Housing Prices in 07104, NJ

How much do homes in 07104, NJ cost?

Median List Price

$585,000

$217/sqft

Based on all homes listed in the last 12 months.

Difference Since October 2023

+$185,100(+46.3%)

Key Takeaway

The list price of homes in 07104 has increased by 46.3% since last year.

Summary: The median home list price in 07104 was $585,000 in October 2024, up 46.3% from the previous year, and the median price per square foot was $217.

Median List Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $289K$250K
-13.5%
2 $279K$285K
+2.2%
3 $349.9K$410K
+17.1%
4 $453K$504.5K
+11.4%
5+ $600K$649.9K
+8.3%

Summary: 07104 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 13.5%, 2 bedroom homes increased by 2.2%, 3 bedroom homes increased by 17.1%, 4 bedroom homes increased by 11.4%, and 5+ bedroom homes increased by 8.3%.

Median List Price Compared To Nearby Zip Codes

07107
+50.0%
07104
+46.3%
07029
+38.9%
07109
+12.4%

Housing Supply in 07104, NJ

How many homes are available in 07104, NJ?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
7199+39.4%

Summary: The 07104 real estate market had 99 homes for sale in October 2024, a 39.4% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 11
0.0%
2 11
0.0%
3 1617
+6.3%
4 59
+80.0%
5+ 4871
+47.9%

Summary: The 07104 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 increased by 6.3%, 4 bedroom homes increased by 80%, and 5+ bedroom homes increased by 47.9%.

Days on Market for 07104, NJ

How long does it take to sell a home in 07104, NJ?

Average Listing Age

Oct 2023Oct 2024CHANGE
128 Days89 Days-30.9%

Summary: Homes in 07104 had an average listing age of 89 days in Oct 2024, down by 30.9% compared to the previous year.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 4 Days Ago

Newest Listings in 07104, NJ

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