$10,000 Closing Credit*
$999,000
2 Beds
•2 Full Baths, 1 Partial
Listing Office: CHRISTIE'S INT. REAL ESTATE GROUP
Is 07932, 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, 07932 has remained a Seller's Market.
Key Takeaway
07932 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 07932, NJ
How much do homes in 07932, NJ cost?
Median Sold Price
$955,000
-
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$55,000(+6.1%)
Key Takeaway
Homes in 07932 have sold for 6.1% more than they did a year ago.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $410K | $400K | -2.4% |
| 2 Bedrooms | $676K | $665K | -1.6% |
| 3 Bedrooms | $615.5K | $812K | +31.9% |
| 4 Bedrooms | $970K | $999K | +3.0% |
| 5+ Bedrooms | $1.4M | $1.4M | +3.4% |
Summary: 07932 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 2.4%, 2 bedroom homes decreased by 1.6%, 3 bedroom homes increased by 31.9%, 4 bedroom homes increased by 3%, and 5+ bedroom homes increased by 3.4%.
Housing Supply in 07932, NJ
How many homes are available in 07932, NJ?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 44 | 37 | -15.9% |
Summary: The 07932 real estate market had 37 homes for sale in November 2024, a 15.9% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 2 | 2 | 0.0% |
| 2 Bedrooms | 4 | 2 | -50.0% |
| 3 Bedrooms | 11 | 6 | -45.5% |
| 4 Bedrooms | 3 | 5 | +66.7% |
| 5+ Bedrooms | 24 | 22 | -8.3% |
Summary: The 07932 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 decreased by 50%, 3 bedroom homes decreased by 45.5%, 4 bedroom homes increased by 66.7%, and 5+ bedroom homes decreased by 8.3%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 9 | 10 | +11.1% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
8 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 07932, you could pay more than the asking price. 80% of homes here sold above asking price last month.
Summary: A total of 10 homes were sold or pending in 07932 in November 2024, up by 11.1% month-over-month. Of the 10 sold homes, 20% were sold under asking, 0% were sold at asking, and 80% were sold over asking.
Days on Market for 07932, NJ
We’re sorry, we don't have information for this market at the moment
