$399,000
3 Beds
•2 Full Baths
Listing Office: COLDWELL BANKER REALTY
October 2024
Report Updated 24 Days Ago
Is 07062, 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, 07062 was a Seller's Market.
How much do homes in 07062, NJ cost?
$450,000
$255/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
Summary: The median home sold price in 07062 was $450,000 in October 2024, up 11.1% from last year, and the median price per square foot was $255.
# BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $136K | $150K | +10.3% |
2 Bedrooms | $357.5K | $355K | -0.7% |
3 Bedrooms | $405K | $440K | +8.6% |
4 Bedrooms | $445K | $485K | +9.0% |
5+ Bedrooms | $440K | $600K | +36.4% |
Summary: 07062 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 10.3%, 2 bedroom homes decreased by 0.7%, 3 bedroom homes increased by 8.6%, 4 bedroom homes increased by 9%, and 5+ bedroom homes increased by 36.4%.
How many homes are available in 07062, NJ?
Sep 2024 | Oct 2024 | CHANGE |
---|---|---|
47 | 48 | +2.1% |
Summary: The 07062 real estate market had 48 homes for sale in October 2024, a 2.1% increase compared to September 2024.
# BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 5 | 5 | 0.0% |
3 Bedrooms | 15 | 17 | +13.3% |
4 Bedrooms | 17 | 17 | 0.0% |
5+ Bedrooms | 10 | 9 | -10.0% |
Summary: The 07062 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 remained the same, 3 bedroom homes increased by 13.3%, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 10%.
Sep 2024 | Oct 2024 | CHANGE |
---|---|---|
9 | 7 | -22.2% |
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
6 Homes Were Sold
Over Asking
Summary: A total of 7 homes were sold or pending in 07062 in October 2024, down by 22.2% month-over-month. Of the 7 sold homes, 14% were sold under asking, 0% were sold at asking, and 86% were sold over asking.
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Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.
Report Updated 24 Days Ago
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Based on information from Garden State MLS, and ALL JERSEY MLS for the period 11/01/2022 - 11/01/2024
Information deemed reliable but not guaranteed. Copyright © 2024 Garden State Multiple Listing Service, L.L.C. All rights reserved.
Disclaimer: The data relating to real estate for sale on this website comes in part from the IDX Program of Garden State Multiple Listing Service, L.L.C. Real estate listings held by other brokerage firms are marked as an IDX Listing. Information deemed reliable but not guaranteed.
Notice: The dissemination of listings displayed herein does not constitute the consent required by N.J.A.C. 11:5.6.1 (n) for the advertisement of listings exclusively for sale by another broker. Any such consent must be obtained in writing from the listing broker.
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Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/24/2024, 7:20:46 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/24/2024, 7:20:48 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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