The 07004 housing market is very competitive. The median sale price of a home in 07004 was $760K last month, up 16.7% since last year. The median sale price per square foot in 07004 is $191, down 44.0% since last year.
In March 2024, 07004 home prices were up 16.7% compared to last year, selling for a median price of $760K. On average, homes in 07004 sell after 72 days on the market compared to 37 days last year. There were 13 homes sold in March this year, down from 14 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$760,000
+16.7% YoY | Mar 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Mar 2024
Growth
% YoY
07004, NJ
$760,000
+16.7%
United States
To compare other locations to the 07004 and U.S. housing market, enter a city, neighborhood, state, or zip code into the search bar. Learn which home features in New Jersey add value to a home.
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How hot is the 07004 housing market?
07004 is very competitive. Homes sell in 46.5 days.
0
100
74
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 6 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 47 days.
Hot homes
can sell for about 9% 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
7/10
Washington Elementary School
Public • K-5
352
Students
5 reviews
6/10
Gould Mountain School
Public • 4-6
276
Students
2 reviews
5/10
Winston S. Churchill School
Public • 4-6
268
Students
1 reviews
3/10
Adlai E. Stevenson Elementary School
Public • PreK-3
402
Students
2 reviews
NR
Harrison School
Public • PreK-K
44
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 07004 housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in 07004.
Risk Factor
Flood Factor - Major
62% of properties are at risk of severe flooding over the next 30 years
Flood Factor
07004 has a major risk of flooding. 1,058 properties in 07004 are likely to be
severely affected
by flooding over the next 30 years. This represents 62% of all properties in 07004. Flood risk is increasing faster than the national average.
61% of properties are at risk of wildfire over the next 30 years
Fire Factor
07004 has a moderate risk of wildfire. There are 2,256 properties in 07004 that have some risk of being affected by wildfire over the next 30 years. This represents 61% of all properties in 07004.
92% of properties are at major
risk of a severe wind event over the next 30 years
Wind Factor
07004 has a Major Wind Factor® risk based on the projected likelihood and speed of hurricane, tornado, or severe storm winds impacting it. 07004 is most at risk from hurricanes. 3,393 properties in 07004 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 84 mph. In 30 years, an event of this same likelihood would show increased wind gusts of up to 92 mph.