The 08037 housing market is very competitive. The median sale price of a home in 08037 was $329K last month, up 1.1% since last year. The median sale price per square foot in 08037 is $196, down 8.4% since last year.
In October 2024, 08037 home prices were up 1.1% compared to last year, selling for a median price of $329K. On average, homes in 08037 sell after 33 days on the market compared to 26 days last year. There were 52 homes sold in October this year, down from 59 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$328,600
+1.1% YoY | Oct 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Oct 2024
Growth
% YoY
08037, NJ
$328,600
+1.1%
United States
To compare other locations to the 08037 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 08037 housing market?
08037 is very competitive. Homes sell in 28 days.
0
100
78
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 about 1% below list price and go pending in around 28 days.
Hot homes
can sell for about 1% above list price and go pending in around 7 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 08037 housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in 08037.
Flood Factor - Minor
18% of properties are at risk of severe flooding over the next 30 years
Flood Factor
08037 has a minor risk of flooding. 1,430 properties in 08037 are likely to be
severely affected
by flooding over the next 30 years. This represents 18% of all properties in 08037. Flood risk is increasing slower than the national average.
99% of properties are at risk of wildfire over the next 30 years
Fire Factor
08037 has a major risk of wildfire. There are 13,194 properties in 08037 that have some risk of being affected by wildfire over the next 30 years. This represents 99% of all properties in 08037.
88% of properties are at major
risk of a severe wind event over the next 30 years
Wind Factor
08037 has a Major Wind Factor® risk based on the projected likelihood and speed of hurricane, tornado, or severe storm winds impacting it. 08037 is most at risk from hurricanes. 11,738 properties in 08037 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 108 mph. In 30 years, an event of this same likelihood would show increased wind gusts of up to 120 mph.