The 08312 housing market is somewhat competitive. The median sale price of a home in 08312 was $290K last month, up 34.3% since last year. The median sale price per square foot in 08312 is $180, up 1.1% since last year.
In March 2024, 08312 home prices were up 34.3% compared to last year, selling for a median price of $290K. On average, homes in 08312 sell after 73 days on the market compared to 27 days last year. There were 22 homes sold in March this year, down from 23 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$290,000
+34.3% YoY | Mar 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Mar 2024
Growth
% YoY
08312, NJ
$290,000
+34.3%
United States
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How hot is the 08312 housing market?
08312 is somewhat competitive. Homes sell in 53 days.
0
100
63
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 1% above list price and go pending in around 53 days.
Hot homes
can sell for about 6% above 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 08312 housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in 08312.
Risk Factor
Flood Factor - Minor
14% of properties are at risk of severe flooding over the next 30 years
Flood Factor
08312 has a minor risk of flooding. 243 properties in 08312 are likely to be
severely affected
by flooding over the next 30 years. This represents 14% of all properties in 08312. Flood risk is increasing slower than the national average.
60% of properties are at risk of wildfire over the next 30 years
Fire Factor
08312 has a moderate risk of wildfire. There are 1,891 properties in 08312 that have some risk of being affected by wildfire over the next 30 years. This represents 60% of all properties in 08312.
100% of properties are at major
risk of a severe wind event over the next 30 years
Wind Factor
08312 has a Major Wind Factor® risk based on the projected likelihood and speed of hurricane, tornado, or severe storm winds impacting it. 08312 is most at risk from hurricanes. 3,147 properties in 08312 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 113 mph.