.


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