Is 07444, NJ a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
Since last year, 07444 has remained a Seller's Market.
Housing Prices in 07444, NJ
How much do homes in 07444, NJ cost?
Median Sold Price
$550,000
$358/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in 07444 was $550,000 in March 2024, up 7.2% from last year, and the median price per square foot was $358.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $300K | $302K | +0.7% |
2 Bedrooms | $362K | $380K | +5.0% |
3 Bedrooms | $565K | $550K | -2.7% |
4 Bedrooms | $630K | $640K | +1.6% |
5+ Bedrooms | $975K | $1.2M | +25.6% |
Summary: 07444 housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 0.7%, 2 bedroom homes increased by 5%, 3 bedroom homes decreased by 2.7%, 4 bedroom homes increased by 1.6%, and 5+ bedroom homes increased by 25.6%.
Housing Supply in 07444, NJ
How many homes are available in 07444, NJ?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
25 | 32 | +28.0% |
Summary: The 07444 real estate market had 32 homes for sale in March 2024, a 28.0% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 2 | 4 | +100.0% |
2 Bedrooms | 2 | 6 | +200.0% |
3 Bedrooms | 8 | 10 | +25.0% |
4 Bedrooms | 12 | 11 | -8.3% |
5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The 07444 housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes increased by 200%, 3 bedroom homes increased by 25%, 4 bedroom homes decreased by 8.3%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
5 | 9 | +80.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
8 Homes Were Sold
Over Asking
Summary: A total of 9 homes were sold or pending in 07444 in March 2024, up by 80.0% month-over-month. Of the 9 sold homes, 11% were sold under asking, 0% were sold at asking, and 89% were sold over asking.
Days on Market for 07444, NJ
We’re sorry, we don't have information for this market at the moment