The 08562 housing market is somewhat competitive. The median sale price of a home in 08562 was $112K last month, down 71.3% since last year. The median sale price per square foot in 08562 is $107, down 23.6% since last year.
In April 2024, 08562 home prices were down 71.3% compared to last year, selling for a median price of $112K. On average, homes in 08562 sell after 16 days on the market compared to 128 days last year. There were 6 homes sold in April this year, up from 4 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$111,500
-71.3% YoY | Apr 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Apr 2024
Growth
% YoY
08562, NJ
$111,500
-71.3%
United States
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How hot is the 08562 housing market?
08562 is somewhat competitive. Homes sell in 27 days.
0
100
66
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 12 months
Some homes get multiple offers.
The average homes sell for about 2% below list price and go pending in around 27 days.
Hot homes
can sell for about 3% above list price and go pending in around 13 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 08562 housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in 08562.
Risk Factor
Flood Factor - Minor
6% of properties are at risk of severe flooding over the next 30 years
Flood Factor
08562 has a minor risk of flooding. 77 properties in 08562 are likely to be
severely affected
by flooding over the next 30 years. This represents 6% of all properties in 08562. Flood risk is increasing slower than the national average.
51% of properties are at risk of wildfire over the next 30 years
Fire Factor
08562 has a moderate risk of wildfire. There are 841 properties in 08562 that have some risk of being affected by wildfire over the next 30 years. This represents 51% of all properties in 08562.
100% of properties are at major
risk of a severe wind event over the next 30 years
Wind Factor
08562 has a Major Wind Factor® risk based on the projected likelihood and speed of hurricane, tornado, or severe storm winds impacting it. 08562 is most at risk from hurricanes. 1,622 properties in 08562 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 96 mph. In 30 years, an event of this same likelihood would show increased wind gusts of up to 110 mph.