The 08005 housing market is very competitive. The median sale price of a home in 08005 was $418K last month, down 4.0% since last year. The median sale price per square foot in 08005 is $247, up 8.3% since last year.
In March 2024, 08005 home prices were down 4.0% compared to last year, selling for a median price of $418K. On average, homes in 08005 sell after 34 days on the market compared to 58 days last year. There were 100 homes sold in March this year, down from 103 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$417,500
-4.0% YoY | Mar 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Mar 2024
Growth
% YoY
08005, NJ
$417,500
-4.0%
United States
To compare other locations to the 08005 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.
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How hot is the 08005 housing market?
08005 is very competitive. Homes sell in 33 days.
0
100
74
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 around list price and go pending in around 33 days.
Hot homes
can sell for about 2% above list price and go pending in around 15 days.
This area's enrollment policy is not based solely on geography. Please check the school district website for more information.
GreatSchools Rating
7/10
Joseph T Donahue Elementary School
Public • 3-4
278
Students
3 reviews
7/10
McKinley Ave Elementary School
Public • 3-4
570
Students
2 reviews
6/10
Frederic A Priff Elementary School
Public • 3-6
198
Students
3 reviews
5/10
Stafford Intermediate School
Public • 5-6
651
Students
2 reviews
4/10
Forked River Elementary School
Public • K-4
391
Students
3 reviews
Only showing 5 of
10 elementary schools.
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 08005 housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in 08005.
Risk Factor
Flood Factor - Major
18% of properties are at risk of severe flooding over the next 30 years
Flood Factor
08005 has a major risk of flooding. 2,169 properties in 08005 are likely to be
severely affected
by flooding over the next 30 years. This represents 18% of all properties in 08005. Flood risk is increasing slower than the national average.
98% of properties are at risk of wildfire over the next 30 years
Fire Factor
08005 has a major risk of wildfire. There are 16,807 properties in 08005 that have some risk of being affected by wildfire over the next 30 years. This represents 98% of all properties in 08005.
68% of properties are at severe
risk of a severe wind event over the next 30 years
Wind Factor
08005 has a Severe Wind Factor® risk based on the projected likelihood and speed of hurricane, tornado, or severe storm winds impacting it. 08005 is most at risk from hurricanes. 11,705 properties in 08005 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 136 mph. In 30 years, an event of this same likelihood would show increased wind gusts of up to 157 mph.