House Prices

Mackay School area Tenafly, NJ House Prices & Home Values 2026


Average Data

average house price$1,631,490
average size per house3717 ft²
average price per ft²429 $ / ft²

05/22/2026 - The value range (VR) for house prices in Mackay School area Tenafly, NJ is $407.55/ sqft to $450.45/ sqft. An average home with 3717 sqft costs approximately $1,478,507 to $1,634,139. Tenafly, NJ includes 1 ZIP codes and it is located in Bergen county. The lowest prices are found in ZIP 07670, while the highest are in ZIP 07670. The average price per sqare feet is $429. Our analysis is based on 13 property listings.

Avergage prices by ZIP codes Mackay School area Tenafly

07670417 $ / ft²




Historical development of home values in Mackay School area Tenafly

Year Estimated value (USD) Change vs. 2025
2010 $757,693 -53.6%
2011 $728,393 -55.4%
2012 $726,432 -55.5%
2013 $753,584 -53.8%
2014 $791,056 -51.5%
2015 $831,656 -49.0%
2016 $875,057 -46.4%
2017 $922,288 -43.5%
2018 $973,277 -40.3%
2019 $1,018,406 -37.6%
2020 $1,071,053 -34.4%
2021 $1,218,207 -25.3%
2022 $1,420,156 -13.0%
2023 $1,497,620 -8.2%
2024 $1,584,260 -2.9%
2025 $1,631,490 0.0%

Graph: estimated home values in Mackay School area Tenafly over time (USD)



Example: 100% financing house in Mackay School area Tenafly

Loan amount: $1,631,490

Interest rate: 5.86%

Fixed monthly payment: $9,631.08

Breakdown in the 1st month:
Interest portion: $7,961.67  –  Principal portion: $1,669.41

Yearly breakdown (100% financing)

Year Interest per year ($) Principal per year ($) Remaining balance at year-end ($)
1 $94,993.53 $20,579.39 $1,610,910.61
2 $93,755.52 $21,817.40 $1,589,093.20
3 $92,443.04 $23,129.88 $1,565,963.32
4 $91,051.60 $24,521.32 $1,541,442.00
5 $89,576.46 $25,996.47 $1,515,445.53
6 $88,012.57 $27,560.35 $1,487,885.18
7 $86,354.61 $29,218.32 $1,458,666.86
8 $84,596.90 $30,976.02 $1,427,690.84
9 $82,733.46 $32,839.46 $1,394,851.38
10 $80,757.92 $34,815.01 $1,360,036.37
11 $78,663.53 $36,909.39 $1,323,126.98
12 $76,443.15 $39,129.77 $1,283,997.20
13 $74,089.20 $41,483.73 $1,242,513.47
14 $71,593.63 $43,979.29 $1,198,534.19
15 $68,947.95 $46,624.98 $1,151,909.21
16 $66,143.10 $49,429.82 $1,102,479.38
17 $63,169.52 $52,403.40 $1,050,075.98
18 $60,017.06 $55,555.87 $994,520.11
19 $56,674.95 $58,897.97 $935,622.14
20 $53,131.79 $62,441.14 $873,181.00
21 $49,375.48 $66,197.44 $806,983.56
22 $45,393.20 $70,179.72 $736,803.83
23 $41,171.36 $74,401.57 $662,402.26
24 $36,695.54 $78,877.39 $583,524.88
25 $31,950.46 $83,622.46 $499,902.41
26 $26,919.94 $88,652.99 $411,249.42
27 $21,586.78 $93,986.14 $317,263.28
28 $15,932.80 $99,640.12 $217,623.16
29 $9,938.69 $105,634.23 $111,988.93
30 $3,583.99 $111,988.93 $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 Mackay School area Tenafly, NJ


1500 sqft3900 sqft
Ø selling price$759,948$1,616,617
Ø fast selling$690,862$1,454,955
Ø high price sale$829,034$1,778,278

In 2026, houses in Mackay School area Tenafly, NJ will be offered at an average price of $429 per square foot. A 1,500 sqft home priced at $759,948 is 22.45% more expensive per square foot than a 3,900 sqft home priced at $1,616,617. Home prices in Mackay School area Tenafly, NJ vary significantly depending on the property’s condition and exact location. For a quick sale, a 2,700 sqft home should be listed at around $1,119,196. Sellers who can wait longer may achieve a higher price of up to $1,367,906.


Living in the Mackay School Area of Tenafly, NJ

Overview

The Mackay School area in Tenafly, NJ blends suburban charm with a highly rated public school atmosphere, attracting buyers who value education and convenience. Centered around Mackay Elementary School, the neighborhood features tree-lined streets, sidewalks, and a warm, family-friendly vibe. Residents enjoy easy access to downtown Tenafly?s boutiques, cafes, and services along Washington Street and Tenafly Road.

Schools and Community

Parents praise the strong Tenafly Public Schools district, with Mackay Elementary feeding into acclaimed middle and high schools. Parks, playgrounds, and nearby nature trails, including the Tenafly Nature Center and Roosevelt Common, support an active lifestyle year-round.

Location and Lifestyle

Commuters appreciate frequent NJ Transit bus options to Manhattan and proximity to major routes, making the Mackay School area a smart choice for NYC professionals.
Housing in this enclave ranges from classic colonials to updated contemporaries, with well-kept lots and curb appeal. Many homes are within walking distance of schools, houses of worship, and community amenities, enhancing daily convenience.

Real Estate and Value

The local real estate market remains competitive in Bergen County, with strong demand, limited inventory, and property values that reflect Tenafly?s prestige. For home seekers searching ?Mackay School area Tenafly NJ homes for sale,? this neighborhood offers top-tier schools, a prime location, and an inviting small-town feel.



FAQ – Home Values in Mackay School area Tenafly

What is the median home value in Mackay School area Tenafly in 2026?

In 2026, the typical home value in Mackay School area Tenafly is about $1,631,490 for an average home size of 3717 square feet. This corresponds to an average price of roughly $429 per square foot.

What is the average cost per square foot in Mackay School area Tenafly?

In 2026, homes in Mackay School area Tenafly sell for an average of around $429 per square foot, with a typical range between $407.55 and $450.45 per square foot, depending on the property’s location, condition, and lot size.

What is the average home size in Mackay School area?

The average home size in Mackay School area Tenafly is about 3717 square feet, with an estimated 2026 value around $1,631,490.



Neighborhoods close to Mackay School area Tenafly, NJ

Downtown Red Bank, NJ339 $ / ft²
Thornbrooke Shrewsbury, NJ263 $ / ft²
West Allenhurst Allenhurst, NJ271 $ / ft²
West Englewood Teaneck, NJ312 $ / ft²
New Bridge River Edge, NJ363 $ / ft²
Overpeck Ridgefield Park, NJ301 $ / ft²
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