Housing Prices in 07305, NJ

How much do homes in 07305, NJ cost?

Median List Price

$535,000

$320/sqft

Based on all homes listed in the last 12 months.

Difference Since April 2023

+$110,050(+25.9%)

Key Takeaway

The list price of homes in 07305 has increased by 25.9% since last year.

Summary: The median home list price in 07305 was $535,000 in April 2024, up 25.9% from the previous year, and the median price per square foot was $320.

Median List Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 $280K$299.5K
+7.0%
2 $419.9K$398.9K
-5.0%
3 $529K$535K
+1.1%
4 $450K$517.4K
+15.0%
5+ $567.5K$725K
+27.8%

Summary: 07305 housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 7%, 2 bedroom homes decreased by 5%, 3 bedroom homes increased by 1.1%, 4 bedroom homes increased by 15%, and 5+ bedroom homes increased by 27.8%.

Median List Price Compared To Nearby Zip Codes

07032
+32.3%
07305
+25.9%

Housing Supply in 07305, NJ

How many homes are available in 07305, NJ?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
2945+55.2%

Summary: The 07305 real estate market had 45 homes for sale in April 2024, a 55.2% increase compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 02
+100.0%
2 35
+66.7%
3 611
+83.3%
4 55
0.0%
5+ 1522
+46.7%

Summary: The 07305 housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes increased by 66.7%, 3 bedroom homes increased by 83.3%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 46.7%.

Days on Market for 07305, NJ

How long does it take to sell a home in 07305, NJ?

Average Listing Age

Apr 2023Apr 2024CHANGE
99 Days62 Days-37.0%

Summary: Homes in 07305 had an average listing age of 62 days in Apr 2024, down by 37% compared to the previous year.

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

Report Updated 9 Days Ago

Newest Listings in 07305, NJ

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