The 08401 housing market is not very competitive. The median sale price of a home in 08401 was $230K last month, up 8.4% since last year. The median sale price per square foot in 08401 is $196, down 16.4% since last year.
In October 2024, 08401 home prices were up 8.4% compared to last year, selling for a median price of $230K. On average, homes in 08401 sell after 103 days on the market compared to 72 days last year. There were 105 homes sold in October this year, down from 140 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$230,000
+8.4% YoY | Oct 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Oct 2024
Growth
% YoY
08401, NJ
$230,000
+8.4%
United States
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How hot is the 08401 housing market?
08401 is not very competitive. Homes sell in 112 days.
0
100
12
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 6% below list price and go pending in around 112 days.
Hot homes
can sell for around list price and go pending in around 62 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 08401 housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in 08401.
Flood Factor - Severe
95% of properties are at risk of severe flooding over the next 30 years
Flood Factor
08401 has a severe risk of flooding. 10,543 properties in 08401 are likely to be
severely affected
by flooding over the next 30 years. This represents 95% of all properties in 08401. Flood risk is increasing slower than the national average.
29% of properties are at risk of wildfire over the next 30 years
Fire Factor
08401 has a moderate risk of wildfire. There are 3,585 properties in 08401 that have some risk of being affected by wildfire over the next 30 years. This represents 29% of all properties in 08401.
100% of properties are at severe
risk of a severe wind event over the next 30 years
Wind Factor
08401 has a Severe Wind Factor® risk based on the projected likelihood and speed of hurricane, tornado, or severe storm winds impacting it. 08401 is most at risk from hurricanes. 12,223 properties in 08401 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 143 mph. In 30 years, an event of this same likelihood would show increased wind gusts of up to 164 mph.