The 07075 housing market is very competitive. The median sale price of a home in 07075 was $673K last month, down 1.8% since last year. The median sale price per square foot in 07075 is $427, up 23.6% since last year.
In October 2024, 07075 home prices were down 1.8% compared to last year, selling for a median price of $673K. On average, homes in 07075 sell after 59 days on the market compared to 64 days last year. There were 22 homes sold in October this year, down from 33 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$672,500
-1.8% YoY | Oct 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Oct 2024
Growth
% YoY
07075, NJ
$672,500
-1.8%
United States
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How hot is the 07075 housing market?
07075 is very competitive. Homes sell in 58.5 days.
0
100
71
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 3% above list price and go pending in around 59 days.
Hot homes
can sell for about 7% above list price and go pending in around 46 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 07075 housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in 07075.
Flood Factor - Moderate
15% of properties are at risk of severe flooding over the next 30 years
Flood Factor
07075 has a moderate risk of flooding. 397 properties in 07075 are likely to be
severely affected
by flooding over the next 30 years. This represents 15% of all properties in 07075. 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
07075 has a Major Wind Factor® risk based on the projected likelihood and speed of hurricane, tornado, or severe storm winds impacting it. 07075 is most at risk from hurricanes. 3,432 properties in 07075 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 76 mph. In 30 years, an event of this same likelihood would show increased wind gusts of up to 86 mph.