The story of this market
The typical home in Union, New Jersey sells for about $599,000, or $325 per square foot.
Prices are down 1.52% from a year ago, which gives buyers more room to negotiate. Homes take about 36 days to sell. HUD's fair market rent for a two-bedroom is $2,700 a month.
Monthly price momentum
Home values since 2015
+5%
NJ · past 12 months
Freddie Mac House Price Index, single-family homes, monthly through 2026-08. Each line starts at 100 in January 2015, so a reading of 180 means prices are up 80% since then.
Union, New Jersey
The Union Township housing market shows resilience with steady demand, though median listing prices have seen a slight year-over-year adjustment. The market remains competitive, driven by its strategic location and strong owner-occupancy rates. Investors should monitor the impact of regional economic shifts on local inventory levels.
No ARED county foreclosure postings attributed to Union yet — the verified ledger covers every county the foreclosure ingest has read, attributed by published city area. Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.
Deterministic aggregate of 1 researched ZIP reports — sales_count-weighted (population fallback); per point, children lacking the value or its weight are excluded. Tax rates, sentiment and context notes are tier-native and never roll.
Median prices moved up 10.6% year over year.
Homes spend a median of 36 days on market with 2.0 months of supply — a fast-moving market.
8% of listings have cut prices · homes sell at 100% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 4.5% · poverty 6.7% — a stable, low-distress profile.
The amenity base that shapes daily life and property demand in this city — what residents actually live with, and what the pipeline is adding.
A network of municipal parks providing playgrounds, sports fields, and walking paths for residents.
A major regional golf facility offering an 18-hole course and practice areas, serving as a significant recreational anchor.
Union Township is well-suited for family buyers seeking suburban living with convenient access to the New York City metropolitan area. It also attracts commuters who value transit connectivity and established residential neighborhoods. Investors may find opportunities, though they must account for the state's tenant-protective laws.
The township is served by the Union Township School District, which provides a comprehensive public education system for local students. The district is characterized by its focus on diverse student needs and community-oriented programming. Performance metrics vary by campus, with ongoing efforts to maintain academic standards across the district.
Union Township is served by major highway corridors and public transit options, including NJ Transit bus and rail services. These connections provide essential access to Newark and New York City for commuters.
Union Township offers a variety of recreational amenities, including numerous municipal parks and green spaces that serve local neighborhoods. The Galloping Hill Golf Course is a prominent regional attraction, providing significant leisure opportunities. These facilities contribute to the township's appeal for families and active residents.
The rental market in Union Township is characterized by steady demand, supported by its accessibility to regional employment centers. Vacancy rates remain relatively low due to the township's residential appeal and limited new supply. Investors should note the tenant-protective regulatory environment common across New Jersey.
The local economy is anchored by a mix of retail, service, and light industrial sectors, benefiting from the township's central location in Union County. Proximity to major highways and transit links facilitates access to broader regional employment markets.
Union Township benefits from its strategic location in the New York metropolitan area, supporting a stable economic base. Development momentum is driven by its proximity to major transit corridors and regional employment hubs. Infrastructure investments continue to support the township's residential and commercial viability.
Development activity in Union Township focuses on maintaining existing infrastructure and supporting moderate residential growth. Current planning efforts prioritize the revitalization of commercial corridors and the enhancement of public amenities.
Parcels in Union Township are subject to municipal, county, and school district taxes. Special assessments may apply for specific utility or infrastructure improvements as determined by local ordinances.
Composed from the ARED governance burden registry — tier-native tax structure (state + county + city + special districts), never averaged. State (New Jersey) — Farmland Assessment: Property is assessed based on its productive capability for agricultural use rather than its full market value, resulting in a lower tax burden. State (New Jersey) — Ad Valorem Property Tax: Tax is calculated as (Assessed Value * Tax Rate). Assessed value is determined by the municipal assessor at 100% of true market value. The tax rate is set by local taxing districts to cover municipal, county, and school budgets.
Data retrieved from US Census Bureau QuickFacts for Union township, Union County, NJ.
Public schools whose reported address is in this area (NCES). Not attendance boundaries — schools that serve residents may sit outside it. Check the district's address locator for assignment.