in Englewood Cliffs, NJ • 2026 Buying Guide
Best Month
February
$1.20M
Avoid
April
$1.66M
Potential Savings
$459K
27.7% difference
Market Type
Balanced
6.0 mo. supply
Highlight your townhouse's advantages over condos (more space, private entrance) and its affordability compared to single-family homes. End units and those with garages command premium pricing.
Median Sale Price
$1.50M
N/A YoY
Days on Market
156
median days
Inventory
18
active listings
Sale-to-List Ratio
94.8%
room to negotiate
Jan
$1.34M
Feb
$1.20M
BestMar
$1.16M
Apr
$1.66M
PeakMay
$1.50M
Jun
$1.55M
Jul
$1.26M
Aug
$1.36M
Sep
$1.35M
Oct
$1.27M
Nov
$1.38M
Dec
$1.62M
Based on historical sales data in Englewood Cliffs
Townhouses attract first-time buyers and downsizers, making timing more predictable. Winter offers the best deals as families are less active, but early spring (before the rush) can offer good inventory before competition heats up.
Pro Tip: With Englewood Cliffs's median price at $1.50M, a 20% down payment would be approximately $300K. Get pre-approved early to know exactly what you can afford.
Based on our analysis of Englewood Cliffs's housing market, February is typically the best time to buy a townhouse. During this month, prices average around $1.20M, which is 27.7% lower than peak prices in April. Townhouses attract first-time buyers and downsizers, making timing more predictable. Winter offers the best deals as families are less active, but early spring (before the rush) can offer good inventory before competition heats up.
The current median home price in Englewood Cliffs is $1.50M. Townhouse prices vary based on location, size, and condition. Year-over-year, prices have changed N/A. Townhouses often appreciate similarly to single-family homes in the same area while requiring less maintenance. End units and those with garages typically appreciate faster.
Englewood Cliffs has a balanced market. This means you have reasonable options without extreme competition. Take time to find the right townhouse but be prepared to move when you find it.
Key considerations for buying a townhouse in Englewood Cliffs include: End unit vs. interior - affects noise, natural light, and resale value; Understand exactly what the HOA maintains (often exterior only); Check shared wall sound insulation quality. Also watch for red flags like Shared driveways or parking issues and Evidence of water intrusion on shared walls.
Homes in Englewood Cliffs currently spend an average of 156 days on market. This suggests a slower market where you have more time to negotiate.
Most townhouses qualify for conventional, FHA, and VA loans Some lenders classify townhouses as condos - verify with your lender With Englewood Cliffs's median price of $1.50M, you'll want to get pre-approved early to understand your budget.
Looking for the best time to buy a townhouse in Englewood Cliffs? Our analysis shows that February typically offers the best prices, with homes averaging around $1.20M. Buying during this time could save you up to $459K compared to peak months like April.
With a median price of $1.50M and homes spending an average of 156 days on market, Englewood Cliffs is currently a balanced market. There's currently 6.0 months of inventory available.
Townhouses often appreciate similarly to single-family homes in the same area while requiring less maintenance. End units and those with garages typically appreciate faster.
Working with a local real estate agent who knows Englewood Cliffs can help you understand neighborhood dynamics, identify the best opportunities, and negotiate effectively in this market.
Connect with local agents who specialize in townhouses.