House Prices

House Prices & Home Values Norwood, NJ 2026


Average Data

average house price$951,814
average size per house2832 ft²
average price per ft²337 $ / ft²

04/04/2026 - The value range (VR) for house prices in Norwood, NJ is $261/ sqft to $261/ sqft. An average home with 2832 sqft costs approximately $739,152 to $739,152. Norwood, NJ includes 1 ZIP codes and it is located in Bergen county. The lowest prices are found in ZIP 07648, while the highest are in ZIP 07648. The average price per sqare feet is $337. Our analysis is based on 20 property listings.

Avergage prices by ZIP codes Norwood

07648261 $ / ft²




Historical development of home values in Norwood

Year Estimated value (USD) Change vs. 2025
2010 $442,040 -53.6%
2011 $424,946 -55.4%
2012 $423,802 -55.5%
2013 $439,642 -53.8%
2014 $461,503 -51.5%
2015 $485,189 -49.0%
2016 $510,510 -46.4%
2017 $538,064 -43.5%
2018 $567,811 -40.3%
2019 $594,140 -37.6%
2020 $624,854 -34.4%
2021 $710,704 -25.3%
2022 $828,521 -13.0%
2023 $873,714 -8.2%
2024 $924,260 -2.9%
2025 $951,814 0.0%

Graph: estimated home values in Norwood over time (USD)



Example: 100% financing house in Norwood

Loan amount: $951,814

Interest rate: 6.00%

Fixed monthly payment: $5,706.61

Breakdown in the 1st month:
Interest portion: $4,759.07  –  Principal portion: $947.54

Yearly breakdown (100% financing)

Year Interest per year ($) Principal per year ($) Remaining balance at year-end ($)
1 $56,790.88 $11,688.39 $940,125.61
2 $56,069.97 $12,409.30 $927,716.31
3 $55,304.59 $13,174.68 $914,541.63
4 $54,492.00 $13,987.27 $900,554.37
5 $53,629.30 $14,849.97 $885,704.40
6 $52,713.39 $15,765.88 $869,938.51
7 $51,740.98 $16,738.29 $853,200.22
8 $50,708.60 $17,770.67 $835,429.56
9 $49,612.54 $18,866.73 $816,562.83
10 $48,448.89 $20,030.38 $796,532.45
11 $47,213.46 $21,265.81 $775,266.63
12 $45,901.83 $22,577.44 $752,689.19
13 $44,509.30 $23,969.97 $728,719.22
14 $43,030.88 $25,448.39 $703,270.83
15 $41,461.28 $27,017.99 $676,252.85
16 $39,794.87 $28,684.40 $647,568.45
17 $38,025.68 $30,453.59 $617,114.86
18 $36,147.37 $32,331.90 $584,782.97
19 $34,153.21 $34,326.06 $550,456.91
20 $32,036.06 $36,443.21 $514,013.69
21 $29,788.32 $38,690.95 $475,322.74
22 $27,401.94 $41,077.33 $434,245.42
23 $24,868.38 $43,610.89 $390,634.53
24 $22,178.56 $46,300.71 $344,333.82
25 $19,322.83 $49,156.44 $295,177.39
26 $16,290.97 $52,188.30 $242,989.09
27 $13,072.11 $55,407.16 $187,581.93
28 $9,654.72 $58,824.55 $128,757.38
29 $6,026.55 $62,452.72 $66,304.67
30 $2,174.60 $66,304.67 $0.00

Note: The calculation is based on a standard annuity mortgage with a fixed monthly payment over the entire term. Extra payments, interest rate changes, and additional purchase costs (e.g. taxes, notary fees) are not included.


How to sell in Norwood, NJ


1500 sqft3900 sqft
Ø selling price$611,655$1,301,157
Ø fast selling$556,050$1,171,042
Ø high price sale$667,260$1,431,273

In 2026, houses in Norwood, NJ will be offered at an average price of $337 per square foot. A 1,500 sqft home priced at $611,655 is 22.98% more expensive per square foot than a 3,900 sqft home priced at $1,301,157. Home prices in Norwood, NJ vary significantly depending on the neighborhood and location. For a quick sale, a 2,700 sqft home should be listed at around $900,802. Sellers who can wait longer may achieve a higher price of up to $1,100,980.


Discover Norwood, NJ

Norwood, NJ is a Bergen County borough in ZIP code 07648 offering a peaceful suburban vibe just minutes from New York City.

Location & Accessibility


Convenient access to the Palisades Interstate Parkway and Route 9W makes commuting from Norwood to Manhattan and nearby towns like Closter, Northvale, and Harrington Park straightforward.

Community & Lifestyle


The community is known for safe streets, friendly neighbors, and a calendar of borough-run events that foster a welcoming, small-town feel.

Parks & Recreation


Residents enjoy outdoor recreation on local fields and playgrounds as well as hiking, biking, and scenic overlooks in the nearby Palisades Interstate Park.

Schools & Education


Families value education here, with Norwood Public School serving K?8 and high school students attending the acclaimed Northern Valley Regional High School at Old Tappan.

Homes & Real Estate


Real estate in Norwood, NJ features tree-lined streets, well-kept single-family homes, and townhome options that maintain strong long-term value.

Dining & Shopping


Dining and shopping include cozy cafes, international eateries, and convenient retail in Norwood?s small downtown and at nearby centers like Closter Plaza and Northvale Square.

Local Economy


The local economy blends independent shops with professional services and light industrial spaces that support jobs close to home.

History & Character


Incorporated in the early 1900s, Norwood balances historic character with thoughtful growth to preserve its leafy, residential charm.

Why Choose Norwood


With well-regarded schools, parks, and commuter access, Norwood, NJ delivers a balanced lifestyle that appeals to families, professionals, and anyone seeking a thriving suburban community.



FAQ – Home Values in Norwood

What is the median home value in Norwood in 2026?

In 2026, the typical home value in Norwood is about $951,814 for an average home size of 2832 square feet. This corresponds to an average price of roughly $337 per square foot.

What is the average cost per square foot in Norwood?

In 2026, homes in Norwood sell for an average of around $337 per square foot, with a typical range between $261 and $261 per square foot, depending on the property’s location, condition, and lot size.

What is the average home size in ?

The average home size in Norwood is about 2832 square feet, with an estimated 2026 value around $951,814.



Locations close to Norwood, NJ

Oradell, NJ260 $ / ft²
Palisades Park, NJ292 $ / ft²
Paramus, NJ271 $ / ft²
Northvale, NJ585 $ / ft²
New Milford, NJ287 $ / ft²
Montvale, NJ339 $ / ft²
  imprint  Privacy