Is 07446, NJ a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
At the same time last year, 07446 was a Seller's Market.
Housing Prices in 07446, NJ
How much do homes in 07446, NJ cost?
Median Sold Price
$670,000
-
Based on all homes sold in the last 12 months.
Difference Since April 2023
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $254.5K | $230K | -9.6% |
2 Bedrooms | $465K | $561K | +20.7% |
3 Bedrooms | $612.5K | $670K | +9.4% |
4 Bedrooms | $750K | $728K | -2.9% |
5+ Bedrooms | $1.1M | $825K | -29.5% |
Summary: 07446 housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 9.6%, 2 bedroom homes increased by 20.7%, 3 bedroom homes increased by 9.4%, 4 bedroom homes decreased by 2.9%, and 5+ bedroom homes decreased by 29.5%.
Median Sold Price Compared To Nearby Zip Codes
07430 | $540K | $665K | +23.1% |
07401 | $920K | $1.0M | +12.2% |
07446 | $615K | $670K | +8.9% |
Housing Supply in 07446, NJ
How many homes are available in 07446, NJ?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
14 | 21 | +50.0% |
Summary: The 07446 real estate market had 21 homes for sale in April 2024, a 50.0% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 1 | +100.0% |
2 Bedrooms | 3 | 5 | +66.7% |
3 Bedrooms | 5 | 4 | -20.0% |
4 Bedrooms | 3 | 4 | +33.3% |
5+ Bedrooms | 3 | 7 | +133.3% |
Summary: The 07446 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 decreased by 20%, 4 bedroom homes increased by 33.3%, and 5+ bedroom homes increased by 133.3%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
3 | 2 | -33.3% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 2 homes were sold or pending in 07446 in April 2024, down by 33.3% month-over-month. Of the 2 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for 07446, NJ
We’re sorry, we don't have information for this market at the moment