$3,859 Closing Credit*
$325,000
3 Beds
•1 Full Bath, 1 Partial
Listing Office: EXIT REALTY EAST COAST SHIRVANIAN
Housing Prices in 07114, NJ
How much do homes in 07114, NJ cost?
Median List Price
$425,000
$322/sqft
Based on all homes listed in the last 12 months.
Difference Since December 2023
+$116,000(+37.5%)
Key Takeaway
The list price of homes in 07114 has increased by 37.5% since last year.
Summary: The median home list price in 07114 was $425,000 in December 2024, up 37.5% from the previous year, and the median price per square foot was $322.
Median List Price By Bedroom Count
| # BEDS# BEDROOMS | Dec 2023 | Dec 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $195K | - | N/A |
| 2 Bedrooms | $299K | $334K | +11.7% |
| 3 Bedrooms | $335K | $427.4K | +27.6% |
| 4 Bedrooms | $352K | $374.9K | +6.5% |
| 5+ Bedrooms | $674.5K | $800K | +18.6% |
Summary: 07114 housing prices by bedroom type for December 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 11.7%, 3 bedroom homes increased by 27.6%, 4 bedroom homes increased by 6.5%, and 5+ bedroom homes increased by 18.6%.
Housing Supply in 07114, NJ
How many homes are available in 07114, NJ?
Number of Homes For Sale
| Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|
| 15 | 16 | +6.7% |
Summary: The 07114 real estate market had 16 homes for sale in December 2024, a 6.7% increase compared to November 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 2 | 2 | 0.0% |
| 3 Bedrooms | 3 | 3 | 0.0% |
| 4 Bedrooms | 2 | 2 | 0.0% |
| 5+ Bedrooms | 8 | 9 | +12.5% |
Summary: The 07114 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 remained the same, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 12.5%.
Days on Market for 07114, NJ
How long does it take to sell a home in 07114, NJ?
Average Listing Age
| Dec 2023 | Dec 2024 | CHANGE |
|---|---|---|
| 152 Days | 114 Days | -24.8% |
Summary: Homes in 07114 had an average listing age of 114 days in Dec 2024, down by 24.8% compared to the previous year.
