Housing Prices in 07057, NJ

How much do homes in 07057, NJ cost?

Median List Price

$649,500

$286/sqft

Based on all homes listed in the last 12 months.

Difference Since March 2023

-$25,500(-3.8%)

Key Takeaway

The list price of homes in 07057 has decreased by 3.8% since last year.

Summary: The median home list price in 07057 was $649,500 in March 2024, down 3.8% from the previous year, and the median price per square foot was $286.

Median List Price By Bedroom Count

# BEDSMar 2023Mar 2024CHANGE
1 --
N/A
2 $374.9K$424.4K
+13.2%
3 $547.5K$579.5K
+5.8%
4 $760K$649.4K
-14.5%
5+ $584.9K$649.9K
+11.1%

Summary: 07057 housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 13.2%, 3 bedroom homes increased by 5.8%, 4 bedroom homes decreased by 14.5%, and 5+ bedroom homes increased by 11.1%.

Median List Price Compared To Nearby Zip Codes

07055
+35.2%
07026
+26.6%
07075
+19.9%
07072
+2.3%
07057
-3.8%

Housing Supply in 07057, NJ

How many homes are available in 07057, NJ?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
79+28.6%

Summary: The 07057 real estate market had 9 homes for sale in March 2024, a 28.6% increase compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 00
0.0%
2 10
-100.0%
3 12
+100.0%
4 23
+50.0%
5+ 34
+33.3%

Summary: The 07057 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 increased by 100%, 4 bedroom homes increased by 50%, and 5+ bedroom homes increased by 33.3%.

Days on Market for 07057, NJ

How long does it take to sell a home in 07057, NJ?

Average Listing Age

Mar 2023Mar 2024CHANGE
132 Days42 Days-67.6%

Summary: Homes in 07057 had an average listing age of 42 days in Mar 2024, down by 67.6% compared to the previous year.

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

Report Updated 27 Days Ago

Newest Listings in 07057, NJ

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