Housing in Fort Lee, NJ

Home values, rent, ownership rates, and housing market data

Housing Market Snapshot

Source: Redfin — January 2026

Median Sale Price

$462,500

Median List Price

$391,450

Price Per Sq Ft

$456

Days on Market

108

Active Inventory

216

Months of Supply

6.4

Buyer's market

Zillow Home Value

$576,206

ZHVI — January 2026

Zillow Rent Index

$3,324

ZORI — January 2026

Price Trends

Source: Redfin
Sale Price 63.7%List Price 1.4%Mar 24Jan 26

Market Competitiveness

Source: Redfin

Sold Above List

23.5%

Off Market in 2 Weeks

19.6%

Sale-to-List Ratio

98.5%

Buyer's market

Sold Above Asking
23.5%
Under Contract in 2 Wks
19.6%
Listings with Price Drops
11.6%

Market Activity

Source: Redfin

Homes Sold

34

New Listings

50

Pending Sales

51

Homes Sold 17.1%New Listings 2.0%Pending 6.3%Mar 24Jan 26

Price Per Square Foot

Source: Redfin

Median Sale $/SF

$456

Median List $/SF

$472

Sale $/SF 10.1%List $/SF 12.9%Mar 24Jan 26

Fort Lee vs Similar Cities

Source: Census ACS / Redfin (2023)

Compared to cities with 25,000 - 50,000 residents. Fort Lee is highlighted.

Median Home Value

Median Rent

Median Price Per Sq Ft

Rent Burden

Census Housing Data

Source: U.S. Census Bureau ACS (2023)

Median Home Value

$422,200

Median Rent

$2,255

Total Housing Units

19,764

Vacancy Rate

6.2%

Owner Occupied

57.5%

Renter Occupied

42.5%

Median Property Tax

$8,899

per year

Monthly Cost (w/ Mortgage)

$1,815

Housing Types

Single Family
20.2%
Multi-Family
79.2%
Mobile Home
0.6%

The current median sale price in Fort Lee, NJ is $462,500 according to Redfin data. Homes spend a median of 108 days on the market. 23.5% of homes sold above asking price. The market has 6.4 months of supply. The median price per square foot is $456. Zillow's observed rent index is $3,324/month. About 57.5% of housing units are owner-occupied. The median year homes were built is 1970. There are 19,764 total housing units.