The 07112 housing market is somewhat competitive. The median sale price of a home in 07112 was $505K last month, up 6.3% since last year. The median sale price per square foot in 07112 is $239, up 44.0% since last year.
In March 2024, 07112 home prices were up 6.3% compared to last year, selling for a median price of $505K. On average, homes in 07112 sell after 75 days on the market compared to 100 days last year. There were 36 homes sold in March this year, up from 28 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$505,000
+6.3% YoY | Mar 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Mar 2024
Growth
% YoY
07112, NJ
$505,000
+6.3%
United States
To compare other locations to the 07112 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.
How much is your home worth? Track your home’s value and compare it to nearby sales.
How hot is the 07112 housing market?
07112 is somewhat competitive. Homes sell in 58 days.
0
100
63
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 about 3% above list price and go pending in around 58 days.
Hot homes
can sell for about 8% 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 07112 housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in 07112.
Risk Factor
Flood Factor - Moderate
19% of properties are at risk of severe flooding over the next 30 years
Flood Factor
07112 has a moderate risk of flooding. 647 properties in 07112 are likely to be
severely affected
by flooding over the next 30 years. This represents 19% of all properties in 07112. Flood risk is increasing slower than the national average.
<1% of properties are at risk of wildfire over the next 30 years
Fire Factor
07112 has a minor risk of wildfire. There are 2 properties in 07112 that have some risk of being affected by wildfire over the next 30 years. This represents <1% of all properties in 07112.
100% of properties are at major
risk of a severe wind event over the next 30 years
Wind Factor
07112 has a Major Wind Factor® risk based on the projected likelihood and speed of hurricane, tornado, or severe storm winds impacting it. 07112 is most at risk from hurricanes. 5,044 properties in 07112 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 82 mph. In 30 years, an event of this same likelihood would show increased wind gusts of up to 93 mph.