Why Live in Caldwell
Caldwell, New Jersey, located 5 miles from Montclair and 20 miles from Midtown Manhattan, is a small community known for its historical charm and close-knit atmosphere. The town features a mix of pre-World War II architecture and newer developments, with Colonial styles being particularly prevalent. White picket fences and condominium communities are common sights. Caldwell University, a private institution with around 1,600 undergraduates, adds to the local character with its brick libraries and expansive greens. The local schools, including Essex Fells, Lincoln Elementary, Grover Cleveland Middle, and James Caldwell High, are highly rated, offering strong educational opportunities. Grover Cleveland Park, spanning over 40 acres, provides residents with running trails, fields for frisbee, a fishing pond, playground, tennis courts, and outdoor workout equipment. The park also hosts the annual Halloween Festival. Bloomfield Avenue is the hub for dining, featuring Italian eateries like Angeloni’s Restaurant and Pizzeria, Stephanie’s Italian Restaurant, and Guerriero Gelato & Cakes. Cloverleaf Tavern is a local favorite known for its extensive draught list and trivia nights. Grocery shopping options include Super Foodtown, Caldwell Market Place, ShopRite, and Calandra’s Italian Village. Community events such as the West Essex Memorial Day Parade, Fourth of July fireworks, and annual tree lighting at the Caldwell Firehouse foster a strong sense of community. While Caldwell lacks its own train station, residents can commute to New York City via nearby Montclair’s rail service, Interstate 280, or express buses from Willowbrook Mall. Newark Liberty International Airport is about a half-hour away, and medical care is accessible at Cooperman Barnabas Medical Center and Mountainside Medical Center.
Frequently Asked Questions
What is the average home price in Caldwell, NJ?
Homes for sale in Caldwell, NJ have an average home price of $900,509.
How many homes have sold over the last 12 months in Caldwell, NJ?
104 homes have sold in Caldwell, NJ over the last 12 months.
What are the most popular zip codes in Caldwell, NJ?
How much do you need to make to afford a house in Caldwell?
The median home price in Caldwell is $749,500. If you put a 20% down payment of $149,900 and had a 30-year fixed mortgage with an interest rate of 6.72%, your estimated principal and interest payment would be $3,880 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $166K a year to afford the median home price in Caldwell.
How are the schools in Caldwell, NJ?
Home Trends in Caldwell, NJ
On average, homes in Caldwell, NJ sell after 27 days on the market compared to the national average of 50 days. The median sale price for homes in Caldwell, NJ over the last 12 months is $749,000, up 11% from the median home sale price over the previous 12 months.
Median Sale Price
$749,000
Median Single Family Sale Price
$815,000
Median Townhouse Sale Price
$582,000
Median 2 Bedroom Sale Price
$549,500
Median 1 Bedroom Sale Price
$299,900
Average Price Per Sq Ft
$388
Number of Homes for Sale
13
Last 12 months Home Sales
104
Median List Price
$749,500
Median Change From 1st List Price
0%
Median Home Sale Price YoY Change
11%