$10,000 Closing Credit*
$899,000
4 Beds
•3 Full Baths, 1 Partial
Listing Office: KL SOTHEBY'S INT'L. REALTY
Is 07830, NJ a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
Since last year, 07830 has remained a Seller's Market.
Key Takeaway
07830 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 07830, NJ
How much do homes in 07830, NJ cost?
Median Sold Price
$775,000
-
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$137,500(+21.6%)
Key Takeaway
Homes in 07830 have sold for 21.6% more than they did a year ago.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $151.5K | - | N/A |
| 2 Bedrooms | $287.5K | $394.4K | +37.2% |
| 3 Bedrooms | $510K | $525K | +2.9% |
| 4 Bedrooms | $717.5K | $800K | +11.5% |
| 5+ Bedrooms | $1.1M | $1.2M | +12.1% |
Summary: 07830 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 37.2%, 3 bedroom homes increased by 2.9%, 4 bedroom homes increased by 11.5%, and 5+ bedroom homes increased by 12.1%.
Housing Supply in 07830, NJ
How many homes are available in 07830, NJ?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 30 | 32 | +6.7% |
Summary: The 07830 real estate market had 32 homes for sale in October 2024, a 6.7% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 1 | 1 | 0.0% |
| 3 Bedrooms | 14 | 17 | +21.4% |
| 4 Bedrooms | 10 | 8 | -20.0% |
| 5+ Bedrooms | 4 | 5 | +25.0% |
Summary: The 07830 housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes increased by 21.4%, 4 bedroom homes decreased by 20%, and 5+ bedroom homes increased by 25%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 6 | 7 | +16.7% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
5 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 07830, you could pay more than the asking price. 71.4% of homes here sold above asking price last month.
Summary: A total of 7 homes were sold or pending in 07830 in October 2024, up by 16.7% month-over-month. Of the 7 sold homes, 29% were sold under asking, 0% were sold at asking, and 71% were sold over asking.
Days on Market for 07830, NJ
We’re sorry, we don't have information for this market at the moment
