The 07823 housing market is somewhat competitive. The median sale price of a home in 07823 was $338K last month, down 2.9% since last year. The median sale price per square foot in 07823 is $270, up 17.9% since last year.
In October 2024, 07823 home prices were down 2.9% compared to last year, selling for a median price of $338K. On average, homes in 07823 sell after 50 days on the market compared to 30 days last year. There were 30 homes sold in October this year, down from 36 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$337,500
-2.9% YoY | Oct 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Oct 2024
Growth
% YoY
07823, NJ
$337,500
-2.9%
United States
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How hot is the 07823 housing market?
07823 is somewhat competitive. Homes sell in 48 days.
0
100
63
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 around list price and go pending in around 48 days.
Hot homes
can sell for about 6% above list price and go pending in around 22 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 07823 housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in 07823.
Flood Factor - Major
35% of properties are at risk of severe flooding over the next 30 years
Flood Factor
07823 has a major risk of flooding. 1,007 properties in 07823 are likely to be
severely affected
by flooding over the next 30 years. This represents 35% of all properties in 07823. Flood risk is increasing slower than the national average.
66% of properties are at risk of wildfire over the next 30 years
Fire Factor
07823 has a moderate risk of wildfire. There are 2,359 properties in 07823 that have some risk of being affected by wildfire over the next 30 years. This represents 66% of all properties in 07823.
97% of properties are at moderate
risk of a severe wind event over the next 30 years
Wind Factor
07823 has a Moderate Wind Factor® risk based on the projected likelihood and speed of hurricane, tornado, or severe storm winds impacting it. 07823 is most at risk from hurricanes. 3,489 properties in 07823 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 73 mph. In 30 years, an event of this same likelihood would show increased wind gusts of up to 83 mph.