The 07059 housing market is very competitive. The median sale price of a home in 07059 was $997K last month, down 14.0% since last year. The median sale price per square foot in 07059 is $407, up 20.4% since last year.
In January 2025, 07059 home prices were down 14.0% compared to last year, selling for a median price of $997K. On average, homes in 07059 sell after 25 days on the market compared to 54 days last year. There were 40 homes sold in January this year, up from 38 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$997,500
-14.0% YoY | Jan 2025
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Jan 2025
Growth
% YoY
07059, NJ
$997,500
-14.0%
United States
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How hot is the 07059 housing market?
07059 is very competitive. Homes sell in 30 days.
0
100
75
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 3 months
Many homes get multiple offers, some with waived contingencies.
The average homes sell for about 1% below list price and go pending in around 30 days.
Hot homes
can sell for about 3% above list price and go pending in around 16 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 07059 housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in 07059.
Flood Factor - Minor
13% of properties are at risk of severe flooding over the next 30 years
Flood Factor
07059 has a minor risk of flooding. 497 properties in 07059 are likely to be
severely affected
by flooding over the next 30 years. This represents 13% of all properties in 07059. Flood risk is increasing slower than the national average.
91% of properties are at risk of wildfire over the next 30 years
Fire Factor
07059 has a moderate risk of wildfire. There are 5,726 properties in 07059 that have some risk of being affected by wildfire over the next 30 years. This represents 91% of all properties in 07059.
99% of properties are at major
risk of a severe wind event over the next 30 years
Wind Factor
07059 has a Major Wind Factor® risk based on the projected likelihood and speed of hurricane, tornado, or severe storm winds impacting it. 07059 is most at risk from hurricanes. 6,273 properties in 07059 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 83 mph. In 30 years, an event of this same likelihood would show increased wind gusts of up to 92 mph.