The 07024 housing market is somewhat competitive. Homes in 07024 receive 1 offers on average and sell in around 87 days. The median sale price of a home in 07024 was $410K last month, up 6.9% since last year. The median sale price per square foot in 07024 is $390, up 15.5% since last year.
In October 2024, 07024 home prices were up 6.9% compared to last year, selling for a median price of $410K. On average, homes in 07024 sell after 87 days on the market compared to 104 days last year. There were 170 homes sold in October this year, up from 170 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$410,000
+6.9% YoY | Oct 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Oct 2024
Growth
% YoY
07024, NJ
$410,000
+6.9%
United States
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How hot is the 07024 housing market?
07024 is somewhat competitive. Homes sell in 96 days.
0
100
46
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% below list price and go pending in around 96 days.
Hot homes
can sell for about 3% 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 07024 housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in 07024.
Flood Factor - Moderate
15% of properties are at risk of severe flooding over the next 30 years
Flood Factor
07024 has a moderate risk of flooding. 1,086 properties in 07024 are likely to be
severely affected
by flooding over the next 30 years. This represents 15% of all properties in 07024. Flood risk is increasing slower than the national average.
<1% of properties are at risk of wildfire over the next 30 years
Fire Factor
07024 has a minor risk of wildfire. There are 1 properties in 07024 that have some risk of being affected by wildfire over the next 30 years. This represents <1% of all properties in 07024.
100% of properties are at major
risk of a severe wind event over the next 30 years
Wind Factor
07024 has a Major Wind Factor® risk based on the projected likelihood and speed of hurricane, tornado, or severe storm winds impacting it. 07024 is most at risk from hurricanes. 8,887 properties in 07024 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 92 mph. In 30 years, an event of this same likelihood would show increased wind gusts of up to 101 mph.