The 07748 housing market is very competitive. The median sale price of a home in 07748 was $636K last month, down 5.2% since last year. The median sale price per square foot in 07748 is $363, up 11.9% since last year.
In October 2024, 07748 home prices were down 5.2% compared to last year, selling for a median price of $636K. On average, homes in 07748 sell after 16 days on the market compared to 18 days last year. There were 80 homes sold in October this year, down from 84 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$636,000
-5.2% YoY | Oct 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Oct 2024
Growth
% YoY
07748, NJ
$636,000
-5.2%
United States
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How hot is the 07748 housing market?
07748 is very competitive. Homes sell in 19 days.
0
100
88
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 2% above list price and go pending in around 19 days.
Hot homes
can sell for about 7% above list price and go pending in around 14 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 07748 housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in 07748.
Flood Factor - Moderate
26% of properties are at risk of severe flooding over the next 30 years
Flood Factor
07748 has a moderate risk of flooding. 1,914 properties in 07748 are likely to be
severely affected
by flooding over the next 30 years. This represents 26% of all properties in 07748. Flood risk is increasing slower than the national average.
32% of properties are at risk of wildfire over the next 30 years
Fire Factor
07748 has a moderate risk of wildfire. There are 3,148 properties in 07748 that have some risk of being affected by wildfire over the next 30 years. This represents 32% of all properties in 07748.
67% of properties are at major
risk of a severe wind event over the next 30 years
Wind Factor
07748 has a Severe Wind Factor® risk based on the projected likelihood and speed of hurricane, tornado, or severe storm winds impacting it. 07748 is most at risk from hurricanes. 6,469 properties in 07748 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 125 mph. In 30 years, an event of this same likelihood would show increased wind gusts of up to 147 mph.