The 08062 housing market is very competitive. The median sale price of a home in 08062 was $525K last month, down 1.0% since last year. The median sale price per square foot in 08062 is $243, up 22.7% since last year.
In October 2024, 08062 home prices were down 1.0% compared to last year, selling for a median price of $525K. On average, homes in 08062 sell after 26 days on the market compared to 24 days last year. There were 49 homes sold in October this year, down from 63 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$524,550
-1.0% YoY | Oct 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Oct 2024
Growth
% YoY
08062, NJ
$524,550
-1.0%
United States
To compare other locations to the 08062 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.
How much is your home worth? Track your home’s value and compare it to nearby sales.
Work with the best agents in 08062
Redfin agents are among the most experienced in the industry, so we know how to help you win in today's market.
How hot is the 08062 housing market?
08062 is very competitive. Homes sell in 24 days.
0
100
81
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 24 days.
Hot homes
can sell for about 2% 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 08062 housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in 08062.
Flood Factor - Minor
6% of properties are at risk of severe flooding over the next 30 years
Flood Factor
08062 has a minor risk of flooding. 264 properties in 08062 are likely to be
severely affected
by flooding over the next 30 years. This represents 6% of all properties in 08062. Flood risk is increasing slower than the national average.
89% of properties are at risk of wildfire over the next 30 years
Fire Factor
08062 has a moderate risk of wildfire. There are 5,556 properties in 08062 that have some risk of being affected by wildfire over the next 30 years. This represents 89% of all properties in 08062.
99% of properties are at major
risk of a severe wind event over the next 30 years
Wind Factor
08062 has a Major Wind Factor® risk based on the projected likelihood and speed of hurricane, tornado, or severe storm winds impacting it. 08062 is most at risk from hurricanes. 6,173 properties in 08062 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 96 mph. In 30 years, an event of this same likelihood would show increased wind gusts of up to 111 mph.