$6,519 Closing Credit*
$549,000
4,356 SqFt
3 Beds
•2 Full Baths, 1 Partial
Listing Office: PREMIER HOMES
Is 07036, NJ a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
At the same time last year, 07036 was a Seller's Market.
Key Takeaway
07036 is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.
Housing Prices in 07036, NJ
How much do homes in 07036, NJ cost?
Median Sold Price
$525,000
$370/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$60,000(+12.9%)
Key Takeaway
Homes in 07036 have sold for 12.9% more than they did a year ago.
Summary: The median home sold price in 07036 was $525,000 in October 2024, up 12.9% from last year, and the median price per square foot was $370.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $204.5K | $231.2K | +13.1% |
| 2 Bedrooms | $340K | $385K | +13.2% |
| 3 Bedrooms | $488K | $526K | +7.8% |
| 4 Bedrooms | $520K | $587K | +12.9% |
| 5+ Bedrooms | $632K | $660K | +4.4% |
Summary: 07036 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 13.1%, 2 bedroom homes increased by 13.2%, 3 bedroom homes increased by 7.8%, 4 bedroom homes increased by 12.9%, and 5+ bedroom homes increased by 4.4%.
Housing Supply in 07036, NJ
How many homes are available in 07036, NJ?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 116 | 125 | +7.8% |
Summary: The 07036 real estate market had 125 homes for sale in October 2024, a 7.8% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 15 | 14 | -6.7% |
| 3 Bedrooms | 48 | 49 | +2.1% |
| 4 Bedrooms | 37 | 42 | +13.5% |
| 5+ Bedrooms | 15 | 19 | +26.7% |
Summary: The 07036 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 decreased by 6.7%, 3 bedroom homes increased by 2.1%, 4 bedroom homes increased by 13.5%, and 5+ bedroom homes increased by 26.7%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 18 | 19 | +5.6% |
Asking Price vs. Sold Price
8 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
11 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 07036, you could pay more than the asking price. 57.9% of homes here sold above asking price last month.
Summary: A total of 19 homes were sold or pending in 07036 in October 2024, up by 5.6% month-over-month. Of the 19 sold homes, 42% were sold under asking, 0% were sold at asking, and 58% were sold over asking.
Days on Market for 07036, NJ
How long does it take to sell a home in 07036, NJ?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 4 Days | 102 Days | +2253.8% |
Summary: Homes in 07036 had an average of 102 days on market in Oct 2024, up by 2253.8% compared to last year.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in 07036 has remained consistent over time.
Summary: During October 2024, 19 homes were sold in 07036; 0% of homes were sold within 30 days, 5% of homes were sold within 30 to 90 days, and 5% of homes were sold over 90 days.
The data relating to real estate for sale on this web-site comes in part from the Internet Listing Display database of the CENTRAL JERSEY MULTIPLE LISTING SYSTEM. Real estate listings held by brokerage firms other than this site-owner are marked with the ILD logo. The CENTRAL JERSEY MULTIPLE LISTING SYSTEM does not warrant the accuracy, quality, reliability, suitability, completeness, usefulness or effectiveness of any information provided. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify properties the consumer may be interested in purchasing or renting. Copyright 2024, CENTRAL JERSEY MULTIPLE LISTING SYSTEM. All Rights Reserved. The CENTRAL JERSEY MULTIPLE LISTING SYSTEM retains all rights, title and interest in and to its trademarks, service marks and copyrighted material.
Disclaimer: The data relating to the real estate for sale on this web site comes in part from the Internet Data Exchange Program of the NJMLS. Real estate listings held by brokerage firms other than Rocket Homes Real Estate, LLC are marked with the Internet Data Exchange logo and information about them includes the name of the listing brokers. Some properties listed with the participating brokers do not appear on this website at the request of the seller. Listings of brokers that do not participate in Internet Data Exchange do not appear on this website.