The 08061 housing market is very competitive. The median sale price of a home in 08061 was $440K last month, up 33.4% since last year. The median sale price per square foot in 08061 is $192, down 6.3% since last year.
In March 2024, 08061 home prices were up 33.4% compared to last year, selling for a median price of $440K. On average, homes in 08061 sell after 14 days on the market compared to 8 days last year. There were 12 homes sold in March this year, up from 7 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$440,000
+33.4% YoY | Mar 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Mar 2024
Growth
% YoY
08061, NJ
$440,000
+33.4%
United States
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How hot is the 08061 housing market?
08061 is very competitive. Homes sell in 20 days.
0
100
87
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 9 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 20 days.
Hot homes
can sell for about 3% above list price and go pending in around 10 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 08061 housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in 08061.
Risk Factor
Flood Factor - Minor
7% of properties are at risk of severe flooding over the next 30 years
Flood Factor
08061 has a minor risk of flooding. 49 properties in 08061 are likely to be
severely affected
by flooding over the next 30 years. This represents 7% of all properties in 08061. Flood risk is increasing faster than the national average.
9% of properties are at risk of wildfire over the next 30 years
Fire Factor
08061 has a moderate risk of wildfire. There are 105 properties in 08061 that have some risk of being affected by wildfire over the next 30 years. This represents 9% of all properties in 08061.
100% of properties are at major
risk of a severe wind event over the next 30 years
Wind Factor
08061 has a Major Wind Factor® risk based on the projected likelihood and speed of hurricane, tornado, or severe storm winds impacting it. 08061 is most at risk from hurricanes. 1,127 properties in 08061 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 90 mph. In 30 years, an event of this same likelihood would show increased wind gusts of up to 105 mph.