The 08741 housing market is somewhat competitive. The median sale price of a home in 08741 was $537K last month, down 21.8% since last year. The median sale price per square foot in 08741 is $296, up 1.0% since last year.
In October 2024, 08741 home prices were down 21.8% compared to last year, selling for a median price of $537K. On average, homes in 08741 sell after 54 days on the market compared to 22 days last year. There were 8 homes sold in October this year, up from 6 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$537,450
-21.8% YoY | Oct 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Oct 2024
Growth
% YoY
08741, NJ
$537,450
-21.8%
United States
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How hot is the 08741 housing market?
08741 is somewhat competitive. Homes sell in 33 days.
0
100
61
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 around list price and go pending in around 33 days.
Hot homes
can sell for about 1% above list price and go pending in around 17 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 08741 housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in 08741.
Flood Factor - Moderate
30% of properties are at risk of severe flooding over the next 30 years
Flood Factor
08741 has a moderate risk of flooding. 231 properties in 08741 are likely to be
severely affected
by flooding over the next 30 years. This represents 30% of all properties in 08741. Flood risk is increasing faster than the national average.
98% of properties are at risk of wildfire over the next 30 years
Fire Factor
08741 has a moderate risk of wildfire. There are 1,285 properties in 08741 that have some risk of being affected by wildfire over the next 30 years. This represents 98% of all properties in 08741.
82% of properties are at severe
risk of a severe wind event over the next 30 years
Wind Factor
08741 has a Severe Wind Factor® risk based on the projected likelihood and speed of hurricane, tornado, or severe storm winds impacting it. 08741 is most at risk from hurricanes. 1,071 properties in 08741 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 119 mph. In 30 years, an event of this same likelihood would show increased wind gusts of up to 136 mph.