$6,828 Closing Credit*
$575,000
748 SqFt
2 Beds
•1 Full Bath
Listing Office: NEST SEEKERS NEW JERSEY LLC
Is 07304, NJ a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
At the same time last year, 07304 was a Seller's Market.
Key Takeaway
07304 is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.
Housing Prices in 07304, NJ
How much do homes in 07304, NJ cost?
Median Sold Price
$579,250
$402/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$29,250(+5.3%)
Key Takeaway
Homes in 07304 have sold for 5.3% more than they did a year ago.
Summary: The median home sold price in 07304 was $579,250 in November 2024, up 5.3% from last year, and the median price per square foot was $402.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $238K | $270K | +13.4% |
| 2 Bedrooms | $363K | $432.5K | +19.1% |
| 3 Bedrooms | $561K | $632K | +12.7% |
| 4 Bedrooms | $667.5K | $617.5K | -7.5% |
| 5+ Bedrooms | $700K | $755K | +7.9% |
Summary: 07304 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 13.4%, 2 bedroom homes increased by 19.1%, 3 bedroom homes increased by 12.7%, 4 bedroom homes decreased by 7.5%, and 5+ bedroom homes increased by 7.9%.
Housing Supply in 07304, NJ
How many homes are available in 07304, NJ?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 149 | 152 | +2.0% |
Summary: The 07304 real estate market had 152 homes for sale in November 2024, a 2.0% increase compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 15 | 15 | 0.0% |
| 2 Bedrooms | 26 | 25 | -3.8% |
| 3 Bedrooms | 34 | 37 | +8.8% |
| 4 Bedrooms | 24 | 23 | -4.2% |
| 5+ Bedrooms | 50 | 52 | +4.0% |
Summary: The 07304 housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 3.8%, 3 bedroom homes increased by 8.8%, 4 bedroom homes decreased by 4.2%, and 5+ bedroom homes increased by 4%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 26 | 23 | -11.5% |
Asking Price vs. Sold Price
9 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
7 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 07304, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 23 homes were sold or pending in 07304 in November 2024, down by 11.5% month-over-month. Of the 18 sold homes, 50% were sold under asking, 11% were sold at asking, and 39% were sold over asking.
Days on Market for 07304, NJ
How long does it take to sell a home in 07304, NJ?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 25 Days | 52 Days | +104.2% |
Summary: Homes in 07304 had an average of 52 days on market in Nov 2024, up by 104.2% compared to last year.
Breakdown of Home Sale Times
7 Homes Were Sold
Under 30 Days
8 Homes Were Sold
In 30 - 90 Days
4 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in 07304 has remained consistent over time.
Summary: During November 2024, 23 homes were sold in 07304; 30% of homes were sold within 30 days, 35% of homes were sold within 30 to 90 days, and 17% of homes were sold over 90 days.
The data relating to real estate for sale or rent on this web site comes in part from the IDX program of the HCMLS. Real estate listings held by brokerage firms other than this broker are marked with the HCIDX mark and the information about them includes the name of the listing broker. Information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Listing(s) information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Copyright © 2024 Realty Multiple Listing System, Inc. Incorporated in 1952 (aka RMLS, Hudson County MLS). All rights reserved.
Disclaimer: The data relating to the real estate for sale on this web site comes in part from the Internet Data Exchange Program of the NJMLS. Real estate listings held by brokerage firms other than Rocket Homes Real Estate, LLC are marked with the Internet Data Exchange logo and information about them includes the name of the listing brokers. Some properties listed with the participating brokers do not appear on this website at the request of the seller. Listings of brokers that do not participate in Internet Data Exchange do not appear on this website. 
Information Deemed Reliable But Not Guaranteed. The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which participates, and is provided by BRIGHT through a licensing agreement.