Clifton, NJ Real Estate Market Update: April 25 – July 5, 2025
Real estate is inherently local, and in Clifton, NJ, the market is thriving with activity that showcases the vibrancy of this Passaic County gem. As a bilingual real estate broker with over a decade of experience, now proudly affiliated with NextHome Royal Lion Realty, I’m excited to share the latest market trends from April 25 to July 5, 2025, based on the Garden State Multiple Listing Service (GSMLS) data. Whether you’re eyeing a home in Botany Village, Allwood, or near 74 Harrison Pl, here’s a snapshot of what Clifton’s real estate market looks like as of July 5, 2025.
Market Snapshot: Key Statistics
The GSMLS Property Statistics Report (dated July 5, 2025) for Clifton’s residential market (single-family homes, condos, and apartments) reveals a dynamic landscape:
- Active Listings (A): 69 properties are actively listed, offering diverse options from modern apartments to spacious family homes.
- Under Contract (UC): 62 properties are under contract, reflecting strong buyer demand in a competitive market.
- Under Contract Continue to Show (UC/CTS): 1 property is under contract but still accepting backup offers, providing opportunities for buyers seeking a second chance at a desirable home.
- Closed Sales (CS): 3 listings recently closed, indicating steady transaction activity despite national trends of slower sales due to elevated mortgage rates.
- Total Listings: 226 residential listings were tracked across all statuses, underscoring Clifton’s active and appealing market.
These figures highlight a robust market where buyers are moving quickly, and sellers are finding success with well-positioned properties. Let’s break down the trends.
Recent Sales: Steady Closings in a Hot Market
Clifton’s recent sales demonstrate its status as a sought-after destination, just 17 miles from NYC. From June 9 to June 29, 2025, 22 residential properties sold at an average price of $608,763, or $352 per square foot, according to NJ.com. A notable high-end sale reached $1.2 million, reflecting Clifton’s premium market for desirable homes. In January 2025, 78% of homes sold above asking price, per Rocket Homes, signaling strong competition.
For sellers, this is an opportune moment. Properties in ZIP code 07011, like my rental listing at 74 Harrison Pl, benefit from proximity to schools, eateries, and NJ Transit, driving buyer and renter interest. If you’re considering selling, invest in professional photos (I use Photoshop on the web for crisp visuals) and highlight unique features to stand out.
Under Contract: Competitive Buyer Activity
With 62 properties under contract and 1 in UC/CTS status, Clifton’s market shows strong momentum. Homes are going pending in an average of 41.5 days, with top properties moving in as little as 17 days, often 5–11% above list price. The UC/CTS listing indicates a property under contract but open to backup offers, a chance for buyers to secure a home if the primary deal falls through. My 3-bedroom, 2-bath rental at 74 Harrison Pl, with its modern stainless steel countertops and prime location, exemplifies the type of property attracting quick interest.
Buyers should act swiftly with pre-approved financing and work with a local expert to navigate competition, especially in high-demand areas like 07011 and 07013, where a home sold for $599,000 in 2024 due to strong market appeal.
Active Listings: Diverse Opportunities
The 69 active listings offer something for everyone, from starter homes to upscale apartments. Clifton’s median listing price was $570,000 in January 2025, up 14% year-over-year, with 5-bedroom homes seeing an 18.2% price surge, per Redfin. This growth reflects Clifton’s strong economy and commuter-friendly location. My listing at 74 Harrison Pl, a move-in-ready 3-bedroom, 2-bath apartment with a finished attic, showcases the quality available for renters seeking modern amenities in a convenient neighborhood.
Sellers should emphasize upgrades (e.g., renovated kitchens, parking) to attract buyers in this competitive market. Buyers, meanwhile, should move quickly, as inventory is up 4.3% from December 2024 but remains tight compared to demand.
Why Clifton Shines
Clifton’s appeal lies in its diverse neighborhoods, top-rated schools, and excellent connectivity to NYC via Routes 3, 46, and NJ Transit. With a median home value of $551,883 and a 92.24% appreciation rate over the past decade, Clifton ranks in the top 50% nationwide for real estate growth. Areas like 07011 draw families with amenities like houses of worship and eateries, as seen with my 74 Harrison Pl rental.
Challenges like rising mortgage rates (6.62–6.83% for 30-year fixed in April 2025) are impacting affordability, but Clifton’s market remains resilient. New listings rose 5.1% statewide from April 2024 to April 2025, giving buyers more choices than in recent years.
Tips for Navigating Clifton’s Market
- Sellers: Price strategically and use high-quality visuals to highlight features like renovated interiors or proximity to amenities, as I do for listings like 74 Harrison Pl.
- Buyers: Get pre-approved and target neighborhoods like 07011 or 07013 for high-value properties. Consider UC/CTS listings for backup offer opportunities.
- Renters: Explore quality rentals like 74 Harrison Pl, offering modern upgrades and easy access to Clifton’s best. Contact me for a showing.
- Investors: Clifton’s rental demand and 31.71% duplex/small apartment housing stock make it ideal for multi-family investments.
Let’s Connect
As a bilingual real estate professional soon with NextHome Royal Lion Realty, I’m here to help you navigate Clifton’s dynamic market. Whether you’re buying, selling, or renting, reach out at (973) 277-0417 or pablonjresales@gmail.com to explore opportunities like the 74 Harrison Pl rental or other Clifton properties.
Disclaimer: Data sourced from GSMLS and public records, deemed reliable but not guaranteed. Contact a licensed real estate professional for personalized guidance.
