Housing Prices in 07603, NJ

How much do homes in 07603, NJ cost?

Median List Price

$580,000

$313/sqft

Based on all homes listed in the last 12 months.

Difference Since November 2023

+$113,000(+24.2%)

Key Takeaway

The list price of homes in 07603 has increased by 24.2% since last year.

Summary: The median home list price in 07603 was $580,000 in November 2024, up 24.2% from the previous year, and the median price per square foot was $313.

Median List Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 --
N/A
2 -$624K
N/A
3 $465K$539K
+15.9%
4 $479.4K$760K
+58.5%
5+ $449.9K$678.4K
+50.8%

Summary: 07603 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 15.9%, 4 bedroom homes increased by 58.5%, and 5+ bedroom homes increased by 50.8%.

Median List Price Compared To Nearby Zip Codes

07603
+24.2%
07666
+17.5%
07660
+9.1%
07601
+1.9%

Housing Supply in 07603, NJ

How many homes are available in 07603, NJ?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
1011+10.0%

Summary: The 07603 real estate market had 11 homes for sale in November 2024, a 10.0% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 22
0.0%
3 66
0.0%
4 23
+50.0%
5+ 00
0.0%

Summary: The 07603 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 increased by 50%, and 5+ bedroom homes remained the same.

Days on Market for 07603, NJ

How long does it take to sell a home in 07603, NJ?

Average Listing Age

Nov 2023Nov 2024CHANGE
73 Days55 Days-25.2%

Summary: Homes in 07603 had an average listing age of 55 days in Nov 2024, down by 25.2% compared to the previous year.

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

Report Updated 17 Days Ago

Newest Listings in 07603, NJ

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