The 07405 housing market is somewhat competitive. The median sale price of a home in 07405 was $645K last month, up 14.9% since last year. The median sale price per square foot in 07405 is $277, up 15.9% since last year.
In March 2024, 07405 home prices were up 14.9% compared to last year, selling for a median price of $645K. On average, homes in 07405 sell after 39 days on the market compared to 70 days last year. There were 34 homes sold in March this year, down from 36 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$645,000
+14.9% YoY | Mar 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Mar 2024
Growth
% YoY
07405, NJ
$645,000
+14.9%
United States
To compare other locations to the 07405 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 07405 housing market?
07405 is somewhat competitive. Homes sell in 39 days.
0
100
59
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 3 months
Some homes get multiple offers.
The average homes sell for around list price and go pending in around 39 days.
Hot homes
can sell for about 5% above list price and go pending in around 17 days.
This area's enrollment policy is not based solely on geography. Please check the school district website for more information.
GreatSchools Rating
8/10
Apshawa Elementary School
Public • K-5
244
Students
8 reviews
7/10
Stonybrook Elementary School
Public • K-5
433
Students
3 reviews
6/10
Samuel R. Donald Elementary School
Public • 2-4
169
Students
1 reviews
4/10
Walter T. Bergen Middle School
Public • 5-8
252
Students
4 reviews
4/10
Richard Butler Elementary School
Public • 5-8
292
Students
5 reviews
Only showing 5 of
7 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 07405 housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in 07405.
Risk Factor
Flood Factor - Major
16% of properties are at risk of severe flooding over the next 30 years
Flood Factor
07405 has a major risk of flooding. 722 properties in 07405 are likely to be
severely affected
by flooding over the next 30 years. This represents 16% of all properties in 07405. Flood risk is increasing slower than the national average.
87% of properties are at risk of wildfire over the next 30 years
Fire Factor
07405 has a moderate risk of wildfire. There are 5,496 properties in 07405 that have some risk of being affected by wildfire over the next 30 years. This represents 87% of all properties in 07405.
93% of properties are at moderate
risk of a severe wind event over the next 30 years
Wind Factor
07405 has a Moderate Wind Factor® risk based on the projected likelihood and speed of hurricane, tornado, or severe storm winds impacting it. 07405 is most at risk from hurricanes. 5,878 properties in 07405 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 77 mph. In 30 years, an event of this same likelihood would show increased wind gusts of up to 82 mph.