Housing Prices in 07114, NJ

How much do homes in 07114, NJ cost?

Median List Price

$425,000

-

Based on all homes listed in the last 12 months.

Difference Since October 2023

+$125,000(+41.7%)

Key Takeaway

The list price of homes in 07114 has increased by 41.7% since last year.

Median List Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $195K-
N/A
2 $299K$329K
+10.0%
3 $300K$425K
+41.7%
4 $352K$299.9K
-14.8%
5+ -$706.5K
N/A

Summary: 07114 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 10%, 3 bedroom homes increased by 41.7%, 4 bedroom homes decreased by 14.8%, and 5+ bedroom homes did not change.

Median List Price Compared To Nearby Zip Codes

07108
+70.1%
07105
+45.5%
07114
+41.7%
07112
+25.3%

Housing Supply in 07114, NJ

How many homes are available in 07114, NJ?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
1718+5.9%

Summary: The 07114 real estate market had 18 homes for sale in October 2024, a 5.9% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 43
-25.0%
3 34
+33.3%
4 11
0.0%
5+ 910
+11.1%

Summary: The 07114 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 25%, 3 bedroom homes increased by 33.3%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 11.1%.

Days on Market for 07114, NJ

How long does it take to sell a home in 07114, NJ?

Average Listing Age

Oct 2023Oct 2024CHANGE
112 Days91 Days-19.2%

Summary: Homes in 07114 had an average listing age of 91 days in Oct 2024, down by 19.2% 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 07114, NJ

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