Explore Merchantville
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Why Live in Merchantville
Merchantville, NJ, is a small-town community known for its quiet, tree-lined streets and picturesque Victorian architecture. Located about 7 miles east of Center City Philadelphia, this South Jersey suburb is predominantly residential with a small downtown area. The borough is characterized by its historical homes, including Victorian Cape Cods and colonial houses, which range in size from 1,000 to 2,500 square feet. Merchantville's downtown area, centered around Centre Street and Park Avenue, features a variety of dining options such as the Blue Monkey Tavern, Park Place Cafe and Restaurant, and Omega’s soul food eatery. Residents can also enjoy coffee at The Station or a pint at Eclipse Brewing. While there are no grocery or department stores within Merchantville, major shopping options are just 2 miles away in Cherry Hill. The community is served by highly rated schools, including St. Peter School and Camden Catholic High School. Wellwood Park, located on the west side of the borough, hosts various community events, including the annual Memorial Day Remembrance Ceremony and the borough's 150th anniversary celebrations. Merchantville also transforms into the Borough of Monsterville each October, featuring home decoration contests and other Halloween-themed events. The Merchantville Community Center, housed in a converted Victorian home, offers athletic fields and courts, while the Merchantville Mile trail provides a scenic path for walking and exercise. Commuters can easily access U.S. Route 130 or use the NJ Transit bus service for transportation.
Home Prices in Merchantville, NJ
The median home sale price in Merchantville, NJ is $372,450, up 5% year-over-year. Homes in Merchantville sell in 24 days on average, compared to the national average of 58 days.
Home Price Trends
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Median Sale Price
$372,450
|
Median Single Family Sale Price
$405,000
|
|
Median Townhouse Sale Price
$355,500
|
Median 2 Bedroom Sale Price
$227,500
|
|
Median 1 Bedroom Sale Price
$127,000
|
Average Price Per Sq Ft
$204
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|
Number of Homes for Sale
9
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Last 12 months Home Sales
44
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Months of Supply
2.50
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Median List Price
$369,900
|
|
Median Change From 1st List Price
0%
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Median Home Sale Price YoY Change
5%
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Merchantville Types of Homes for Sale
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