Warren Township, NJ (07059) Real Estate Market Guide
Warren Township is a 19-square-mile residential community in Somerset County, New Jersey, sitting on the Watchung Mountains between I-78 and I-287. It is a low-density town of single-family homes on large lots, with a smaller and much newer townhome market concentrated in a few planned communities.
Dated snapshot. The figures on this page were pulled on August 24, 2026. Current Warren numbers live on Warren, Local., the market page that carries the latest refresh.
Every figure below comes from Garden State MLS closed and active records for Warren Township, Somerset County, pulled on August 24, 2026. The measurement window is the trailing 12 months unless stated otherwise. Nothing here is estimated or modeled.
Two months of supply is a seller's market by the conventional six-month benchmark. The qualifier is that Warren is a thin market. At roughly 15 closings a month across a town of this size, a single quarter with two or three unusual sales moves the median. Read the segment numbers below rather than the town-wide figure if you are pricing a specific house.
What changed over the past year
Comparing the trailing 12 months against the 12 months before it:
- Median sale price rose from $1,087,500 to $1,177,500, an increase of 8.3%
- Median days on market rose from 21 to 24
- Median sale price to original list price fell from 100.0% to 99.0%
- Median price per square foot rose from $399 to $412, an increase of 3.3%
- The share closing above original list price held at 37%
- Closed volume was essentially flat, 182 sales to 176
Those numbers point in two directions at once. Prices are still rising, and the gain in price per square foot says part of it is real rather than a change in what happened to sell. Negotiating position moved the other way. A year ago the median Warren home sold for exactly its original asking price. Today it sells for 99.0% of it, and it takes three days longer. Sellers who price to last year's conditions are now negotiating.
Single-family homes versus townhomes
Warren has two distinct markets that behave differently and should never be averaged together.
Single-family homes
- 132 closed sales, 75% of all activity
- Median sale price $1,300,000, with a range from $425,000 to $3,400,000
- Median 22 days on market
- Median $412 per square foot
- Median year built 1988
- Median annual property tax on sold homes $15,223
Townhomes and condominiums
- 40 closed sales, 23% of activity
- Median sale price $832,500, with market-rate sales ranging from $490,000 to $1,525,000
- Median 40 days on market
- Median $349 per square foot
- Median year built 2025
The median attached home in Warren was built last year. That is unusual and it explains the segment's numbers. New construction carries longer marketing times because units sell off plans and close on builder schedules, and the price per square foot sits below single-family because the product is smaller and denser. One sale in this segment was a deed-restricted affordable unit that resold at $173,572 under municipal affordability controls, which is why the range above is quoted on market-rate sales. Buyers comparing a 2025 townhome to a 1988 colonial are not shopping the same market.
How Warren prices behave by price band
| Price band | Closed sales | Median days on market | Median % of original ask |
|---|---|---|---|
| Under $700,000 | 28 | 24 | 96.7% |
| $700,000 to $1M | 49 | 26 | 98.1% |
| $1M to $1.5M | 59 | 19 | 100.0% |
| $1.5M to $2M | 24 | 37 | 96.8% |
| $2M and up | 16 | 29 | 99.2% |
Highlighted row is the strongest band in the town.
The strongest band in Warren is $1M to $1.5M. It is the deepest pool of buyers, it moves fastest at 19 days, and it is the only band where the median home still sells for its full original asking price. Demand thins in both directions from there.
The slow spot has shifted upmarket. The $1.5M to $2M band now takes the longest to sell at 37 days and shows the widest gap between asking and selling, at 96.8% of original list on 24 sales. The under-$700,000 band sits right beside it at 96.7%. That band is mostly older housing stock and dated condominiums where condition varies sharply, and asking prices are more often set optimistically. Above $2M, sales are thin at 16 a year, so any single negotiation there says more about the two parties than about the market.
Warren's neighborhoods and sub-markets
Median sale prices by named subdivision, measured over 24 months to get usable sample sizes:
| Subdivision | Median sale price | Sales |
|---|---|---|
| Greenwood Meadows | $1,545,000 | 20 |
| Villas at Warren | $1,350,000 | 11 |
| Four Seasons Promenade | $1,200,000 | 17 |
| Red Hill | $1,112,500 | 12 |
| Fairview at Warren | $882,500 | 9 |
| The Hills at Warren | $676,430 | 40 |
| No subdivision name of record | $1,012,500 | n/a |
Greenwood Meadows is Warren's highest-priced named community. Four Seasons Promenade is age-restricted. The Hills at Warren is the largest single subdivision by volume and Warren's most affordable entry point.
Roughly half of all Warren sales carry no subdivision name at all. Those are the unplanned parts of town, the acre-plus lots along Mount Bethel Road, Mount Horeb Road, Hillcrest Road and the older Smalleytown and Springdale areas. Median sale price for that unnamed group is $1,012,500, but the spread is very wide because it includes both 1950s ranches and modern custom estates. On those streets, comparable sales matter far more than any town or neighborhood median.
Schools
Warren Township Schools is a K-8 district operating four elementary schools and one middle school. It has no high school of its own.
Students in grades 9 through 12 attend Watchung Hills Regional High School, located in Warren. Watchung Hills enrolled 1,653 students in the 2024-25 school year and draws from four communities: Warren Township and Watchung, Green Brook through a sending and receiving relationship, and Long Hill Township in Morris County.
If school assignment is driving your search, confirm the specific elementary attendance zone for any address with the district before you make an offer. Zones do not follow neighborhood boundaries.
Property taxes
The median annual property tax bill on single-family homes that sold in Warren over the past 12 months was $15,223. That is the tax figure of record on the actual closed sales, not an estimate.
Two cautions. First, the number tracks the homes that sold, which skew toward the middle and upper end of the market, so it is not the median for every house in town. Second, a recent sale price does not automatically reset an assessment in New Jersey, so the tax line on a listing reflects the seller's assessment, not necessarily what a buyer will eventually pay.
Getting around
Warren has no NJ Transit rail station. The closest rail options are Berkeley Heights on the Gladstone Branch and Summit, where Gladstone Branch service connects to Midtown Direct trains into New York Penn Station. Warren is a drive-to-the-station town, and commuter parking availability at those stations is worth checking before you commit to an address.
By road, Warren sits between I-78 to the north and I-287 to the west, which is the main reason the town draws buyers working in both the Route 78 corridor and central New Jersey.
Common questions about the Warren NJ market
Is Warren NJ a buyer's or seller's market right now?
It is a seller's market by inventory. Warren has 2.0 months of supply against a six-month balance point. But the negotiating edge has narrowed. The median home sold for 99.0% of its original asking price over the past 12 months, down from 100.0% the year before.
What is the median home price in Warren Township NJ?
$1,177,500 across 176 closed sales in the trailing 12 months ending August 24, 2026. Single-family homes alone had a median of $1,300,000. Townhomes and condominiums had a median of $832,500.
How long does it take to sell a house in Warren NJ?
The median Warren home went under contract in 24 days. Homes between $1M and $1.5M move fastest at 19 days. Homes between $1.5M and $2M take the longest at 37 days.
What are property taxes like in Warren Township?
The median annual tax bill on single-family homes sold in the past 12 months was $15,223.
Which Warren neighborhood is most affordable?
The Hills at Warren, with a median sale price of $676,430 over the past 24 months. It is also the highest-volume subdivision in town.
Does Warren Township have its own high school?
No. Warren Township Schools serves kindergarten through eighth grade. Students in grades 9 through 12 attend Watchung Hills Regional High School.
Talk to someone who has actually sold here
I am a licensed New Jersey broker working in Warren Township, and I built the analysis on this page from the same MLS data I use to price my own listings. If you want to know what your specific house is worth, or whether a house you are considering is priced correctly, the town-wide median is the wrong tool. The right one is a comparable set for your street and your price band.