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ELLIS COOK HOUSE, EAST HANOVER, MORRIS COUNTYPhoto: Jerrye & Roy Klotz, MD · CC BY-SA 3.0
Housing in East Hanover Township

124 homes sold in East Hanover Township in the last year, at a typical $938K

Redfin reports East Hanover Township’s sales by ZIP code, so these figures are for ZIP 07936, which takes in East Hanover Township and the area around it. Almost every sale is a house. Below: what each kind of home sells for, what your budget buys, the best months to buy, how hard you’ll have to bid, and a shortcut to every site where East Hanover Township homes are listed.

Homes for sale in East Hanover TownshipZillowRealtor.comMore places to look ↓
Homes sold
124
ZIP 07936 · October 2025 to September 2026
Typical sale price
$938K
median, weighted by sales
Price per square foot
$405
New Jersey $335
Paid vs. asking
103.9%
58% sold over asking
For sale now
25
September 2026 · 16 sold that month
What sold · last 12 months · ZIP 07936

Houses are 97% of East Hanover Township’s sales, at a typical $966K (year to May 2026)

124 homes sold in the year to September 2026.

Houses$966K

typical sale · 102 sold in the year to May 2026

Per square foot
$399NJ $331
Days to sell
25
Sold over asking
64%
Fewer sales

Condos: 1 sold, typical $419K

Too few sales in 12 months for reliable figures.

10 years of sales

More homes sell than most years, at 1.7 times the 2016 price

124 sales in the last year, against 144 in 2021 and a low of 73 in 2023. The typical sale went from $540K in 2016 to $938K.

Homes soldTypical sale price
03775112150$550K$700K$850K$1M2016: 122 sold, typical $540K’162017: 125 sold, typical $533K2018: 100 sold, typical $527K’182019: 86 sold, typical $550K2020: 111 sold, typical $537K’202021: 144 sold, typical $612K2022: 116 sold, typical $643K’222023: 73 sold, typical $665K2024: 94 sold, typical $744K’242025: 100 sold, typical $924KLast 12 months: 124 sold, typical $938KNow

Source: Redfin Data Center, MLS sales; for ZIP 07936, which takes in East Hanover Township and the area around it (each month is a 3-month rolling window, its counts divided by 3). Typical price and $/sq ft are the monthly medians, weighted by sales. Redfin stopped publishing towns’ figures by property type after May 2026, so houses and condos are shown for the year to then.

What your budget buys

What $950K buys in East Hanover Township

Houseat $399 a sq ft, year to May 2026
The same money in New Jerseyat $331 a sq ft, year to May 2026

Is this asking price fair?

Check a listing against what East Hanover Township homes sold for

Against the town’s median price per square foot over the last 12 months. A rough check: condition, lot and location within town move a price more than this can see.

What the sales history says · 10 years of sales

Bidding wars in East Hanover Township are more common than before the pandemic, but half fewer homes come up for sale

We read every month of home sales in ZIP 07936 since 2016 so you don’t have to. Each figure covers 12 months, because a single month in a town is too few sales to mean much. Latest: the year to September 2026, 124 sales.

If you’re buying in East Hanover Township

  • Shop in May. It brings about 13 new listings a month, close to the busiest month, with fewer bidding wars (40% over asking).
  • Expect to bid over asking. Buyers paid 103.9% of the list price on average; 58% paid over.
  • You’ll usually have time. Only 33% of homes go under contract within two weeks; the typical one takes 24 days.
Best time to buy

Summer brings both the most homes and the most bidding wars

July has the most new listings (about 14 a month), but June is the most competitive: 43% of June sales close over asking. May and June offer nearly as much choice with fewer homes bid up (40%). November has the least competition (29%).

New listings a monthShare sold over asking
03.87.511.31520%40%60%Sweet spotJan: 7 new listings a month, 31% sold over asking, 86 days to sellJFeb: 7 new listings a month, 32% sold over asking, 86 days to sellFMar: 9 new listings a month, 33% sold over asking, 80 days to sellMApr: 11 new listings a month, 37% sold over asking, 78 days to sellAMay: 13 new listings a month, 40% sold over asking, 65 days to sellMJun: 14 new listings a month, 43% sold over asking, 68 days to sellJJul: 14 new listings a month, 43% sold over asking, 68 days to sellJAug: 12 new listings a month, 41% sold over asking, 68 days to sellASep: 11 new listings a month, 36% sold over asking, 68 days to sellSOct: 11 new listings a month, 31% sold over asking, 72 days to sellONov: 10 new listings a month, 29% sold over asking, 72 days to sellNDec: 8 new listings a month, 30% sold over asking, 78 days to sellD

Averages for each calendar month, 2015 on.

How competitive is it now?

Hotter than in 2021, and hotter than New Jersey

East Hanover Township now2017–192021 peakNJ now
Sold over askingShare of sales that closed above the list price58%20%42%44%
Gone within two weeksShare of homes under contract within 14 days33%1%2%30%
Price paid vs. askingAverage sale price ÷ list price103.9%97.6%100.4%100.9%
Days to sellMedian days from listing to contract24947946
Supply

19 homes for sale on a typical day

That’s twice the 2024 low (9), 52% fewer than in 2017–19 and well under 2016’s 61.

2016: 61 for sale’162017: 40 for sale2018: 37 for sale2019: 41 for sale’192020: 34 for sale2021: 30 for sale2022: 21 for sale’222023: 13 for sale2024: 9 for sale2025: 16 for sale’25Last 12 months: 19 for saleNow

Source: Redfin Data Center, ZIP code tracker; for ZIP 07936, which takes in East Hanover Township and the area around it (each month is a 3-month rolling window, its counts divided by 3), January 2016 to September 2026 (MLS sales, not seasonally adjusted). Ratios are weighted by homes sold; price cuts by homes for sale.

Rent or buy?

Owning the typical East Hanover Township home costs about $5,981 a month

Mortgage
Property tax
Insurance
Rent

Price: East Hanover Township’s typical sale, last 12 months. Property tax at East Hanover Township’s 1.4% (median bill ÷ median value, Census ACS); insurance at 0.35% of price a year. Before PMI, HOA dues, upkeep and the tax deduction. Whether East Hanover Township is affordable on local pay is on Cost of living.

Before you buy in East Hanover Township

Six things worth knowing

14

New listings in July

The month with the most choice. January has the fewest, about 7.

Best time to buy
1.4%

Property tax, a year

Of a home’s value: the median bill over the median home value. On a $938K home, about $13,050 a year.

Taxes vs. neighbors
A−

Schools

The schools grade for East Hanover Township, from test results, graduation and how much students grow.

Schools in East Hanover Township
25 min

Typical commute

The average one-way trip to work for people who live in East Hanover Township.

Work & commute
Flood

Check the flood map

Flood insurance isn’t in a standard policy, and lenders require it in FEMA flood zones. Check the address before you make an offer.

Natural hazards
Records

Look up any property

Assessed value, lot size and every past sale of a home you’re eyeing are public, at the town or county assessor and the registry of deeds.

Nearby markets · last 12 months

Troy Hills and Pine Brook sell for less a square foot

The busier markets within 25 miles of East Hanover Township, by what sold. Prices, taxes and how far a paycheck goes next door are on Cost of living.

SoldTypical sale$/sq ftOver askingDays to sell
East Hanover Township (ZIP 07936)124$938K$40558%24
Florham Park112$1.1M$50158%24
Whippany86$731K$41764%22
West Caldwell Township85$784K$43677%37
Roseland74$827K$42258%44
Troy Hills42$843K$37966%30
Pine Brook34$953K$38681%22

Redfin Data Center, October 2025 to September 2026. Towns with fewer than 20 sales are left out, and Redfin doesn’t report every town separately.

Selling, or renting out?

Post your home to East Hanover Township, free

Selling it yourself, renting out an apartment or looking for a roommate? Post it to East Hanover Township. People who follow the town see it, and so do people comparing East Hanover Township with their own town. No commission, no listing fee.

Questions about buying a home in East Hanover Township

What do homes sell for in East Hanover Township, NJ?

124 homes sold in the year to September 2026 at a typical $938K, $405 a square foot.

Is East Hanover Township a buyer’s or seller’s market?

A seller’s market: 25 homes were for sale in September 2026 and 16 sold, about 1.6 months of supply. Buyers paid 103.9% of asking on average.

When is the best time to buy in East Hanover Township?

July brings the most new listings. The sales history shows which months have fewer bidding wars.

How much are property taxes in East Hanover Township?

About 1.4% of a home’s value a year. On a $938K home that’s near $13,050.

Where can I see homes for sale in East Hanover Township?

Zillow, Redfin, Realtor.com and Homes.com all carry East Hanover Township’s MLS listings; the search links above open each one filtered to East Hanover Township.

Sales, prices, days on market and listings: Redfin Data Center (MLS, monthly, not seasonally adjusted; for ZIP 07936, which takes in East Hanover Township and the area around it (each month is a 3-month rolling window, its counts divided by 3)). Property tax rate: Census American Community Survey. Two-bedroom rent: HUD Fair Market Rent. Typical home value: Zillow Home Value Index. Schools grade: TownRatings (how grades work).