Why Live in Merchantville
Merchantville is a suburban neighborhood known for its quiet, tree-lined streets and picturesque Victorian architecture. Located about 7 miles east of Center City, it offers a strong sense of community with historical homes and modern eateries, including James Beard-nominated restaurants. The borough is primarily residential, featuring Cape Cods, colonials, and Victorian single-family homes, with zoning that limits multi-family housing. The downtown area, centered around Maple Avenue, includes popular spots like Blue Monkey Tavern, Park Place Cafe, and Eclipse Brewing. While there are no grocery or department stores within Merchantville, major shopping options are just 2 miles away in Cherry Hill.
Merchantville Elementary School and Pennsauken High School serve public school students, while private education options include the highly-rated St. Peter School and Camden Catholic High School. The neighborhood is safer than the national average, contributing to its appeal for families. Wellwood Park and the Merchantville Community Center host various community events, including the annual Memorial Day Remembrance Ceremony and the borough’s 150th-anniversary celebrations. The Merchantville Mile, a converted railbed trail, provides a scenic route for walking and exercise.
Merchantville transforms into Monsterville in October, featuring home decoration contests and other Halloween-themed events. The community's churches, such as St. Peter’s Roman Catholic Church and Grace Episcopal, play a significant role in local and broader charitable efforts. Commuters have easy access to U.S. Route 130 and NJ Transit bus stops throughout the borough, facilitating travel to downtown Philadelphia.
Home Trends in Merchantville, NJ
On average, homes in Merchantville, NJ sell after 37 days on the market compared to the national average of 50 days. The median sale price for homes in Merchantville, NJ over the last 12 months is $362,500, up 18% from the median home sale price over the previous 12 months.
Median Sale Price
$362,500
Median Single Family Sale Price
$367,000
Median Townhouse Sale Price
$411,000
Median 2 Bedroom Sale Price
$150,000
Median 1 Bedroom Sale Price
$125,700
Average Price Per Sq Ft
$215
Number of Homes for Sale
4
Last 12 months Home Sales
24
Median List Price
$366,000
Median Change From 1st List Price
0%
Median Home Sale Price YoY Change
18%