$7,066 Closing Credit*
$595,000
896 SqFt
1 Bed
•1 Full Bath
Alexis Neris, Listing Office: Ward Wight Sotheby's International Realty
Is 07760, 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, 07760 was a Neutral Market.
Key Takeaway
07760 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 07760, NJ
How much do homes in 07760, NJ cost?
Median Sold Price
$1,800,000
$623/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$88,750(+5.2%)
Key Takeaway
Homes in 07760 have sold for 5.2% more than they did a year ago.
Summary: The median home sold price in 07760 was $1,800,000 in November 2024, up 5.2% from last year, and the median price per square foot was $623.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $450K | $454.5K | +1.0% |
| 2 Bedrooms | $889.9K | $832.4K | -6.5% |
| 3 Bedrooms | $1.2M | $1.3M | +7.1% |
| 4 Bedrooms | $1.7M | $1.8M | +8.9% |
| 5+ Bedrooms | $2.7M | $2.9M | +10.2% |
Summary: 07760 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 1%, 2 bedroom homes decreased by 6.5%, 3 bedroom homes increased by 7.1%, 4 bedroom homes increased by 8.9%, and 5+ bedroom homes increased by 10.2%.
Housing Supply in 07760, NJ
How many homes are available in 07760, NJ?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 71 | 59 | -16.9% |
Summary: The 07760 real estate market had 59 homes for sale in November 2024, a 16.9% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 3 | 2 | -33.3% |
| 2 Bedrooms | 10 | 7 | -30.0% |
| 3 Bedrooms | 12 | 15 | +25.0% |
| 4 Bedrooms | 13 | 7 | -46.2% |
| 5+ Bedrooms | 33 | 28 | -15.2% |
Summary: The 07760 housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 33.3%, 2 bedroom homes decreased by 30%, 3 bedroom homes increased by 25%, 4 bedroom homes decreased by 46.2%, and 5+ bedroom homes decreased by 15.2%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 13 | 10 | -23.1% |
Asking Price vs. Sold Price
6 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
4 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 07760, you may be able to get a good deal. 60% of homes here sold below asking price last month.
Summary: A total of 10 homes were sold or pending in 07760 in November 2024, down by 23.1% month-over-month. Of the 10 sold homes, 60% were sold under asking, 0% were sold at asking, and 40% were sold over asking.
Days on Market for 07760, NJ
How long does it take to sell a home in 07760, NJ?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 40 Days | 69 Days | +72.7% |
Summary: Homes in 07760 had an average of 69 days on market in Nov 2024, up by 72.7% compared to last year.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in 07760 has remained consistent over time.
Summary: During November 2024, 10 homes were sold in 07760; 30% of homes were sold within 30 days, 40% of homes were sold within 30 to 90 days, and 30% 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.
Listings courtesy of OneKey MLS as distributed by MLS GRID.
The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the OneKey™ MLS. Real Estate listings held by brokerage firms other than this broker are marked with the Broker Reciprocity logo and detailed information about them includes the name of the listing brokers. This information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. 
The data relating to real estate for sale on this web-site comes in part from the Internet Listing Display database of the CENTRAL JERSEY MULTIPLE LISTING SYSTEM. Real estate listings held by brokerage firms other than this site-owner are marked with the ILD logo. The CENTRAL JERSEY MULTIPLE LISTING SYSTEM does not warrant the accuracy, quality, reliability, suitability, completeness, usefulness or effectiveness of any information provided. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify properties the consumer may be interested in purchasing or renting. Copyright 2024, CENTRAL JERSEY MULTIPLE LISTING SYSTEM. All Rights Reserved. The CENTRAL JERSEY MULTIPLE LISTING SYSTEM retains all rights, title and interest in and to its trademarks, service marks and copyrighted material.
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.