The 07423 housing market is somewhat competitive. The median sale price of a home in 07423 was $1.6M over the last 3 months, up 14.4% since the same period last year. The median sale price per square foot in 07423 is $632, up 15.1% since last year.
Over the three months ending August 2026, 07423 home prices were up 14.4% compared to the same period last year, selling for a median price of $1.6M. On average, homes in 07423 sell after 75 days on the market compared to 70 days last year. There were 27 homes sold in August this year, down from 28 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$1,584,814
+14.4% YoY | Aug 2026
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Aug 2026
Growth
% YoY
07423, NJ
$1,584,814
+14.4%
United States
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How hot is the 07423 housing market?
07423 is somewhat competitive. Homes sell in 83 days.
0
100
64
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 about 5% above list price and go pending in around 83 days.
Hot homes
can sell for about 10% above list price and go pending in around 50 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 07423 housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in 07423.
Flood Factor - Moderate
21% of properties are at risk of severe flooding over the next 30 years
Flood Factor
07423 has a moderate risk of flooding. 178 properties in 07423 are likely to be
severely affected
by flooding over the next 30 years. This represents 21% of all properties in 07423. Flood risk is increasing slower than the national average.
98% of properties are at major
risk of a severe wind event over the next 30 years
Wind Factor
07423 has a Major Wind Factor® risk based on the projected likelihood and speed of hurricane, tornado, or severe storm winds impacting it. 07423 is most at risk from hurricanes. 1,584 properties in 07423 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 78 mph. In 30 years, an event of this same likelihood would show increased wind gusts of up to 86 mph.