Housing Prices in 08242, NJ
How much do homes in 08242, NJ cost?
Median List Price
$499,999
$241/sqft
Based on all homes listed in the last 12 months.
Difference Since April 2023
Key Takeaway
The list price of homes in 08242 has increased by 58.7% since last year.
Summary: The median home list price in 08242 was $499,999 in April 2024, up 58.7% from the previous year, and the median price per square foot was $241.
Median List Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | - | $219.5K | N/A |
| 3 Bedrooms | $315K | $499.9K | +58.7% |
| 4 Bedrooms | $544K | $799K | +46.9% |
| 5+ Bedrooms | - | - | N/A |
Summary: 08242 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 58.7%, 4 bedroom homes increased by 46.9%, and 5+ bedroom homes did not change.
Median List Price Compared To Nearby Zip Codes
| 08242 | $315K | $499.9K | +58.7% |
| 08204 | $539K | $635K | +17.8% |
| 08210 | $427.4K | $461.6K | +8.0% |
| 08251 | $329.9K | $350K | +6.1% |
| 08260 | $487K | $499.9K | +2.7% |
Housing Supply in 08242, NJ
How many homes are available in 08242, NJ?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 5 | 2 | -60.0% |
Summary: The 08242 real estate market had 2 homes for sale in April 2024, a 60.0% decrease 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 | 1 | 0 | -100.0% |
| 3 Bedrooms | 4 | 2 | -50.0% |
| 4 Bedrooms | 0 | 0 | 0.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The 08242 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 decreased by 100%, 3 bedroom homes decreased by 50%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Days on Market for 08242, NJ
How long does it take to sell a home in 08242, NJ?
Average Listing Age
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 423 Days | 133 Days | -68.6% |
Summary: Homes in 08242 had an average listing age of 133 days in Apr 2024, down by 68.6% compared to the previous year.
