The 07508 housing market is somewhat competitive. The median sale price of a home in 07508 was $569K last month, up 21.1% since last year. The median sale price per square foot in 07508 is $369, up 32.7% since last year.
In March 2024, 07508 home prices were up 21.1% compared to last year, selling for a median price of $569K. On average, homes in 07508 sell after 57 days on the market compared to 67 days last year. There were 29 homes sold in March this year, down from 38 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$569,000
+21.1% YoY | Mar 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Mar 2024
Growth
% YoY
07508, NJ
$569,000
+21.1%
United States
To compare other locations to the 07508 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 07508 housing market?
07508 is somewhat competitive. Homes sell in 53 days.
0
100
62
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 4% above list price and go pending in around 53 days.
Hot homes
can sell for about 10% above list price and go pending in around 24 days.
This area's enrollment policy is not based solely on geography. Please check the school district website for more information.
GreatSchools Rating
7/10
School 28
Public • PreK-8
505
Students
1 reviews
7/10
High Mountain Middle School
Public • 5-8
275
Students
8 reviews
6/10
Memorial Elementary School
Public • PreK-4
344
Students
5 reviews
4/10
Haledon Public School
Public • PreK-8
1048
Students
6 reviews
4/10
Washington Elementary School
Public • K-5
270
Students
6 reviews
Only showing 5 of
10 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 07508 housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in 07508.
Risk Factor
Flood Factor - Major
20% of properties are at risk of severe flooding over the next 30 years
Flood Factor
07508 has a major risk of flooding. 860 properties in 07508 are likely to be
severely affected
by flooding over the next 30 years. This represents 20% of all properties in 07508. Flood risk is increasing slower than the national average.
51% of properties are at risk of wildfire over the next 30 years
Fire Factor
07508 has a moderate risk of wildfire. There are 3,363 properties in 07508 that have some risk of being affected by wildfire over the next 30 years. This represents 51% of all properties in 07508.
95% of properties are at major
risk of a severe wind event over the next 30 years
Wind Factor
07508 has a Major Wind Factor® risk based on the projected likelihood and speed of hurricane, tornado, or severe storm winds impacting it. 07508 is most at risk from hurricanes. 6,218 properties in 07508 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 79 mph. In 30 years, an event of this same likelihood would show increased wind gusts of up to 87 mph.