Housing Prices in 07302, NJ

How much do homes in 07302, NJ cost?

Median List Price

$760,000

$767/sqft

Based on all homes listed in the last 12 months.

Difference Since October 2023

-$36,000(-4.5%)

Key Takeaway

The list price of homes in 07302 has decreased by 4.5% since last year.

Summary: The median home list price in 07302 was $760,000 in October 2024, down 4.5% from the previous year, and the median price per square foot was $767.

Median List Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $579K$585K
+1.0%
2 $799K$850K
+6.4%
3 $1.3M$1.1M
-16.3%
4 $1.2M$1.5M
+24.0%
5+ $749.9K$2.6M
+255.0%

Summary: 07302 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 1%, 2 bedroom homes increased by 6.4%, 3 bedroom homes decreased by 16.3%, 4 bedroom homes increased by 24%, and 5+ bedroom homes increased by 255%.

Median List Price Compared To Nearby Zip Codes

07304
+36.7%
07302
-4.5%

Housing Supply in 07302, NJ

How many homes are available in 07302, NJ?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
1927+42.1%

Summary: The 07302 real estate market had 27 homes for sale in October 2024, a 42.1% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 910
+11.1%
2 711
+57.1%
3 12
+100.0%
4 12
+100.0%
5+ 12
+100.0%

Summary: The 07302 housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 11.1%, 2 bedroom homes increased by 57.1%, 3 bedroom homes increased by 100%, 4 bedroom homes increased by 100%, and 5+ bedroom homes increased by 100%.

Days on Market for 07302, NJ

How long does it take to sell a home in 07302, NJ?

Average Listing Age

Oct 2023Oct 2024CHANGE
330 Days133 Days-59.7%

Summary: Homes in 07302 had an average listing age of 133 days in Oct 2024, down by 59.7% compared to the previous year.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 16 Days Ago

Newest Listings in 07302, NJ

Nearby Markets to 07302, NJ