The 07874 housing market is very competitive. The median sale price of a home in 07874 was $337K last month, up 12.4% since last year. The median sale price per square foot in 07874 is $238, down 1.9% since last year.
In March 2024, 07874 home prices were up 12.4% compared to last year, selling for a median price of $337K. On average, homes in 07874 sell after 21 days on the market compared to 51 days last year. There were 25 homes sold in March this year, up from 11 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$337,000
+12.4% YoY | Mar 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Mar 2024
Growth
% YoY
07874, NJ
$337,000
+12.4%
United States
To compare other locations to the 07874 and U.S. housing market, enter a city, neighborhood, state, or zip code into the search bar. Learn which home features in New Jersey add value to a home.
How much is your home worth? Track your home’s value and compare it to nearby sales.
How hot is the 07874 housing market?
07874 is very competitive. Homes sell in 21 days.
0
100
89
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 6 months
Many homes get multiple offers, some with waived contingencies.
The average homes sell for about 4% above list price and go pending in around 21 days.
Hot homes
can sell for about 9% 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 07874 housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in 07874.
Risk Factor
Flood Factor - Major
29% of properties are at risk of severe flooding over the next 30 years
Flood Factor
07874 has a major risk of flooding. 911 properties in 07874 are likely to be
severely affected
by flooding over the next 30 years. This represents 29% of all properties in 07874. Flood risk is increasing slower than the national average.
86% of properties are at risk of wildfire over the next 30 years
Fire Factor
07874 has a moderate risk of wildfire. There are 3,755 properties in 07874 that have some risk of being affected by wildfire over the next 30 years. This represents 86% of all properties in 07874.
88% of properties are at moderate
risk of a severe wind event over the next 30 years
Wind Factor
07874 has a Moderate Wind Factor® risk based on the projected likelihood and speed of hurricane, tornado, or severe storm winds impacting it. 07874 is most at risk from hurricanes. 3,833 properties in 07874 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 84 mph.