Real Estate Market Update for 07090 (Westfield, NJ)
Welcome to April's Market Update. Let’s take a look at residential real-estate activity in your area during the month of March. The number of active listings was up 6% from one year earlier, and up 6% from the previous month. This continued upward trend reflected a healthy inventory for buyers to choose from. As you can see, the median listing price for the month was just under 1.15-million dollars. Compared to last year, the average number of days units spent on the market before being sold was up 3%. This higher number of days may signal a slowdown in the local inventory-turnover rate. The median sale price was 720-thousand dollars. The number of units sold increased 6% year-over-year, and increased nearly 200% month-over-month. These figures may indicate that buyers have been taking advantage of opportunities in this market. Thanks for watching. We hope you use this information to make smart, informed decisions in your upcoming real-estate transactions. Feel free to contact us for more information or further assistance.
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Map Information for 07090 (Westfield, NJ)
Area Information for 07090 (Westfield, NJ)
  • Population: 30,931
  • Median Age: 42.35 yr
  • Median Commute Time: 31 mins
  • Educational Climate*: 4
  • Sales Tax: 7%
  • Population Density: 4,600/sq mi
  • Population Change Since 2000: 4.29%
  • Closest Airport: Newark Liberty International
  • Closest College: Kean University
  • Closest Jr. College: Union County College
  • Median Household Income: $136,177
  • Annual Residential Turnover: 6%
  • Median Home Sales Price: $630,000
  • Closest Major Sports Team: New Jersey Devils
  • Change Avg. Household Income Since 2000: 44.43%
* Scale from 1-5  ** Index where 100 is the national average
Demographic Data for 07090 (Westfield, NJ)
Median Age: 42.35 Married: 51% Number of Households: 10,761 Households with Children: 4,746
Community:
    • Occupancy Types
      • 3599 Vacant
      • 8822 Owned
      • 12512 Rented
    • Transportation to Work
      • 43% Drive
      • 47% Public Transportation
      • 8% Walk / Bike / Other
      • 8% Work at Home
    National Index Comparisons:
    (100 National Average)
      • Population By Sex(%)
        • 50% Male
        • 50% Female
      • White/Blue Collar Jobs
        • 50% White Collar
        • 50% Blue Collar
      School Data for 07090 (Westfield, NJ)

      School Name Distance Type Grades School Rating Parent Rating
      Here We Grow Child Dev Cntr 0.2 mi Private PRESCHOOL-K 0 0
      Precious People Early Lrn Cnt 0.2 mi Private PRESCHOOL-K 0 0
      Holy Trinity Interparochial School 0.3 mi Catholic PRESCHOOL-8 0 0
      Westfield Senior High School 0.3 mi Public 9-12 4 4
      Westfield Area Y Childrens Center 0.4 mi Private PRESCHOOL-K 0 0
      St Pauls Day School 0.4 mi Private PRESCHOOL-K 0 0
      Presbyterian Nursery School & Kind 0.5 mi Private PRESCHOOL-K 0 0
      Westfield Day Care Center 0.5 mi Private PRESCHOOL-K 0 0
      Christopher Academy 0.5 mi Private PRESCHOOL-1 0 0
      Mckinley Elementary School 0.5 mi Public 1-5 4 0
      Redeemer Lutheran School 0.5 mi Private PRESCHOOL-K 0 0
      Lincoln School Early Childhood Learning Center 0.5 mi Public PRESCHOOL-K 0 0
      Kinderprep 0.6 mi Private PRESCHOOL-K 0 0
      Roosevelt Intermediate School 0.6 mi Public 6-8 5 0
      Thomas Edison Intermediate School 0.7 mi Public 6-8 4 0
      Temple Emanu El Early Child Ed Pgm 0.9 mi Private PRESCHOOL-K 0 0
      Wilson Elementary School 0.9 mi Public 1-5 5 0
      Franklin Elementary School 0.9 mi Public 1-5 4 0
      Tamaques Elementary School 1.0 mi Public 1-5 4 0
      Washington Elementary School 1.1 mi Public 1-5 5 0
      Jefferson Elementary School 1.1 mi Public 1-5 4 0
      Bamboo Shoots Mandarin School 1.2 mi Private PRESCHOOL-2 0 0
      Lamberts Mill Academy 1.8 mi Public 9-12 0 0
      Westlake School westfield 1.8 mi Public 3-12 0 0
      Hillcrest Academy south 1.8 mi Public 9-12 0 0
      Crossroads School 2.4 mi Public PRESCHOOL-8 0 0
      Proximity to listed schools and their school district(s) does not guarantee enrollment eligibility. Please contact a local real estate professional or the local school district(s) for the most current information relating to schools in the area. Sources: Onboard Informatics © 2015. School Performance data by SchoolDigger.com. School Review data by Niche.com.
      Local Weather for 07090 (Westfield, NJ)
        Community information and market data Powered by Onboard Informatics. Copyright ©2015 Onboard Informatics. Information is deemed reliable but not guaranteed. * Based on a 30-year fixed rate of 4.75% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.