The 07201 housing market is somewhat competitive. The median sale price of a home in 07201 was $650K last month, down 0.76% since last year. The median sale price per square foot in 07201 is $353, up 30.3% since last year.
In October 2024, 07201 home prices were down 0.76% compared to last year, selling for a median price of $650K. On average, homes in 07201 sell after 28 days on the market compared to 49 days last year. There were 18 homes sold in October this year, down from 28 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$650,000
-0.76% YoY | Oct 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Oct 2024
Growth
% YoY
07201, NJ
$650,000
-0.76%
United States
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How hot is the 07201 housing market?
07201 is somewhat competitive. Homes sell in 39 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 2% above list price and go pending in around 39 days.
Hot homes
can sell for about 7% above list price and go pending in around 21 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 07201 housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in 07201.
Flood Factor - Moderate
24% of properties are at risk of severe flooding over the next 30 years
Flood Factor
07201 has a moderate risk of flooding. 682 properties in 07201 are likely to be
severely affected
by flooding over the next 30 years. This represents 24% of all properties in 07201. 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
07201 has a Major Wind Factor® risk based on the projected likelihood and speed of hurricane, tornado, or severe storm winds impacting it. 07201 is most at risk from hurricanes. 4,540 properties in 07201 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 102 mph. In 30 years, an event of this same likelihood would show increased wind gusts of up to 120 mph.