Housing Prices in 07504, NJ

How much do homes in 07504, NJ cost?

Median List Price

$499,999

$185/sqft

Based on all homes listed in the last 12 months.

Difference Since November 2023

+$35,049(+7.5%)

Key Takeaway

The list price of homes in 07504 has increased by 7.5% since last year.

Summary: The median home list price in 07504 was $499,999 in November 2024, up 7.5% from the previous year, and the median price per square foot was $185.

Median List Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 --
N/A
2 -$299.9K
N/A
3 $389.9K$474.9K
+21.8%
4 $450K$474.4K
+5.4%
5+ $549.9K$559.9K
+1.8%

Summary: 07504 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 21.8%, 4 bedroom homes increased by 5.4%, and 5+ bedroom homes increased by 1.8%.

Median List Price Compared To Nearby Zip Codes

07513
+17.0%
07514
+16.2%
07011
+13.9%
07407
+8.7%
07504
+7.5%

Housing Supply in 07504, NJ

How many homes are available in 07504, NJ?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
18180.0%

Summary: The 07504 real estate market had 18 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 00
0.0%
3 32
-33.3%
4 31
-66.7%
5+ 1215
+25.0%

Summary: The 07504 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 decreased by 33.3%, 4 bedroom homes decreased by 66.7%, and 5+ bedroom homes increased by 25%.

Days on Market for 07504, NJ

How long does it take to sell a home in 07504, NJ?

Average Listing Age

Nov 2023Nov 2024CHANGE
184 Days63 Days-65.7%

Summary: Homes in 07504 had an average listing age of 63 days in Nov 2024, down by 65.7% compared to the previous year.

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

Report Updated 21 Days Ago

Newest Listings in 07504, NJ

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