Housing Prices in 07047, NJ

How much do homes in 07047, NJ cost?

Median List Price

$649,999

$441/sqft

Based on all homes listed in October 2024.

Difference Since Last Month

-$0(0%)

Key Takeaway

The list price of homes in 07047 has remained the same since September.

Median List Price By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 $239.9K$277.5K
+15.6%
2 $849K$737K
-13.2%
3 $624.5K$624.5K
0.0%
4 $995K$899.9K
-9.5%
5+ $899.4K$850K
-5.5%

Summary: 07047 housing prices by bedroom type for October 2024 compared to the previous month: The home price of 1 bedroom homes increased by 15.6%, 2 bedroom homes decreased by 13.2%, 3 bedroom homes did not change, 4 bedroom homes decreased by 9.5%, and 5+ bedroom homes decreased by 5.5%.

Median List Price Compared To Nearby Zip Codes

07093
+4.9%
07087
+4.7%
07047
0%
07022
-0.1%

Housing Supply in 07047, NJ

How many homes are available in 07047, NJ?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
2948+65.5%

Summary: The 07047 real estate market had 48 homes for sale in October 2024, a 65.5% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 610
+66.7%
2 410
+150.0%
3 810
+25.0%
4 35
+66.7%
5+ 813
+62.5%

Summary: The 07047 housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 66.7%, 2 bedroom homes increased by 150%, 3 bedroom homes increased by 25%, 4 bedroom homes increased by 66.7%, and 5+ bedroom homes increased by 62.5%.

Days on Market for 07047, NJ

How long does it take to sell a home in 07047, NJ?

Average Listing Age

Sep 2024Oct 2024CHANGE
52 Days51 Days-3.0%

Summary: Homes in 07047 had an average listing age of 51 days in Oct 2024, down by 3% compared to the previous month.

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

Report Updated 4 Days Ago

Newest Listings in 07047, NJ

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