$6,650 Closing Credit*
$560,000
4 Beds
•3 Full Baths
Hugo W. Meza, Listing Office: EXP Realty, LLC
Housing Prices in 07503, NJ
How much do homes in 07503, NJ cost?
Median List Price
$475,000
$335/sqft
Based on all homes listed in the last 12 months.
Difference Since November 2023
+$90,000(+23.4%)
Key Takeaway
The list price of homes in 07503 has increased by 23.4% since last year.
Summary: The median home list price in 07503 was $475,000 in November 2024, up 23.4% from the previous year, and the median price per square foot was $335.
Median List Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $205K | $204.4K | -0.3% |
| 2 Bedrooms | $325K | $289.9K | -10.8% |
| 3 Bedrooms | $399K | $475K | +19.0% |
| 4 Bedrooms | $365K | $449.5K | +23.2% |
| 5+ Bedrooms | - | $689.2K | N/A |
Summary: 07503 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 0.3%, 2 bedroom homes decreased by 10.8%, 3 bedroom homes increased by 19%, 4 bedroom homes increased by 23.2%, and 5+ bedroom homes did not change.
Housing Supply in 07503, NJ
How many homes are available in 07503, NJ?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 12 | 24 | +100.0% |
Summary: The 07503 real estate market had 24 homes for sale in November 2024, a 100.0% increase compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 1 | 4 | +300.0% |
| 3 Bedrooms | 3 | 5 | +66.7% |
| 4 Bedrooms | 1 | 1 | 0.0% |
| 5+ Bedrooms | 6 | 13 | +116.7% |
Summary: The 07503 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 increased by 300%, 3 bedroom homes increased by 66.7%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 116.7%.
Days on Market for 07503, NJ
How long does it take to sell a home in 07503, NJ?
Average Listing Age
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 62 Days | 58 Days | -5.2% |
Summary: Homes in 07503 had an average listing age of 58 days in Nov 2024, down by 5.2% compared to the previous year.
