$5,403 Closing Credit*
$455,000
1 Bed
•2 Full Baths
Listing Office: COLDWELL BANKER REALTY
Is 07932, 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, 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
$944,500
-
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$42,000(+4.7%)
Key Takeaway
Homes in 07932 have sold for 4.7% more than they did a year ago.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $408K | $400K | -2.0% |
| 2 Bedrooms | $650K | $685K | +5.4% |
| 3 Bedrooms | $605K | $757.5K | +25.2% |
| 4 Bedrooms | $991K | $980K | -1.1% |
| 5+ Bedrooms | $1.6M | $1.5M | -7.6% |
Summary: 07932 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 2%, 2 bedroom homes increased by 5.4%, 3 bedroom homes increased by 25.2%, 4 bedroom homes decreased by 1.1%, and 5+ bedroom homes decreased by 7.6%.
Housing Supply in 07932, NJ
How many homes are available in 07932, NJ?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 42 | 47 | +11.9% |
Summary: The 07932 real estate market had 47 homes for sale in October 2024, a 11.9% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 1 | +100.0% |
| 2 Bedrooms | 3 | 4 | +33.3% |
| 3 Bedrooms | 13 | 12 | -7.7% |
| 4 Bedrooms | 3 | 3 | 0.0% |
| 5+ Bedrooms | 23 | 27 | +17.4% |
Summary: The 07932 housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes increased by 33.3%, 3 bedroom homes decreased by 7.7%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 17.4%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 9 | 8 | -11.1% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
4 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 07932, you could pay more than the asking price. 50% of homes here sold above asking price last month.
Summary: A total of 8 homes were sold or pending in 07932 in October 2024, down by 11.1% month-over-month. Of the 8 sold homes, 38% were sold under asking, 13% were sold at asking, and 50% were sold over asking.
Days on Market for 07932, NJ
We’re sorry, we don't have information for this market at the moment
