The 07083 housing market is very competitive. The median sale price of a home in 07083 was $563K last month, up 4.2% since last year. The median sale price per square foot in 07083 is $415, up 13.7% since last year.
In January 2025, 07083 home prices were up 4.2% compared to last year, selling for a median price of $563K. On average, homes in 07083 sell after 27 days on the market compared to 26 days last year. There were 110 homes sold in January this year, up from 97 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$562,500
+4.2% YoY | Jan 2025
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Jan 2025
Growth
% YoY
07083, NJ
$562,500
+4.2%
United States
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How hot is the 07083 housing market?
07083 is very competitive. Homes sell in 28.5 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 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 29 days.
Hot homes
can sell for about 8% above list price and go pending in around 14 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 07083 housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in 07083.
Flood Factor - Minor
17% of properties are at risk of severe flooding over the next 30 years
Flood Factor
07083 has a minor risk of flooding. 1,519 properties in 07083 are likely to be
severely affected
by flooding over the next 30 years. This represents 17% of all properties in 07083. Flood risk is increasing slower than the national average.
<1% of properties are at risk of wildfire over the next 30 years
Fire Factor
07083 has a moderate risk of wildfire. There are 93 properties in 07083 that have some risk of being affected by wildfire over the next 30 years. This represents <1% of all properties in 07083.
99% of properties are at major
risk of a severe wind event over the next 30 years
Wind Factor
07083 has a Major Wind Factor® risk based on the projected likelihood and speed of hurricane, tornado, or severe storm winds impacting it. 07083 is most at risk from hurricanes. 16,690 properties in 07083 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 95 mph.