The 07008 housing market is somewhat competitive. The median sale price of a home in 07008 was $488K last month, up 5.4% since last year. The median sale price per square foot in 07008 is $321, up 1.7% since last year.
In October 2024, 07008 home prices were up 5.4% compared to last year, selling for a median price of $488K. On average, homes in 07008 sell after 86 days on the market compared to 61 days last year. There were 34 homes sold in October this year, up from 34 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$487,500
+5.4% YoY | Oct 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Oct 2024
Growth
% YoY
07008, NJ
$487,500
+5.4%
United States
To compare other locations to the 07008 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.
How much is your home worth? Track your home’s value and compare it to nearby sales.
Work with the best agents in 07008
Redfin agents are among the most experienced in the industry, so we know how to help you win in today's market.
How hot is the 07008 housing market?
07008 is somewhat competitive. Homes sell in 76 days.
0
100
58
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 3 months
Some homes get multiple offers.
The average homes sell for about 1% above list price and go pending in around 76 days.
Hot homes
can sell for about 3% above list price and go pending in around 51 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 07008 housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in 07008.
Flood Factor - Minor
17% of properties are at risk of severe flooding over the next 30 years
Flood Factor
07008 has a minor risk of flooding. 653 properties in 07008 are likely to be
severely affected
by flooding over the next 30 years. This represents 17% of all properties in 07008. Flood risk is increasing slower than the national average.
56% of properties are at risk of wildfire over the next 30 years
Fire Factor
07008 has a moderate risk of wildfire. There are 3,289 properties in 07008 that have some risk of being affected by wildfire over the next 30 years. This represents 56% of all properties in 07008.
100% of properties are at major
risk of a severe wind event over the next 30 years
Wind Factor
07008 has a Major Wind Factor® risk based on the projected likelihood and speed of hurricane, tornado, or severe storm winds impacting it. 07008 is most at risk from hurricanes. 5,861 properties in 07008 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 102 mph. In 30 years, an event of this same likelihood would show increased wind gusts of up to 119 mph.