Housing Prices in 07423, NJ

How much do homes in 07423, NJ cost?

Median List Price

$989,000

-

Based on all homes listed in the last 12 months.

Difference Since October 2023

-$248,000(-20.0%)

Key Takeaway

The list price of homes in 07423 has decreased by 20% since last year.

Median List Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 --
N/A
2 -$749K
N/A
3 $699.9K$825K
+17.9%
4 $1.1M$989K
-16.1%
5+ $1.7M$2.3M
+34.2%

Summary: 07423 housing prices by bedroom type for October 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 16.1%, and 5+ bedroom homes increased by 34.2%.

Median List Price Compared To Nearby Zip Codes

07450
+34.8%
07676
+10.0%
07463
+9.3%
07642
0.1%
07423
-20.0%

Housing Supply in 07423, NJ

How many homes are available in 07423, NJ?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
27+250.0%

Summary: The 07423 real estate market had 7 homes for sale in October 2024, a 250.0% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 01
+100.0%
3 01
+100.0%
4 13
+200.0%
5+ 12
+100.0%

Summary: The 07423 housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 100%, 3 bedroom homes increased by 100%, 4 bedroom homes increased by 200%, and 5+ bedroom homes increased by 100%.

Days on Market for 07423, NJ

How long does it take to sell a home in 07423, NJ?

Average Listing Age

Oct 2023Oct 2024CHANGE
81 Days13 Days-83.6%

Summary: Homes in 07423 had an average listing age of 13 days in Oct 2024, down by 83.6% compared to the previous year.

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

Report Updated 4 Days Ago

Newest Listings in 07423, NJ

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