Housing Prices in 07002, NJ

How much do homes in 07002, NJ cost?

Median List Price

$675,000

$342/sqft

Based on all homes listed in March 2024.

Difference Since Last Month

+$110,000(+19.5%)

Key Takeaway

The list price of homes in 07002 has increased by 19.5% since February.

Summary: The median home list price in 07002 was $675,000 in March 2024, up 19.5% from the previous month, and the median price per square foot was $342.

Median List Price By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 --
N/A
2 $399K-
N/A
3 $469K$469K
0.0%
4 $675K$675K
0.0%
5+ $637.5K$699K
+9.6%

Summary: 07002 housing prices by bedroom type for March 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes did not change, 4 bedroom homes did not change, and 5+ bedroom homes increased by 9.6%.

Housing Supply in 07002, NJ

How many homes are available in 07002, NJ?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
711+57.1%

Summary: The 07002 real estate market had 11 homes for sale in March 2024, a 57.1% increase compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 00
0.0%
2 10
-100.0%
3 33
0.0%
4 11
0.0%
5+ 27
+250.0%

Summary: The 07002 housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 100%, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 250%.

Days on Market for 07002, NJ

How long does it take to sell a home in 07002, NJ?

Average Listing Age

Feb 2024Mar 2024CHANGE
91 Days69 Days-23.7%

Summary: Homes in 07002 had an average listing age of 69 days in Mar 2024, down by 23.7% compared to the previous month.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 18 Days Ago

Newest Listings in 07002, NJ

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