Housing Prices in 07514, NJ
How much do homes in 07514, NJ cost?
Median List Price
$394,000
$126/sqft
Based on all homes listed in the last 12 months.
Difference Since April 2023
Key Takeaway
The list price of homes in 07514 has increased by 13.4% since last year.
Summary: The median home list price in 07514 was $394,000 in April 2024, up 13.4% from the previous year, and the median price per square foot was $126.
Median List Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $149.9K | $150.4K | 0.4% |
| 2 Bedrooms | $198.9K | $213.5K | +7.3% |
| 3 Bedrooms | $369K | $359.9K | -2.5% |
| 4 Bedrooms | $409.9K | $449.9K | +9.8% |
| 5+ Bedrooms | $399.4K | $520K | +30.2% |
Summary: 07514 housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 0.4%, 2 bedroom homes increased by 7.3%, 3 bedroom homes decreased by 2.5%, 4 bedroom homes increased by 9.8%, and 5+ bedroom homes increased by 30.2%.
Housing Supply in 07514, NJ
How many homes are available in 07514, NJ?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 18 | 18 | 0.0% |
Summary: The 07514 real estate market had 18 homes for sale in April 2024, the same as March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 2 | 1 | -50.0% |
| 2 Bedrooms | 1 | 1 | 0.0% |
| 3 Bedrooms | 4 | 2 | -50.0% |
| 4 Bedrooms | 2 | 2 | 0.0% |
| 5+ Bedrooms | 9 | 12 | +33.3% |
Summary: The 07514 housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 50%, 2 bedroom homes remained the same, 3 bedroom homes decreased by 50%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 33.3%.
Days on Market for 07514, NJ
How long does it take to sell a home in 07514, NJ?
Average Listing Age
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 166 Days | 129 Days | -22.6% |
Summary: Homes in 07514 had an average listing age of 129 days in Apr 2024, down by 22.6% compared to the previous year.
