The 08008 housing market is somewhat competitive. The median sale price of a home in 08008 was $1.9M last month, up 9.4% since last year. The median sale price per square foot in 08008 is $890, up 5.1% since last year.
In October 2024, 08008 home prices were up 9.4% compared to last year, selling for a median price of $1.9M. On average, homes in 08008 sell after 66 days on the market compared to 69 days last year. There were 106 homes sold in October this year, up from 96 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$1,899,500
+9.4% YoY | Oct 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Oct 2024
Growth
% YoY
08008, NJ
$1,899,500
+9.4%
United States
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How hot is the 08008 housing market?
08008 is somewhat competitive. Homes sell in 63 days.
0
100
44
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 3 months
Some homes get multiple offers.
The average homes sell for about 3% below list price and go pending in around 63 days.
Hot homes
can sell for around list price and go pending in around 24 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 08008 housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in 08008.
Flood Factor - Moderate
43% of properties are at risk of severe flooding over the next 30 years
Flood Factor
08008 has a moderate risk of flooding. 5,020 properties in 08008 are likely to be
severely affected
by flooding over the next 30 years. This represents 43% of all properties in 08008. Flood risk is increasing slower than the national average.
98% of properties are at risk of wildfire over the next 30 years
Fire Factor
08008 has a moderate risk of wildfire. There are 14,229 properties in 08008 that have some risk of being affected by wildfire over the next 30 years. This represents 98% of all properties in 08008.
69% of properties are at severe
risk of a severe wind event over the next 30 years
Wind Factor
08008 has a Severe Wind Factor® risk based on the projected likelihood and speed of hurricane, tornado, or severe storm winds impacting it. 08008 is most at risk from hurricanes. 10,105 properties in 08008 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.