Housing in Tenafly, NJ

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

Housing Market Snapshot

Source: Redfin — January 2026

Median Sale Price

$1,700,000

Median List Price

$1,275,000

Price Per Sq Ft

$600

Days on Market

88

Active Inventory

25

Months of Supply

1.9

Seller's market

Zillow Home Value

$1,221,114

ZHVI — January 2026

Price Trends

Source: Redfin
Sale Price 30.3%List Price 16.5%Mar 24Jan 26

Market Competitiveness

Source: Redfin

Sold Above List

46.1%

Off Market in 2 Weeks

66.7%

Sale-to-List Ratio

104.7%

Seller's market

Sold Above Asking
46.1%
Under Contract in 2 Wks
66.7%
Listings with Price Drops
8.0%

Market Activity

Source: Redfin

Homes Sold

13

New Listings

7

Pending Sales

6

Homes Sold 62.5%New Listings 73.1%Pending 60.0%Mar 24Jan 26

Price Per Square Foot

Source: Redfin

Median Sale $/SF

$600

Median List $/SF

$520

Sale $/SF 21.2%List $/SF 6.6%Mar 24Jan 26

Tenafly vs Similar Cities

Source: Census ACS / Redfin (2023)

Compared to cities with 10,000 - 25,000 residents. Tenafly 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

$974,300

Median Rent

$3,143

Total Housing Units

5,415

Vacancy Rate

3.6%

Owner Occupied

72.2%

Renter Occupied

27.8%

Median Property Tax

$10,001

per year

Monthly Cost (w/ Mortgage)

$3,794

Housing Types

Single Family
82.0%
Multi-Family
16.8%
Mobile Home
1.1%

The current median sale price in Tenafly, NJ is $1,700,000 according to Redfin data. Homes spend a median of 88 days on the market. 46.1% of homes sold above asking price. The market has 1.9 months of supply. The median price per square foot is $600. The median rent is $3,143 per month (Census ACS). About 72.2% of housing units are owner-occupied. The median year homes were built is 1957. There are 5,415 total housing units.