The 07642 housing market is somewhat competitive. The median sale price of a home in 07642 was $710K last month, up 19.3% since last year. The median sale price per square foot in 07642 is $458, up 40.6% since last year.
In March 2024, 07642 home prices were up 19.3% compared to last year, selling for a median price of $710K. On average, homes in 07642 sell after 94 days on the market compared to 119 days last year. There were 13 homes sold in March this year, down from 21 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$710,000
+19.3% YoY | Mar 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Mar 2024
Growth
% YoY
07642, NJ
$710,000
+19.3%
United States
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How hot is the 07642 housing market?
07642 is somewhat competitive. Homes sell in 66.5 days.
0
100
65
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 5% above list price and go pending in around 67 days.
Hot homes
can sell for about 9% above list price and go pending in around 53 days.
Christie's International Real Estate Group-Mahwah/Saddle River Regional Office Christie's International Real Estate Group-Mahwah/Saddle River Regional Office
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 07642 housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in 07642.
Risk Factor
Flood Factor - Major
18% of properties are at risk of severe flooding over the next 30 years
Flood Factor
07642 has a major risk of flooding. 454 properties in 07642 are likely to be
severely affected
by flooding over the next 30 years. This represents 18% of all properties in 07642. Flood risk is increasing slower than the national average.
40% of properties are at risk of wildfire over the next 30 years
Fire Factor
07642 has a moderate risk of wildfire. There are 1,524 properties in 07642 that have some risk of being affected by wildfire over the next 30 years. This represents 40% of all properties in 07642.
99% of properties are at major
risk of a severe wind event over the next 30 years
Wind Factor
07642 has a Major Wind Factor® risk based on the projected likelihood and speed of hurricane, tornado, or severe storm winds impacting it. 07642 is most at risk from hurricanes. 3,713 properties in 07642 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 83 mph. In 30 years, an event of this same likelihood would show increased wind gusts of up to 92 mph.