The 08053 housing market is very competitive. Homes in 08053 receive 6 offers on average and sell in around 20 days. The median sale price of a home in 08053 was $385K last month, up 5.0% since last year. The median sale price per square foot in 08053 is $244, up 17.0% since last year.
In April 2024, 08053 home prices were up 5.0% compared to last year, selling for a median price of $385K. On average, homes in 08053 sell after 20 days on the market compared to 17 days last year. There were 114 homes sold in April this year, down from 128 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$385,000
+5.0% YoY | Apr 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Apr 2024
Growth
% YoY
08053, NJ
$385,000
+5.0%
United States
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How hot is the 08053 housing market?
08053 is very competitive. Homes sell in 19 days.
0
100
89
Very 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 3 months
Many homes get multiple offers, some with waived contingencies.
The average homes sell for about 4% above list price and go pending in around 19 days.
Hot homes
can sell for about 7% above list price and go pending in around 10 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 08053 housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in 08053.
Risk Factor
Flood Factor - Moderate
13% of properties are at risk of severe flooding over the next 30 years
Flood Factor
08053 has a moderate risk of flooding. 1,317 properties in 08053 are likely to be
severely affected
by flooding over the next 30 years. This represents 13% of all properties in 08053. Flood risk is increasing slower than the national average.
59% of properties are at risk of wildfire over the next 30 years
Fire Factor
08053 has a moderate risk of wildfire. There are 11,200 properties in 08053 that have some risk of being affected by wildfire over the next 30 years. This represents 59% of all properties in 08053.
99% of properties are at major
risk of a severe wind event over the next 30 years
Wind Factor
08053 has a Major Wind Factor® risk based on the projected likelihood and speed of hurricane, tornado, or severe storm winds impacting it. 08053 is most at risk from hurricanes. 18,839 properties in 08053 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 100 mph. In 30 years, an event of this same likelihood would show increased wind gusts of up to 116 mph.