The 07045 housing market is most competitive. The median sale price of a home in 07045 was $902K over the last 3 months, up 5.5% since the same period last year. The median sale price per square foot in 07045 is $357, up 2.9% since last year.
Over the three months ending August 2026, 07045 home prices were up 5.5% compared to the same period last year, selling for a median price of $902K. On average, homes in 07045 sell after 21 days on the market compared to 38 days last year. There were 45 homes sold in August this year, up from 43 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$902,110
+5.5% YoY | Aug 2026
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Aug 2026
Growth
% YoY
07045, NJ
$902,110
+5.5%
United States
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How hot is the 07045 housing market?
07045 is most competitive. Homes sell in 21 days.
0
100
90
Most 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
Most homes get multiple offers, often with waived contingencies.
The average homes sell for about 7% above list price and go pending in around 21 days.
Hot homes
can sell for about 10% above list price and go pending in around 15 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 07045 housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in 07045.
Flood Factor - Moderate
7% of properties are at risk of severe flooding over the next 30 years
Flood Factor
07045 has a moderate risk of flooding. 193 properties in 07045 are likely to be
severely affected
by flooding over the next 30 years. This represents 7% of all properties in 07045. Flood risk is increasing slower than the national average.
13% of properties are at risk of wildfire over the next 30 years
Fire Factor
07045 has a moderate risk of wildfire. There are 536 properties in 07045 that have some risk of being affected by wildfire over the next 30 years. This represents 13% of all properties in 07045.
70% of properties are at major
risk of a severe wind event over the next 30 years
Wind Factor
07045 has a Major Wind Factor® risk based on the projected likelihood and speed of hurricane, tornado, or severe storm winds impacting it. 07045 is most at risk from hurricanes. 2,784 properties in 07045 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 78 mph. In 30 years, an event of this same likelihood would show increased wind gusts of up to 83 mph.