$7,066 Closing Credit*
$595,000
3 Beds
•1 Full Bath, 1 Partial
Listing Office: BHHS FOX & ROACH
Is 07830, 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, 07830 was a Seller's Market.
Key Takeaway
07830 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
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 November 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 | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $151.5K | - | N/A |
| 2 Bedrooms | $310K | $395K | +27.4% |
| 3 Bedrooms | $500K | $507.5K | +1.5% |
| 4 Bedrooms | $717.5K | $800K | +11.5% |
| 5+ Bedrooms | $1.1M | $1.3M | +10.2% |
Summary: 07830 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 increased by 27.4%, 3 bedroom homes increased by 1.5%, 4 bedroom homes increased by 11.5%, and 5+ bedroom homes increased by 10.2%.
Housing Supply in 07830, NJ
How many homes are available in 07830, NJ?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 29 | 27 | -6.9% |
Summary: The 07830 real estate market had 27 homes for sale in November 2024, a 6.9% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 1 | 2 | +100.0% |
| 3 Bedrooms | 15 | 14 | -6.7% |
| 4 Bedrooms | 8 | 6 | -25.0% |
| 5+ Bedrooms | 4 | 4 | 0.0% |
Summary: The 07830 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 100%, 3 bedroom homes decreased by 6.7%, 4 bedroom homes decreased by 25%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 7 | 3 | -57.1% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 07830, you could pay more than the asking price. 66.7% of homes here sold above asking price last month.
Summary: A total of 3 homes were sold or pending in 07830 in November 2024, down by 57.1% month-over-month. Of the 3 sold homes, 0% were sold under asking, 33% were sold at asking, and 67% were sold over asking.
Days on Market for 07830, NJ
We’re sorry, we don't have information for this market at the moment
