Bridgewater, NJ 08807 Real Estate Market Report

ZIP Code: 08807
Report Date: April 2026
Market Temperature: HOT
Scope: Single-Family Residential (SFR) listings and comps only

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Executive Overview

The real estate market in Bridgewater, NJ remains robust as of April 2026, with the median sold price holding steady at $625,000. This stability in sold prices reflects a competitive market environment, where demand continues to outpace supply. The neighborhood has increased 8% since 2023, indicating a strong upward trend in property values.

Market activity shows a healthy pace, with homes selling quickly despite a median days on market of 205. This suggests that while inventory levels are elevated, they are stabilizing, allowing for moderate transaction volume. The current market temperature is classified as hot, driven by a strong local economy and desirable amenities, although elevated interest rate pressure may influence buyer behavior moving forward.

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Market Overview

This analysis is based on a sample of properties from this ZIP code (up to 200 sold properties and up to 100 active properties). The median prices below are calculated from all available properties in the sample, while trend analysis uses properties from the selected analysis window.

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Market Metrics

Note: The property counts shown above represent only the properties analyzed in this report sample, not the total inventory for this ZIP code. Median prices are calculated from all available properties in the sample, while trend analysis uses properties from the selected analysis window.

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Rental Market

Note: The relationship between property values and rental rates reflects different market dynamics. Higher-priced properties may have lower rental yields due to factors such as luxury market positioning, owner-occupancy preferences, or long-term appreciation strategies rather than immediate rental income maximization.

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Property Taxes

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Liquidity & Velocity

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Market Trends & Context

Understanding Market Temperature

A Hot market indicates strong buyer demand with limited inventory, typically characterized by rising prices, quick sales (low days on market), and inventory levels below historical averages.

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Key Findings

1. The median sold price of $625,000 indicates a stable market with consistent pricing trends.

2. The median days on market of 205 suggests a slower sales velocity, which may indicate some pricing friction in the market.

3. The market temperature is classified as hot, reflecting strong demand and competitive conditions for buyers.

4. Year-over-year trends show that home prices are up, reinforcing the area's appeal and investment potential.

5. With a property tax rate of 2.04%, buyers should consider the impact of taxes on overall affordability.

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Notable Properties

The following 8 properties represent notable market examples and recent transactions that illustrate key market dynamics. These are illustrative examples selected for their significance (top sales, market benchmarks, quick sales) and are not the basis for the statistical calculations shown above.