The 07850 housing market is very competitive. The median sale price of a home in 07850 was $468K last month, up 41.8% since last year. The median sale price per square foot in 07850 is $309, up 40.1% since last year.
In March 2024, 07850 home prices were up 41.8% compared to last year, selling for a median price of $468K. On average, homes in 07850 sell after 21 days on the market compared to 39 days last year. There were 11 homes sold in March this year, up from 7 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$468,000
+41.8% YoY | Mar 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Mar 2024
Growth
% YoY
07850, NJ
$468,000
+41.8%
United States
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How hot is the 07850 housing market?
07850 is very competitive. Homes sell in 24.5 days.
0
100
87
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 9 months
Many homes get multiple offers, some with waived contingencies.
The average homes sell for about 7% above list price and go pending in around 25 days.
Hot homes
can sell for about 13% 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 07850 housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in 07850.
Risk Factor
Flood Factor - Moderate
13% of properties are at risk of severe flooding over the next 30 years
Flood Factor
07850 has a moderate risk of flooding. 223 properties in 07850 are likely to be
severely affected
by flooding over the next 30 years. This represents 13% of all properties in 07850. Flood risk is increasing slower than the national average.
93% of properties are at risk of wildfire over the next 30 years
Fire Factor
07850 has a moderate risk of wildfire. There are 2,367 properties in 07850 that have some risk of being affected by wildfire over the next 30 years. This represents 93% of all properties in 07850.
60% of properties are at moderate
risk of a severe wind event over the next 30 years
Wind Factor
07850 has a Major Wind Factor® risk based on the projected likelihood and speed of hurricane, tornado, or severe storm winds impacting it. 07850 is most at risk from hurricanes. 1,539 properties in 07850 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 74 mph. In 30 years, an event of this same likelihood would show increased wind gusts of up to 87 mph.