$6,234 Closing Credit*
$525,000
4 Beds
•2 Full Baths
Regina M. Martino, Listing Office: Redfin Corporation
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
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $365K | $422.5K | +15.8% |
| 3 Bedrooms | $749K | $718.5K | -4.1% |
| 4 Bedrooms | $650K | $650K | 0.0% |
| 5+ Bedrooms | $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%.
Housing Supply in 07022, NJ
How many homes are available in 07022, NJ?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 6 | 11 | +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
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 1 | 2 | +100.0% |
| 3 Bedrooms | 1 | 2 | +100.0% |
| 4 Bedrooms | 1 | 3 | +200.0% |
| 5+ Bedrooms | 3 | 4 | +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 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 92 Days | 70 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.
