Magnolia, NJ Real Estate and Homes for Sale
How much do homes cost in Magnolia, NJ?
Over the past 12 months, 56 homes sold in Magnolia at a median price of $321,000, and most sold between $254,000 and $370,000. The typical home went under contract in 18 days (Bright MLS, October 2025 through September 2026).
Schools
Public school students in Magnolia attend the Magnolia School District (pre-K through grade 8), then the Sterling Regional High School District (grades 9 to 12).
Test scores, enrollment, class sizes and programs for each district are in the state’s School Performance Reports (NJ Department of Education, 2023-24):
- Magnolia School District performance report
- Sterling Regional High School District performance report
Property taxes
In 2025, the average residential property tax bill in Magnolia was $7,418, below the Camden County average of $7,766.
Magnolia assesses homes at about 60% of market value, so its 4.967% tax rate works out to an effective rate of 2.961% of what a home is worth. At that rate, a home selling at the local median price of $321,000 would pay roughly $9,500 a year, about $792 a month. The actual bill depends on the home’s assessed value.
| Municipality | Average tax bill | Tax rate | Assessed at | Effective rate |
|---|---|---|---|---|
| Magnolia | $7,418 | 4.967% | 60% | 2.961% |
| Lawnside | $6,791 | 4.876% | 64% | 3.103% |
| Somerdale | $6,902 | 4.798% | 60% | 2.873% |
| Barrington | $9,728 | 4.999% | 60% | 3.006% |
| Camden County average | $7,766 |
2025 figures. “Assessed at” is the share of market value used for assessments (effective rate divided by tax rate). Source: NJ Division of Taxation, 2025 Average Residential Statistics and 2025 General and Effective Tax Rates.
The real estate market right now
12-month snapshot (Bright MLS, Magnolia Boro, closed sales October 2025 through September 2026):
- Median sale price: $321,000 (56 closed sales)
- Year over year: up about 3.5% from a $310,000 median the prior 12 months
- Typical range: most homes sold between $254,000 and $370,000
- Median price per square foot: $243
- Median days on market: 18 days
- Sale-to-list ratio: 101.2%
- Sold over asking: 52% of sales
For county-level trends, see our Camden County real estate market report, updated monthly.
Magnolia, NJ Homes For Sale Right Now
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