$10,000 Closing Credit*
$995,000
4,106 SqFt
6 Beds
•4 Full Baths
Michael Imbriaco, Listing Office: RE/MAX Revolution
Is 07719, NJ a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
Since last year, 07719 has remained a Seller's Market.
Key Takeaway
07719 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 07719, NJ
How much do homes in 07719, NJ cost?
Median Sold Price
$734,000
$450/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$84,050(+12.9%)
Key Takeaway
Homes in 07719 have sold for 12.9% more than they did a year ago.
Summary: The median home sold price in 07719 was $734,000 in November 2024, up 12.9% from last year, and the median price per square foot was $450.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $340K | $355K | +4.4% |
| 2 Bedrooms | $475K | $582K | +22.5% |
| 3 Bedrooms | $650K | $700K | +7.7% |
| 4 Bedrooms | $887.5K | $1.0M | +18.3% |
| 5+ Bedrooms | $1.1M | $1.4M | +35.2% |
Summary: 07719 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 4.4%, 2 bedroom homes increased by 22.5%, 3 bedroom homes increased by 7.7%, 4 bedroom homes increased by 18.3%, and 5+ bedroom homes increased by 35.2%.
Median Sold Price Compared To Nearby Zip Codes
| 08750 | $1.9M | $2.3M | +20.3% |
| 07717 | $1.3M | $1.6M | +16.8% |
| 07719 | $649.9K | $734K | +12.9% |
| 07762 | $900K | $967.5K | +7.5% |
Housing Supply in 07719, NJ
How many homes are available in 07719, NJ?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 98 | 86 | -12.2% |
Summary: The 07719 real estate market had 86 homes for sale in November 2024, a 12.2% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 7 | 7 | 0.0% |
| 2 Bedrooms | 12 | 17 | +41.7% |
| 3 Bedrooms | 30 | 23 | -23.3% |
| 4 Bedrooms | 25 | 19 | -24.0% |
| 5+ Bedrooms | 24 | 20 | -16.7% |
Summary: The 07719 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 41.7%, 3 bedroom homes decreased by 23.3%, 4 bedroom homes decreased by 24%, and 5+ bedroom homes decreased by 16.7%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 21 | 24 | +14.3% |
Asking Price vs. Sold Price
14 Homes Were Sold
Under Asking
4 Homes Were Sold
At Asking
6 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 07719, you may be able to get a good deal. 58.3% of homes here sold below asking price last month.
Summary: A total of 24 homes were sold or pending in 07719 in November 2024, up by 14.3% month-over-month. Of the 24 sold homes, 58% were sold under asking, 17% were sold at asking, and 25% were sold over asking.
Days on Market for 07719, NJ
How long does it take to sell a home in 07719, NJ?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 22 Days | 45 Days | +101.6% |
Summary: Homes in 07719 had an average of 45 days on market in Nov 2024, up by 101.6% compared to last year.
Breakdown of Home Sale Times
13 Homes Were Sold
Under 30 Days
8 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 07719 are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 24 homes were sold in 07719; 54% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 13% of homes were sold over 90 days.
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.
Information Deemed Reliable But Not Guaranteed. The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which participates, and is provided by BRIGHT through a licensing agreement. 
The data relating to real estate for sale or rent on this web site comes in part from the IDX program of the HCMLS. Real estate listings held by brokerage firms other than this broker are marked with the HCIDX mark and the information about them includes the name of the listing broker. Information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Listing(s) 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. Copyright © 2024 Realty Multiple Listing System, Inc. Incorporated in 1952 (aka RMLS, Hudson County MLS). All rights reserved.