The 07006 housing market is very competitive. The median sale price of a home in 07006 was $650K last month, up 11.7% since last year. The median sale price per square foot in 07006 is $396, up 12.8% since last year.
In March 2024, 07006 home prices were up 11.7% compared to last year, selling for a median price of $650K. On average, homes in 07006 sell after 49 days on the market compared to 45 days last year. There were 35 homes sold in March this year, down from 43 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$650,000
+11.7% YoY | Mar 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Mar 2024
Growth
% YoY
07006, NJ
$650,000
+11.7%
United States
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How hot is the 07006 housing market?
07006 is very competitive. Homes sell in 47 days.
0
100
76
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 47 days.
Hot homes
can sell for about 10% above list price and go pending in around 13 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 07006 housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in 07006.
Risk Factor
Flood Factor - Major
20% of properties are at risk of severe flooding over the next 30 years
Flood Factor
07006 has a major risk of flooding. 1,192 properties in 07006 are likely to be
severely affected
by flooding over the next 30 years. This represents 20% of all properties in 07006. Flood risk is increasing slower than the national average.
67% of properties are at risk of wildfire over the next 30 years
Fire Factor
07006 has a moderate risk of wildfire. There are 5,509 properties in 07006 that have some risk of being affected by wildfire over the next 30 years. This represents 67% of all properties in 07006.
99% of properties are at major
risk of a severe wind event over the next 30 years
Wind Factor
07006 has a Major Wind Factor® risk based on the projected likelihood and speed of hurricane, tornado, or severe storm winds impacting it. 07006 is most at risk from hurricanes. 8,171 properties in 07006 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 83 mph. In 30 years, an event of this same likelihood would show increased wind gusts of up to 91 mph.