The 07027 housing market is very competitive. The median sale price of a home in 07027 was $850K last month, up 30.1% since last year. The median sale price per square foot in 07027 is $457, up 0.6% since last year.
In May 2025, 07027 home prices were up 30.1% compared to last year, selling for a median price of $850K. On average, homes in 07027 sell after 42 days on the market compared to 28 days last year. There were 5 homes sold in May this year, down from 18 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$850,000
+30.1% YoY | May 2025
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
May 2025
Growth
% YoY
07027, NJ
$850,000
+30.1%
United States
To compare other locations to the 07027 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.
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How hot is the 07027 housing market?
07027 is very competitive. Homes sell in 18 days.
0
100
89
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 12 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 18 days.
Hot homes
can sell for about 8% above list price and go pending in around 12 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 07027 housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in 07027.
Flood Factor - Moderate
29% of properties are at risk of severe flooding over the next 30 years
Flood Factor
07027 has a moderate risk of flooding. 281 properties in 07027 are likely to be
severely affected
by flooding over the next 30 years. This represents 29% of all properties in 07027. 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
07027 has a Major Wind Factor® risk based on the projected likelihood and speed of hurricane, tornado, or severe storm winds impacting it. 07027 is most at risk from hurricanes. 1,546 properties in 07027 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 79 mph. In 30 years, an event of this same likelihood would show increased wind gusts of up to 90 mph.