Housing Prices in 07423, NJ

How much do homes in 07423, NJ cost?

Median List Price

$899,000

$472/sqft

Based on all homes listed in the last 12 months.

Difference Since November 2023

-$396,000(-30.6%)

Key Takeaway

The list price of homes in 07423 has decreased by 30.6% since last year.

Summary: The median home list price in 07423 was $899,000 in November 2024, down 30.6% from the previous year, and the median price per square foot was $472.

Median List Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 --
N/A
2 -$749K
N/A
3 $699.9K$825K
+17.9%
4 $1.1M$949.4K
-20.5%
5+ $1.7M$3.6M
+111.2%

Summary: 07423 housing prices by bedroom type for November 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 17.9%, 4 bedroom homes decreased by 20.5%, and 5+ bedroom homes increased by 111.2%.

Median List Price Compared To Nearby Zip Codes

07450
+22.0%
07463
+10.3%
07676
+9.3%
07642
0.1%
07423
-30.6%

Housing Supply in 07423, NJ

How many homes are available in 07423, NJ?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
330.0%

Summary: The 07423 real estate market had 3 homes for sale in November 2024, the same as October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 11
0.0%
3 00
0.0%
4 11
0.0%
5+ 11
0.0%

Summary: The 07423 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 remained the same, 3 bedroom homes remained the same, 4 bedroom homes remained the same, 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

Nov 2023Nov 2024CHANGE
71 Days52 Days-25.8%

Summary: Homes in 07423 had an average listing age of 52 days in Nov 2024, down by 25.8% compared to the previous year.

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

Report Updated 10 Days Ago

Newest Listings in 07423, NJ

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