$4,511 Closing Credit*
$379,900
2 Beds
•1 Full Bath
Listing Office: EXIT REALTY LUCKY ASSOCIATES
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 December 2023
+$25,550(+6.8%)
Key Takeaway
The list price of homes in 07088 has increased by 6.8% since last year.
Summary: The median home list price in 07088 was $400,000 in December 2024, up 6.8% from the previous year, and the median price per square foot was $301.
Median List Price By Bedroom Count
| # BEDS# BEDROOMS | Dec 2023 | Dec 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $239K | N/A |
| 2 Bedrooms | $317.4K | $372.4K | +17.3% |
| 3 Bedrooms | $399.9K | $414.9K | +3.8% |
| 4 Bedrooms | $438.9K | $649K | +47.8% |
| 5+ Bedrooms | - | $659K | N/A |
Summary: 07088 housing prices by bedroom type for December 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 17.3%, 3 bedroom homes increased by 3.8%, 4 bedroom homes increased by 47.8%, 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
| Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|
| 6 | 9 | +50.0% |
Summary: The 07088 real estate market had 9 homes for sale in December 2024, a 50.0% increase compared to November 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 0 | -100.0% |
| 2 Bedrooms | 1 | 3 | +200.0% |
| 3 Bedrooms | 2 | 2 | 0.0% |
| 4 Bedrooms | 1 | 2 | +100.0% |
| 5+ Bedrooms | 1 | 2 | +100.0% |
Summary: The 07088 housing inventory by bedroom type for December 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes increased by 200%, 3 bedroom homes remained the same, 4 bedroom homes increased by 100%, and 5+ bedroom homes increased by 100%.
Days on Market for 07088, NJ
How long does it take to sell a home in 07088, NJ?
Average Listing Age
| Dec 2023 | Dec 2024 | CHANGE |
|---|---|---|
| 128 Days | 59 Days | -54.0% |
Summary: Homes in 07088 had an average listing age of 59 days in Dec 2024, down by 54% compared to the previous year.
