The 07605 housing market is somewhat competitive. The median sale price of a home in 07605 was $650K last month, down 6.5% since last year. The median sale price per square foot in 07605 is $383, down 22.5% since last year.
In March 2024, 07605 home prices were down 6.5% compared to last year, selling for a median price of $650K. On average, homes in 07605 sell after 88 days on the market compared to 106 days last year. There were 10 homes sold in March this year, down from 12 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$650,000
-6.5% YoY | Mar 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Mar 2024
Growth
% YoY
07605, NJ
$650,000
-6.5%
United States
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How hot is the 07605 housing market?
07605 is somewhat competitive. Homes sell in 92 days.
0
100
48
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 9 months
Some homes get multiple offers.
The average homes sell for about 2% above list price and go pending in around 92 days.
Hot homes
can sell for about 8% above list price and go pending in around 63 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 07605 housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in 07605.
Risk Factor
Flood Factor - Moderate
19% of properties are at risk of severe flooding over the next 30 years
Flood Factor
07605 has a moderate risk of flooding. 319 properties in 07605 are likely to be
severely affected
by flooding over the next 30 years. This represents 19% of all properties in 07605. Flood risk is increasing slower than the national average.
2% of properties are at risk of wildfire over the next 30 years
Fire Factor
07605 has a minor risk of wildfire. There are 67 properties in 07605 that have some risk of being affected by wildfire over the next 30 years. This represents 2% of all properties in 07605.
100% of properties are at major
risk of a severe wind event over the next 30 years
Wind Factor
07605 has a Major Wind Factor® risk based on the projected likelihood and speed of hurricane, tornado, or severe storm winds impacting it. 07605 is most at risk from hurricanes. 2,720 properties in 07605 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 87 mph.