The 07423 housing market is somewhat competitive. The median sale price of a home in 07423 was $888K last month, down 17.7% since last year. The median sale price per square foot in 07423 is $448, up 55.7% since last year.
In March 2024, 07423 home prices were down 17.7% compared to last year, selling for a median price of $888K. On average, homes in 07423 sell after 67 days on the market compared to 83 days last year. There were 8 homes sold in March this year, up from 8 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$887,500
-17.7% YoY | Mar 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Mar 2024
Growth
% YoY
07423, NJ
$887,500
-17.7%
United States
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How hot is the 07423 housing market?
07423 is somewhat competitive. Homes sell in 64 days.
0
100
68
Somewhat Competitive
Redfin Compete Score™
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 9 months
Some homes get multiple offers.
The average homes sell for about 2% above list price and go pending in around 64 days.
Hot homes
can sell for about 8% above list price and go pending in around 37 days.
School data provided by GreatSchools. School service boundaries are intended to be used as reference only. To verify enrollment eligibility for a property, contact the school directly.
Climate's impact on 07423 housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in 07423.
Risk Factor
Flood Factor - Severe
28% of properties are at risk of severe flooding over the next 30 years
Flood Factor
07423 has a severe risk of flooding. 321 properties in 07423 are likely to be
severely affected
by flooding over the next 30 years. This represents 28% of all properties in 07423. Flood risk is increasing slower than the national average.
54% of properties are at risk of wildfire over the next 30 years
Fire Factor
07423 has a moderate risk of wildfire. There are 886 properties in 07423 that have some risk of being affected by wildfire over the next 30 years. This represents 54% of all properties in 07423.
98% of properties are at major
risk of a severe wind event over the next 30 years
Wind Factor
07423 has a Major Wind Factor® risk based on the projected likelihood and speed of hurricane, tornado, or severe storm winds impacting it. 07423 is most at risk from hurricanes. 1,618 properties in 07423 have some risk of being in a severe wind event within the next 30 years.
Wind likelihood over time
If an exceedingly rare windstorm
(a 1-in-3,000 year storm event)
occurred today, it could cause wind gusts of up to 78 mph. In 30 years, an event of this same likelihood would show increased wind gusts of up to 86 mph.