$9,381 Closing Credit*
$789,999
4 Beds
•3 Full Baths
Listing Office: CENTURY 21 JRS REALTY
Is 07066, NJ a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
Since last year, 07066 has remained a Seller's Market.
Key Takeaway
07066 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 07066, NJ
How much do homes in 07066, NJ cost?
Median Sold Price
$638,500
$331/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$7,250(+1.1%)
Key Takeaway
Homes in 07066 have sold for 1.1% more than they did a year ago.
Summary: The median home sold price in 07066 was $638,500 in November 2024, up 1.1% from last year, and the median price per square foot was $331.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $260K | $296K | +13.8% |
| 2 Bedrooms | $410K | $607.5K | +48.2% |
| 3 Bedrooms | $560K | $598.5K | +6.9% |
| 4 Bedrooms | $670K | $704.5K | +5.1% |
| 5+ Bedrooms | $850K | $960K | +12.9% |
Summary: 07066 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 13.8%, 2 bedroom homes increased by 48.2%, 3 bedroom homes increased by 6.9%, 4 bedroom homes increased by 5.1%, and 5+ bedroom homes increased by 12.9%.
Housing Supply in 07066, NJ
How many homes are available in 07066, NJ?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 52 | 51 | -1.9% |
Summary: The 07066 real estate market had 51 homes for sale in November 2024, a 1.9% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 2 | 2 | 0.0% |
| 2 Bedrooms | 1 | 1 | 0.0% |
| 3 Bedrooms | 21 | 17 | -19.0% |
| 4 Bedrooms | 21 | 23 | +9.5% |
| 5+ Bedrooms | 7 | 8 | +14.3% |
Summary: The 07066 housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes decreased by 19%, 4 bedroom homes increased by 9.5%, and 5+ bedroom homes increased by 14.3%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 10 | 11 | +10.0% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
7 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 07066, you could pay more than the asking price. 63.6% of homes here sold above asking price last month.
Summary: A total of 11 homes were sold or pending in 07066 in November 2024, up by 10.0% month-over-month. Of the 11 sold homes, 36% were sold under asking, 0% were sold at asking, and 64% were sold over asking.
Days on Market for 07066, NJ
How long does it take to sell a home in 07066, NJ?
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 07066 are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 11 homes were sold in 07066; 9% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
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