$10,000 Closing Credit*
$1,279,000
4 Beds
•3 Full Baths, 1 Partial
Arlene Sabo, Listing Office: Coldwell Banker, Ridgewood
Is 07444, NJ a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
At the same time last year, 07444 was a Seller's Market.
Key Takeaway
07444 is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.
Housing Prices in 07444, NJ
How much do homes in 07444, NJ cost?
Median Sold Price
$617,000
$327/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$73,363(+13.5%)
Key Takeaway
Homes in 07444 have sold for 13.5% more than they did a year ago.
Summary: The median home sold price in 07444 was $617,000 in November 2024, up 13.5% from last year, and the median price per square foot was $327.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $297.2K | $359K | +20.8% |
| 2 Bedrooms | $376.5K | $444K | +17.9% |
| 3 Bedrooms | $550K | $621K | +12.9% |
| 4 Bedrooms | $649K | $742.5K | +14.4% |
| 5+ Bedrooms | $1.0M | $1.0M | +1.8% |
Summary: 07444 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 20.8%, 2 bedroom homes increased by 17.9%, 3 bedroom homes increased by 12.9%, 4 bedroom homes increased by 14.4%, and 5+ bedroom homes increased by 1.8%.
Housing Supply in 07444, NJ
How many homes are available in 07444, NJ?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 25 | 25 | 0.0% |
Summary: The 07444 real estate market had 25 homes for sale in November 2024, the same as October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 4 | 4 | 0.0% |
| 2 Bedrooms | 4 | 4 | 0.0% |
| 3 Bedrooms | 4 | 5 | +25.0% |
| 4 Bedrooms | 7 | 6 | -14.3% |
| 5+ Bedrooms | 6 | 6 | 0.0% |
Summary: The 07444 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 increased by 25%, 4 bedroom homes decreased by 14.3%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 6 | 4 | -33.3% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
3 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 07444, you could pay more than the asking price. 75% of homes here sold above asking price last month.
Summary: A total of 4 homes were sold or pending in 07444 in November 2024, down by 33.3% month-over-month. Of the 4 sold homes, 0% were sold under asking, 25% were sold at asking, and 75% were sold over asking.
Days on Market for 07444, NJ
We’re sorry, we don't have information for this market at the moment
The data relating to real estate for sale on this web site comes in part from the Internet Data exchange (“IDX”) program of the Monmouth/Ocean MLS Monmouth County Association Board of Realtors. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Real estate listings held by other brokerage firms are indicated by detailed information about them such as the name of the listing firms. Information deemed reliable but not guaranteed. Copyright © 2024 Monmouth/Ocean MLS Monmouth County Association Board of Realtors. All Rights Reserved.