$7,778 Closing Credit*
$655,000
2,100 SqFt
4 Beds
•2 Full Baths, 1 Partial
Listing Office: RE/MAX SELECT
Is 07857, 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, 07857 was a Seller's Market.
Key Takeaway
07857 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in 07857, NJ
How much do homes in 07857, NJ cost?
Median Sold Price
$455,000
-
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$72,500(+19.0%)
Key Takeaway
Homes in 07857 have sold for 19% more than they did a year ago.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $300K | - | N/A |
| 3 Bedrooms | $383.7K | $455K | +18.6% |
| 4 Bedrooms | $395K | - | N/A |
| 5+ Bedrooms | $530K | $440K | -17.0% |
Summary: 07857 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 18.6%, 4 bedroom homes did not change, and 5+ bedroom homes decreased by 17%.
Housing Supply in 07857, NJ
How many homes are available in 07857, NJ?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 10 | 12 | +20.0% |
Summary: The 07857 real estate market had 12 homes for sale in November 2024, a 20.0% increase compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 1 | 2 | +100.0% |
| 3 Bedrooms | 5 | 5 | 0.0% |
| 4 Bedrooms | 1 | 1 | 0.0% |
| 5+ Bedrooms | 3 | 4 | +33.3% |
Summary: The 07857 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 remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 33.3%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 0 | 1 | +100.0% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in 07857, you could pay more than the asking price. 100% of homes here sold above asking price last month.
Summary: A total of 1 homes were sold or pending in 07857 in November 2024, up by 100.0% month-over-month. Of the 1 sold homes, 0% were sold under asking, 0% were sold at asking, and 100% were sold over asking.
Days on Market for 07857, NJ
We’re sorry, we don't have information for this market at the moment
