Housing Prices in 07631, NJ
How much do homes in 07631, NJ cost?
Median List Price
$584,500
$332/sqft
Based on all homes listed in the last 12 months.
Difference Since April 2023
Key Takeaway
The list price of homes in 07631 has increased by 36.2% since last year.
Summary: The median home list price in 07631 was $584,500 in April 2024, up 36.2% from the previous year, and the median price per square foot was $332.
Median List Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $173.2K | $310K | +78.9% |
| 2 Bedrooms | $397K | $386.5K | -2.6% |
| 3 Bedrooms | $422.5K | $579K | +37.0% |
| 4 Bedrooms | $489K | $690K | +41.1% |
| 5+ Bedrooms | $426.6K | $2.5M | +486.0% |
Summary: 07631 housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 78.9%, 2 bedroom homes decreased by 2.6%, 3 bedroom homes increased by 37%, 4 bedroom homes increased by 41.1%, and 5+ bedroom homes increased by 486%.
Housing Supply in 07631, NJ
How many homes are available in 07631, NJ?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 23 | 40 | +73.9% |
Summary: The 07631 real estate market had 40 homes for sale in April 2024, a 73.9% increase compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 2 | +100.0% |
| 2 Bedrooms | 2 | 3 | +50.0% |
| 3 Bedrooms | 4 | 11 | +175.0% |
| 4 Bedrooms | 7 | 8 | +14.3% |
| 5+ Bedrooms | 9 | 16 | +77.8% |
Summary: The 07631 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 50%, 3 bedroom homes increased by 175%, 4 bedroom homes increased by 14.3%, and 5+ bedroom homes increased by 77.8%.
Days on Market for 07631, NJ
How long does it take to sell a home in 07631, NJ?
Average Listing Age
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 135 Days | 68 Days | -49.5% |
Summary: Homes in 07631 had an average listing age of 68 days in Apr 2024, down by 49.5% compared to the previous year.
