$6,531 Closing Credit*
$549,999
7 Beds
•2 Full Baths
Vinnell Josephs, Listing Office: EXP Realty, LLC
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
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $195K | - | N/A |
| 2 Bedrooms | $299K | $329K | +10.0% |
| 3 Bedrooms | $300K | $425K | +41.7% |
| 4 Bedrooms | $352K | $299.9K | -14.8% |
| 5+ Bedrooms | - | $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.
Housing Supply in 07114, NJ
How many homes are available in 07114, NJ?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 17 | 18 | +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
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 4 | 3 | -25.0% |
| 3 Bedrooms | 3 | 4 | +33.3% |
| 4 Bedrooms | 1 | 1 | 0.0% |
| 5+ Bedrooms | 9 | 10 | +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 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 112 Days | 91 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.
