The 07640 housing market is somewhat competitive. The median sale price of a home in 07640 was $902K last month, up 14.1% since last year. The median sale price per square foot in 07640 is $564, up 54.7% since last year.
In October 2024, 07640 home prices were up 14.1% compared to last year, selling for a median price of $902K. On average, homes in 07640 sell after 99 days on the market compared to 69 days last year. There were 12 homes sold in October this year, down from 13 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$901,500
+14.1% YoY | Oct 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Oct 2024
Growth
% YoY
07640, NJ
$901,500
+14.1%
United States
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How hot is the 07640 housing market?
07640 is somewhat competitive. Homes sell in 82.5 days.
0
100
53
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 6 months
Some homes get multiple offers.
The average homes sell for about 4% above list price and go pending in around 83 days.
Hot homes
can sell for about 13% above list price and go pending in around 70 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 07640 housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in 07640.
Flood Factor - Minor
19% of properties are at risk of severe flooding over the next 30 years
Flood Factor
07640 has a minor risk of flooding. 155 properties in 07640 are likely to be
severely affected
by flooding over the next 30 years. This represents 19% of all properties in 07640. Flood risk is increasing slower than the national average.
4% of properties are at risk of wildfire over the next 30 years
Fire Factor
07640 has a moderate risk of wildfire. There are 82 properties in 07640 that have some risk of being affected by wildfire over the next 30 years. This represents 4% of all properties in 07640.
100% of properties are at major
risk of a severe wind event over the next 30 years
Wind Factor
07640 has a Major Wind Factor® risk based on the projected likelihood and speed of hurricane, tornado, or severe storm winds impacting it. 07640 is most at risk from hurricanes. 1,736 properties in 07640 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 88 mph. In 30 years, an event of this same likelihood would show increased wind gusts of up to 99 mph.