The 07114 housing market is somewhat competitive. The median sale price of a home in 07114 was $745K last month, up 176.4% since last year. The median sale price per square foot in 07114 is $281, up 130.3% since last year.
In March 2024, 07114 home prices were up 176.4% compared to last year, selling for a median price of $745K. On average, homes in 07114 sell after 27 days on the market compared to 41 days last year. There were 2 homes sold in March this year, down from 6 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$745,000
+176.4% YoY | Mar 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Mar 2024
Growth
% YoY
07114, NJ
$745,000
+176.4%
United States
To compare other locations to the 07114 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 07114 housing market?
07114 is somewhat competitive. Homes sell in 65 days.
0
100
53
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 12 months
Some homes get multiple offers.
The average homes sell for about 1% above list price and go pending in around 65 days.
Hot homes
can sell for about 8% above list price and go pending in around 34 days.
This area's enrollment policy is not based solely on geography. Please check the school district website for more information.
GreatSchools Rating
6/10
Number 18, Robert Morris Elementary School
Public • PreK-8
573
Students
10 reviews
5/10
Louise A. Spencer Elementary School
Public • PreK-8 • Choice school
766
Students
3 reviews
5/10
Ann Street Elementary School
Public • K-8 • Choice school
1196
Students
10 reviews
5/10
South Street Elementary School
Public • PreK-8 • Choice school
672
Students
5 reviews
4/10
Oliver Street Elementary School
Public • PreK-8 • Choice school
1052
Students
8 reviews
Only showing 5 of
15 elementary schools.
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 07114 housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in 07114.
Risk Factor
Flood Factor - Major
55% of properties are at risk of severe flooding over the next 30 years
Flood Factor
07114 has a major risk of flooding. 1,095 properties in 07114 are likely to be
severely affected
by flooding over the next 30 years. This represents 55% of all properties in 07114. Flood risk is increasing slower than the national average.
<1% of properties are at risk of wildfire over the next 30 years
Fire Factor
07114 has a moderate risk of wildfire. There are 8 properties in 07114 that have some risk of being affected by wildfire over the next 30 years. This represents <1% of all properties in 07114.
100% of properties are at major
risk of a severe wind event over the next 30 years
Wind Factor
07114 has a Major Wind Factor® risk based on the projected likelihood and speed of hurricane, tornado, or severe storm winds impacting it. 07114 is most at risk from hurricanes. 2,723 properties in 07114 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 113 mph.