$5,688 Closing Credit*
$479,000
3 Beds
•2 Full Baths
Listing Office: NEXTHOME PREMIER
Is 07069, 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, 07069 has remained a Seller's Market.
Key Takeaway
07069 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 07069, NJ
How much do homes in 07069, NJ cost?
Median Sold Price
$982,500
$334/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$49,750(+5.3%)
Key Takeaway
Homes in 07069 have sold for 5.3% more than they did a year ago.
Summary: The median home sold price in 07069 was $982,500 in November 2024, up 5.3% from last year, and the median price per square foot was $334.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $650K | $749.9K | +15.4% |
| 3 Bedrooms | $702K | $825K | +17.5% |
| 4 Bedrooms | $925.5K | $982.5K | +6.2% |
| 5+ Bedrooms | $1.2M | $1.3M | +11.2% |
Summary: 07069 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 15.4%, 3 bedroom homes increased by 17.5%, 4 bedroom homes increased by 6.2%, and 5+ bedroom homes increased by 11.2%.
Housing Supply in 07069, NJ
How many homes are available in 07069, NJ?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 27 | 27 | 0.0% |
Summary: The 07069 real estate market had 27 homes for sale in November 2024, the same as October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 1 | 1 | 0.0% |
| 3 Bedrooms | 6 | 6 | 0.0% |
| 4 Bedrooms | 14 | 12 | -14.3% |
| 5+ Bedrooms | 6 | 8 | +33.3% |
Summary: The 07069 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 remained the same, 4 bedroom homes decreased by 14.3%, and 5+ bedroom homes increased by 33.3%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 8 | 6 | -25.0% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 07069, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 6 homes were sold or pending in 07069 in November 2024, down by 25.0% month-over-month. Of the 6 sold homes, 50% were sold under asking, 0% were sold at asking, and 50% were sold over asking.
Days on Market for 07069, NJ
We’re sorry, we don't have information for this market at the moment
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