Norwood, NJ
About Norwood, NJ Real Estate Market
The borough of Norwood was created using the portions of Harrington Township in 1905, as a result of an act of the New Jersey Legislature. Even before that, the present-day territory of Norwood was a prominent part of Harrington Township, between the Hudson River in the east and Saddle River in the west. The population in Norwood began settling in 1686 by many families from the Dutch Republic, who used the Tappan Patent to purchase lands in the territory. Before that, the Lenni Lenape native Americans roamed in the territory. However, now you can have small-sized houses for sale in this part of New Jersey.
There are dense forests surrounding the borough of Norwood, which are home to many species, such as turtles, deer, rabbits, foxes and coyotes. The gradual rise in the human population started interfering with the existing wildlife.
| Population: | 5,711 |
| Total Housing Units: | 2,007 |
| Single Family Homes: | 1,798 |
| General Tax Rate (2023): | 2.645% |
| Effective Tax Rate (2023): | 2.163% |
| Compare To Other Towns |
Norwood Market Indicators
PRICE INDEX
| Average Price* (12mo): | $920,847 |
| Homes Sold* (12mo): | 36 |
SINGLE FAMILY HOME SALES
Norwood, NJ
REAL ESTATE TAXES
| General Tax Rate (2023): | 2.645% |
| Effective Tax Rate (2023): | 2.163% |
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New Listings in Norwood
Luxury Homes in Norwood
Norwood Schools & Libraries
Holy Family Catholic Academy
200 Summit St, Norwood, NJ 07648
| Fort Lee | 26 buildings |
| Edgewater | 29 buildings |
| Cliffside Park | 6 buildings |
| North Bergen | 6 buildings |
| Guttenberg | 2 buildings |
| West New York | 4 buildings |
| Union City | 1 buildings |
| Weehawken | 5 buildings |
| Hoboken | 10 buildings |
| Jersey City | 9 buildings |
MADISON ADAMSTM
Ridgewood, NJ 07450
201-760-1100 (office)
201-760-1102 (fax)
The data relating to the real estate for sale on this web site comes in part from the Internet Data Exchange Program of the NJMLS. Real estate listings held by brokerage firms other than Madison Adams are marked with the Internet Data Exchange logo and information about them includes the name of the listing brokers. Some properties listed with the participating brokers do not appear on this website at the request of the seller. Listings of brokers that do not participate in Internet Data Exchange do not appear on this website.
NJMLS is the owner of the copyrights of the listing content displayed for IDX. The NJMLS Internet Data Exchange Logo is a service mark owned by the NJMLS, Inc.
All information deemed reliable but not guaranteed. Last date updated: 12/21/2024 00:05 AM
Source: New Jersey Multiple Listing Service, Inc.
“©2024 New Jersey Multiple Listing Service, Inc. All rights reserved.”
Average Price reflects the average price of single family homes sold in particular town. It is calculated based on the twelve month moving average (geometric mean).
General Tax Rate is used to determine the amount of real estate tax levied upon a particular property. This rate is used to compute the tax bill.
Effective Tax Rate is used to compare of one district to another district based on the assumption that all districts are at 100% valuation. This rate has been computed by the State of New Jersey Department of the Treasury using County Equalization Average Ratios. This rate is NOT to be used to compute the tax bill.
Homes Sold is the number of single family homes sold in a particular district in the past 12 month period.
Data Source: US Census 2010, NJ MLS, State of New Jersey Department of the Treasury