The 07087 housing market is somewhat competitive. Over the three months, homes in 07087 receive 1 offers on average and sell in around 57 days. The median sale price of a home in 07087 was $545K over the last 3 months, down 9.04% since the same period last year. The median sale price per square foot in 07087 is $442, down 9.24% since last year.
Over the three months ending July 2026, 07087 home prices were down 9.04% compared to the same period last year, selling for a median price of $545K. On average, homes in 07087 sell after 57 days on the market compared to 54 days last year. There were 62 homes sold in July this year, down from 76 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$544,879
-9.04% YoY | Jul 2026
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Jul 2026
Growth
% YoY
07087, NJ
$544,879
-9.04%
United States
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How hot is the 07087 housing market?
07087 is somewhat competitive. Homes sell in 57 days.
0
100
58
Somewhat 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
Some homes get multiple offers.
The average homes sell for around list price and go pending in around 57 days.
Hot homes
can sell for about 3% above list price and go pending in around 25 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 07087 housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in 07087.
Flood Factor - Major
16% of properties are at risk of severe flooding over the next 30 years
Flood Factor
07087 has a major risk of flooding. 339 properties in 07087 are likely to be
severely affected
by flooding over the next 30 years. This represents 16% of all properties in 07087. Flood risk is increasing slower than the national average.
6% of properties are at risk of wildfire over the next 30 years
Fire Factor
07087 has a moderate risk of wildfire. There are 155 properties in 07087 that have some risk of being affected by wildfire over the next 30 years. This represents 6% of all properties in 07087.
100% of properties are at major
risk of a severe wind event over the next 30 years
Wind Factor
07087 has a Major Wind Factor® risk based on the projected likelihood and speed of hurricane, tornado, or severe storm winds impacting it. 07087 is most at risk from hurricanes. 2,412 properties in 07087 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 97 mph. In 30 years, an event of this same likelihood would show increased wind gusts of up to 110 mph.