$3,646 Closing Credit*
$307,000
813 SqFt
1 Bed
•1 Full Bath
Listing Office: COLDWELL BANKER REALTY
Is 07013, NJ a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
Since last year, 07013 has remained a Seller's Market.
Key Takeaway
07013 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 07013, NJ
How much do homes in 07013, NJ cost?
Median Sold Price
$570,000
$301/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$45,000(+8.6%)
Key Takeaway
Homes in 07013 have sold for 8.6% more than they did a year ago.
Summary: The median home sold price in 07013 was $570,000 in November 2024, up 8.6% from last year, and the median price per square foot was $301.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $262.5K | $299K | +13.9% |
| 2 Bedrooms | $450K | $490K | +8.9% |
| 3 Bedrooms | $530K | $590K | +11.3% |
| 4 Bedrooms | $595K | $705K | +18.5% |
| 5+ Bedrooms | $645K | $885K | +37.2% |
Summary: 07013 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 13.9%, 2 bedroom homes increased by 8.9%, 3 bedroom homes increased by 11.3%, 4 bedroom homes increased by 18.5%, and 5+ bedroom homes increased by 37.2%.
Median Sold Price Compared To Nearby Zip Codes
| 07011 | $450K | $530K | +17.8% |
| 07012 | $500K | $588K | +17.6% |
| 07043 | $1.3M | $1.5M | +12.8% |
| 07013 | $525K | $570K | +8.6% |
Housing Supply in 07013, NJ
How many homes are available in 07013, NJ?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 96 | 89 | -7.3% |
Summary: The 07013 real estate market had 89 homes for sale in November 2024, a 7.3% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 8 | 7 | -12.5% |
| 2 Bedrooms | 19 | 17 | -10.5% |
| 3 Bedrooms | 31 | 28 | -9.7% |
| 4 Bedrooms | 33 | 33 | 0.0% |
| 5+ Bedrooms | 5 | 4 | -20.0% |
Summary: The 07013 housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 12.5%, 2 bedroom homes decreased by 10.5%, 3 bedroom homes decreased by 9.7%, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 20%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 27 | 15 | -44.4% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
13 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 07013, you could pay more than the asking price. 86.7% of homes here sold above asking price last month.
Summary: A total of 15 homes were sold or pending in 07013 in November 2024, down by 44.4% month-over-month. Of the 15 sold homes, 13% were sold under asking, 0% were sold at asking, and 87% were sold over asking.
Days on Market for 07013, NJ
We’re sorry, we don't have information for this market at the moment
