The 07881 housing market is very competitive. The median sale price of a home in 07881 was $395K last month, up 22.5% since last year. The median sale price per square foot in 07881 is $258, down 21.6% since last year.
In October 2024, 07881 home prices were up 22.5% compared to last year, selling for a median price of $395K. On average, homes in 07881 sell after 19 days on the market compared to 22 days last year. There were 8 homes sold in October this year, up from 6 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$395,000
+22.5% YoY | Oct 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Oct 2024
Growth
% YoY
07881, NJ
$395,000
+22.5%
United States
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How hot is the 07881 housing market?
07881 is very competitive. Homes sell in 19 days.
0
100
79
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 12 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 8% above list price and go pending in around 16 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 07881 housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in 07881.
Flood Factor - Moderate
23% of properties are at risk of severe flooding over the next 30 years
Flood Factor
07881 has a moderate risk of flooding. 581 properties in 07881 are likely to be
severely affected
by flooding over the next 30 years. This represents 23% of all properties in 07881. Flood risk is increasing slower than the national average.
91% of properties are at risk of wildfire over the next 30 years
Fire Factor
07881 has a moderate risk of wildfire. There are 3,509 properties in 07881 that have some risk of being affected by wildfire over the next 30 years. This represents 91% of all properties in 07881.
100% of properties are at moderate
risk of a severe wind event over the next 30 years
Wind Factor
07881 has a Moderate Wind Factor® risk based on the projected likelihood and speed of hurricane, tornado, or severe storm winds impacting it. 07881 is most at risk from hurricanes. 3,835 properties in 07881 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 68 mph. In 30 years, an event of this same likelihood would show increased wind gusts of up to 76 mph.