The 07204 housing market is very competitive. The median sale price of a home in 07204 was $518K last month, up 3.3% since last year. The median sale price per square foot in 07204 is $315, down 4.7% since last year.
In December 2024, 07204 home prices were up 3.3% compared to last year, selling for a median price of $518K. On average, homes in 07204 sell after 25 days on the market compared to 22 days last year. There were 36 homes sold in December this year, up from 26 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$517,500
+3.3% YoY | Dec 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Dec 2024
Growth
% YoY
07204, NJ
$517,500
+3.3%
United States
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How hot is the 07204 housing market?
07204 is very competitive. Homes sell in 26 days.
0
100
86
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 4% above list price and go pending in around 26 days.
Hot homes
can sell for about 8% above list price and go pending in around 13 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 07204 housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in 07204.
Flood Factor - Minor
27% of properties are at risk of severe flooding over the next 30 years
Flood Factor
07204 has a minor risk of flooding. 640 properties in 07204 are likely to be
severely affected
by flooding over the next 30 years. This represents 27% of all properties in 07204. 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
07204 has a Major Wind Factor® risk based on the projected likelihood and speed of hurricane, tornado, or severe storm winds impacting it. 07204 is most at risk from hurricanes. 3,686 properties in 07204 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 92 mph.