The Seventh Avenue housing market is somewhat competitive. The median sale price of a home in Seventh Avenue was $450K last month, down 1.1% since last year. The median sale price per square foot in Seventh Avenue is $178, down 17.8% since last year.
What is the housing market like in Seventh Avenue today?
In March 2024, Seventh Avenue home prices were down 1.1% compared to last year, selling for a median price of $450K. On average, homes in Seventh Avenue sell after 50 days on the market compared to 30 days last year. There were 7 homes sold in March this year, down from 13 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$450,000
-1.1% YoY | Mar 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Mar 2024
Growth
% YoY
Seventh Avenue, NJ
$450,000
-1.1%
United States
To compare other locations to the Seventh Avenue and U.S. housing market, enter a city, neighborhood, state, or zip code into the search bar. Learn which home features in Newark add value to a home.
How much is your home worth? Track your home’s value and compare it to nearby sales.
How hot is the Seventh Avenue housing market?
Seventh Avenue is somewhat competitive. Homes sell in 43 days.
0
100
64
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 12 months
Some homes get multiple offers.
The average homes sell for about 3% above list price and go pending in around 43 days.
Hot homes
can sell for about 12% above list price and go pending in around 15 days.
This area's enrollment policy is not based solely on geography. Please check the school district website for more information.
GreatSchools Rating
5/10
McKinley Elementary School
Public • PreK-8 • Choice school
852
Students
9 reviews
2/10
Franklin Elementary School
Public • PreK-6 • Choice school
481
Students
2 reviews
2/10
Roberto Clemente Elementary School
Public • PreK-6 • Choice school
551
Students
1 reviews
NR
Branch Brook School
Public • PreK-4
141
Students
3 reviews
NR
Essex Regional School
Public • N/A
18
Students
N/A
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 Seventh Avenue housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in Seventh Avenue.
Risk Factor
Flood Factor - Moderate
13% of properties are at risk of severe flooding over the next 30 years
Flood Factor
Seventh Avenue has a moderate risk of flooding. 92 properties in Seventh Avenue are likely to be
severely affected
by flooding over the next 30 years. This represents 13% of all properties in Seventh Avenue. Flood risk is increasing slower than the national average.
<1% of properties are at risk of wildfire over the next 30 years
Fire Factor
Seventh Avenue has a minor risk of wildfire. There are 1 properties in Seventh Avenue that have some risk of being affected by wildfire over the next 30 years. This represents <1% of all properties in Seventh Avenue.
100% of properties are at major
risk of a severe wind event over the next 30 years
Wind Factor
Seventh Avenue has a Major Wind Factor® risk based on the projected likelihood and speed of hurricane, tornado, or severe storm winds impacting it. Seventh Avenue is most at risk from hurricanes. 1,234 properties in Seventh Avenue 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 77 mph. In 30 years, an event of this same likelihood would show increased wind gusts of up to 87 mph.