West Essex at a Glance

Market Reports and Stats for North Caldwell, New Jersey for October 2009

North Caldwell, New Jersey Market Report for October 2009:   

• Active Listings: 41                                                
• Under Contracts in October:  2                                           
• Solds in October:  4
• Months Supply on the Market:  20.5
• Absorption ratio: 5% (only 5% of the total inventory went U/C in October, leaving 95% of the inventory unsold)

The market stats in the chart above above also reflect:

• New Listings for the month of October:  67
• Total properties Under Contract (including those u/c through the end of October): 10

There are currently no multi-family homes on the market in North Caldwell, New Jersey.

Roseland , New Jersey 07068 and Essex Fells, New Jersey 07021 are part of the West Essex Regional School District.  The West Essex Regional School District (grades 7-12) is located in North Caldwell and serves the four area sending districts of Essex Fells, Fairfield, North Caldwell, and Roseland.   Each town maintains their own grammar schools for grades K-6.

These four suburban residential West Essex communities located only 25 miles from New York City have a combined population of approximately 23,000 people and cover an area of 18 square miles.

MARKET SNAPSHOT FOR THE FOUR SENDING DISTRICTS OF THE WEST ESSEX REGIONAL SCHOOLS

Snapshot of The Four Sending Districts of the West Essex Regional School District for October 2009:   

• Active Listings: 156                                                
• Under Contracts in October:  18                                           
• Solds in October:  11
• Months Supply on the Market:  8.7
• Absorption ratio: 12% (only 12% of the total inventory went U/C in October, leaving 88% of the inventory unsold)

Search for homes currently on the market in North Caldwell, New Jersey.   For more information on homes for sale within the West Essex Regional School District, please contact Gina Chirico.

• Read about the Eight Communities within West Essex

• View Market Stats for all EIGHT of the West Essex Communities for October 2009.

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