The 08403 housing market is not very competitive. The median sale price of a home in 08403 was $1.3M last month, down 38.2% since last year. The median sale price per square foot in 08403 is $1.14K, up 76.4% since last year.
In October 2024, 08403 home prices were down 38.2% compared to last year, selling for a median price of $1.3M. On average, homes in 08403 sell after 84 days on the market compared to 124 days last year. There were 16 homes sold in October this year, up from 9 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$1,297,500
-38.2% YoY | Oct 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Oct 2024
Growth
% YoY
08403, NJ
$1,297,500
-38.2%
United States
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How hot is the 08403 housing market?
08403 is not very competitive. Homes sell in 74 days.
0
100
24
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 9 months
Multiple offers are rare.
The average homes sell for about 4% below list price and go pending in around 74 days.
Hot homes
can sell for around list price and go pending in around 54 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 08403 housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in 08403.
Flood Factor - Severe
97% of properties are at risk of severe flooding over the next 30 years
Flood Factor
08403 has a severe risk of flooding. 1,277 properties in 08403 are likely to be
severely affected
by flooding over the next 30 years. This represents 97% of all properties in 08403. Flood risk is increasing slower than the national average.
90% of properties are at risk of wildfire over the next 30 years
Fire Factor
08403 has a moderate risk of wildfire. There are 1,231 properties in 08403 that have some risk of being affected by wildfire over the next 30 years. This represents 90% of all properties in 08403.
100% of properties are at severe
risk of a severe wind event over the next 30 years
Wind Factor
08403 has a Severe Wind Factor® risk based on the projected likelihood and speed of hurricane, tornado, or severe storm winds impacting it. 08403 is most at risk from hurricanes. 1,363 properties in 08403 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 145 mph. In 30 years, an event of this same likelihood would show increased wind gusts of up to 165 mph.