$8,063 Closing Credit*
$679,000
2,250 SqFt
4 Beds
•2 Full Baths, 1 Partial
Listing Office: PREMIUMONE REALTY
Housing Prices in 07088, NJ
How much do homes in 07088, NJ cost?
Median List Price
$400,000
$301/sqft
Based on all homes listed in the last 12 months.
Difference Since October 2023
+$15,550(+4.0%)
Key Takeaway
The list price of homes in 07088 has increased by 4% since last year.
Summary: The median home list price in 07088 was $400,000 in October 2024, up 4% from the previous year, and the median price per square foot was $301.
Median List Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $239K | N/A |
| 2 Bedrooms | $309.9K | $349K | +12.6% |
| 3 Bedrooms | $409.9K | $414.9K | +1.2% |
| 4 Bedrooms | $438.9K | $569K | +29.6% |
| 5+ Bedrooms | - | $622K | N/A |
Summary: 07088 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 12.6%, 3 bedroom homes increased by 1.2%, 4 bedroom homes increased by 29.6%, and 5+ bedroom homes did not change.
Housing Supply in 07088, NJ
How many homes are available in 07088, NJ?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 10 | 9 | -10.0% |
Summary: The 07088 real estate market had 9 homes for sale in October 2024, a 10.0% decrease compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 2 | 1 | -50.0% |
| 3 Bedrooms | 3 | 2 | -33.3% |
| 4 Bedrooms | 0 | 1 | +100.0% |
| 5+ Bedrooms | 4 | 4 | 0.0% |
Summary: The 07088 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 decreased by 50%, 3 bedroom homes decreased by 33.3%, 4 bedroom homes increased by 100%, and 5+ bedroom homes remained the same.
Days on Market for 07088, NJ
How long does it take to sell a home in 07088, NJ?
Average Listing Age
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 142 Days | 82 Days | -42.1% |
Summary: Homes in 07088 had an average listing age of 82 days in Oct 2024, down by 42.1% compared to the previous year.
