$4,155 Closing Credit*
$349,900
1,882 SqFt
2 Beds
•2 Full Baths, 1 Partial
Listing Office: COLDWELL BANKER REALTY
Is 07419, NJ a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
Since last year, 07419 has remained a Seller's Market.
Key Takeaway
07419 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 07419, NJ
How much do homes in 07419, NJ cost?
Median Sold Price
$370,000
$296/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$40,000(+12.1%)
Key Takeaway
Homes in 07419 have sold for 12.1% more than they did a year ago.
Summary: The median home sold price in 07419 was $370,000 in November 2024, up 12.1% from last year, and the median price per square foot was $296.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $192.5K | $215K | +11.7% |
| 2 Bedrooms | $297.5K | $325K | +9.2% |
| 3 Bedrooms | $374.9K | $420K | +12.0% |
| 4 Bedrooms | $442K | $498.7K | +12.8% |
| 5+ Bedrooms | $615K | $765K | +24.4% |
Summary: 07419 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 11.7%, 2 bedroom homes increased by 9.2%, 3 bedroom homes increased by 12%, 4 bedroom homes increased by 12.8%, and 5+ bedroom homes increased by 24.4%.
Housing Supply in 07419, NJ
How many homes are available in 07419, NJ?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 73 | 59 | -19.2% |
Summary: The 07419 real estate market had 59 homes for sale in November 2024, a 19.2% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 9 | 7 | -22.2% |
| 2 Bedrooms | 21 | 15 | -28.6% |
| 3 Bedrooms | 27 | 22 | -18.5% |
| 4 Bedrooms | 13 | 12 | -7.7% |
| 5+ Bedrooms | 3 | 3 | 0.0% |
Summary: The 07419 housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 22.2%, 2 bedroom homes decreased by 28.6%, 3 bedroom homes decreased by 18.5%, 4 bedroom homes decreased by 7.7%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 24 | 11 | -54.2% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
4 Homes Were Sold
At Asking
5 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 07419, you could pay more than the asking price. 45.5% of homes here sold above asking price last month.
Summary: A total of 11 homes were sold or pending in 07419 in November 2024, down by 54.2% month-over-month. Of the 11 sold homes, 18% were sold under asking, 36% were sold at asking, and 45% were sold over asking.
Days on Market for 07419, NJ
How long does it take to sell a home in 07419, NJ?
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in 07419 has remained consistent over time.
Summary: During November 2024, 11 homes were sold in 07419; 0% of homes were sold within 30 days, 9% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
