Housing Prices in 07642, NJ
How much do homes in 07642, NJ cost?
Median List Price
$650,000
$368/sqft
Based on all homes listed in the last 12 months.
Difference Since April 2023
Key Takeaway
The list price of homes in 07642 has increased by 26.8% since last year.
Summary: The median home list price in 07642 was $650,000 in April 2024, up 26.8% from the previous year, and the median price per square foot was $368.
Median List Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | - | $387K | N/A |
| 3 Bedrooms | $499K | $575K | +15.2% |
| 4 Bedrooms | $565K | $699.9K | +23.9% |
| 5+ Bedrooms | - | $882.4K | N/A |
Summary: 07642 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 increased by 15.2%, 4 bedroom homes increased by 23.9%, and 5+ bedroom homes did not change.
Median List Price Compared To Nearby Zip Codes
| 07677 | $862K | $1.1M | +34.5% |
| 07642 | $512.4K | $650K | +26.8% |
| 07675 | $599.9K | $754.9K | +25.8% |
| 07676 | $622.4K | $627K | +0.7% |
| 07656 | $759.9K | $699K | -8.0% |
Housing Supply in 07642, NJ
How many homes are available in 07642, NJ?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 4 | 9 | +125.0% |
Summary: The 07642 real estate market had 9 homes for sale in April 2024, a 125.0% 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 | 2 | +100.0% |
| 3 Bedrooms | 2 | 3 | +50.0% |
| 4 Bedrooms | 0 | 3 | +100.0% |
| 5+ Bedrooms | 2 | 1 | -50.0% |
Summary: The 07642 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 increased by 100%, 3 bedroom homes increased by 50%, 4 bedroom homes increased by 100%, and 5+ bedroom homes decreased by 50%.
Days on Market for 07642, NJ
How long does it take to sell a home in 07642, NJ?
Average Listing Age
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 206 Days | 48 Days | -76.5% |
Summary: Homes in 07642 had an average listing age of 48 days in Apr 2024, down by 76.5% compared to the previous year.
