$4,868 Closing Credit*
$409,900
3 Beds
•1 Full Bath, 1 Partial
Nicholas J. Verdi, Listing Office: Lifestyle International Realty
Housing Prices in 07107, NJ
How much do homes in 07107, NJ cost?
Median List Price
$549,500
$168/sqft
Based on all homes listed in the last 12 months.
Difference Since December 2023
+$215,050(+64.3%)
Key Takeaway
The list price of homes in 07107 has increased by 64.3% since last year.
Summary: The median home list price in 07107 was $549,500 in December 2024, up 64.3% from the previous year, and the median price per square foot was $168.
Median List Price By Bedroom Count
| # BEDS# BEDROOMS | Dec 2023 | Dec 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $220K | $147.5K | -33.0% |
| 2 Bedrooms | $265K | $325K | +22.6% |
| 3 Bedrooms | $350K | $332.5K | -5.0% |
| 4 Bedrooms | $274.4K | $425K | +54.8% |
| 5+ Bedrooms | $412.4K | $659.9K | +60.0% |
Summary: 07107 housing prices by bedroom type for December 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 33%, 2 bedroom homes increased by 22.6%, 3 bedroom homes decreased by 5%, 4 bedroom homes increased by 54.8%, and 5+ bedroom homes increased by 60%.
Housing Supply in 07107, NJ
How many homes are available in 07107, NJ?
Number of Homes For Sale
| Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|
| 79 | 88 | +11.4% |
Summary: The 07107 real estate market had 88 homes for sale in December 2024, a 11.4% increase compared to November 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 4 | 3 | -25.0% |
| 3 Bedrooms | 6 | 6 | 0.0% |
| 4 Bedrooms | 9 | 7 | -22.2% |
| 5+ Bedrooms | 59 | 71 | +20.3% |
Summary: The 07107 housing inventory by bedroom type for December 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 25%, 3 bedroom homes remained the same, 4 bedroom homes decreased by 22.2%, and 5+ bedroom homes increased by 20.3%.
Days on Market for 07107, NJ
How long does it take to sell a home in 07107, NJ?
Average Listing Age
| Dec 2023 | Dec 2024 | CHANGE |
|---|---|---|
| 162 Days | 119 Days | -26.3% |
Summary: Homes in 07107 had an average listing age of 119 days in Dec 2024, down by 26.3% compared to the previous year.
