The 08542 housing market is very competitive. The median sale price of a home in 08542 was $855K over the last 3 months, up 1.4% since the same period last year. The median sale price per square foot in 08542 is $626, down 13.6% since last year.
Over the three months ending August 2026, 08542 home prices were up 1.4% compared to the same period last year, selling for a median price of $855K. On average, homes in 08542 sell after 48 days on the market compared to 27 days last year. There were 14 homes sold in August this year, up from 14 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$854,630
+1.4% YoY | Aug 2026
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Aug 2026
Growth
% YoY
08542, NJ
$854,630
+1.4%
United States
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How hot is the 08542 housing market?
08542 is very competitive. Homes sell in 47.5 days.
0
100
75
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 12 months
Many homes get multiple offers, some with waived contingencies.
The average homes sell for about 3% above list price and go pending in around 48 days.
Hot homes
can sell for about 9% above list price and go pending in around 18 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 08542 housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in 08542.
Flood Factor - Minor
3% of properties are at risk of severe flooding over the next 30 years
Flood Factor
08542 has a minor risk of flooding. 9 properties in 08542 are likely to be
severely affected
by flooding over the next 30 years. This represents 3% of all properties in 08542. Flood risk is increasing slower than the national average.
100% of properties are at major
risk of a severe wind event over the next 30 years
Wind Factor
08542 has a Major Wind Factor® risk based on the projected likelihood and speed of hurricane, tornado, or severe storm winds impacting it. 08542 is most at risk from hurricanes. 1,269 properties in 08542 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 82 mph. In 30 years, an event of this same likelihood would show increased wind gusts of up to 92 mph.