The 08089 housing market is very competitive. The median sale price of a home in 08089 was $323K last month, up 23.6% since last year. The median sale price per square foot in 08089 is $298, up 8.5% since last year.
In March 2024, 08089 home prices were up 23.6% compared to last year, selling for a median price of $323K. On average, homes in 08089 sell after 19 days on the market compared to 25 days last year. There were 8 homes sold in March this year, down from 14 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$322,500
+23.6% YoY | Mar 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Mar 2024
Growth
% YoY
08089, NJ
$322,500
+23.6%
United States
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How hot is the 08089 housing market?
08089 is very competitive. Homes sell in 26 days.
0
100
83
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 26 days.
Hot homes
can sell for about 4% 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 08089 housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in 08089.
Risk Factor
Flood Factor - Moderate
11% of properties are at risk of severe flooding over the next 30 years
Flood Factor
08089 has a moderate risk of flooding. 184 properties in 08089 are likely to be
severely affected
by flooding over the next 30 years. This represents 11% of all properties in 08089. Flood risk is increasing slower than the national average.
99% of properties are at risk of wildfire over the next 30 years
Fire Factor
08089 has a moderate risk of wildfire. There are 2,511 properties in 08089 that have some risk of being affected by wildfire over the next 30 years. This represents 99% of all properties in 08089.
94% of properties are at major
risk of a severe wind event over the next 30 years
Wind Factor
08089 has a Major Wind Factor® risk based on the projected likelihood and speed of hurricane, tornado, or severe storm winds impacting it. 08089 is most at risk from hurricanes. 2,369 properties in 08089 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 104 mph. In 30 years, an event of this same likelihood would show increased wind gusts of up to 119 mph.