Union Township's Priciest Home Sales: What $1.1 Million Buys in the Suburbs

Two homes on Dewey Street in Union each sold for $1.1 million during the week of Aug. 3, topping the list of the most expensive residential real estate sales in the Union Township area. The sales highlight a local housing market where the average price now sits at $627,130, or about $356 per square foot.

Over the past week, 23 residential properties changed hands in the area, according to public records. The figures below reflect transactions where the title was recorded during the week of Aug. 3, even if the deal closed earlier.

What the top sales reveal about Union's housing market

The two highest-priced sales were neighboring homes on Dewey Street, both built in 1961. The home at 859 Dewey Street spans 3,512 square feet and sold for $1.1 million, or $313 per square foot. Just down the block, the property at 865 Dewey Street fetched the same price, with a slightly larger footprint of 3,568 square feet, bringing the cost per square foot to $308.

These sales underscore a broader trend: buyers are paying a premium for mid-century homes in established neighborhoods, often with the intent to renovate or expand. For young families and first-time buyers, the numbers can feel daunting, but the market also shows a range of entry points, with the week's lowest recorded sale coming in at $650,000.

The full list of top 10 sales in Union Township, Aug. 3-9

Here's a breakdown of the ten most expensive home sales recorded during the week, from the highest to the lowest price:

• 1. $1.1 million at 859 Dewey Street, Union. Built in 1961, 3,512 square feet, $313 per square foot. Deal finalized July 23.
• 2. $1.1 million at 865 Dewey Street, Union. Built in 1961, 3,568 square feet, $308 per square foot. Deal finalized July 23.
• 3. $800,000 at 2845 Allen Ave., Union. Built in 1964. Deal finalized July 20.
• 4. $750,000 at 890 Salem Road, Union. Built in 1949, 2,193 square feet, $342 per square foot. Deal finalized July 20.
• 5. $750,000 at 2031 Pleasant Parkway, Union. Built in 1955. Deal finalized July 24.
• 6. $720,000 at 884 Peach Tree Road, Union. Built in 1962. Deal finalized July 20.
• 7. $700,000 at 1175 Erhardt Street, Union. Built in 1953. Deal finalized July 22.
• 8. $690,000 at 727 Winchester Ave., Union. Built in 1956. Deal finalized July 28.
• 9. $650,000 at 618 Fairway Drive, Union. Built in 1956, 3 bedrooms, 3 bathrooms. Deal finalized July 23.
• 10. $650,000 at 206 Woodmont Road, Union. Built in 1940, 1,680 square feet, $387 per square foot. Deal finalized July 27.

What does this mean for renters and would-be buyers?

The concentration of sales above $650,000 raises familiar questions about affordability in Union Township. While the area remains more accessible than nearby urban centers, the steady climb in prices reflects broader pressures: limited inventory, aging housing stock, and demand from buyers priced out of New York City and Hoboken.

For civic-minded residents, the takeaway is clear. Housing policy, zoning rules, and development decisions shape who gets to call a community home. The week's sales data is more than a list of transactions. It's a snapshot of who can afford to live here, and who is being left out of the conversation.

As the township debates future development and affordable housing obligations, these numbers offer a useful baseline. The question isn't just what a home costs, but what kind of community we want to build for the next generation.

Frequently asked questions about Union Township home sales

What was the most expensive home sold in Union Township this week?

Two homes on Dewey Street in Union each sold for $1.1 million during the week of Aug. 3, making them the most expensive residential sales in the area.

What is the average home price in Union Township right now?

The average price for the 23 residential sales recorded during the week was $627,130, or about $356 per square foot.

Are home prices in Union Township rising?

Based on recent sales data, prices remain elevated, with most top sales exceeding $650,000. The market reflects broader regional trends of limited supply and strong demand.