The 08204 housing market is somewhat competitive. The median sale price of a home in 08204 was $628K last month, up 2.0% since last year. The median sale price per square foot in 08204 is $407, up 8.1% since last year.
In March 2024, 08204 home prices were up 2.0% compared to last year, selling for a median price of $628K. On average, homes in 08204 sell after 30 days on the market compared to 56 days last year. There were 50 homes sold in March this year, down from 68 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$627,500
+2.0% YoY | Mar 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Mar 2024
Growth
% YoY
08204, NJ
$627,500
+2.0%
United States
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How hot is the 08204 housing market?
08204 is somewhat competitive. Homes sell in 35.5 days.
0
100
62
Somewhat 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
Some homes get multiple offers.
The average homes sell for about 2% below list price and go pending in around 36 days.
Hot homes
can sell for around list price and go pending in around 20 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 08204 housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in 08204.
Risk Factor
Flood Factor - Severe
63% of properties are at risk of severe flooding over the next 30 years
Flood Factor
08204 has a severe risk of flooding. 8,151 properties in 08204 are likely to be
severely affected
by flooding over the next 30 years. This represents 63% of all properties in 08204. Flood risk is increasing faster than the national average.
79% of properties are at risk of wildfire over the next 30 years
Fire Factor
08204 has a moderate risk of wildfire. There are 15,124 properties in 08204 that have some risk of being affected by wildfire over the next 30 years. This represents 79% of all properties in 08204.
100% of properties are at severe
risk of a severe wind event over the next 30 years
Wind Factor
08204 has a Severe Wind Factor® risk based on the projected likelihood and speed of hurricane, tornado, or severe storm winds impacting it. 08204 is most at risk from hurricanes. 19,007 properties in 08204 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 147 mph. In 30 years, an event of this same likelihood would show increased wind gusts of up to 168 mph.