The 07078 housing market is most competitive. The median sale price of a home in 07078 was $2.4M last month, up 25.3% since last year. The median sale price per square foot in 07078 is $699, up 2.9% since last year.
In May 2025, 07078 home prices were up 25.3% compared to last year, selling for a median price of $2.4M. On average, homes in 07078 sell after 16 days on the market compared to 28 days last year. There were 20 homes sold in May this year, down from 41 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$2,350,000
+25.3% YoY | May 2025
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
May 2025
Growth
% YoY
07078, NJ
$2,350,000
+25.3%
United States
To compare other locations to the 07078 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 07078 housing market?
07078 is most competitive. Homes sell in 16 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 6% above list price and go pending in around 16 days.
Hot homes
can sell for about 17% above list price and go pending in around 10 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 07078 housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in 07078.
Flood Factor - Major
23% of properties are at risk of severe flooding over the next 30 years
Flood Factor
07078 has a major risk of flooding. 595 properties in 07078 are likely to be
severely affected
by flooding over the next 30 years. This represents 23% of all properties in 07078. Flood risk is increasing slower than the national average.
7% of properties are at risk of wildfire over the next 30 years
Fire Factor
07078 has a moderate risk of wildfire. There are 342 properties in 07078 that have some risk of being affected by wildfire over the next 30 years. This represents 7% of all properties in 07078.
99% of properties are at major
risk of a severe wind event over the next 30 years
Wind Factor
07078 has a Major Wind Factor® risk based on the projected likelihood and speed of hurricane, tornado, or severe storm winds impacting it. 07078 is most at risk from hurricanes. 4,315 properties in 07078 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 86 mph. In 30 years, an event of this same likelihood would show increased wind gusts of up to 92 mph.