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Englewood Cliffs Has Four Different Median Home Prices Right Now. A 2026 Zoning Fight Explains Why.

August 13, 2026

Pull up four different sites for Englewood Cliffs home values and you will get four different stories. One shows prices climbing. Another shows them falling by nearly a third. A third lands somewhere in the middle. If you are comparing this borough against Tenafly or Cresskill using whatever number the first portal handed you, you are not comparing apples to apples. You may not even be looking at the same fruit.

The gap is not a data error. It is what happens when a small borough runs two separate housing markets on the same ZIP code at the same time, and one of those markets exists only because a Bergen County Superior Court order and a state housing statute forced it into being.

The Numbers Do Not Agree, And That Is The Story

Here is what four sources reported for Englewood Cliffs in the same general window this year.

Source Metric Figure Time window
Zillow Home Value Index Average home value, town-wide $1,827,677 (up 8.8% YoY) As of June 30, 2026
A separate monthly market tracker Average house price $1.35M (down 31.9% YoY) One-month snapshot, 2026
Homes.com Median sale price, trailing 12 months $1,762,500 (down 1% YoY) Reported in 2026
Movoto Median list price $3.59M May 2026

Three of those numbers describe resale activity. One describes what is currently listed. None of them separate a 1970s split-level from a ground-up rebuild, and that separation is the whole ballgame in this town right now.

Two Products, Same ZIP Code

Most Bergen County towns have one housing market with a wide range. Englewood Cliffs currently has two housing markets with almost no overlap, and they are being built by two completely different mechanisms.

The first mechanism is a Superior Court consent order. The second is a spec builder's spreadsheet. Neither one cares what the other is doing, which is why a town-wide median flattens two stories that should be told separately.

The Sylvan Avenue Track

Fair Share Housing Center, the nonprofit that monitors New Jersey's Mount Laurel obligations statewide, has pointed to more than 40 years without a certified affordable housing plan in Englewood Cliffs, dating back to the original Mount Laurel decision in 1975. That changed on paper in February 2026, when the Borough Council authorized its attorney to execute a consent order for Fourth Round conditional compliance certification with Fair Share Housing Center, covering a ten-year window running from July 1, 2025 through June 30, 2035.

That certification did not sit still. The Borough advanced Southern Sylvan Avenue Overlay Zone C and Overlay Zone D through revised ordinance drafts in February 2026, each permitting multifamily residential development at up to 20 dwelling units per acre with a 20 percent affordable set-aside. The zones cover specific parcels along and near Sylvan Avenue, including addresses at 510-550 Sylvan, 50-210 and 400-440 Sylvan, and parcels touching Charlotte Place and Rose Avenue.

Some of this is already occupied rather than entitled. The Sylvan, a 360-unit townhome and residential community built by Garden Communities on the site of the former Unilever corporate campus, opened a lottery earlier this year for 90 affordable rental units, with applications due by June 2, 2026 and occupancy targeted for summer 2026, meaning those units are moving toward occupancy right around now. A few blocks away, the CFI site at 20-32 Sylvan Avenue and 4 Bayview Avenue is entitled for a three-story mixed-use building with roughly 8,000 square feet of ground-floor retail and 48 apartment units above it, part of what the Borough's own filings call the Downtown Tiers inclusionary zones. The corridor also runs past 900 Sylvan Avenue, the CNBC headquarters property, and the LG corporate campus, whose North Woods parcel was rezoned years earlier as part of the same settlement framework that eventually produced these 2026 ordinances.

None of this product is for-sale single-family housing. It is rental apartments and townhomes arriving because of a legal process, not because a homeowner decided to sell.

The Roberts Road Track

Drive a few minutes from Sylvan Avenue and you land in a different market entirely, one that has nothing to do with court orders and everything to do with lot economics. Roberts Road has become one of the borough's go-to addresses for ground-up construction. One recent listing there totaled roughly 11,500 square feet across three elevator-serviced levels, a seven-bedroom, eight-and-a-half-bath house on a half-acre lot. Other new-construction homes around town have run 6,500 to 7,500 square feet on smaller lots, several priced well into the $3 million to $5 million range. A sale at 645 Summit Street reportedly closed at $5.4 million in March 2026, described as the highest residential sale on record for the borough, ahead of a prior record near $4.77 million.

This is the tier that Movoto's $3.59 million median list price is describing, and it is a small enough slice of total transactions that it does not show up meaningfully in a town-wide average. Sitting underneath it, unrelated to it, is a resale layer of 1960s and 1970s brick colonials and split-levels that have not been rebuilt. That resale layer is what drags the broader averages down and stretches days-on-market out, because it is competing against a shrinking pool of comparable, un-renovated inventory rather than against the new construction next door.

How To Price-Test An Englewood Cliffs Address Before You Comp It

Before you anchor on any single number, run a specific address through this checklist:

  • Is the parcel inside or adjacent to the Sylvan Avenue overlay zones, where new multifamily supply is being added under the Fourth Round plan?
  • Is the structure original 1960s or 1970s construction, or has it already been rebuilt?
  • Is the street one where teardown activity has already established a new price ceiling, the way Roberts Road and Summit Street have?
  • Is the number you are quoting a sale price, a list price, or an index value, and over what window?

A resale colonial two blocks from a new rental building is not competing with that rental building for buyers. It is competing with the last comparable resale colonial that traded, and that pool has been shrinking as more of the borough's older stock gets replaced.

What This Means Going Forward

The affordable housing pipeline on Sylvan Avenue adds rental supply, not competing for-sale inventory, so it is unlikely to directly pull down single-family resale values nearby in the way a for-sale condo conversion might. What it does change is the character of that corridor, with more density, more foot traffic near the retail component of the CFI site, and more year-round residents in a part of town that previously ran mostly commercial and corporate. Buyers evaluating a home near that corridor should factor in what a built-out, occupied Sylvan Avenue looks like a few years from now, not what it looked like when the site was still an office campus.

FAQ

Why do Zillow and other portals show such different trends for Englewood Cliffs? Each tool weights a different mix of listing data, sold data, and index modeling, and none of them separate the borough's new-construction tier from its resale tier. When a small number of very high-priced new builds trade in a given month, they can swing an average sharply without changing what a typical resale buyer will pay.

Will the new affordable housing on Sylvan Avenue affect nearby home values? The current pipeline, including The Sylvan and the CFI site, is rental product rather than for-sale single-family housing, so it is not a direct sales comp for single-family resale streets. The more relevant question for a buyer is how added density and traffic along that corridor changes day-to-day life nearby, which is a lifestyle factor as much as a price factor.

Is a resale colonial in Englewood Cliffs a teardown candidate? That depends on lot size, setback requirements, and where the street sits relative to the borough's active rebuild streets. A pricing conversation with someone who tracks these blocks closely is worth more than a portal estimate here, because the rebuild economics vary block by block.

If you are trying to figure out which Englewood Cliffs number actually applies to the house you are looking at, that is exactly the kind of question worth a real conversation instead of another portal search. Chris Crawford Homes works this market address by address. Request your free market consultation and we will walk through the specific street, the specific lot, and the specific comps that matter for your situation.

Work With Chris

I work with sincerity and have built my company's foundation on the strong values of integrity, efficiency, client advocacy, and results. I have many years of experience with project management before diving into the real estate industry, and I go the extra mile to deliver customer satisfaction. Begin your journey into real estate with me today.