The 07020 housing market is somewhat competitive. The median sale price of a home in 07020 was $769K over the last 3 months, up 22.0% since the same period last year. The median sale price per square foot in 07020 is $527, up 10.2% since last year.
Over the three months ending August 2026, 07020 home prices were up 22.0% compared to the same period last year, selling for a median price of $769K. On average, homes in 07020 sell after 100 days on the market compared to 80 days last year. There were 48 homes sold in August this year, down from 54 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$768,667
+22.0% YoY | Aug 2026
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Aug 2026
Growth
% YoY
07020, NJ
$768,667
+22.0%
United States
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How hot is the 07020 housing market?
07020 is somewhat competitive. Homes sell in 100.5 days.
0
100
37
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 2% below list price and go pending in around 101 days.
Hot homes
can sell for around list price and go pending in around 67 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 07020 housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in 07020.
Flood Factor - Severe
56% of properties are at risk of severe flooding over the next 30 years
Flood Factor
07020 has a severe risk of flooding. 1,669 properties in 07020 are likely to be
severely affected
by flooding over the next 30 years. This represents 56% of all properties in 07020. Flood risk is increasing slower than the national average.
7% of properties are at risk of wildfire over the next 30 years
Fire Factor
07020 has a moderate risk of wildfire. There are 344 properties in 07020 that have some risk of being affected by wildfire over the next 30 years. This represents 7% of all properties in 07020.
100% of properties are at major
risk of a severe wind event over the next 30 years
Wind Factor
07020 has a Major Wind Factor® risk based on the projected likelihood and speed of hurricane, tornado, or severe storm winds impacting it. 07020 is most at risk from hurricanes. 4,539 properties in 07020 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 97 mph. In 30 years, an event of this same likelihood would show increased wind gusts of up to 108 mph.