The 08559 housing market is somewhat competitive. The median sale price of a home in 08559 was $725K last month, up 56.8% since last year. The median sale price per square foot in 08559 is $198, down 21.2% since last year.
In March 2024, 08559 home prices were up 56.8% compared to last year, selling for a median price of $725K. On average, homes in 08559 sell after 57 days on the market compared to 107 days last year. There were 5 homes sold in March this year, down from 10 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$725,000
+56.8% YoY | Mar 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Mar 2024
Growth
% YoY
08559, NJ
$725,000
+56.8%
United States
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How hot is the 08559 housing market?
08559 is somewhat competitive. Homes sell in 37 days.
0
100
64
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 9 months
Some homes get multiple offers.
The average homes sell for about 1% below list price and go pending in around 37 days.
Hot homes
can sell for about 3% above list price and go pending in around 19 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 08559 housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in 08559.
Risk Factor
Flood Factor - Extreme
22% of properties are at risk of severe flooding over the next 30 years
Flood Factor
08559 has an extreme risk of flooding. 540 properties in 08559 are likely to be
severely affected
by flooding over the next 30 years. This represents 22% of all properties in 08559. Flood risk is increasing slower than the national average.
93% of properties are at risk of wildfire over the next 30 years
Fire Factor
08559 has a moderate risk of wildfire. There are 2,528 properties in 08559 that have some risk of being affected by wildfire over the next 30 years. This represents 93% of all properties in 08559.
99% of properties are at major
risk of a severe wind event over the next 30 years
Wind Factor
08559 has a Major Wind Factor® risk based on the projected likelihood and speed of hurricane, tornado, or severe storm winds impacting it. 08559 is most at risk from hurricanes. 2,680 properties in 08559 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 84 mph. In 30 years, an event of this same likelihood would show increased wind gusts of up to 96 mph.