Essential insights for buyers and investors in Fanwood, New Jersey — helping you navigate with confidence.
Fanwood offers predominantly single-family detached homes, many of which are older, established residences (median home age ~62 years) in a commuter town setting. There are also smaller homes and some attached units/townhomes, though these are less common.
The area is served by the Scotch Plains‑Fanwood School District, which is highly rated — for example, Niche ranked it #33 of 243 New Jersey districts. Individual schools receive A-grades in many cases.
Yes — the market shows strength. The median sale price recently was around $858,000, up ~13.8% year-over-year. With a strong school district and commuter access (rail station to NYC region) the fundamentals are solid for both owner occupancy and long-term investment.
Homes are in a seller-favourable market: in September 2025 the median sold price was $858K, rising ~13.8% from a year earlier. Days on market were relatively short.Listings show median list price around $792K, up ~13.3% year-over-year.
Quite competitive — homes are moving. Given the limited inventory (e.g., 7 homes sold in September compared to 4 last year) and rising prices, buyers may face bidding pressure.
Recent data: median sold price ~$858,000. Earlier estimates: average home value around $775,241.The listing median was ~$792K. Compared to nearby towns (e.g., Westfield, New Jersey at ~$1.2 M) it is more affordable yet still premium.
Average rents are around $3,100 per month (all property types) according to Zillow. Some other sources suggest median rents around ~$2,450. This indicates rental demand is present, though investment viability should consider purchase price vs rent and expected yield.
Fanwood shares many attributes with neighbouring Scotch Plains, New Jersey (same school district, commuter rail access) but often is somewhat more affordable (depending on block) and offers a distinct village-feel downtown. It holds strong value compared to some higher-priced adjacent towns. Use detailed comps for specific blocks.
Fanwood benefits from the Fanwood Station on the Raritan Valley Line of New Jersey Transit, offering commuter rail access. Major roadways and proximity to NYC-metro region make it attractive for commuters.
Fanwood offers small-town charm with a walkable downtown, local parks, and community feel within Union County. Crime levels are well below state average; cost of living is higher than average due to housing.
– Housing inventory is low and prices rising, so timing and offer strength matter.
– Higher cost of living and premium market — ensure budget aligns.
– Commute patterns are strong but check train schedule/ride time if work is NYC-area.
– Investment yield may be modest given high purchase price — run rent vs cost analysis.
– Check zoning, lot size, home age and condition (many homes are older) for renovation needs.
Fanwood sits on a ridge in central New Jersey, all land area (~1.34 sq miles) with a tight-knit community feel. The historic Fanwood Station building (Victorian) is on the National Register of Historic Places.
Browse things to do, places to see, and landmarks to explore in Fanwood and nearby areas.
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