Housing Prices in 07020, NJ
How much do homes in 07020, NJ cost?
Median List Price
$899,000
$371/sqft
Based on all homes listed in the last 12 months.
Difference Since April 2023
Key Takeaway
The list price of homes in 07020 has increased by 88.5% since last year.
Summary: The median home list price in 07020 was $899,000 in April 2024, up 88.5% from the previous year, and the median price per square foot was $371.
Median List Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $396.9K | $392K | -1.2% |
| 2 Bedrooms | $495K | $650K | +31.3% |
| 3 Bedrooms | $424.5K | $910K | +114.4% |
| 4 Bedrooms | $1.3M | $1.4M | +6.5% |
| 5+ Bedrooms | - | $2.7M | N/A |
Summary: 07020 housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 1.2%, 2 bedroom homes increased by 31.3%, 3 bedroom homes increased by 114.4%, 4 bedroom homes increased by 6.5%, and 5+ bedroom homes did not change.
Housing Supply in 07020, NJ
How many homes are available in 07020, NJ?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 27 | 48 | +77.8% |
Summary: The 07020 real estate market had 48 homes for sale in April 2024, a 77.8% increase compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 4 | 4 | 0.0% |
| 2 Bedrooms | 7 | 17 | +142.9% |
| 3 Bedrooms | 7 | 12 | +71.4% |
| 4 Bedrooms | 8 | 13 | +62.5% |
| 5+ Bedrooms | 1 | 2 | +100.0% |
Summary: The 07020 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 142.9%, 3 bedroom homes increased by 71.4%, 4 bedroom homes increased by 62.5%, and 5+ bedroom homes increased by 100%.
Days on Market for 07020, NJ
How long does it take to sell a home in 07020, NJ?
Average Listing Age
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 132 Days | 63 Days | -52.2% |
Summary: Homes in 07020 had an average listing age of 63 days in Apr 2024, down by 52.2% compared to the previous year.
