The 07205 housing market is very competitive. The median sale price of a home in 07205 was $485K last month, up 10.5% since last year. The median sale price per square foot in 07205 is $312, up 15.1% since last year.
In March 2024, 07205 home prices were up 10.5% compared to last year, selling for a median price of $485K. On average, homes in 07205 sell after 46 days on the market compared to 39 days last year. There were 36 homes sold in March this year, down from 53 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$485,000
+10.5% YoY | Mar 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Mar 2024
Growth
% YoY
07205, NJ
$485,000
+10.5%
United States
To compare other locations to the 07205 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 07205 housing market?
07205 is very competitive. Homes sell in 37 days.
0
100
79
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 37 days.
Hot homes
can sell for about 8% above list price and go pending in around 21 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
Ola Edwards Community School
Public • 2-6
488
Students
4 reviews
5/10
Hurden-Looker Elementary School
Public • 2-6
461
Students
1 reviews
5/10
No 29 Dr A Einstein Academy
Public • PreK-8
890
Students
15 reviews
3/10
Deanna G. Taylor Academy
Public • 2-6
205
Students
3 reviews
Only showing 5 of
8 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 07205 housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in 07205.
Risk Factor
Flood Factor - Major
22% of properties are at risk of severe flooding over the next 30 years
Flood Factor
07205 has a major risk of flooding. 1,025 properties in 07205 are likely to be
severely affected
by flooding over the next 30 years. This represents 22% of all properties in 07205. Flood risk is increasing slower than the national average.
2% of properties are at risk of wildfire over the next 30 years
Fire Factor
07205 has a moderate risk of wildfire. There are 131 properties in 07205 that have some risk of being affected by wildfire over the next 30 years. This represents 2% of all properties in 07205.
100% of properties are at major
risk of a severe wind event over the next 30 years
Wind Factor
07205 has a Major Wind Factor® risk based on the projected likelihood and speed of hurricane, tornado, or severe storm winds impacting it. 07205 is most at risk from hurricanes. 6,423 properties in 07205 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 96 mph.