$6,947 Closing Credit*
$585,000
3 Beds
•2 Full Baths
Joanne Capacyachi, Listing Office: Century 21 Semiao & Associates
Housing Prices in 07071, NJ
How much do homes in 07071, NJ cost?
Median List Price
$542,000
$406/sqft
Based on all homes listed in the last 12 months.
Difference Since October 2023
+$42,050(+8.4%)
Key Takeaway
The list price of homes in 07071 has increased by 8.4% since last year.
Summary: The median home list price in 07071 was $542,000 in October 2024, up 8.4% from the previous year, and the median price per square foot was $406.
Median List Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $309.9K | N/A |
| 2 Bedrooms | $449.9K | $485K | +7.8% |
| 3 Bedrooms | $489.4K | $549K | +12.2% |
| 4 Bedrooms | $599.9K | $662K | +10.4% |
| 5+ Bedrooms | $674.9K | $995K | +47.4% |
Summary: 07071 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 7.8%, 3 bedroom homes increased by 12.2%, 4 bedroom homes increased by 10.4%, and 5+ bedroom homes increased by 47.4%.
Housing Supply in 07071, NJ
How many homes are available in 07071, NJ?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 24 | 28 | +16.7% |
Summary: The 07071 real estate market had 28 homes for sale in October 2024, a 16.7% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 3 | 2 | -33.3% |
| 2 Bedrooms | 3 | 3 | 0.0% |
| 3 Bedrooms | 11 | 13 | +18.2% |
| 4 Bedrooms | 3 | 6 | +100.0% |
| 5+ Bedrooms | 4 | 4 | 0.0% |
Summary: The 07071 housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 33.3%, 2 bedroom homes remained the same, 3 bedroom homes increased by 18.2%, 4 bedroom homes increased by 100%, and 5+ bedroom homes remained the same.
Days on Market for 07071, NJ
How long does it take to sell a home in 07071, NJ?
Average Listing Age
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 93 Days | 86 Days | -7.4% |
Summary: Homes in 07071 had an average listing age of 86 days in Oct 2024, down by 7.4% compared to the previous year.
