The 07480 housing market is very competitive. The median sale price of a home in 07480 was $433K last month, up 12.9% since last year. The median sale price per square foot in 07480 is $288, up 6.3% since last year.
In October 2024, 07480 home prices were up 12.9% compared to last year, selling for a median price of $433K. On average, homes in 07480 sell after 43 days on the market compared to 50 days last year. There were 66 homes sold in October this year, down from 71 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$432,500
+12.9% YoY | Oct 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Oct 2024
Growth
% YoY
07480, NJ
$432,500
+12.9%
United States
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How hot is the 07480 housing market?
07480 is very competitive. Homes sell in 32 days.
0
100
75
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 2% above list price and go pending in around 32 days.
Hot homes
can sell for about 8% above list price and go pending in around 17 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 07480 housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in 07480.
Flood Factor - Moderate
19% of properties are at risk of severe flooding over the next 30 years
Flood Factor
07480 has a moderate risk of flooding. 972 properties in 07480 are likely to be
severely affected
by flooding over the next 30 years. This represents 19% of all properties in 07480. Flood risk is increasing slower than the national average.
99% of properties are at risk of wildfire over the next 30 years
Fire Factor
07480 has a major risk of wildfire. There are 7,034 properties in 07480 that have some risk of being affected by wildfire over the next 30 years. This represents 99% of all properties in 07480.
99% of properties are at moderate
risk of a severe wind event over the next 30 years
Wind Factor
07480 has a Moderate Wind Factor® risk based on the projected likelihood and speed of hurricane, tornado, or severe storm winds impacting it. 07480 is most at risk from hurricanes. 7,041 properties in 07480 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 73 mph. In 30 years, an event of this same likelihood would show increased wind gusts of up to 79 mph.