The 07724 housing market is very competitive. The median sale price of a home in 07724 was $550K last month, down 12.7% since last year. The median sale price per square foot in 07724 is $331, up 2.3% since last year.
In January 2025, 07724 home prices were down 12.7% compared to last year, selling for a median price of $550K. On average, homes in 07724 sell after 26 days on the market compared to 19 days last year. There were 52 homes sold in January this year, up from 37 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$550,000
-12.7% YoY | Jan 2025
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Jan 2025
Growth
% YoY
07724, NJ
$550,000
-12.7%
United States
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How hot is the 07724 housing market?
07724 is very competitive. Homes sell in 23.5 days.
0
100
85
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 1% below list price and go pending in around 24 days.
Hot homes
can sell for about 2% above list price and go pending in around 13 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 07724 housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in 07724.
Flood Factor - Minor
9% of properties are at risk of severe flooding over the next 30 years
Flood Factor
07724 has a minor risk of flooding. 459 properties in 07724 are likely to be
severely affected
by flooding over the next 30 years. This represents 9% of all properties in 07724. Flood risk is increasing slower than the national average.
21% of properties are at risk of wildfire over the next 30 years
Fire Factor
07724 has a moderate risk of wildfire. There are 1,685 properties in 07724 that have some risk of being affected by wildfire over the next 30 years. This represents 21% of all properties in 07724.
99% of properties are at severe
risk of a severe wind event over the next 30 years
Wind Factor
07724 has a Severe Wind Factor® risk based on the projected likelihood and speed of hurricane, tornado, or severe storm winds impacting it. 07724 is most at risk from hurricanes. 7,769 properties in 07724 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 111 mph. In 30 years, an event of this same likelihood would show increased wind gusts of up to 136 mph.