The 07202 housing market is very competitive. The median sale price of a home in 07202 was $620K last month, up 11.2% since last year. The median sale price per square foot in 07202 is $348, up 7.1% since last year.
In October 2024, 07202 home prices were up 11.2% compared to last year, selling for a median price of $620K. On average, homes in 07202 sell after 24 days on the market compared to 18 days last year. There were 38 homes sold in October this year, up from 32 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$620,000
+11.2% YoY | Oct 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Oct 2024
Growth
% YoY
07202, NJ
$620,000
+11.2%
United States
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How hot is the 07202 housing market?
07202 is very competitive. Homes sell in 23.5 days.
0
100
77
Very 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
Many homes get multiple offers, some with waived contingencies.
The average homes sell for about 7% above list price and go pending in around 24 days.
Hot homes
can sell for about 16% above list price and go pending in around 15 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 07202 housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in 07202.
Flood Factor - Major
28% of properties are at risk of severe flooding over the next 30 years
Flood Factor
07202 has a major risk of flooding. 865 properties in 07202 are likely to be
severely affected
by flooding over the next 30 years. This represents 28% of all properties in 07202. 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
07202 has a Major Wind Factor® risk based on the projected likelihood and speed of hurricane, tornado, or severe storm winds impacting it. 07202 is most at risk from hurricanes. 5,725 properties in 07202 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 84 mph. In 30 years, an event of this same likelihood would show increased wind gusts of up to 99 mph.