The 07107 housing market is somewhat competitive. The median sale price of a home in 07107 was $545K last month, up 3.8% since last year. The median sale price per square foot in 07107 is $277, up 17.4% since last year.
In October 2024, 07107 home prices were up 3.8% compared to last year, selling for a median price of $545K. On average, homes in 07107 sell after 35 days on the market compared to 73 days last year. There were 26 homes sold in October this year, down from 43 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$545,000
+3.8% YoY | Oct 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Oct 2024
Growth
% YoY
07107, NJ
$545,000
+3.8%
United States
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How hot is the 07107 housing market?
07107 is somewhat competitive. Homes sell in 37 days.
0
100
68
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 6 months
Some homes get multiple offers.
The average homes sell for about 6% above list price and go pending in around 37 days.
Hot homes
can sell for about 14% above list price and go pending in around 23 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 07107 housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in 07107.
Flood Factor - Moderate
31% of properties are at risk of severe flooding over the next 30 years
Flood Factor
07107 has a moderate risk of flooding. 1,192 properties in 07107 are likely to be
severely affected
by flooding over the next 30 years. This represents 31% of all properties in 07107. 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
07107 has a Major Wind Factor® risk based on the projected likelihood and speed of hurricane, tornado, or severe storm winds impacting it. 07107 is most at risk from hurricanes. 5,672 properties in 07107 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 81 mph. In 30 years, an event of this same likelihood would show increased wind gusts of up to 91 mph.