April 2024

07068 Housing Market Report Roseland, Essex County, New Jersey

Report Updated 6 Days Ago

Is 07068, NJ a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Buyer's
Market

Difference Since April 2023

Since last year, 07068 has remained a Buyer's Market.

Key Takeaway

07068 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in 07068, NJ

How much do homes in 07068, NJ cost?

Median Sold Price

$715,000

Based on all homes sold in the last 12 months.

Difference Since April 2023

+$88,000(+14.0%)

Key Takeaway

Homes in 07068 have sold for 14% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDS# BEDROOMS	Apr 2023	Apr 2024	CHANGE
1 Bedroom	-	-	N/A
2 Bedrooms	$496.2K	$525K	+5.8%
3 Bedrooms	$615K	$710K	+15.4%
4 Bedrooms	$687.5K	$800K	+16.4%
5+ Bedrooms	$810K	$1.1M	+40.1%

Summary: 07068 housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 5.8%, 3 bedroom homes increased by 15.4%, 4 bedroom homes increased by 16.4%, and 5+ bedroom homes increased by 40.1%.

Median Sold Price Compared To Nearby Zip Codes

ZIP	Apr 2023	Apr 2024	CHANGE
07021	$878.5K	$1.4M	+59.4%
07039	$809.6K	$978.3K	+20.8%
07068	$627K	$715K	+14.0%
07936	$626K	$675K	+7.8%
07006	$650K	$650K	0.0%

Housing Supply in 07068, NJ

How many homes are available in 07068, NJ?

Number of Homes For Sale

Mar 2024	Apr 2024	CHANGE
19	28	+47.4%

Summary: The 07068 real estate market had 28 homes for sale in April 2024, a 47.4% increase compared to March 2024.

Homes For Sale By Bedroom Count

# BEDS# BEDROOMS	Mar 2024	Apr 2024	CHANGE
1 Bedroom	0	0	0.0%
2 Bedrooms	0	2	+100.0%
3 Bedrooms	8	13	+62.5%
4 Bedrooms	8	10	+25.0%
5+ Bedrooms	3	3	0.0%

Summary: The 07068 housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 100%, 3 bedroom homes increased by 62.5%, 4 bedroom homes increased by 25%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Mar 2024	Apr 2024	CHANGE
1	2	+100.0%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Key Takeaway

If you're buying a home in 07068, you could pay more than the asking price. 100% of homes here sold above asking price last month.

Summary: A total of 2 homes were sold or pending in 07068 in April 2024, up by 100.0% month-over-month. Of the 2 sold homes, 0% were sold under asking, 0% were sold at asking, and 100% were sold over asking.

Days on Market for 07068, NJ

We’re sorry, we don't have information for this market at the moment

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

Report Updated 6 Days Ago

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Newest Listings in 07068, NJ

What homes are available in 07068, NJ?

See More Listings

4 bedrooms, 2 full baths, 1 partial house for sale

$798,000

$9,476 Closing Credit

2 Full, 1 Partial

4 Rutgers Ct, Roseland NJ, 07068

Richard Leonard

Listing Office:

Arcadia Realtors

3 bedrooms, 1 full bath, 1 partial house for sale

$659,900

$7,836 Closing Credit

1 Full, 1 Partial

6 Passaic Ave, Roseland Boro NJ, 07068

Listing Office:

EXP REALTY, LLC

Virtual Tour

$829,000

$9,844 Closing Credit

85 Eagle Rock Ave, Roseland NJ, 07068

Basil Skaltsis

Listing Office:

Corporate Realty Inc.

$804,000

$9,548 Closing Credit

11 Glen Ave, Roseland NJ, 07068

William Keys

Listing Office:

Opendoor Brokerage LLC

$764,900

$9,083 Closing Credit

157 Passaic Ave, Roseland Boro NJ, 07068

Listing Office:

QUEENS REALTY

$899,000

$10,000 Closing Credit

46 Cortland St, Roseland NJ, 07068

Matthew Lane

Listing Office:

Compass New Jersey, LLC-Montclair

$525,000

$6,234 Closing Credit

1,846 SqFt

154 Eagle Rock Ave, Roseland Boro NJ, 07068

Listing Office:

YOUR TOWN REALTY

$50,000

Land

8.48 Acres

4401BLOCK01LOT Prep, Richland NJ, 08350

Nancy Michelle Hund

Listing Office:

BHHS Fox & Roach-Vineland

Nearby Markets to 07068, NJ

MLS Disclaimers and Copyright

Based on information from New Jersey MLS, Garden State MLS, and BrightMLS for the period 05/01/2022 - 05/01/2024

IDX Disclaimer: The data relating to the real estate for sale on this web site comes in part from the Internet Data Exchange Program of the NJMLS. Real estate listings held by brokerage firms other than Rocket Homes Real Estate, LLC are marked with the Internet Data Exchange logo and information about them includes the name of the listing brokers. Some properties listed with the participating brokers do not appear on this website at the request of the seller. Listings of brokers that do not participate in Internet Data Exchange do not appear on this website.

All information deemed reliable but not guaranteed. Source: New Jersey Multiple Listing Service, Inc. Copyright© 2024 New Jersey Multiple Listing Service, Inc. All rights reserved.

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Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 5/7/2024, 2:20:34 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Information deemed reliable but not guaranteed. Copyright © 2024 Garden State Multiple Listing Service, L.L.C. All rights reserved.

Disclaimer: The data relating to real estate for sale on this website comes in part from the IDX Program of Garden State Multiple Listing Service, L.L.C. Real estate listings held by other brokerage firms are marked as an IDX Listing. Information deemed reliable but not guaranteed.

Notice: The dissemination of listings displayed herein does not constitute the consent required by N.J.A.C. 11:5.6.1 (n) for the advertisement of listings exclusively for sale by another broker. Any such consent must be obtained in writing from the listing broker.

The information on this web site is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. We are not responsible or liable for misinformation, misprints, or typographical errors. All information provided is deemed reliable but is not guaranteed and should be independently verified through personal inspection by and/or with the appropriate professionals. Properties subject to prior sale, change, withdrawal or rental.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 5/7/2024, 1:55:30 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

IDX Information Deemed Reliable But Not Guaranteed. The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which participates, and is provided by BRIGHT through a licensing agreement.

The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on this website may no longer be available because they are under contract, have sold or are no longer being offered for sale. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. This home sale information is not to be construed as an appraisal and may not be used as such for any purpose.

BRIGHT MLS is the (or a) provider of this home sale information and has compiled content from various sources. Some properties represented may not have actually sold due to reporting errors. ©2024 BrightMLS. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 5/7/2024, 2:20:34 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.