$9,251 Closing Credit*
$779,000
4 Beds
•2 Full Baths, 1 Partial
Jonathan S. Tello, Listing Office: EXP Realty, LLC
Housing Prices in 07407, NJ
How much do homes in 07407, NJ cost?
Median List Price
$539,500
$297/sqft
Based on all homes listed in the last 12 months.
Difference Since December 2023
+$87,000(+19.2%)
Key Takeaway
The list price of homes in 07407 has increased by 19.2% since last year.
Summary: The median home list price in 07407 was $539,500 in December 2024, up 19.2% from the previous year, and the median price per square foot was $297.
Median List Price By Bedroom Count
| # BEDS# BEDROOMS | Dec 2023 | Dec 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $115K | $125K | +8.7% |
| 2 Bedrooms | $400K | $424.9K | +6.2% |
| 3 Bedrooms | $499K | $562K | +12.6% |
| 4 Bedrooms | $459.5K | $605K | +31.7% |
| 5+ Bedrooms | $460K | $824.5K | +79.2% |
Summary: 07407 housing prices by bedroom type for December 2024 compared to the previous year: The home price of 1 bedroom homes increased by 8.7%, 2 bedroom homes increased by 6.2%, 3 bedroom homes increased by 12.6%, 4 bedroom homes increased by 31.7%, and 5+ bedroom homes increased by 79.2%.
Housing Supply in 07407, NJ
How many homes are available in 07407, NJ?
Number of Homes For Sale
| Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|
| 22 | 22 | 0.0% |
Summary: The 07407 real estate market had 22 homes for sale in December 2024, the same as November 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 4 | 5 | +25.0% |
| 2 Bedrooms | 3 | 3 | 0.0% |
| 3 Bedrooms | 6 | 5 | -16.7% |
| 4 Bedrooms | 7 | 8 | +14.3% |
| 5+ Bedrooms | 2 | 1 | -50.0% |
Summary: The 07407 housing inventory by bedroom type for December 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 25%, 2 bedroom homes remained the same, 3 bedroom homes decreased by 16.7%, 4 bedroom homes increased by 14.3%, and 5+ bedroom homes decreased by 50%.
Days on Market for 07407, NJ
How long does it take to sell a home in 07407, NJ?
Average Listing Age
| Dec 2023 | Dec 2024 | CHANGE |
|---|---|---|
| 105 Days | 60 Days | -43.0% |
Summary: Homes in 07407 had an average listing age of 60 days in Dec 2024, down by 43% compared to the previous year.
