Real estate agency in Neve Israel

Neve Israel, an established neighborhood in renewal in south central Herzliya

Low houses, apartment blocks from the 1960s to the 1990s and cottages on Be’eri Street, alongside new buildings on Bar Kochva and Har Meron, between the city center and Glil Yam

₪3.35 millionMedian apartment price, 2023 to 2026
68Recorded deals since February 2023
43%Of deals in buildings from 2020 onward

Neve Israel is an established residential neighborhood in south central Herzliya. According to the GovMap neighborhood layer, it is bounded by the line of HaTavor and HaKesem Streets to the north, Ben Gurion Street to the east, Rav Aluf Moshe Levi and Mivtza Kadesh Streets to the south, and Glil Yam to the west. According to Merkaz HaNadlan, the neighborhood was originally called Glil Yam, after the nearby kibbutz.

RS Nadlan is a real estate marketing and brokerage company active in Tel Aviv, Ramat HaSharon, Herzliya, Raanana and Kfar Saba, specializing in neighborhoods of private homes and luxury properties. We accompany buyers and sellers in Neve Israel with complete discretion, including properties that are never publicly listed.

In brief

Neve Israel is an established neighborhood of low houses, blocks of small apartments and cottages, now undergoing renewal: 29 of the 68 deals since February 2023 were recorded in buildings constructed from 2020 onward. An apartment in the neighborhood sold for a median of about ₪3.35 million, or about ₪36,000 per m².

01 · Market data

What does an apartment in Neve Israel cost?

Based on 68 recorded deals from February 2023 to August 2026, an apartment in Neve Israel sold for a median of about ₪3.35 million, or about ₪36,000 per m², some 6% below the median for Herzliya as a whole. The neighborhood also recorded 5 cottage sales, from ₪5.03 million to ₪7 million.

₪2.9 million3 room apartment15 deals
₪3.29 million4 room apartment20 deals
₪4.45 million5 room apartment19 deals
₪36,000per m² in apartments0.94 times the city

Medians, February 2023 to August 2026, after removing duplicates and deals under ₪800,000, which are most likely sales of partial ownership shares. Prices by room count and per m² refer to apartments in multi unit buildings. Price per m² is based on built area. The figures follow the neighborhood boundaries on GovMap. Room counts include the living room.

According to an RS Nadlan analysis of 68 recorded deals in Neve Israel, from February 2023 to August 2026, the median apartment price is about ₪3.35 million, or about ₪36,000 per m². 29 of the deals, about 43%, were recorded in buildings constructed from 2020 onward, a sign of renewal already felt in the neighborhood.

Price per m² in apartments, against the city and neighboring areas

Median, recorded deals 2023 to 2026
Glil Yam₪45,500
All of Herzliya₪38,400
Neve Israel₪36,000
Herzliya HaTzeira₪35,000

Number of deals per year

2026 is partial, and reports arrive with a delay
20239
202418
202530
To August 202611

Streets with the most deals

Number of recorded deals, 2023 to 2026
Bar Kochva26
Har Meron11
David Elroi4
Hovevei Tzion4
Be’eri4
Shirat Ge’ulim3
Saadia Gaon3
HaTzanhanim2

Recorded deals reported to the Israel Tax Authority, after removing duplicates. The figures follow the neighborhood boundaries on GovMap: 27 deals labeled Neve Israel but located north of the HaKesem and HaTavor line are counted on the Herzliya Center page. 7 deals were recorded without an address. Updated October 2026.

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02 · Recorded deals

Selected deals in Neve Israel

DateStreetProperty typeRoomsPrice₪ per m²
8.2026Shirat Ge’ulimApartment, second floor4₪2.62 million₪26,465
5.2026Har MeronApartment in a new building, second floor3₪2.9 million₪37,179
4.2026Bar KochvaApartment in a new building, first floor3₪2.95 million₪37,821
4.2026David ElroiApartment, 13th floor4₪3.1 million₪31,000
3.2026Hovevei TzionApartment in a new building, third floor4₪3.7 million₪34,906
3.2026Shivtei IsraelApartment on three levels5₪3.4 million₪27,642
12.2025Bar KochvaApartment in a new building, sixth floor5₪4.15 million₪40,291
11.2025Be’eriSemi detached cottage7₪5.675 million₪34,604
7.2025Bar KochvaApartment in a new building, tenth floor5₪4.9 million₪42,241
1.2025Be’eriDetached cottage6₪6.1 million₪31,639

Neve Israel recorded 30 deals in 2025, the most active year in the period. Bar Kochva Street alone accounted for 26 deals, many of them in new buildings constructed from 2021 to 2024.

A selection of recorded deals, newest to oldest. Price per m² is based on built area. Asking prices are not included. Room counts follow the Israeli convention, which includes the living room.

What is your property in Neve Israel worth?

A valuation grounded in recorded deals on the same street and in the same type of building, and in the characteristics of your property, at no cost. And for those searching, discreet updates on properties that never reach the listings.

03 · Areas of the neighborhood

The areas of Neve Israel, and exactly where

Neve Israel lies in south central Herzliya, between the city center to the north, Herzliya HaTzeira to the east and Glil Yam to the west. It has three parts, each with its own character.

The renewal hub

Bar Kochva, Har Meron and HaTzanhanim

Home to the Aura Pinui Binui compound and the Israel Land Authority tender plot between HaGilboa and Bar Kochva Streets. At 31, 33, 39 and 41 Bar Kochva and 2 Har Meron, apartments were sold in buildings constructed from 2021 to 2025.

Houses on their own land

Be’eri and Homa uMigdal

Detached and semi detached cottages from the 1980s. 5 deals since 2023, from ₪5.03 million to ₪7 million.

The older blocks

Shirat Ge’ulim, Saadia Gaon and Shivtei Israel

Buildings from the 1960s to the 1990s, with apartments of 3 to 5 rooms.

Real estate agency in Neve Israel: an aerial view over the neighborhood, between the city center and Glil Yam (illustration)Open in map
04 · Neighborhood character

The character of Neve Israel

Neve Israel is an established residential neighborhood, with low houses and blocks of small apartments, alongside cottages on Be’eri Street. According to Merkaz HaNadlan, it was originally called Glil Yam, after the nearby kibbutz, and in 2023 the ICE website described it as a neighborhood attracting many urban renewal developers, close to Herzliya Park and the main traffic routes.

According to HaMichlol, a large Pinui Binui project, Israel’s demolish and rebuild scheme, advanced in the neighborhood in 2023, and Merkaz HaNadlan listed it that year among the city’s renewal hubs, with an expected addition of about 1,300 apartments. At 1 to 3 Har Meron Street, reinforcement and additional storeys were planned for two buildings of 7 storeys, with 57 apartments, 25 of them new.

An older three storey apartment block in Neve Israel, with balconies and trees in front (illustration)
Neve Israel

Streets of low houses and new buildings, between the city center and Glil Yam

05 · Living here

Living in Neve Israel

Neve Israel is close to Herzliya Park and the main traffic routes, and the city’s commercial center, around Sokolov and Ben Gurion Streets, lies to its north.

Be’eri Street in Neve Israel, with cottages and gardens along the sidewalk (illustration)A path in Herzliya Park among lawns and trees, not far from Neve Israel (illustration)

Gardens

Green spaces around the Ben Zvi school and between HaRav Uziel and Shirat Ge’ulim Streets.

Herzliya Park

The neighborhood is close to Herzliya Park, with its lake, lawns and running and cycling paths.

Shopping

The city’s commercial center, around Sokolov and Ben Gurion Streets, north of the neighborhood.

In the Aura plan

Once carried out, the plan on Bar Kochva includes about 7 dunams of open space, shops and public buildings.

06 · Education

Schools and education in Neve Israel

School placement in Herzliya follows the municipality’s registration zones and the home address, so it is worth confirming with the Education Department of Herzliya Municipality before buying.

Elementary school

Ben Zvi

The Yitzhak Ben Zvi elementary school is located within the neighborhood.

At the edge of the neighborhood

Ulpanei Herzliya

North of the HaKesem line, within the Herzliya Center neighborhood according to GovMap.

Before buying

Registration zone

Placement is set by address. It is advisable to check with the Education Department, especially for middle school and high school.

07 · Transport and access

Transport and access

Neve Israel is close to the Ayalon Highway, Route 2 and Route 482, and Ben Gurion Street runs along its eastern edge.

Roads

Ben Gurion Street to the east, Rav Aluf Moshe Levi and Mivtza Kadesh Streets to the south, and from there the Ayalon Highway, Route 2 and Route 482.

Israel Railways

Herzliya station is on Ben Zion Michaeli Street, on the coastal line.

Metro

A station named Herzliya Center is planned on the M1 line, near Sokolov and Ben Gurion Streets, north of the neighborhood, with no construction timetable yet.

Green Line

According to the timetable published in April 2026, the northern section of the light rail, which includes Herzliya, is scheduled for July 2030.

08 · In the vicinity

Neighborhoods nearby

09 · Why RS Nadlan

A real estate agency in Neve Israel that knows every street

An RS Nadlan advisor accompanying a couple in an apartment in Neve Israel (illustration)

In Neve Israel there is a clear line between apartments in older blocks and apartments in new renewal buildings, and the size of the apartment, the floor and the condition of the building weigh on the price more than any average. Even a single street, such as Bar Kochva, crosses two neighborhoods according to GovMap. So we price according to deals in the same building and on the same stretch of street, and review the plans advancing nearby.

RS Nadlan handles transactions in the neighborhoods of north Tel Aviv and the Sharon region, and knows the families looking for a home in Herzliya. When it is right for the seller, we present the property directly to suitable buyers.

For owners considering selling an apartment or cottage in Neve Israel, we offer exclusive representation with a discreet marketing plan, and for those searching we present properties for sale in Herzliya. We also operate as a real estate agency in Herzliya, across every neighborhood of the city.

10 · Frequently asked questions

Frequently asked questions about living and buying in Neve Israel

Where exactly is Neve Israel?

In south central Herzliya. According to the GovMap neighborhood layer, it is bounded by the HaTavor and HaKesem line to the north, Ben Gurion Street to the east, Rav Aluf Moshe Levi and Mivtza Kadesh Streets to the south, and Glil Yam to the west.

What is the character of the neighborhood?

An established neighborhood of low houses, blocks of small apartments and cottages on Be’eri Street, now undergoing renewal: 29 of the 68 deals since 2023, about 43%, were recorded in buildings constructed from 2020 onward.

What does an apartment in Neve Israel cost?

In recorded deals from February 2023 to August 2026, the median apartment sold for about ₪3.35 million, or about ₪36,000 per m², based on 62 apartment deals. A 4 room apartment sold for a median of about ₪3.29 million, and a 5 room apartment for about ₪4.45 million, with the living room counted as a room.

How do prices compare with the rest of Herzliya?

The median for Herzliya as a whole over the same period is about ₪38,400 per m² in apartments, and Neve Israel is some 6% below it.

What is happening with the Pinui Binui project on Bar Kochva?

The Aura plan to clear 132 apartments in 13 buildings and build 492 apartments, about 50 of them for rent, in 7 buildings of 10 to 15 storeys, was approved for deposit, with conditions, by the local committee. According to the April 2026 report, the developer expects final approval within about a year, with marketing and construction starting toward the end of 2027.

Will there be more new projects in the neighborhood?

The Israel Land Authority tender for a 2.5 dunam plot between HaGilboa and Bar Kochva Streets, reported in September 2026, was won by the Reality fund. The plot is designated for at least 66 apartments in three buildings, at least 30% of them for long term rent.

Which school is in the neighborhood?

The Ben Zvi elementary school. Placement follows Herzliya Municipality’s registration zones and should be confirmed with the Education Department.

How good is road access?

The neighborhood is close to the Ayalon Highway, Route 2 and Route 482, and Ben Gurion Street runs along its eastern edge.

Sources and updates: Recorded deals reported to the Israel Tax Authority, February 2023 to August 2026, analyzed by RS Nadlan; GovMap, neighborhood layer; HaMichlol, entry on Herzliya; the Merkaz HaNadlan website (2023, 2026) on the neighborhood, the Aura plan and the Israel Land Authority tender; Funder (2026) on the Aura plan; ICE (2023) on 1 to 3 Har Meron Street; Mako (2026) on the Green Line. Last updated: October 2026. These figures are not a property valuation.

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