The 08816 housing market is very competitive. Homes in 08816 receive 5 offers on average and sell in around 58 days. The median sale price of a home in 08816 was $620K last month, down 0.8% since last year. The median sale price per square foot in 08816 is $339, down 2.6% since last year.
In June 2025, 08816 home prices were down 0.8% compared to last year, selling for a median price of $620K. On average, homes in 08816 sell after 58 days on the market compared to 57 days last year. There were 129 homes sold in June this year, down from 139 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$620,000
-0.8% YoY | Jun 2025
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Jun 2025
Growth
% YoY
08816, NJ
$620,000
-0.8%
United States
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How hot is the 08816 housing market?
08816 is very competitive. Homes sell in 59 days.
0
100
73
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 3 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 59 days.
Hot homes
can sell for about 7% above list price and go pending in around 43 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 08816 housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in 08816.
Flood Factor - Moderate
11% of properties are at risk of severe flooding over the next 30 years
Flood Factor
08816 has a moderate risk of flooding. 1,201 properties in 08816 are likely to be
severely affected
by flooding over the next 30 years. This represents 11% of all properties in 08816. Flood risk is increasing slower than the national average.
55% of properties are at risk of wildfire over the next 30 years
Fire Factor
08816 has a moderate risk of wildfire. There are 9,683 properties in 08816 that have some risk of being affected by wildfire over the next 30 years. This represents 55% of all properties in 08816.
100% of properties are at major
risk of a severe wind event over the next 30 years
Wind Factor
08816 has a Major Wind Factor® risk based on the projected likelihood and speed of hurricane, tornado, or severe storm winds impacting it. 08816 is most at risk from hurricanes. 17,354 properties in 08816 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 87 mph. In 30 years, an event of this same likelihood would show increased wind gusts of up to 99 mph.