The 08243 housing market is not very competitive. The median sale price of a home in 08243 was $1.7M last month, up 30.8% since last year. The median sale price per square foot in 08243 is $769, down 1.7% since last year.
In April 2024, 08243 home prices were up 30.8% compared to last year, selling for a median price of $1.7M. On average, homes in 08243 sell after 96 days on the market compared to 115 days last year. There were 39 homes sold in April this year, down from 40 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$1,700,000
+30.8% YoY | Apr 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Apr 2024
Growth
% YoY
08243, NJ
$1,700,000
+30.8%
United States
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How hot is the 08243 housing market?
08243 is not very competitive. Homes sell in 95.5 days.
0
100
19
Not 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
Multiple offers are rare.
The average homes sell for about 3% below list price and go pending in around 96 days.
Hot homes
can sell for around list price and go pending in around 23 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 08243 housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in 08243.
Risk Factor
Flood Factor - Extreme
92% of properties are at risk of severe flooding over the next 30 years
Flood Factor
08243 has an extreme risk of flooding. 12,104 properties in 08243 are likely to be
severely affected
by flooding over the next 30 years. This represents 92% of all properties in 08243. Flood risk is increasing slower than the national average.
64% of properties are at risk of wildfire over the next 30 years
Fire Factor
08243 has a major risk of wildfire. There are 8,759 properties in 08243 that have some risk of being affected by wildfire over the next 30 years. This represents 64% of all properties in 08243.
100% of properties are at severe
risk of a severe wind event over the next 30 years
Wind Factor
08243 has a Severe Wind Factor® risk based on the projected likelihood and speed of hurricane, tornado, or severe storm winds impacting it. 08243 is most at risk from hurricanes. 13,671 properties in 08243 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 152 mph. In 30 years, an event of this same likelihood would show increased wind gusts of up to 168 mph.