The 07022 housing market is somewhat competitive. The median sale price of a home in 07022 was $608K last month, down 16.2% since last year. The median sale price per square foot in 07022 is $431, up 32.6% since last year.
In January 2025, 07022 home prices were down 16.2% compared to last year, selling for a median price of $608K. On average, homes in 07022 sell after 72 days on the market compared to 83 days last year. There were 16 homes sold in January this year, up from 10 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$607,500
-16.2% YoY | Jan 2025
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Jan 2025
Growth
% YoY
07022, NJ
$607,500
-16.2%
United States
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How hot is the 07022 housing market?
07022 is somewhat competitive. Homes sell in 84.5 days.
0
100
54
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 6 months
Some homes get multiple offers.
The average homes sell for around list price and go pending in around 85 days.
Hot homes
can sell for about 6% above list price and go pending in around 62 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 07022 housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in 07022.
Flood Factor - Minor
24% of properties are at risk of severe flooding over the next 30 years
Flood Factor
07022 has a minor risk of flooding. 527 properties in 07022 are likely to be
severely affected
by flooding over the next 30 years. This represents 24% of all properties in 07022. Flood risk is increasing slower than the national average.
100% of properties are at major
risk of a severe wind event over the next 30 years
Wind Factor
07022 has a Major Wind Factor® risk based on the projected likelihood and speed of hurricane, tornado, or severe storm winds impacting it. 07022 is most at risk from hurricanes. 2,845 properties in 07022 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.