Is 07450, 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, 07450 was a Seller's Market.
Housing Prices in 07450, NJ
How much do homes in 07450, NJ cost?
Median Sold Price
$951,000
$292/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in 07450 was $951,000 in April 2024, up 8.1% from last year, and the median price per square foot was $292.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $165K | - | N/A |
2 Bedrooms | $501K | - | N/A |
3 Bedrooms | $740K | $733.5K | -0.9% |
4 Bedrooms | $878K | $1.1M | +28.7% |
5+ Bedrooms | $1.2M | $1.2M | -5.5% |
Summary: 07450 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 did not change, 3 bedroom homes decreased by 0.9%, 4 bedroom homes increased by 28.7%, and 5+ bedroom homes decreased by 5.5%.
Median Sold Price Compared To Nearby Zip Codes
07423 | $999.9K | $1.2M | +27.8% |
07463 | $555K | $624.5K | +12.5% |
07450 | $880K | $951K | +8.1% |
Housing Supply in 07450, NJ
How many homes are available in 07450, NJ?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
20 | 36 | +80.0% |
Summary: The 07450 real estate market had 36 homes for sale in April 2024, a 80.0% 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 | 0 | 0.0% |
3 Bedrooms | 4 | 7 | +75.0% |
4 Bedrooms | 5 | 12 | +140.0% |
5+ Bedrooms | 11 | 17 | +54.5% |
Summary: The 07450 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 remained the same, 3 bedroom homes increased by 75%, 4 bedroom homes increased by 140%, and 5+ bedroom homes increased by 54.5%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
1 | 4 | +300.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Summary: A total of 4 homes were sold or pending in 07450 in April 2024, up by 300.0% month-over-month. Of the 4 sold homes, 25% were sold under asking, 0% were sold at asking, and 75% were sold over asking.
Days on Market for 07450, NJ
We’re sorry, we don't have information for this market at the moment