The 08402 housing market is not very competitive. The median sale price of a home in 08402 was $1.2M last month, up 37.1% since last year. The median sale price per square foot in 08402 is $736, up 22.1% since last year.
In May 2025, 08402 home prices were up 37.1% compared to last year, selling for a median price of $1.2M. On average, homes in 08402 sell after 102 days on the market compared to 89 days last year. There were 52 homes sold in May this year, up from 50 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$1,200,000
+37.1% YoY | May 2025
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
May 2025
Growth
% YoY
08402, NJ
$1,200,000
+37.1%
United States
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How hot is the 08402 housing market?
08402 is not very competitive. Homes sell in 112.5 days.
0
100
11
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 5% below list price and go pending in around 113 days.
Hot homes
can sell for about 2% below list price and go pending in around 64 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 08402 housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in 08402.
Flood Factor - Extreme
98% of properties are at risk of severe flooding over the next 30 years
Flood Factor
08402 has an extreme risk of flooding. 6,296 properties in 08402 are likely to be
severely affected
by flooding over the next 30 years. This represents 98% of all properties in 08402. Flood risk is increasing slower than the national average.
56% of properties are at risk of wildfire over the next 30 years
Fire Factor
08402 has a moderate risk of wildfire. There are 3,696 properties in 08402 that have some risk of being affected by wildfire over the next 30 years. This represents 56% of all properties in 08402.
100% of properties are at severe
risk of a severe wind event over the next 30 years
Wind Factor
08402 has a Severe Wind Factor® risk based on the projected likelihood and speed of hurricane, tornado, or severe storm winds impacting it. 08402 is most at risk from hurricanes. 6,539 properties in 08402 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 138 mph. In 30 years, an event of this same likelihood would show increased wind gusts of up to 159 mph.