Housing Prices in 07022, NJ

How much do homes in 07022, NJ cost?

Median List Price

$749,000

$422/sqft

Based on all homes listed in October 2024.

Difference Since Last Month

-$500(-0.1%)

Key Takeaway

The list price of homes in 07022 has remained the same since September.

Summary: The median home list price in 07022 was $749,000 in October 2024, down 0.1% from the previous month, and the median price per square foot was $422.

Median List Price By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 --
N/A
2 $365K$422.5K
+15.8%
3 $749K$718.5K
-4.1%
4 $650K$650K
0.0%
5+ $950K$967.5K
+1.8%

Summary: 07022 housing prices by bedroom type for October 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 15.8%, 3 bedroom homes decreased by 4.1%, 4 bedroom homes did not change, and 5+ bedroom homes increased by 1.8%.

Median List Price Compared To Nearby Zip Codes

07010
+2.5%
07047
0%
07022
-0.1%
07657
-14.3%

Housing Supply in 07022, NJ

How many homes are available in 07022, NJ?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
611+83.3%

Summary: The 07022 real estate market had 11 homes for sale in October 2024, a 83.3% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 12
+100.0%
3 12
+100.0%
4 13
+200.0%
5+ 34
+33.3%

Summary: The 07022 housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 100%, 3 bedroom homes increased by 100%, 4 bedroom homes increased by 200%, and 5+ bedroom homes increased by 33.3%.

Days on Market for 07022, NJ

How long does it take to sell a home in 07022, NJ?

Average Listing Age

Sep 2024Oct 2024CHANGE
92 Days70 Days-23.7%

Summary: Homes in 07022 had an average listing age of 70 days in Oct 2024, down by 23.7% compared to the previous month.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 20 Days Ago

Newest Listings in 07022, NJ

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