The 08085 housing market is very competitive. Homes in 08085 receive 2 offers on average and sell in around 24.5 days. The median sale price of a home in 08085 was $423K last month, up 18.5% since last year. The median sale price per square foot in 08085 is $199, down 3.6% since last year.
In October 2024, 08085 home prices were up 18.5% compared to last year, selling for a median price of $423K. On average, homes in 08085 sell after 25 days on the market compared to 15 days last year. There were 68 homes sold in October this year, up from 62 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$422,500
+18.5% YoY | Oct 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Oct 2024
Growth
% YoY
08085, NJ
$422,500
+18.5%
United States
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How hot is the 08085 housing market?
08085 is very competitive. Homes sell in 23 days.
0
100
86
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 2% above list price and go pending in around 23 days.
Hot homes
can sell for about 5% 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 08085 housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in 08085.
Flood Factor - Major
11% of properties are at risk of severe flooding over the next 30 years
Flood Factor
08085 has a major risk of flooding. 575 properties in 08085 are likely to be
severely affected
by flooding over the next 30 years. This represents 11% of all properties in 08085. Flood risk is increasing faster than the national average.
19% of properties are at risk of wildfire over the next 30 years
Fire Factor
08085 has a moderate risk of wildfire. There are 1,652 properties in 08085 that have some risk of being affected by wildfire over the next 30 years. This represents 19% of all properties in 08085.
100% of properties are at major
risk of a severe wind event over the next 30 years
Wind Factor
08085 has a Major Wind Factor® risk based on the projected likelihood and speed of hurricane, tornado, or severe storm winds impacting it. 08085 is most at risk from hurricanes. 8,469 properties in 08085 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 95 mph. In 30 years, an event of this same likelihood would show increased wind gusts of up to 108 mph.