Housing Prices in 07105, NJ

How much do homes in 07105, NJ cost?

Median List Price

$549,999

$249/sqft

Based on all homes listed in the last 12 months.

Difference Since October 2023

+$172,000(+45.5%)

Key Takeaway

The list price of homes in 07105 has increased by 45.5% since last year.

Summary: The median home list price in 07105 was $549,999 in October 2024, up 45.5% from the previous year, and the median price per square foot was $249.

Median List Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $297K$305K
+2.7%
2 $345K$337K
-2.3%
3 $377.9K$399.9K
+5.8%
4 $459.9K$590K
+28.3%
5+ $940K$812.5K
-13.6%

Summary: 07105 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 2.7%, 2 bedroom homes decreased by 2.3%, 3 bedroom homes increased by 5.8%, 4 bedroom homes increased by 28.3%, and 5+ bedroom homes decreased by 13.6%.

Median List Price Compared To Nearby Zip Codes

07105
+45.5%
07114
+41.7%
07029
+38.9%
07032
+25.1%

Housing Supply in 07105, NJ

How many homes are available in 07105, NJ?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
5459+9.3%

Summary: The 07105 real estate market had 59 homes for sale in October 2024, a 9.3% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 11
0.0%
2 54
-20.0%
3 88
0.0%
4 1111
0.0%
5+ 2935
+20.7%

Summary: The 07105 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 20%, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 20.7%.

Days on Market for 07105, NJ

How long does it take to sell a home in 07105, NJ?

Average Listing Age

Oct 2023Oct 2024CHANGE
105 Days102 Days-2.4%

Summary: Homes in 07105 had an average listing age of 102 days in Oct 2024, down by 2.4% 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 07105, NJ

Nearby Markets to 07105, NJ