$10,000 Closing Credit*
$997,500
4 Beds
•3 Full Baths
David Barthold, Listing Office: Christies International Real Estate Group-Franklin Lakes
Housing Prices in 07423, NJ
How much do homes in 07423, NJ cost?
Median List Price
$989,000
$482/sqft
Based on all homes listed in the last 12 months.
Difference Since December 2023
-$608,000(-38.1%)
Key Takeaway
The list price of homes in 07423 has decreased by 38.1% since last year.
Summary: The median home list price in 07423 was $989,000 in December 2024, down 38.1% from the previous year, and the median price per square foot was $482.
Median List Price By Bedroom Count
| # BEDS# BEDROOMS | Dec 2023 | Dec 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | - | - | N/A |
| 3 Bedrooms | $762K | $880K | +15.5% |
| 4 Bedrooms | $1.2M | $989K | -23.6% |
| 5+ Bedrooms | $1.7M | $2.8M | +62.1% |
Summary: 07423 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 did not change, 3 bedroom homes increased by 15.5%, 4 bedroom homes decreased by 23.6%, and 5+ bedroom homes increased by 62.1%.
Housing Supply in 07423, NJ
How many homes are available in 07423, NJ?
Number of Homes For Sale
| Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|
| 5 | 6 | +20.0% |
Summary: The 07423 real estate market had 6 homes for sale in December 2024, a 20.0% 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 | 0 | 0 | 0.0% |
| 3 Bedrooms | 1 | 3 | +200.0% |
| 4 Bedrooms | 3 | 2 | -33.3% |
| 5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The 07423 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 increased by 200%, 4 bedroom homes decreased by 33.3%, and 5+ bedroom homes remained the same.
Days on Market for 07423, NJ
How long does it take to sell a home in 07423, NJ?
Average Listing Age
| Dec 2023 | Dec 2024 | CHANGE |
|---|---|---|
| 74 Days | 46 Days | -37.8% |
Summary: Homes in 07423 had an average listing age of 46 days in Dec 2024, down by 37.8% compared to the previous year.
