$10,000 Closing Credit*
$1,250,000
5 Beds
•3 Full Baths, 1 Partial
Joseph Aziz, Listing Office: Prestige Property Group - Montclair
Housing Prices in 07072, NJ
How much do homes in 07072, NJ cost?
Median List Price
$599,999
$508/sqft
Based on all homes listed in the last 12 months.
Difference Since October 2023
+$12,749(+2.2%)
Key Takeaway
The list price of homes in 07072 has increased by 2.2% since last year.
Summary: The median home list price in 07072 was $599,999 in October 2024, up 2.2% from the previous year, and the median price per square foot was $508.
Median List Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | - | $472K | N/A |
| 3 Bedrooms | $497K | $599.9K | +20.7% |
| 4 Bedrooms | $649K | $774K | +19.3% |
| 5+ Bedrooms | $699K | $1.1M | +68.0% |
Summary: 07072 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 did not change, 3 bedroom homes increased by 20.7%, 4 bedroom homes increased by 19.3%, and 5+ bedroom homes increased by 68%.
Median List Price Compared To Nearby Zip Codes
| 07073 | $539K | $580K | +7.6% |
| 07072 | $587.2K | $599.9K | +2.2% |
| 07075 | $629K | $635K | +1.0% |
Housing Supply in 07072, NJ
How many homes are available in 07072, NJ?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 5 | 7 | +40.0% |
Summary: The 07072 real estate market had 7 homes for sale in October 2024, a 40.0% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 1 | 1 | 0.0% |
| 3 Bedrooms | 2 | 2 | 0.0% |
| 4 Bedrooms | 2 | 2 | 0.0% |
| 5+ Bedrooms | 0 | 2 | +100.0% |
Summary: The 07072 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 remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 100%.
Days on Market for 07072, NJ
How long does it take to sell a home in 07072, NJ?
Average Listing Age
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 94 Days | 81 Days | -13.8% |
Summary: Homes in 07072 had an average listing age of 81 days in Oct 2024, down by 13.8% compared to the previous year.
